637 S. Wabash Ave., Glendora, CA 91740 - WS25039512 - iPro Real Estate

637 S. Wabash Ave.
Glendora, CA 91740

Active, Multi-Family/Income Sale

New Listing
For Sale

$1,275,000 $158.15 per sqft

Free Professional CMA

Listing ID : WS25039512

  • Beds

    4
  • Lot Size

    8,062 Sqft

Description

Wabash Terrace is a true pride of ownership property consisting of a 2-building triplex with pitched composition shingle roofs. The 637/639 building has a raised foundation while the 641 unit is situated above the garages. Built in 1958, the property was completely renovated in 2018/2019 and features a unit mix of two 1-bed/1-bath units and one 2-bed/1-bath unit. There are 4 parking spaces, including 3 one-car garages and 1 open space. The property is individually metered for gas, electric, and hot water (the owner pays water, sewer, trash, and landscaping expenses). Laundry facilities are provided in each unit with its own washer/dryer. Plumbing was replaced with PEX and copper from the meter to fittings and much of the sewer/drain piping was updated. Each unit has a patio or outdoor sitting area. The seller made the following upgrades in 2018/2019: new concrete driveway, walkways, patios, new vinyl windows, new patio fencing, new paint, new garage doors & openers and new landscaping, sub-panels, main panels and wiring were replaced, all 3 units were fully gutted and renovated and all units were equipped with central A/C and heat, original hardwood floors refinished, all new fixtures and lighting, new electrical, HVAC units, insulation, cabinets, quartz countertops, appliances including washer/dryers, microwaves, dishwashers and window coverings. In 2023, both roofs were replaced with new composition shingles and in 2025, new fencing was installed along the north side of the property from the back corner of unit #639 to the rear property line. Wabash Terrace is under state

Details

Type: Multi-Family/Income Sale 
County: Los Angeles 
Tax ID: 8644001047
Cap Rate: 4% 
Net Operating Income: $52,816 
Days on Market: 1 
Number of Units: 3 
Property Type: Residential Income 
Roof: Composition 
Sub Type: Multi Family 
Zoning: Public Rec 

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34.127804 -117.86293 $1,275,000 WS25039512
637 S. Wabash Ave., Glendora, CA 91740
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Listed by KEVIN LUTZ with Keller Williams Realty/Pasadena