233 S 3rd Avenue, Upland, CA 91786

$1,869,000
5,400
SqFt
List Price
$1,869,000
Status
ACTIVE
MLS#
TR19201715
Year Built
1964
Living Sq. Ft
5,400
Lot Size
10,246
Acres
0.2352
Lot Location
Lot 10000-19999 Sqft
Days on Market
28
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Level

Property Description

"Great and Well Maintained Apartments with NO RENT Control and 100 % Occupancy". Located Walking Distance to Old town Upland and the Metro Link Station. The 5 unit property offers the best opportunity for the Investors! The front house is a Single Family Fully Remodeled House with Inside 1,800 Sq. ft. which contains 3 bedrooms and 2 baths, Living Room with Fireplace, Dining Room, Kitchen with Breakfast Counter Top, Central AC/Heating System, Laundry Room with Its Own Driveway by the Front Yard and garage. There is Another Four-Plex behind the Main Front House. The Four-Plex Consist of 4 Units which there Are ALL 2 bedrooms with 1 bath. Two units Downstairs have their own Backyards. Another Two units Upstairs have oversized Balconies in the Back. All of Five units have Dual Panels Windows. The Front House Monthly Rent is $ 2,195 ( Performa is $2,495). Monthly Rent for the Other 3 Units with 2 Bedrooms with 1 Bath is $ 1,600 Per Month Per Unit. The other Monthly Rent for One unit with 2 Bedroom 1 Bath is $ 1,500 Per Month. There are garages for Each one of the 4 units (Front house has its own) and A Laundry Room for Four-Plex Apartment which Generate Additional Income. Total Monthly Gross Rent is $ 8,495, Annual Gross Rent $ 101,940. Annual Expense: $27,292, Annual Net Income: $74,648 . Drive By Only and DO NOT Enter to the Building or Disturb Any Tenants.

Additional Information

Tract Number
904
Lot Description
Suburban
Pool Description
None
Garage Spaces Total
5
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Total Number of Units
5

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Sheng Wang from Century 21 Care

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.