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Diego Magdaleno

diego@1visionproperties.com +1(714) 676-7271

$1,299,000

Est. payment - /mo

7,801 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

MLS Listing ID CV25041520

HOA Y/N No

Year Built 1965

Lot Size 7,801 Sqft

Property Sub-Type Quadruplex

Property Description

We are pleased to exclusively present the opportunity to acquire 1424 Springfield St, a 4-unit multi-family investment property located in the city of Upland, California. Constructed in 1965, the property sits on an 7,800 square feet parcel with a building area of 4,028 square feet. The property consists of four spacious two-bedroom / one & half bathroom floor plans with approximately 1,000 square feet per unit. The building offers its tenants one laundry, enclosed garage parking and enclosed patio's in three units. Each unit is individually metered for gas and electricity, with the landlord responsible for water, sewer and trash. During long term ownership, the water lines have been upgraded to copper and each building is equipped with a 100-gallon water heater. The property is located in a prime rental area of Upland, offering both stable cash flow and future upside potential.

Location

State CA

County San Bernardino

Area 690 - Upland

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Sidewalks

Total Parking Spaces 6

Private Pool No

Building

Lot Description 16-20 Units/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 1006522050000

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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Listed by Kevin Struve MARCUS & MILLICHAP kevin.struve@marcusmillichap.com

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1424 Springfield ST Upland, CA 91786