501 Parker Drive
501 Parker Drive
$1,500,000
5
16
2,796
2,796
$536
Description
First time on the market in 45 years! Don’t miss an incredible opportunity to own this fourplex apartment building built in 1955 on a quiet cul-de-sac in Glendora. Ideal single-story construction with attached garages and laundry hook ups. Mix includes three 1 bed, 1 bath and one 2 bed, 1 bath. Fully leased with an NOI of $55,813, 15.66 GRM & 3.72% Cap Rate. All rents are at market value from 2023. Some interior renovations have recently been completed. Contact agent for more information. The property...First time on the market in 45 years! Don’t miss an incredible opportunity to own this fourplex apartment building built in 1955 on a quiet cul-de-sac in Glendora. Ideal single-story construction with attached garages and laundry hook ups. Mix includes three 1 bed, 1 bath and one 2 bed, 1 bath. Fully leased with an NOI of $55,813, 15.66 GRM & 3.72% Cap Rate. All rents are at market value from 2023. Some interior renovations have recently been completed. Contact agent for more information. The property is 100% occupied. No tours will be conducted until seller has accepted an offer.
- Listed by CHRISTOPHER JOHNSON • DRE #01934154 • Brokerage DRE #01934154 • LEE & ASSOC COMM R E SERV/PAS • pas_admin@lee-associates.com
Property Details for 501 Parker Drive
Parking Spaces Total
8
Private PoolNo
Cooling TypeWall/Window
Total Units4.0
Building TypeAttached
Lot Size SourceAssessor
Living Area2796
Assessor Parcel Number8639-027-009
Location
LISTING UPDATED: 12/12/2023 04:24 AM
Property Details for 501 Parker Drive
Status | Active |
---|---|
MLS # | WS23221440 |
Days on Market | 146 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1955 |
County | Los Angeles County |
Location
Building Information for 501 Parker Drive
Building/Complex501 Parker DrFloor-Stories1Residences-Pet Policy-Year Built1955Building Size-
Payment Calculator
$8,514 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 501 Parker Drive
Property History for 501 Parker Drive
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 501 Parker Drive
Taxable ValueLand$49,607Additions$180,924Total$230,531
Tax Record2023$3,934 ($328 / month)
Home Facts
Total Finished SqFt2,796 SqFtAbove Grade Finished SqFt2,796 SqFtLot Size10,753 SqFtStyleQuadraplexYear Built1955ZoningGDR3CountyLOS ANGELESAPN8639-027-009
Schools near 501 Parker Drive
This home is within Glendora Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
La Fetra Elementary School PublicK to 5 | ||
Sandburg Middle School Public6 to 8 | ||
Glendora High School Public9 to 12 | ||
Whitcomb Continuation High School Public9 to 12 |
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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