1746 Sunflower Avenue

Glendora, CA 91740

$4,400,000

List Price

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1979

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Property Description

We are proud to present 1746 Sunflower Ave – a 14-Unit garden-style apartment community located in the City of Glendora. The city of Glendora is located in the east San Gabriel Valley, off the 210- & 57-Freeways neighboring other affluent neighborhoods like the cities of La Verne and San Dimas. Tenants enjoy being a short distance away from notable venues and locations like the Dodger Stadium in LA, Santa Anita Racetrack and Mall in the West San Gabriel Valley, Victoria Gardens in Rancho Cucamonga, Top Golf and Ontario Airport in the City of Ontario, and much more. Local educational grounds include Glendora High School, Azusa Pacific University, Citrus Community College, and several grade school options. The property itself has an incredible location. Tenants enjoy neighboring Glendora Marketplace and having a short 5-minute drive to retail amenities like CVS, Target, Walmart, Kaiser Medical Center, 24-Hour Fitness, and several restaurants along Arrow Highway and inside Diamond Ridge Plaza, a 330,000 SF shopping center. 1746 Sunflower Ave is a 14-unit multifamily property offering +/-14,175 SF of rentable building space and sits on a +/-29,300 SF parcel. The property consists of one, 1, studio, 1, 1-bedroom/1-bathroom, 10, 2-bedroom/1.5-bathroom, and 2, 2-bedroom/2-bathroom units. The units average 600, 900, 1,000, and 1,350 square feet, respectively. Currently the property produces +/-$364,617 of annual income – offering a healthy and attractive 4.45% Cap Rate to a new investor and 6.43% Pro Forma CAP Rate on a well-located asset. Tenants enjoy amenities like a well-kept garden-style community, balconies in select units, on-site laundry facility, on-site parking garages, and ample uncovered parking spaces.

Listing Information

List Price $4,400,000
Status Active
MLS CV25032186
Type Residential Income
Subtype Apartment
Year Built 1979
Lot Size 29,278
Structure Size N/A
Courtesy Of CB RICHARD ELLIS
Listing Agent ERIC CHEN DRE#01489184

Interior Features

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Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: ERIC CHEN, CB RICHARD ELLIS 909-418-2071. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 12th, 2025 at 10:26 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.