Glendora, CA 91740 625 -627 S Wabash Avenue

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Presented By: KEVIN LUTZ with Keller Williams Realty/Pasadena; 626-429-0685
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# WS25140652
  • 06/23/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 32
  • Baths • 3
  • SQFT • 10,483

Home Details

Property Overview: Wabash Gardens is a 16- unit apartment complex on two lots (4 total parcels), with two 8 -unit buildings, each 2 -story walk-up, with slightly pitched rolled composition roof and slab foundations. The carport roofs are also rolled composition. Unit Mix: 16: 2 bed/ 1 bath approximate average 655 SF. Units: Each unit has gas wall heaters and wall A/C. Some kitchens have newer cabinets, granite counters, gas stoves/ovens and vinyl plank flooring, ceramic tile or sheet vinyl. Bathrooms have vinyl plank, ceramic tile or sheet vinyl flooring, newer vanity cabinets and sliding doors on the tub/shower. Living rooms and bedrooms are carpeted, vinyl plank, oak parquet or ceramic tile. Utilities: Individually metered for gas & electric. Owner pays for hot water, water/sewer & trash. Hot Water Heaters: Two 100-gallon hot water heaters, one for each building. 625 was replaced in 2016 and 627 was replaced in 2021. Parking: 28 spaces: 15 carports and 13 open spaces. No Soft story. Seller will carry a 1St Trust Deed, 6% Interest Only, 5 years, $2,000,000 down payment.
Presented By: KEVIN LUTZ with Keller Williams Realty/Pasadena; 626-429-0685

Interior Features for 625 -627 S Wabash Avenue

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommonArea
Total Stories2

Other Rooms

Entry Level1

General for 625 -627 S Wabash Avenue

Additional Parcels Description8644-001-020, 8644-001-040, 8644-001-048
Additional Parcels Y/NYes
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate5.16
Carport Spaces15.0
Carport Y/NYes
CityGlendora
Community FeaturesCurbs
CoolingWallWindowUnits
CountyLos Angeles
DirectionsHistoric Route 66 & Glendora Ave
Electric Expense1149.0
Entry Location1
Fuel Expense5844.0
Garage Spaces0.0
Garage Y/NNo
Gross Income2880.0
HOANo
HOA Fee$0.0
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense8305.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashToNewLoan
Lot Size Square Feet20978.0
Lot Size UnitsSquareFeet
MLS Area629 - Glendora
Maintenance Expense24386.0
MobileHomeRemainsYNNo
Net Operating Income241367.0
New ConstructionNo
Number Of Units Total16
Open Parking Spaces13.0
Operating Expense137107.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
RoofComposition
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard, Trust
Standard StatusActive
StatusActive
Stories Count1
Tax Lot18
Taxes$52,369
Trash Expense11021.0
Water Sewer Expense4817.0
Year Built1959
Year Built SourcePublicRecords
ZoningGDR3

Exterior for 625 -627 S Wabash Avenue

Building Area Total10483.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesStreetLevel
Lot Size Acres0.4816
Lot Size Area20978.0
Lot Size SourcePublicRecords
Number of Buildings2
Number of Separate Electric Meters16
Number of Separate Gas Meters16
Number of Separate Water Meters1
Private PoolNo
SpaNo
Total Parking28.0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $4,675,000
MLS#WS25140652
List Date 06/23/2025
Property Type Multi-Family
Phone 714.742.6515
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