Marcus & Millichap Sells Glendora Property For $14.2 Million With David Covarrubias And Douglas McCauley As Seller's Reps

The property involved in this transaction is the Royal Palms Apartments & Professional Building, situated at 618 W Route 66, Glendora, CA, 91740. This mixed-use property was sold for $14,200,000.00 and encompasses a total area of 43,292 square feet. The building features 28 commercial suites and 48 residential apartments, offering studio and one-bedroom floor plans. Constructed in 1962, it serves both commercial and residential purposes, contributing to the area's market dynamics.

Summary of transaction details:

• Property Type: Mixed-Use
• Transaction Amount: $14,200,000.00
• Address: 618 W Route 66, Glendora, CA, 91740
• Market: Glendora
• Seller's Representative: David Covarrubias, Douglas McCauley - Marcus & Millichap
• Buyer: Undisclosed
• Square Footage: 43,292

Douglas McCauley and David Covarrubias from Marcus & Millichap’s Inland Empire office represented the seller in this transaction. The buyer remains undisclosed, maintaining confidentiality in the sale process. This transaction reflects the activity of a limited liability company in the real estate market.