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1151 Turnbull Canyon Rd
Hacienda Heights, CA 91745
Turnbull Canyon Apartments · Multifamily Property For Sale
·
40 Units
Investment Highlights
- First Time on the Market in Over 25 Years
- Upgraded Property with Majority 2-Bedroom Units
- Value-Add Opportunity with 40% Upside in Rental Income
- 5.2% Cap Rate on Current Income & 8.3% on Market
- Gated Community with Almost 2:1 Parking Ratio
- New Roof, LED Lighting, Dual Pane Windows, Maj. Copper Plumbing
Property Facts
| No. Units | 40 | Lot Size | 1.37 AC |
| Property Type | Multifamily | Building Size | 28,356 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1965 |
| Building Class | C | ||
| Zoning | R3 - Limited Multiple Residence | ||
| No. Units | 40 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.37 AC |
| Building Size | 28,356 SF |
| No. Stories | 2 |
| Year Built | 1965 |
| Zoning | R3 - Limited Multiple Residence |
Amenities
Unit Amenities
- Kitchen
- Tub/Shower
Site Amenities
- 24 Hour Access
- Pool
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 16 | $1,477 | 600 |
| 2+1 | 24 | $1,882 | 780 |
Property Taxes
| Parcel Number | 8217-032-028 | Improvements Assessment | $2,804,661 |
| Land Assessment | $526,743 | Total Assessment | $3,331,404 |
Property Taxes
Parcel Number
8217-032-028
Land Assessment
$526,743
Improvements Assessment
$2,804,661
Total Assessment
$3,331,404
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