$4,600,000
121 N Pennsylvania Avenue, Glendora CA 91741
Multi-Family (12 Units)
Property type
63 days
On market
$536
Price per sqft
1 car
Garage
1959
Year built
41,427 sqft
Lot size
Open Houses
Overview
Exceptional 12-unit investment opportunity with a vacant lot located in the highly desirable city of Glendora. Situated on nearly one acre of land, this unique property features 12 sizable, single-story cottage-style units, including an additional nearly ½-acre vacant lot offering potential for future development (buyer to verify with the City of Glendora). The unit mix...
Listing provided by: Cesar Carrillo DRE #01272108 626-514-2356, Coldwell Banker Realty, JIM LEK DRE #00696204 626-285-8333, KO TAI REALTY
Listing updated: Apr 22, 2026 at 11:43pm.
Last checked: Jun 14, 2026 at 03:30am
Source: CRMLS #AR26079602
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | — | $1,835 | $1,835 | $1,850 | Unfurnished |
| 1 | 1 | 1 | — | $1,839 | $1,839 | $1,850 | Unfurnished |
| 1 | 1 | 1 | — | $1,755 | $1,755 | $1,850 | Unfurnished |
| 1 | 1 | 1 | — | $1,780 | $1,780 | $1,850 | Unfurnished |
| 1 | 1 | 1 | — | $1,750 | $1,750 | $1,850 | Unfurnished |
| 1 | 1 | 1 | — | $1,730 | $1,730 | $1,850 | Unfurnished |
| 1 | 1 | 1 | — | $1,800 | $1,800 | $1,850 | Unfurnished |
| 1 | 1 | 1 | — | $1,800 | $1,800 | $1,850 | Unfurnished |
| 1 | 1 | 1 | — | $1,750 | $1,750 | $1,850 | Unfurnished |
| 1 | 1 | 1 | — | $1,830 | $1,830 | $1,850 | Unfurnished |
| 1 | 2 | 1 | — | $2,450 | $2,450 | $2,450 | Unfurnished |
| 1 | 3 | 2 | — | $2,848 | $2,848 | $2,900 | Unfurnished |
# of Buildings: 7
# of Units Total: 12
Separate Electric Meters: 12
Separate Gas Meters: 12
Separate Water Meters: 4
Rent Control: No
Units Leased: 11
Total Actual Rent: $20,717
Financial Snapshot
Gross Rent Multiplier
16.5x
List Price / Annual Gross Rent
Cap Rate
3.24%
NOI / List Price
Gross Scheduled Income: $278,004
Vacancy Allowance Rate: 3%
Operating Expense: $101,032
Net Operating Income: $149,038
Annual Operating Expenses
Gardener: $3,600
Insurance: $9,797
Maintenance: $18,013
Professional Management: $13,740
Trash: $0
Water / Sewer: $0
Other Expense: $13,479
Interior
Laundry: None
Entry Location: Front
Exterior
Property Attached: Yes
Stories Total: 1
Levels: One
Roof: Composition, Shingle
Common Walls: Two Common Walls Or More
Lot Features: Eleven To Fifteen Units Acre, Lawn, Lot Over40000 Sqft, Landscaped
Pool: None
Water Source: Public
Sewer: Public Sewer
Utilities: Sewer Connected
Garage and Parking
Garage Spaces: 1
Parking Total: 1
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 8638020042
Additional Parcels: No
Tax Lot: 14
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Curbs, Suburban, Sidewalks