$1,500,000
1396 Randy Street Upland, CA 91786
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$1,500,000
Est. payment /mo
8 Beds
8 Baths
7,800 Sqft Lot
UPDATED:
11/10/2024 03:09 AM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV24166610
Bedrooms 8
HOA Y/N No
Lot Size 7,800 Sqft
Property Description
Exceptional Upland 4-Plex Property: A Unique Investment Opportunity In the realm of real estate, finding a property that seamlessly combines practicality with potential is a rare delight. The exceptional Upland 4-plex property stands out as one such opportunity, boasting a unique configuration that caters to a variety of residential needs. With each unit featuring two bedrooms and 1.5 baths. One of the distinguishing features of this 4-plex is its thoughtful design, which includes separate electric and gas meters for each unit. A single central water heater serves the entire building, ensuring efficient operation and reduced maintenance costs. The inclusion of an assigned covered detached parking garage for each unit further adds to the appeal, providing tenants with the security and convenience they desire. The communal coin-operated laundry machine serves as a practical amenity, catering to the needs of all residents while minimizing the space and energy required for individual laundry setups. This communal aspect fosters a sense of community among tenants while promoting an efficient use of resources. Significantly, the property is Section 8 approved, which opens the door to a wider pool of potential tenants. Three of the four units are currently leased, providing immediate rental income for the savvy investor. Meanwhile, the owner occupies the fourth unit, which may be possible for lease back or vacate upon the sale, allowing the new buyer the flexibility to either occupy it or lease it out. Investing in this Upland 4-plex is not merely a financial decision; it is an op
Exceptional Upland 4-Plex Property: A Unique Investment Opportunity In the realm of real estate, finding a property that seamlessly combines practicality with potential is a rare delight. The exceptional Upland 4-plex property stands out as one such opportunity, boasting a unique configuration that caters to a variety of residential needs. With each unit featuring two bedrooms and 1.5 baths. One of the distinguishing features of this 4-plex is its thoughtful design, which includes separate electric and gas meters for each unit. A single central water heater serves the entire building, ensuring efficient operation and reduced maintenance costs. The inclusion of an assigned covered detached parking garage for each unit further adds to the appeal, providing tenants with the security and convenience they desire. The communal coin-operated laundry machine serves as a practical amenity, catering to the needs of all residents while minimizing the space and energy required for individual laundry setups. This communal aspect fosters a sense of community among tenants while promoting an efficient use of resources. Significantly, the property is Section 8 approved, which opens the door to a wider pool of potential tenants. Three of the four units are currently leased, providing immediate rental income for the savvy investor. Meanwhile, the owner occupies the fourth unit, which may be possible for lease back or vacate upon the sale, allowing the new buyer the flexibility to either occupy it or lease it out. Investing in this Upland 4-plex is not merely a financial decision; it is an opportunity to take pride in ownership while contributing positively to the community. In conclusion, the exceptional Upland 4-plex property stands as a testament to thoughtful investment in real estate. With its well-designed units, practical amenities, and the opportunity to generate immediate income it represents a rare find in todays market. As the demand for quality rental properties continues to rise, this 4-plex offers a promising avenue for investors looking to make a meaningful impact while securing their financial future. Whether for personal use or as a rental property, this investment is poised to deliver both immediate and long-term rewards.
Exceptional Upland 4-Plex Property: A Unique Investment Opportunity In the realm of real estate, finding a property that seamlessly combines practicality with potential is a rare delight. The exceptional Upland 4-plex property stands out as one such opportunity, boasting a unique configuration that caters to a variety of residential needs. With each unit featuring two bedrooms and 1.5 baths. One of the distinguishing features of this 4-plex is its thoughtful design, which includes separate electric and gas meters for each unit. A single central water heater serves the entire building, ensuring efficient operation and reduced maintenance costs. The inclusion of an assigned covered detached parking garage for each unit further adds to the appeal, providing tenants with the security and convenience they desire. The communal coin-operated laundry machine serves as a practical amenity, catering to the needs of all residents while minimizing the space and energy required for individual laundry setups. This communal aspect fosters a sense of community among tenants while promoting an efficient use of resources. Significantly, the property is Section 8 approved, which opens the door to a wider pool of potential tenants. Three of the four units are currently leased, providing immediate rental income for the savvy investor. Meanwhile, the owner occupies the fourth unit, which may be possible for lease back or vacate upon the sale, allowing the new buyer the flexibility to either occupy it or lease it out. Investing in this Upland 4-plex is not merely a financial decision; it is an opportunity to take pride in ownership while contributing positively to the community. In conclusion, the exceptional Upland 4-plex property stands as a testament to thoughtful investment in real estate. With its well-designed units, practical amenities, and the opportunity to generate immediate income it represents a rare find in todays market. As the demand for quality rental properties continues to rise, this 4-plex offers a promising avenue for investors looking to make a meaningful impact while securing their financial future. Whether for personal use or as a rental property, this investment is poised to deliver both immediate and long-term rewards.
Location
State CA
County San Bernardino
Area Upland (91786)
Zoning Assessor
Interior
Cooling Wall/Window
Building
Story 2
Lot Size Range 7500-10889 SF
Level or Stories 2 Story
Others
Monthly Total Fees $31
Acceptable Financing Conventional, FHA
Space Rent $2,000
Listing Terms Conventional, FHA
Special Listing Condition Probate Sbjct to Overbid
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Listed by Samson Debebe • PMI INLAND EMPIRE
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "