About 569 E Colorado Avenue
Just Listed: A pride-of-ownership 7-unit multi-family property in the highly desirable city of Glendora. This well-maintained asset delivers solid in-place income with a 13 GRM and 5% CAP Rate, while also offering long-term upside in one of the San Gabriel Valleys most stable rental markets. The property features an excellent unit mix consisting of two 2-Bed/1.5-Bath two-story townhouse style units, and five 2-Bed/1-Bath units, layouts that consistently attract strong tenant demand. Most units have been updated with new kitchens, bathrooms, flooring, windows and more. The property offers approximately 6,434 rentable square feet on a 10,442 sq. ft. lot. Residents enjoy private patios or balconies, ample onsite parking, and an onsite laundry facility, enhancing tenant retention and occupancy stability. Additional recent improvements include a newer roof, updated copper plumbing, and recent exterior paint, reinforcing the propertys pride-of-ownership appeal and operational reliability. This property is ideal for investors searching for a clean, well-maintained multi-family asset with strong fundamentals, a desirable unit mix, and long-term upside potential.
