Excellent investment property with great tenants in good rental standing. Great townhouse style four units, with remodeled in the last four years. Fantastic large living space of 1060s.q. per unit and large 12,285 sq.ft. lot per assessor. Very conveniently located close to freeways, schools, shopping mall, no vacancy in high demand area; good size patio area; separate gas and electricity meters; common washer dryer inside each unit ; one car enclosed garage per unit with roll up doors plus open spaces off the alley as well as street parking; newer single family homes across the street; rents have much room for upward room to increase; property was repainted outside within the last 3 years and has been replumbed with copper plumbing thru out in last year ; property to be sold in its AS-IS present condition with no guarantees or warranties implied or expressed. Drive by ONLY ; all offers are to be subject to interior inspection only; the sale is a 1031 exchange for the sellers at no cost to buyers; information provided is deemed reliable but not guaranteed. Buyers and their agents to verify accuracy of all aspects thru personal independent inspections and professional investigations to satisfy themselves; interior inspection date will be communicated to the buyers' agent upon acceptable offer. PLEASE DO NOT DISTURB TENANTS UNDER ANY CIRCUMSTANCES AND DO NOT STOP TO HAVE ANY CONVERSATION as they are not aware of the sale! Listing agent is one of the sellers.
MOTIVATED SELLERS. We are pleased to present 4484 La Deney Drive, Montclair, CA an exceptional opportunity to acquire a turnkey multifamily asset in a desirable residential neighborhood. The property features an attractive 100% two-bedroom, one-bathroom unit mix and has benefited from over $120,000 in recent capital improvements, providing investors with a low-maintenance asset offering strong in-place income and long-term stability. Current ownership has completed an extensive renovation program throughout the property, including fresh interior and exterior paint, roof maintenance, new flooring throughout all units, brand-new kitchen appliances (including dishwashers), new kitchen and bathroom cabinetry, new countertops, and the installation of washer/dryer hookups in each unit. Additionally, all units are equipped with built-in air conditioning, enhancing tenant comfort and marketability. The property also offers an excellent parking ratio with eight total on-site parking spaces, consisting of four covered carports and four additional uncovered spaces, a highly desirable amenity for tenants. Situated in an established residential neighborhood with convenient access to major employment centers, shopping, dining, schools, and freeways, 4484 La Deney Drive combines quality improvements, a desirable unit mix, and strong cash flow to create an outstanding investment opportunity with immediate income and long-term appreciation potential.
Excellent 6-unit Multifamily Investment Opportunity! Each unit features a desirable 2-bedroom, 1 bath layout, providing strong rental income potential. The property also include 6 -car garage, plus plenty of convenient street parking. Ideally located near Costco and close to shopping, dining and everyday amenities.
Montclair is located in California. Montclair, California has a population of 37,871. Montclair is less family-centric than the surrounding county with 31.62% of the households containing married families with children. The county average for households married with children is 33.94%.
The median household income in Montclair, California is $67,483. The median household income for the surrounding county is $70,287 compared to the national median of $69,021. The median age of people living in Montclair is 32.5 years.
The average high temperature in July is 91.4 degrees, with an average low temperature in January of 42.3 degrees. The average rainfall is approximately 16.8 inches per year, with 0 inches of snow per year.
