2010 - 2022 E Route 66
Multifamily with Land | 0.79 acres | $496/SF
Marketing description
CBRE, Inc. is pleased to exclusively present 2010–2022 E Route 66 in Glendora, CA – a unique mixed-use investment or development opportunity located in the “Pride of the Foothills.”
This ±0.79-acre offering, across two parcels, includes five residential rental units across three single-story buildings totaling ±4,317 square feet, along with two large lots totaling approximately 16,500 square feet. These lots are suitable for either commercial or residential use and offer approximately 230 feet of frontage along historic route 66, one of Glendora’s most active and visible commercial corridors, with a daily traffic count of ±36,842 vehicles at route 66 and lone hill avenue.
Constructed in 1945 and 1954, the existing improvements provide stable income from the residential units, with potential interim income from the land. The property will be delivered with income in place, making it well-suited for investors seeking immediate cash flow with significant long-term redevelopment potential.
Zoned within the Route 66 Specific Plan – TCO (Technology, Commerce, Office) subdistrict, the site supports a wide variety of commercial uses and allows for residential development at a density of up to 30 dwelling units per acre.
The location offers excellent regional accessibility via nearby I-210 and SR-57 and is situated within the highly regarded Glendora unified school district, which includes Sutherland Elementary, Goddard Middle School, and Glendora High School – all recognized for academic excellence.
Offering a rare combination of income and land, 2010–2022 E Route 66 presents a compelling opportunity to acquire a low-coverage, infill asset in a tightly held corridor. Whether pursued as a long-term hold, redevelopment play, or 1031 exchange, this property offers exceptional flexibility and long-term upside.
Investment highlights
Development potential with flexible zoning situated within glendora’s route 66 specific plan – tco subdistrict, the property supports a wide range of commercial uses and allows residential development up to 30 dwelling units per acre, offering upside for builders or long-term investors.
Income in place with value-add upside the property features five residential rental units across three buildings, along with two commercial tenants occupying one office and two large lots - offering stable, diversified cash flow from both residential and commercial income streams.
High visibility and traffic counts the site boasts ±230 feet of frontage along Historic Route 66 with daily traffic counts of ±36,842 vehicles at Route 66 & Lone Hill Avenue, ensuring strong visibility and signage potential.
Very walkable area (walk score: 71) with a walk score of 71, the property is located within walking distance of grocery stores, restaurants, and essential services, supporting livability and tenant appeal.
On-site laundry for tenants the residential units are supported by on-site laundry facilities, offering added convenience for residents and enhancing rental desirability.
Prime corner location situated at a prominent, unsignaled corner along Glendora’s primary east-west corridor, the property offers ease of access and exposure
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