1232 W 11th St, Upland, CA 91786

Property Description

Amazing opportunity to own a 4-unit multifamily income producing property in Upland! This quad-plex is located 1 block south of Foothill Blvd and is near public transportation, schools, parks, shopping and the 10 freeway. The property consists of 3 downstairs units and 1 upstairs unit. All units are leased, and residents take good care of their individual units and premises. The landlord is responsible for water/sewer/trash. The building has an on-site laundry room (equipment is separately vendored), central 100-gallon water heater (2018) for the four units and a privacy gate in front and rear of the property. Built 1964, new pitched composition roof 2018, new full exterior paint, privacy signage, all 2 bed/1.5 bath units, spacious floor plan, 1062 sq ft. (2), 950 sq ft (2), gas wall furnace, ceiling fans, wall A/C, enclosed patio's, fenced area for 3 of the 4 units, separately metered gas/electric, four car garages (each garage shared by 2 tenants) with tenant storage areas, seamless rain gutters, dual pane windows, copper plumbing installed in 2004, beautifully landscaped and well maintained courtyard. The current rents are approximately 20% below market and all the tenants are on month-to-month leases. Identical property located next door at 1226 W. 11th Street, Upland CA is also for Sale. The property is located in a desirable rental area in the City of Upland and the market vacancy is sub-three percent. Please Do Not Disturb the Tenants.