Description for
420 W Meda AvenueGlendora, CA 91741
BACK ON MARKET!! Beautifully updated 6 bedrooms & 3 bath property (including 1 permitted ADU) totaling 1,872 sqft in Glendora. Over $6,000 in projected monthly gross income potential! Close proximity to local amenities and conveniently located near the 210 Freeway. This turnkey property is suitable for families looking to create additional income and / or student housing co-living spaces for Azusa Pacific University and Citrus College - with appliances included! The spacious backyard offers unlimited re-development potential / additional ADU / value-add upside. With the R2 Zoning, the lot size of 9,674 sqft allows for an additional ADU to be constructed on premises, further adding cash flow to this asset. Buyer to confirm with their own due diligence on highest and best use of additional ADU.Located in the highly rated Glendora School District and walking distance to Glendora Downtown Village with shopping and restaurants. Some upgrades on the home include recessed lighting, glass shower doors, dual pane windows, dual washer & dryer, PEX plumbing, tankless water heaters, quartz countertops, tile flooring and A/C system. Seller is willing to open up drywall for one of the guest bedrooms to create "open floor plan" that seamlessly transitions to the kitchen area, creating dining space and has built in pantry space potential.
Price
Sold Price: $940,000 Sold Date:02/02/2022
Los Angeles
6
3 Full
1,872 (approx)
WS21202090
Closed
Description
BACK ON MARKET!! Beautifully updated 6 bedrooms & 3 bath property (including 1 permitted ADU) totaling 1,872 sqft in Glendora. Over $6,000 in projected monthly gross income potential! Close proximity to local amenities and conveniently located near the 210 Freeway. This turnkey property is suitable for families looking to create additional income and / or student housing co-living spaces for Azusa Pacific University and Citrus College - with appliances included! The spacious backyard offers unlimited re-development potential / additional ADU / value-add upside. With the R2 Zoning, the lot size of 9,674 sqft allows for an additional ADU to be constructed on premises, further adding cash flow to this asset. Buyer to confirm with their own due diligence on highest and best use of additional ADU.Located in the highly rated Glendora School District and walking distance to Glendora Downtown Village with shopping and restaurants. Some upgrades on the home include recessed lighting, glass shower doors, dual pane windows, dual washer & dryer, PEX plumbing, tankless water heaters, quartz countertops, tile flooring and A/C system. Seller is willing to open up drywall for one of the guest bedrooms to create "open floor plan" that seamlessly transitions to the kitchen area, creating dining space and has built in pantry space potential.
Listing Information
Property Type: Single Family, 1 Story
6
3 Full
0.22 Acres
Plans
1,872 (approx)
1950
1
Public
None
Cable Available,Electricity Available,Natural Gas Available,Water Available,Sewer Not Available
Neighborhood
School Information
District: Glendora Unified
Room Information
Bathrooms: Main Level: 3
3
Main Level: 6, Total: 6
Inside,Laundry Room
Interior Features
Dishwasher,Electric Oven,Free-Standing Range,Disposal,Gas Water Heater,Refrigerator,Range Hood,Tankless Water Heater,Vented Exhaust Fan,Dryer,Washer
Exit Grand Ave on 210 freeway and head north. Turn right (East) on W. Meda Ave and arrive at 420 W. Meda Ave., Glendora, CA 91741
Financial Considerations
Cash,Cash to New Loan,Conventional,1031 Exchange
Listing Price History
Glendora Real Estate
Glendora is located in California.
Glendora, California 91741 has a population of 52,806.
The median household income in Glendora, California 91741 is
$108,027.
The median household income for the surrounding county is $73,262
compared to the national median of $66,222.
The median age of people living in Glendora 91741 is 38 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
Street Address
City
Beds
Baths
Sold Price
Sold Date
No information is available for recently sold properties within this search.