$1,342,000
$1,250,000
7.4%For more information regarding the value of a property, please contact us for a free consultation.
0.35 Acres Lot
SOLD DATE : 05/28/2014
Key Details
Sold Price $1,342,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV13250965
Sold Date 05/28/14
Construction Status Updated/Remodeled,Turnkey
HOA Y/N No
Year Built 1978
Tax Year 2012
Lot Size 0.348 Acres
Property Description
Great Income + No Deferred Maintenance =Excellent Investment Property! This 8 Unit apartment building is in immaculate condition. Each unit is town home-style with the Livingroom / Kitchen / and half bath downstairs, and two bedrooms and one full bathroom upstairs. Each unit has its own private patio area with backdoor entry and carport parking. There is also a laundry facility on the premises. The property is attractively gated with stylish wrought iron gates with block accents. Copper Plumbing, Forced Heat and Air, individually metered for electricity and gas, laundry facility in each building, Professionally managed.
Cap rate is based on current rents but there is room for additional $200/month rent increase.
ABSOLUTELY DO NOT DISTURB THE TENANTS. Please request current rent roll and Income statement.
Location
State CA
County San Bernardino
Area 690 - Upland
Interior
Interior Features Block Walls, All Bedrooms Up
Heating Central
Cooling Central Air
Flooring Carpet
Fireplaces Type None
Fireplace No
Appliance Built-In Range
Laundry See Remarks
Exterior
Carport Spaces 8
Fence Block, Wrought Iron
Pool None
Community Features Foothills, Suburban, Sidewalks, Gated
Utilities Available Sewer Connected
View Y/N Yes
View Courtyard, Neighborhood
Roof Type Composition
Total Parking Spaces 8
Private Pool No
Building
Lot Description 11-15 Units/Acre
Story Two
Entry Level Two
Water Public
Level or Stories Two
Construction Status Updated/Remodeled,Turnkey
Others
Tax ID 1007224090000
Security Features Gated Community
Acceptable Financing Submit
Listing Terms Submit
Financing Conventional
Special Listing Condition Standard
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Bought with GURJEET BHATIA • MGR REAL ESTATE
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
4016 Grand Ave Suite A # 1082, Chino, CA, 91710, United States