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$ 1,250,000
Est. payment /mo
New
457 W Alpine Upland, CA 91786
8 Beds
4 Baths
7,480 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV26112498
Bedrooms 8
Lot Size 7,480 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
We are pleased to present the opportunity to acquire a four-unit multifamily investment property located at 457 Alpine Street in Upland, California. Situated on a quiet tree-lined cul-de-sac street, the property offers investors the opportunity to acquire a well-located apartment asset within one of the Inland Empires most desirable rental markets. The property consists of approximately 3,456 square feet of rentable building area situated on a 0.17-acre RM-20 zoned lot. The two-story fourplex features a desirable unit mix consisting entirely of two-bedroom / one-bathroom units. The property offers four covered carport parking spaces and two additional open parking spaces, along with ample street parking availability. Additional property amenities include an onsite laundry room, central heating, wall-mounted air conditioning units, and a shaded courtyard area that enhances the tenant experience. Ownership currently pays for water, sewer, trash, and gas utilities. The property benefits from a highly desirable Upland location just blocks from Downtown Upland, offering tenants convenient access to a variety of restaurants, retail, entertainment, and neighborhood services. The asset is also located near Upland High School and provides convenient connectivity to surrounding employment centers and major transportation corridors throughout the Inland Empire and San Gabriel Valley. Additionally, the property is not subject to local city rent control and is governed only by Californias statewide rent control regulations under AB 1482. Overall, the offering represents an opportunity t
Location
State CA
County San Bernardino
Zoning Public Rec
Direction From North Palm Avenue, turn onto Alpine Street. The property is located on the north side of the street.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 1046341250000
Acceptable Financing Cash, Exchange
Listing Terms Cash, Exchange
Listed by Gisele Pinedo, DRE#02188347 MARCUS & MILLICHAP
NEARBY SCHOOL & BUSINESS