Prime investment opportunity in one of the most desirable rental areas of Rowland Heights! Rarely available 4-unit property located in a quiet, clean, and highly sought-after neighborhood. Excellent location within short distance to middle and elementary schools, with supermarkets, restaurants, shopping centers, bus stops, and parks all nearby. Convenient access to the 10, 60, and 57 freeways makes commuting easy for tenants and owners alike. This attractive garden condo-style multifamily property features:One spacious 3 Bedroom / 2 Bathroom unit with fireplace, cathedral ceiling, inside laundry hookups, ideal for owner occupancy. Three 2 Bedroom / 1.5 Bathroom units, each unit with its own detached 2-car garage. Plenty of additional street parking, Building with approx. 4,194 SF living area on a large 8,339 SF lot, Built in 1977, Each unit includes private outdoor space, either a patio or deck. Upstairs units feature private decks. All 4 units are fully occupied with long-term tenants. Current rents are below market, offering strong upside potential for future rental income growth. Due to the excellent location, attractive layout, and strong rental demand in Rowland Heights, the property has consistently maintained full occupancy and is easy to manage and maintain. Excellent opportunity for investors or owner-users seeking stable income with future appreciation potential. Multifamily zoning in a prime high-demand rental market makes this a hard-to-find asset.
Rare opportunity to acquire a fully rented, income-producing multi-unit property in one of the San Gabriel Valley's most sought-after rental markets. This well-maintained asset offers immediate cash flow from day one, with all 10 units currently occupied and generating consistent rental income. Ownership has already completed many of the property's most significant capital improvements, helping reduce future maintenance and enhance long-term value. Inquire with the listing agent for further questions. Please kindly do not disturb tenants. Accepted offer needed before viewing can be scheduled.
2030–2040 Sierra Leone Ave presents a rare opportunity to acquire a 10-unit apartment complex in the highly desirable Rowland Heights, CA market. The property consists of two separate parcels: 2030 Sierra Leone Ave (six units) and 2040 Sierra Leone Ave (four units), with 2040 Sierra Leone qualifying for residential financing. The buildings total approximately 8,864 square feet and are situated on a spacious 19,631 square foot lot. Each unit features a 2-bedroom, 1-bathroom layout. All units are individually metered for gas and electricity. Each unit has their own on-site parking (total of 15 carport parking spaces and 3 open parking spaces). The property includes on-site common laundry facilities, offering added convenience for tenants and supplemental income. Recent capital improvements include roof upgrades, copper plumbing, and resurfaced parking areas. Extremely convenient location with easy access to retail stores, restaurants, coffee/tea shops etc.
Rowland Heights is located in California. Rowland Heights, California has a population of 48,765. Rowland Heights is less family-centric than the surrounding county with 26.98% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Rowland Heights, California is $79,476. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Rowland Heights is 42.7 years.
The average high temperature in July is 86.2 degrees, with an average low temperature in January of 45.9 degrees. The average rainfall is approximately 16.1 inches per year, with 0 inches of snow per year.
