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Craftsman Duplex with Two Single-Level Homes
For Sale
Under Contract
$1,080,000

124 N Vista Bonita Avenue, Glendora, CA 91741

Glendora, CA

Property Size1,815 SF
Lot Size0.15 Acres
Price / SF$595.04
Days on Market129

Property Features for 124 N Vista Bonita Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Laundry Room, Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 1, Kitchen, Bedroom 2
Parking 3
Parking features Garage
Window features Blinds, Double Pane Windows
Patio and Porch features Porch
Interior features Quartz Counters, Unfurnished, Open Floorplan
Appliances Water Heater, Refrigerator, Gas Range, Dishwasher, Electric Cooktop
Lot features Front Yard
Elementary school district Glendora Unified
Middle school district Glendora Unified
High school district Glendora Unified
Directions N/Foothill E/Glendora Avenue
Subdivision 629 - Glendora
Standard status Active Under Contract
APN 8638013012
Size 1,815 SF
Lot size 0.15 Acres

Utilities

Sewer type Public Sewer
Heating system Central, Wall Furnace
Cooling system Central Air, Wall/Window Unit(s), Window Unit(s)
Water source Public

Amenities

white picket fence
front porch
turf lawn
drought tolerant landscaping
laundry in cabinet
stackable washer and dryer
pavers

Building Details

Year built 1959
Floors in Building 1
Number of units 2
Flooring type Wood, Vinyl
Roof type Composition
Architectural style Craftsman
Listing Agency: COMPASS
Listed By: Maureen Haney · License #01169487
Added: Apr 13 Changed: Aug 19 Last Checked: Aug 19 at 11:06PM
MLS# CV26090839

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Craftsman duplex featuring two single-level homes on one lot, both remodeled within the last 5 years. Built in 1959, the property includes two-bedroom, one-bath layouts in each residence and offers a combined 1,815 SF of living space on a 0.147-acre lot.

The front home (approximately 1,040 SF) includes a spacious living room, hardwood floors, and an open kitchen with quartz counters and white cabinets, plus an electric cooktop, oven, dishwasher, and refrigerator. The front home also has a remodeled hallway bathroom, central air and heat, and an alley-access shared two-car garage. The front exterior includes a porch, turf lawn, drought-tolerant landscaping, and a sprinkler system, with a courtyard featuring pavers between the homes.

The rear home (approximately 775 SF) offers an open living room, a large kitchen with quartz counters and white cabinets, and appliances including a gas range, refrigerator, and stackable washer and dryer. It has vinyl flooring throughout, two wall-mounted HVAC units, a gas furnace, and a new mini split system for heating and air. A detached shared two-car garage and one parking space are accessed through the alley. A new composition roof was installed on both units and the garage within the last 1.5 years. Public water and public sewer service are provided.

Key Highlights

  • 0.147‑acre lot with 1,815 SF total living space
  • Both homes remodeled within the last 5 years; craftsman duplex on one lot
  • Front home approx. 1,040 SF with central air and heat and remodeled hallway bath

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$31,696
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.93%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$633,920 $633.9K
Cap Rate 7%
$452,800 $452.8K
Cap Rate 9%
$352,178 $352.2K
Market Conditions
NOI Build-Up for 1,815 SF Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent. EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs. OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements. NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$49.0K $27.00/SF
− Vacancy
−$3.7K −$2.05/SF
EGI
$45.3K $24.95/SF
− OpEx
−$13.6K −$7.48/SF
NOI
$31.7K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$633,920
Cap Rate 7%
$452,800
Cap Rate 9%
$352,178

Alternative Uses

Best Use
Multifamily LT 5
$452.8K
$396.2K – $528.3K (±1% cap)
NOI $31,696 @ 7.0% cap · market cap 2.93%
Second Best
Apartment 5plus
$417.2K
$365.1K – $486.8K (±1% cap)
NOI $29,205 @ 7.0% cap · market cap 2.70%
Theoretical Best
Office A
$971.7K
$850.3K – $1.13M (±1% cap)
NOI $68,022 @ 7.0% cap · market cap 6.30%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Grocery & Convenience Store Catering Service Travel Agency Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,781
Businesses Nearby

Demographics for 91741, CA

26,999
Population
9,267
Households
2.9
Avg Household Size
43
Median Age
47%
College-Educated
96%
High-School Grad
20.4 sq mi
ZIP Area
1,323
Density / Sq Mi
$127,063
Median Household Income
$56,502
Median Earnings
$2,212
Median Rent
$923,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex offers two remodeled single-level craftsman residences, each with two bedrooms and one bathroom, plus updated HVAC and roofing.
Where is this duplex located?
The property is located at 124 N Vista Bonita Avenue Glendora, CA.
What is the asking price?
The asking price for this property is $1,080,000.
What are key features of this property?
This property features: 0.147‑acre lot with 1,815 SF total living space; Both homes remodeled within the last 5 years; craftsman duplex on one lot; Front home approx. 1,040 SF with central air and heat and remodeled hallway bath
More about this property
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