CA > Upland
Upland, CA 91786,120 N 13th Avenue
Upland, CA 91786,120 N 13th Avenue
Upland, CA 91786,120 N 13th Avenue
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$3,100,000
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8 Beds
0.38 Acres Lot
Active

120 N 13th Avenue Upland, CA 91786

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Kurt Wannebo

Kurt Wannebo

+1(858) 405-5878

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR25232778

Bedrooms 8

Lot Size 0.375 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

6.28% Cap Rate Strong Cash Flow with Approx. $240,000 Annual Gross Income Exceptional investment opportunity in the highly desirable city of Upland! Built in 1986, this well-maintained two-story, 9-unit multifamily property offers a strong mix of spacious two-bedroom unitsincluding six townhome-style units with 1.5 baths( 3- townhome style unit has private patio) and three upper-level units with 1 bath. Each residence is equipped with central AC and a dedicated 1-car garage for added convenience. Residents enjoy onsite laundry facilities and 10 additional surface parking spaces, for a total of 19 parking spots. All units are separately metered for gas and electricity, with water being master-metered. The property is fully occupied with long-term, reliable tenants and strong in-place rents, generating approximately $240,000 in annual gross income and offering a 6.28% cap rate with low operating expenses. Situated in a prime location near schools, shopping, historic Downtown Upland, and public transit, this asset presents stable cash flow and long-term appreciation potential. Drive-by onlyplease do not disturb tenants. Property to be sold AS IS, with interior access granted upon an accepted offer. Seller did improvements include: roof, AC units, and water heaters.

Location

State CA

County San Bernardino

Zoning Assessor

Direction E. Of Euclid Ave; S of Foothill Blvd

Interior

Cooling Central Forced Air

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 1046532140000

MLS Router / San Diego MLS
Listed by Margaret Sun Berkshire Hathaway Home Service

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Kurt Wannebo

Kurt Wannebo

Broker Associate | CA Dre# 01468255

+1(858) 405-5878

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120 N 13th Avenue

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