312 E Lemon Avenue, Glendora, California 91741, Glendora, 91741 - 0 bed, 0 bath
Loading property details...
Glendora, California 91741
This Glendora triplex represents a High-Potential Investment Opportunity, listed at a List Price of $1,100,000—positioned well below the $1,110,533 Fair Market Value by 0.95%. This valuation gap offers $10,533 in Instant Equity. With a Condition Rating of 4, the property features a One-Level Layout and Ample Parking for every unit. While the interiors offer significant rental income growth potential, the asset is best suited for Buy-and-Hold Investors or Owner-Occupants looking to leverage a stable, income-producing property in a desirable neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 312 E Lemon Avenue Subject | $1,049,000* List Price | 0 | 0 | 2,400 | $448 | - |
A 304 S Minnesota Active | $1,277,000 List Price | 5 | 5 | 2,700 | $473 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1972 (54 years old), the property is functional and well-maintained externally with a clean facade and newer-looking roof. However, the description 'updated over the years' and 'potential for rental growth' typically indicates dated interiors and systems that are past their prime but still operational, fitting the criteria for a property needing minor updates.
As a triplex in a desirable Glendora neighborhood with units that have been updated over time, there is significant upside potential to increase rents to current market rates.
The property features a rare 1-car garage for every unit plus two additional parking spaces, providing a competitive advantage in the rental market where parking is often limited.
The one-level construction with dedicated front and backyards offers a low-maintenance footprint and a single-family home feel that appeals to long-term tenants.
With two of the three units being 1-bedroom configurations, the property may see higher turnover and lower rent ceilings compared to units with more bedrooms that attract families.
Built in 1972, the property may require significant capital expenditure for long-term maintenance of major systems like plumbing and electrical, despite cosmetic updates.
One-Level Glendora Triplex with a front and backyard. This triplex features two 1 bedroom, 1 bathroom units and one 2 bedroom, 1 bathroom unit. Each unit has a 1-car garage and 2 parking spaces on the property. These units have been updated over the years and have a lot of potential for rental income growth.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 2,400 | - |
| Lot Size | 10,596 | - |
| Price | $1.05M | $1.57M |
| Price per sq ft | $437 | $351 |
| Built year | 1972 | 0 |
| HOA | $0 | $0 |
| Days on market | 27 | 74 |
Jul 12, 2026
$1,049,000
$1,100,000
-5% Price Drop
Initial Listing
Jun 25, 2026
$1,100,000
Initial Listing
Oct 4, 2002
$369,000
Public Record