$1,395,000
For Sale

1396 Randy Street

Upland, CA 91786
0.18 acres | #CV24166610
Listing OfficePMI INLAND EMPIRE
Browse 6 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

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 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 today’s 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.

  • Property Details
      • Lot DescriptionStreetLevel
      • Stories2
    • Measurements
      • Acres0.1791
    • Parking
      • Parking Spaces4
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1975
  • Utilities / Energy Details
      • Utility FeaturesElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected, WaterConnected
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountySan Bernardino
  • Financial Details
      • Original List Price$1,500,000
  • Other
      • MLS #CV24166610

Location

Becky BondReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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