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Apartment Building With Townhouse Units
For Sale
$2,050,000

569 E Colorado Avenue, Glendora, CA 91740

Seven-unit property with varied layouts, private outdoor space, onsite laundry, and parking for residents.

Property SizeContact for details
Lot Size0.24 Acres
Days on Market115

Property Features for 569 E Colorado Avenue

General Information

Standard status Active
Net Rentable 6,434 SF
Lot size 0.24 Acres
Property subtype Apartment

Financials

Cap Rate 5%
Gross Rent Multiplier 13

Units

Unit Mix 2 x 2BR/1.5BA, 5 x 2BR/1BA
Multifamily Units 7

Amenities

private patios or balconies
onsite parking
onsite laundry facility
Wall/Window Unit(s)
Electricity Available, Natural Gas Available, Sewer Available, Water Available, Shingle

Building Details

Year Built 1963
Stories 2
Listing Agency: RE/MAX 2000 REALTY
Listed By: Kristopher German · License #01800021
Source: Kw
Added: May 16 Changed: Sep 5 Last Checked: Sep 6 at 8:25PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX 2000 REALTY

Investment Insights

Based on property information with market context.

This 7-unit apartment property includes two 2-bedroom, 1.5-bath townhouse-style residences arranged over two stories, along with five 2-bedroom, 1-bath apartments. The improvements contain approximately 6,434 rentable square feet on a 10,442-square-foot lot. Most residences have received updates to kitchens, bathrooms, flooring, and windows. Private patios or balconies, onsite laundry, and ample parking add practical resident amenities. Wall/window unit cooling is provided.

Recent capital work includes a newer roof, copper plumbing improvements, and exterior paint. The property was built in 1963 and has electricity, natural gas, sewer, and water available. Located at 569 E Colorado Avenue in Glendora, the asset is reported at a 13 GRM and 5% CAP Rate, with an established seven-unit configuration and a mix of townhouse and conventional apartment layouts.

Key Highlights

  • 7‑unit apartment property with approximately 6,434 rentable square feet
  • Unit mix includes two 2‑bed/1.5‑bath two‑story townhouses and five 2‑bed/1‑bath units
  • Situated on a 10,442 sq. ft. lot at 569 E Colorado Avenue, Glendora, CA 91740

Property Analytics

Current Use

Apartments for Rent Apartment Building

Suggested Use

Top Pick Parking Lot & Garage Food Market (Bike/Boat/Book/etc) Store Grocery & Convenience Store Travel Agency Storage Facility

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

7
Residential units

Location Intelligence

Trade Area within ½ mile

1,102
Businesses Nearby

Demographics for 91740, CA

26,644
Population
8,314
Households
3.2
Avg Household Size
41
Median Age
31%
College-Educated
92%
High-School Grad
5.0 sq mi
ZIP Area
5,329
Density / Sq Mi
$98,819
Median Household Income
$49,202
Median Earnings
$2,226
Median Rent
$702,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Apartment building - Seven-unit property with varied layouts, private outdoor space, onsite laundry, and parking for residents.
Where is this apartment building located?
The property is located at 569 E Colorado Avenue Glendora, CA.
What is the asking price?
The asking price for this property is $2,050,000.
What are key features of this property?
This property features: 7‑unit apartment property with approximately 6,434 rentable square feet; Unit mix includes two 2‑bed/1.5‑bath two‑story townhouses and five 2‑bed/1‑bath units; Situated on a 10,442 sq. ft. lot at 569 E Colorado Avenue, Glendora, CA 91740
More about this property
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