306 E Foothill, Glendora, California 91741, Glendora, 91741 - 8 bed, 6 bath
ACTIVE UNDER CONTRACT$1,950,000
306 E Foothill, Glendora, California 91741
8Beds
6Baths
6,235Sqft
13,050Lot
Year Built
1905
Close
-
List price
$1.95M
Original List price
$2M
Price/Sqft
$313
HOA
-
Days on market
-
Sold On
-
MLS number
CV25242122
Home ConditionFair
Features
Good View: Hills, Mountain(s)
Deck
ViewHills, Mountain(s)
About this home
We found 3 Cons,5 Pros. Rank: price - $1.95M(67th), sqft - 6235(67th), beds - 8(67th), baths - 6(67th).
306 E. Foothill Blvd offers a rare, fully occupied 4-unit multifamily investment in the heart of Glendora. The property features a charming front house currently divided into two income-producing units, with the option to restore it to its original single-family appeal. Three additional units at the rear provide stable cash flow, while the prime Foothill Boulevard location offers proximity to Glendora Village, shopping, dining, schools, and transit. This property combines immediate income with long-term value-add potential in one of the San Gabriel Valley’s most desirable rental markets.
Price History
Date
Event
Price
11/08/25
Price Change
$1,950,000-2.5%
10/19/25
Listing
$2,000,000
Condition Rating
Fair
Built in 1905, this property's age is significant. While the exterior appears well-maintained, the interior units, particularly the kitchens and bathrooms, show signs of a renovation likely 15-30 years ago. The kitchens feature dated oak cabinets, tile countertops, and older white appliances. Bathrooms similarly have outdated vanities, countertops, and light fixtures. Flooring is a mix of older laminate, tile, and carpet. The property is functional and appears maintained for rental purposes, but requires substantial aesthetic and functional updates to meet current quality standards and appeal, aligning with the 'Fair' condition criteria.
Pros & Cons
Pros
Immediate Income & High Occupancy: The property is a fully occupied 4-unit multifamily investment, ensuring immediate and stable cash flow for an investor.
Prime Glendora Location: Situated on Foothill Boulevard in the heart of Glendora, offering a highly sought-after address within a desirable San Gabriel Valley market.
Exceptional Local Amenities: Benefits from close proximity to Glendora Village, diverse shopping, dining options, reputable schools (Glendora Unified), and convenient public transit.
Significant Value-Add Potential: Offers substantial long-term value-add potential, including the flexibility to restore the charming front house to its original single-family configuration.
Scenic Views: The property boasts desirable views of the hills and mountains, enhancing its appeal to tenants and future buyers.
Cons
Advanced Age of Property: Built in 1905, the property is over a century old, which typically implies a higher likelihood of needing significant maintenance, system updates, or capital expenditures.
Renovation & Modernization Costs: While offering value-add potential, achieving its full potential will likely require substantial investment in renovations and modernization across the units.
Recent Price Adjustment: The property has undergone a recent price reduction, which may suggest initial overpricing or a need for a more competitive market position.