For Sale, USD 3,100,000
120 N 13th Avenue, Upland CA 91786, Upland, California, United States
Property Type : Multi-Family Home
Property Style : N/A
Build Size : 8,105 ft² / 753 m²
Land Size : N/A
Bedroom : 0
Bathroom : 0
Half Bathroom : 0
MLS#: N/A
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 units - including six townhome-style units with 1.5 baths 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 only - please 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.
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120 N 13th Avenue, Upland CA 91786, United States,California,Upland is a 8,105ft² Upland luxury Multi-Family Home listed for sale USD 3,100,000. This high end Upland Multi-Family Home is comprised of 0 bedrooms and 0 baths. Find more luxury properties in Upland or search for luxury properties for sale in Upland.