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233 S 3rd Ave
Upland, CA 91786
Multifamily Property For Sale
·
5 Units
PROPERTY FACTS
| No. Units | 5 | Lot Size | 0.24 AC |
| Property Type | Multifamily | Building Size | 5,400 SF |
| Property Subtype | No. Stories | 1 | |
| Apartment Style | Garden | Year Built | 1964 |
| Building Class | C | Parking Ratio | 0.92/1,000 SF |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 5,400 SF |
| No. Stories | 1 |
| Year Built | 1964 |
| Parking Ratio | 0.92/1,000 SF |
ABOUT 233 S 3RD AVE , UPLAND, CA 91786
"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.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 1 | $2,195 | 1,800 |
| 2+1 | 4 | $3,150 | 900 |
PROPERTY TAXES
| Parcel Number | 1047-063-17 | Improvements Assessment | $1,029,903 |
| Land Assessment | $473,520 | Total Assessment | $1,503,423 |
PROPERTY TAXES
