618 West Rte 66

Active

$12,295,000

3 beds48 baths42,485 sqft

618 W Rte 66, Glendora, CA 91740

Est: $79,119/moGet pre-approved

Mixed UseProperty Type

1.45 acresLot Size

1962Year Built

$289/sq ftPrice per sq ft

77 carsParking Spaces

Description

New price. Royal Palms Apartments & Professional Building (618-620 W. Route 66) is a well-located mixed-use investment opportunity comprised of 48 apartment units and 28 commercial suites. Situated along the historic Route 66 corridor in the city of Glendora, California, the property sits on a 1.45-acre parcel and features a combined building size of approximately 42,485 square feet. Royal Palms Apartments is comprised of two two-story residential buildings and includes a well-balanced unit mix of...New price. Royal Palms Apartments & Professional Building (618-620 W. Route 66) is a well-located mixed-use investment opportunity comprised of 48 apartment units and 28 commercial suites. Situated along the historic Route 66 corridor in the city of Glendora, California, the property sits on a 1.45-acre parcel and features a combined building size of approximately 42,485 square feet. Royal Palms Apartments is comprised of two two-story residential buildings and includes a well-balanced unit mix of twenty-four studios, twenty-three one-bedrooms, and one two-bedroom floor plans. Approximately 75% of the apartment units have been upgraded through a renovation program and feature modern interior finishes including luxury vinyl plank flooring, updated kitchen and bathroom cabinetry, recessed lighting, vinyl windows, fresh interior paint, ceiling fans, and window A/C units. Additionally, all apartment units are individually metered for gas & electricity. Exterior improvements include seismic retrofit, new roofs in 2019, new landscaping, re-plastered swimming pool and pump & new exterior doors. The property offers strong functional amenities and operational advantages, including a total of 77 on-site parking spaces, a significant competitive benefit for a mixed-use asset of this size and vintage. Parking includes 40 tuck-under spaces with individual locked storage (20 front / 20 rear) and 37 surface parking spaces distributed along the west, east, and front portions of the property, including ADA-designated stalls. Additional resident amenities include on-site bike lock stands, enhancing accessibility and modern tenant convenience. Royal Palms Professional Building consists of 28 commercial suites (8 retail suites ground level and 20 office suites 2nd story) across two floors. Commercial suites are individually metered for electricity, with tenants responsible for their own utility expenses. The landlord is responsible for common area electricity, gas for heating and air conditioning, water, and trash, consistent with a modified gross lease structure commonly utilized in the market, offering operational efficiency and predictable expense allocation.

81 days on Market

Listed by: Douglas McCauley DRE #CV35308 Brokerage DRE #00530854 • MARCUS & MILLICHAP 626-695-6776
Listed by: David Covarrubias DRE #01941403 Brokerage DRE #00530854 • MARCUS & MILLICHAP

Last updated: 08/24/2026 04:41 AM • Source: CRMLS, MLS#: CV26143474

Location

Listing Courtesy of MARCUS & MILLICHAP, Douglas McCauley, DRE #CV35308; MARCUS & MILLICHAP, David Covarrubias, DRE #01941403

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$79,119 per month

30 year fixed, 6.71% Interest

Principal and Interest

$63,535

Property Taxes

$15,584

HOA Dues

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Property Information for 618 West Rte 66

Property Details

MLS Type: Residential Income
County: Los Angeles County
Parking Spaces Total: 77
Private Pool: No
Cooling Type: Wall/Window Unit(s)
Total Units: 76.0
Building Type: Attached
Lot Size Source: Public Records
Living Area: 42485
Assessor Parcel Number: 8633-005-015
Property Attached YN: true
Common Walls: 2+ Common Walls
New Construction: No
Average Studio Area Units: Square Feet
Average 1 Bed Area Units: Square Feet
Average 2 Bed Area Units: Square Feet
Average 3 Bed Area Units: Square Feet
Building Area Total: 42485
Building Area Units: Square Feet
Stories Total: 2
Entry Level: 1
Pool: Yes
Senior Community: No
Parcel Number: 8633005015
Area: Glendora (629)
Directions: West of Grand Avenue

Building Information

Stories: 2
Year Built: 1962
Lot Size: 1.45 AC / 63,162 SF

Rental Info

Tenant Pays: Gas, Electricity

Income / Expense / Tax Details

Income Details

Gross Income: $972,924
Gross Scheduled Income: $1,299,228

Vacancy Allowance: 81261
Gross Operating Income: $1,223,920
Net Operating Income: $771,545
Laundry Income: $5,953
Gross Multiplier: 9.46
Cap Rate: 6.28

Expense Details

Operating Expense: $452,375
New Taxes Expense: $157,700

Gardener Expense: $8,590
Fuel Expense: $11,800
Licenses Expense: $4,000
Pest Control Expense: $1,500
Pool Expense: $4,850
Electric Expense: $36,000
Insurance Expense: $50,000
Maintenance Expense: $60,000
Professional Management Expense: $58,317
Trash Expense: $45,172
Water Sewer Expense: $11,555
Supplies Expense: $5,000
Total Expenses: $452,375

Tax / Assessment Info

Tax Block: T1N
Tax Tract Number: 4008.01

Tax Lot: 36

Community / Development

Community Features: Curbs, Street Lights, Sidewalks

Property / Structure Info

Interior Features

Laundry: Yes
Laundry Features: Community

Laundry Equipment Own Lease: Lease
Cooling: Wall/Window Unit(s)

Exterior Features

Entry Location: Front
Pool Features: Community

Land/Lot Info

Lot Features: Lot 6500-9999
Number Of Units: 76

Land Lease: No
Land Lease Type: Fee
Levels: Two
Water: Public
Sewer: Public Sewer
Water Source: Public

Parking Info

Garage Spaces: 0
Uncovered Spaces: 37

Open Other Spaces Total: 37
Parking Garage Spaces: 0
Carport Spaces: 40

Unit Information

Unit 1

Unit Type Units Total: 24
Unit Type Beds Total: 0

Unit Type Baths Total: 1
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 0
Unit Type Actual Rent: $1,619
Unit Type Total Rent: $38,856
Unit Type Pro Forma: 1750
Unit Type Type: 1

Unit 2

Unit Type Units Total: 23
Unit Type Beds Total: 1

Unit Type Baths Total: 1
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 0
Unit Type Actual Rent: $1,735
Unit Type Total Rent: $39,905
Unit Type Pro Forma: 1950
Unit Type Type: 2

Unit 3

Unit Type Units Total: 1
Unit Type Beds Total: 2

Unit Type Baths Total: 1
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 0
Unit Type Actual Rent: $2,345
Unit Type Total Rent: $2,345
Unit Type Pro Forma: 2400
Unit Type Type: 3

Unit 4

Unit Type Units Total: 28
Unit Type Beds Total: 0

Unit Type Baths Total: 0
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 0
Unit Type Actual Rent: $27,170
Unit Type Total Rent: $27,170
Unit Type Pro Forma: 29887
Unit Type Type: 4

Unit Information

Rent Controlled: No
Number Of Buildings: 3

Number Of Separate Electric Meters: 77
Number Of Separate Gas Meters: 77
Number Of Separate Water Meters: 2

Property History for 618 West Rte 66

Date	Event & Source	Price	Appreciation
Aug 24, 2026	Price Change CLAW #CV26143474MR	$12,295,000	—
Aug 24, 2026	Price Change CRMLS #CV26143474	$12,295,000	—
Jul 1, 2026	Listed (Active) CRMLS #CV26143474	$12,789,000	—
Jul 1, 2026	Listed (Active) CLAW #CV26143474MR	$12,789,000	—
Jul 9, 2025	Withdrawn / Cancelled CLAW #25514755		—
Jul 9, 2025	Withdrawn / Cancelled CRMLS #25514755	$13,300,000	—
Jul 8, 2025	Price Change CLAW #25514755	$13,300,000	—
Jul 8, 2025	Listed (Active) CLAW #25514755	$15,500,000	—
Jun 30, 2025	Expired CLAW #25514755	$13,300,000	—
Jun 30, 2025	Expired CRMLS #25514755		—
Mar 31, 2025	Price Change CLAW #25514755	$14,700,000	—
Mar 31, 2025	Price Change CRMLS #25514755	$14,700,000	—
Mar 21, 2025	Listed (Active) CLAW #25514755	$15,500,000	—
Mar 21, 2025	Listed (Active) CRMLS #25514755	$15,500,000	—
Jul 26, 2022	Sold CLAW #CV22081529MR	$14,250,000	—
Jul 26, 2022	Sold CRMLS #CV22081529	$14,250,000	—
Jul 26, 2022	Sold SDMLS #CV22081529	$14,250,000	—
Jul 25, 2022	Pending CRMLS #CV22081529		—
Jul 19, 2022	Sold (Public Record) Public Record #1494127771	$14,250,000	+28.8% / yr
Jun 8, 2022	Pending CLAW #CV22081529MR		—
Jun 8, 2022	Pending SDMLS #CV22081529		—
May 18, 2022	Price Change CLAW #CV22081529MR	$14,500,000	—
May 18, 2022	Price Change CRMLS #CV22081529	$14,500,000	—
Apr 21, 2022	Listed (Active) CLAW #CV22081529MR	$14,995,000	—
Apr 21, 2022	Listed (Active) SDMLS #CV22081529	$14,995,000	—
Apr 21, 2022	Listed (Active) CRMLS #CV22081529	$14,995,000	—
Mar 23, 2021	Hold SDMLS #CV20170848		—
Mar 22, 2021	Sold CLAW #CV20170848MR	$10,150,000	—
Mar 22, 2021	Sold SDMLS #CV20170848	$10,150,000	—
Mar 22, 2021	Sold CRMLS #CV20170848	$10,150,000	—
Mar 17, 2021	Sold (Public Record) Public Record #693454472	$10,150,000	—
Mar 10, 2021	Sold (Public Record) Public Record #1454326441	$10,150,000	—
Feb 16, 2021	Pending CRMLS #CV20170848		—
Feb 16, 2021	Pending SDMLS #CV20170848		—
Feb 16, 2021	Pending CLAW #CV20170848MR		—
Oct 13, 2020	Price Change SDMLS #CV20170848	$11,600,000	—
Oct 12, 2020	Price Change CLAW #CV20170848MR	$11,600,000	—
Oct 12, 2020	Price Change CRMLS #CV20170848	$11,600,000	—
Aug 20, 2020	Listed (Active) SDMLS #CV20170848	$12,200,000	—
Aug 20, 2020	Listed (Active) CLAW #CV20170848MR	$12,200,000	—
Aug 20, 2020	Listed (Active) CRMLS #CV20170848	$12,200,000	—

Date	Event & Source	Price
08/24/2026	Price Change CLAW #CV26143474MR	$12,295,000
08/24/2026	Price Change CRMLS #CV26143474	$12,295,000
07/01/2026	Listed (Active) CRMLS #CV26143474	$12,789,000
07/01/2026	Listed (Active) CLAW #CV26143474MR	$12,789,000
07/09/2025	Withdrawn / Cancelled CLAW #25514755	—
07/09/2025	Withdrawn / Cancelled CRMLS #25514755	$13,300,000
07/08/2025	Price Change CLAW #25514755	$13,300,000
07/08/2025	Listed (Active) CLAW #25514755	$15,500,000
06/30/2025	Expired CLAW #25514755	$13,300,000
06/30/2025	Expired CRMLS #25514755	—
03/31/2025	Price Change CLAW #25514755	$14,700,000
03/31/2025	Price Change CRMLS #25514755	$14,700,000
03/21/2025	Listed (Active) CLAW #25514755	$15,500,000
03/21/2025	Listed (Active) CRMLS #25514755	$15,500,000
07/26/2022	Sold CLAW #CV22081529MR	$14,250,000
07/26/2022	Sold CRMLS #CV22081529	$14,250,000
07/26/2022	Sold SDMLS #CV22081529	$14,250,000
07/25/2022	Pending CRMLS #CV22081529	—
07/19/2022	Sold (Public Record) Public Record #1494127771	$14,250,000 +28.8% / yr
06/08/2022	Pending CLAW #CV22081529MR	—
06/08/2022	Pending SDMLS #CV22081529	—
05/18/2022	Price Change CLAW #CV22081529MR	$14,500,000
05/18/2022	Price Change CRMLS #CV22081529	$14,500,000
04/21/2022	Listed (Active) CLAW #CV22081529MR	$14,995,000
04/21/2022	Listed (Active) SDMLS #CV22081529	$14,995,000
04/21/2022	Listed (Active) CRMLS #CV22081529	$14,995,000
03/23/2021	Hold SDMLS #CV20170848	—
03/22/2021	Sold CLAW #CV20170848MR	$10,150,000
03/22/2021	Sold SDMLS #CV20170848	$10,150,000
03/22/2021	Sold CRMLS #CV20170848	$10,150,000
03/17/2021	Sold (Public Record) Public Record #693454472	$10,150,000
03/10/2021	Sold (Public Record) Public Record #1454326441	$10,150,000
02/16/2021	Pending CRMLS #CV20170848	—
02/16/2021	Pending SDMLS #CV20170848	—
02/16/2021	Pending CLAW #CV20170848MR	—
10/13/2020	Price Change SDMLS #CV20170848	$11,600,000
10/12/2020	Price Change CLAW #CV20170848MR	$11,600,000
10/12/2020	Price Change CRMLS #CV20170848	$11,600,000
08/20/2020	Listed (Active) SDMLS #CV20170848	$12,200,000
08/20/2020	Listed (Active) CLAW #CV20170848MR	$12,200,000
08/20/2020	Listed (Active) CRMLS #CV20170848	$12,200,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 618 West Rte 66

Taxable ValueLand$9,869,234Additions$5,252,979Total$15,122,213

Tax Record2025$187,009 ($15,584 / month)

Home Facts

Total Finished SqFt43,486 SqFtAbove Grade Finished SqFt43,486 SqFtStories1Lot Size63,095 SqFtStyleStoresYear Built1962Year Renovated1962ZoningGDC_RT66SPCountyLOS ANGELESAPN8633-005-015

Schools near 618 West Rte 66

This home is within Glendora Unified School District.


Rating	School	Type	Grades	Distance
6/10	Stanton Elementary School	Public - Serves this home	K to 5	0.2 mi
7/10	Sandburg Middle School	Public - Serves this home	6 to 8	0.8 mi
9/10	Glendora High School	Public - Serves this home	9 to 12	2.3 mi
2/10	Whitcomb Continuation High School	Public - Choice school	9 to 12	0.4 mi
NR	Light and Life Christian School	Private - Nearby school	PK to 5	0.2 mi
NR	Foothill Christian	Private - Nearby school	K to 8	0.7 mi


Rating	School	Distance
6/10	Stanton Elementary School PublicK to 5 Serves this home	0.2 mi
7/10	Sandburg Middle School Public6 to 8 Serves this home	0.8 mi
9/10	Glendora High School Public9 to 12 Serves this home	2.3 mi
2/10	Whitcomb Continuation High School Public9 to 12 Choice school	0.4 mi
NR	Light and Life Christian School PrivatePK to 5 Nearby school	0.2 mi
NR	Foothill Christian PrivateK to 8 Nearby school	0.7 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 618 West Rte 66, Glendora, CA 91740

618 West Rte 66 is a mixed use property for sale in Glendora, CA 91740. This property was listed for sale on July 1, 2026 by MARCUS & MILLICHAP, it's currently listed at $12,295,000. It has been on the market for a total of 81 days and was last sold on July 26, 2022. This listing's school district is Glendora Unified School District. Nearby schools include Stanton Elementary School, Sandburg Middle School and Glendora High School. 618 West Rte 66 is a 3-bed, 48-bath, 42,485 sqft mixed use property built in 1962.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of MARCUS & MILLICHAP, Douglas McCauley, DRE #CV35308; MARCUS & MILLICHAP, David Covarrubias, DRE #01941403

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

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More information about 618 West Rte 66, Glendora, CA 91740