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Investment Property in Glendora For Sale – PRICE JUST REDUCED!

$569,000
  • ID ­ARG216960896 - CA
  • Listing type: Pending
  • Bedrooms 4
  • Bathrooms 2
  • Lot Size 8225 sqft
  • Living Area 1487 sqft
  • Property type: Residential Care Facility for Elderly
  • Built In 1959

Property Description

Great Investment Opportunity with long term return. Perfect for a 1031 Exchange. Property has been used as a Residential Care for Facility for over 13 years. The current long-term lease is $3500/month and expires 11/31/21. Lease has two 5 year options to extend with rents to be negotiated at the time of extension. The home is located on a quite cul-de-sac. The entry opens to a welcoming living room that leads to a naturally lit dining are which is adjacent to the galley kitchen. The flow of the home moves you effortlessly room to room. There is a grand backyard with a connected patio for a potentially creative opportunity. Tenants are responsible for all utilities including solar as well as all maintenance of the property excluding mechanical equipment, roof, and foundation. For more information, please call Amed Franco at 323-997-7552 or Jaankey Patel at 951-858-2082

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