628 Marion Place

Description

Over 15% Rental Upside - We are proud to exclusively present the opportunity to acquire 628 Marion Place, a 10-unit investment opportunity located in the desirable city of Glendora, California. Built in 1960, the property sits on a 11,191 square feet lot and has a building size of approximately 7,002 square feet. The building consists of six-one bedroom/one bathroom units of approximately 625 square feet and four-two bedroom/one bathroom units of approximately 800 square feet. The property features new wi Over 15% Rental Upside - We are proud to exclusively present the opportunity to acquire 628 Marion Place, a 10-unit investment opportunity located in the desirable city of Glendora, California. Built in 1960, the property sits on a 11,191 square feet lot and has a building size of approximately 7,002 square feet. The building consists of six-one bedroom/one bathroom units of approximately 625 square feet and four-two bedroom/one bathroom units of approximately 800 square feet. The property features new windows, exterior paint, updated units and an on-site laundry room. Parking consists of six tuck-under parking spaces and open space parking. All of the units are individually metered for gas and electricity and have individual hot water heaters. The property is located one block south of Historic Route 66 and is ideally situated with easy access to the 210 and 57 freeways. The property is also within three miles of Azusa Pacific University and Citrus Community Colleges which have a combined annual enrollment of approximately 30,000 students. Glendoras residents enjoy highly rated public and private schools, lush parks, comprehensive community services and one of the lowest crime rates in the nation. From tree lined neighborhood streets and quaint downtown Village shops to the modern architecture of the Financial Way business center, Glendora is a haven from the fast pace of the Los Angeles metropolitan area.