889 N Laurel Ave | Upland, CA 91786
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- LoopNet Team
889 N Laurel Ave
Upland, CA 91786
Multifamily Property For Sale
·
18 Units
INVESTMENT HIGHLIGHTS
- 18-unit well-maintained apartment is located in Upland
- Next to the Foothill Commercial corridor
- ± 13,471 SF building situated on a ±22,443 SF lot
- Current cap rate is around 4.44%, rents are below market
- Close to the Historic Downtown Upland and Metro Link station
- Separated meters for electricity and gas, windows A/C
PROPERTY FACTS
| No. Units | 18 | Lot Size | 0.52 AC |
| Property Type | Multifamily | Building Size | 13,471 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1962 |
| Building Class | C | Parking Ratio | 1.19/1,000 SF |
| Zoning | R3 | ||
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.52 AC |
| Building Size | 13,471 SF |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 1.19/1,000 SF |
| Zoning | R3 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 3 | - | 300 - 450 |
| 1+1 | 4 | - | 550 - 650 |
| 2+1 | 6 | - | 700 - 850 |
| 3+2 | 5 | - | 900 - 1,100 |
PROPERTY TAXES
| Parcel Number | 1046-042-01 | Improvements Assessment | $2,892,312 |
| Land Assessment | $936,360 | Total Assessment | $3,828,672 |
PROPERTY TAXES
Parcel Number
1046-042-01
Land Assessment
$936,360
Improvements Assessment
$2,892,312
Total Assessment
$3,828,672
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