52
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$1,395,000
Est. payment /mo
8 Beds
8 Baths
Active
1396 Randy Street Upland, CA 91786
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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
Property Sub-Type Res Income 2-4 Units
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
Location
State CA
County San Bernardino
Zoning Assessor
Direction Between Benson Ave and Mountain Ave south of Arrow Hwy access from N Fairwood way and turn left property will be on a right side
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 1007492060000
Special Listing Condition Probate Sbjct to Overbid
Virtual Tour https://www.wellcomemat.com/video/58nkf7c49acd1ltim/UPL/CA/91786/Randy/CV24166610/
Listed by Samson Debebe PMI INLAND EMPIRE
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