2460 Forman St, Upland, CA 91784

Property Description

Four units in a gorgeous area near upscale estate style homes and just steps to San Antonio Park in Upland. This exquisite opportunity for either a four unit rental, or live in one and rent the others is a rare opportunity in this area. All units are two bedroom with one bath. The largest unit is 1,135 square feet, and the others are approximately 950 square feet, and two units at approximately 860 square feet each. Each unit is outfitted with a kitchen and has access to laundry. Addresses are 2460, 2466, 2468, and 2470 Forman St. 2460 has a one car garage. 2466 has a carport, 2470 has an enclosed carport, and 2468 has dedicated parking space. The property is enormous for the area at 31,185. The potential for redevelopment is also tremendous. As mentioned, this area is well developed with fine estate style homes so a grand design of a primary residence would be great in this location. Current owner has remodeled three of the units within the last couple of years. One unit got a new furnace installed in Feb 2024, and another had a furnace repair at the same time. Units are under lease through July, August, and October of 2024, and one went month to month in October of 2023. Rents are $1,400 (one unit), and $1,600 (three units). Property is currently under professional management.