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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$1,475,000

Est. payment - /mo

7,766 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR26222911

HOA Y/N No

Year Built 1964

Lot Size 7,766 Sqft

Property Sub-Type Quadruplex

Property Description

Rare opportunity to acquire two adjacent fourplexes (1226 W 11th St and 1232 W 11th St) totaling 8 residential units on two separate parcels with two APNs in Upland, CA. Located just one block south of Foothill Blvd, these properties are being sold together, offering investors the opportunity to expand their multifamily portfolio with two neighboring income-producing assets. Residential financing is available for each property individually. All 8 units feature a desirable 2-bedroom, 1.5-bathroom floor plan. Each unit is separately metered for electricity and gas, while a central 100-gallon water heater services each fourplex. The landlord is responsible for water, sewer, and trash expenses. Both properties offer on-site laundry facilities operated by a third-party laundry company, providing added convenience for tenants. The two laundry rooms also have its own separate gas and electric meters. Additional features include front and rear privacy gates, a sprinkler system in the front and courtyard, and rear alley access for added convenience. Parking includes four garages per fourplex. Tenant storage areas are also provided within the garages. All tenants are currently on month-to-month leases. Three (3) units can be delivered vacant at Close of Escrow.

Location

State CA

County San Bernardino

Area 690 - Upland

Interior

Fireplace No

Laundry Common Area, Laundry Room

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Sidewalks

Total Parking Spaces 6

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 1007211260000

Energy Description 963.0

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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Listed by Donald La EXP REALTY 626-824-8853, DRE #01928418

NEARBY SCHOOL & BUSINESS

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1226 W 11th Upland, CA 91786