We are proud to present an exceptional opportunity to acquire a well-maintained 14 unit multifamily property located at 169 N 13th Avenue in the city of Upland. This ±6,372 SF Building is situated on a generous ±24,000 SF lot. This offering presents a chance to own an asset in Upland, a highly desirable market with signs of population and rental growth. Units feature fully equipped kitchens with oven range, ceiling fans, vertical blinds, wall AC/heating, and stylish plank wood-like flooring throughout. The property boasts mature landscaping with lovely mountain views and ample onsite parking. Situated on the border of Rancho Cucamonga, 169 N 13th Avenue is centrally located just a short distance from the Metrolink Upland Train Station, offering easy access to a wider area. Shopping malls, theaters, restaurants, and trendy shops in both downtown Upland and nearby Rancho Cucamonga cater to diverse needs and provide excellent entertainment options. 169 N 13th Avenue is a premier income-producing asset in the Inland Empire, promising a strong return on investment. Whether you’re a first-time investor seeking to enter the market, a seasoned investor looking to expand your portfolio, or considering a 1031 Exchange, this property offers exceptional stability and long-term value.
You don't want to miss out on an opportunity to own a well maintained 4-Plex in the city of Upland! Consisting of all 2 Bedrooms, 1.5 Baths, each unit has been recently renovated with new vinyl plank floors, new cabinets, granite counter tops and fresh interior paint. Each unit has central AC, separate electric & gas meters and 2 parking spaces. The roof and exterior paint are 5 years old with new new dual paned windows. Communal coin operated laundry machines brings in extra income. Current monthly rental income is $9477 per month with 100% occupancy and is Section 8 approved!
*Location*Location*Location* See this Desirable Investment Opportunity in an Excellent Residential Neighborhood. This 7-unit property on a 1/2 acre lot has plenty of parking and is well maintained. The property has been recently upgraded throughout and the owner has made substantial significant improvements. New roof and remodeled units. The property has easy access to the freeways and is close to all the restaurants, grocery stores, parks and local schools. Property is legal non-conforming 7 units and permitted for 5.
Courtesy: KELLER WILLIAMS EMPIRE ESTATES
Actual rent is $113,040/yr. Great location with huge lot. Rent is below market can be increased in this month. All 2 bedrooms and 1 bathroom. Big lot may build additional ADU or units. The buyer must verify with City. Convenient location closed shopping center, school, freeway and supermarket. Built in 1979. Each unit has 1 car garage with 1 parking space. No local rent control.
Upland is located in California. Upland, California has a population of 76,155. Upland is less family-centric than the surrounding county with 30.2% of the households containing married families with children. The county average for households married with children is 35.18%.
The median household income in Upland, California is $65,349. The median household income for the surrounding county is $57,156 compared to the national median of $57,652. The median age of people living in Upland is 38.5 years.
The average high temperature in July is 92.2 degrees, with an average low temperature in January of 43.8 degrees. The average rainfall is approximately 21.6 inches per year, with 0 inches of snow per year.
