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    1280 W 25th Street

    Upland, CA 91784
    • $2,500,000
    • STATUS: Active
    • ON SITE: 119 days
    • ID#: CV20261216
    UPDATED: 40 min ago
    $2,500,000
    • 0
      BEDS
    • 0.72
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,580
      SQFT
    • $291
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1959
    County:

    School Ratings & Info

    Description

    Opportunity to own rare commercial property in San Antonio Heights neighborhood - We are proud to exclusively present the opportunity to acquire 1280 West 25th Street, a 10 - unit investment opportunity located in the desirable city of Upland, California. Built in 1959, the property is comprised of two buildings and sits on a lot size of 31,500 square feet with a combined building size of 8,580 square feet. The single story property consists all two bedroom/one bathroom floorplans of approximately 850 square feet. The property features carport parking, private patios, drought resistant landscape and on-site laundry that includes one set of owner owned washer and dryer machines. The front two units feature fireplaces and nine of the units have been re-piped with copper and/or flex piping. All of the units have individual hot water heaters and are individually metered for gas and electricity. The property is situated just below the foothills of the San Gabriel Mountains and is surrounded by custom homes that have an average sale price of over seven figures. In addition, the property is in close proximity to local retail, parks, trails, schools and the Colonies Crossroads, which is a super-regional destination shopping center on the I-210 Freeway and is one of Upland's latest projects contributing to the citys positive place for quality business, employment, business expansion and attraction to local economic growth.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-20T17:47:38.397. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Doherty Real Estate Group | eXp Realty of California, Inc.. Licensed in the State of California, USA.
    www.bestorangecountyhomesearch.com/homes/112795953
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    1280 W 25th Street Upland, CA 91784

    • Price: $2,500,000
    • Status: Active
    • Updated: 40 min ago
    • ID#: CV20261216
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.72
    Acres
    8,580
    SQFT
    $291
    $/SQFT
    1959
    Built
    Neighborhood:
    699 - Not Defined
    County:
    San Bernardino
    Area:
    699 - Not Defined
    Property Description
    Opportunity to own rare commercial property in San Antonio Heights neighborhood - We are proud to exclusively present the opportunity to acquire 1280 West 25th Street, a 10 - unit investment opportunity located in the desirable city of Upland, California. Built in 1959, the property is comprised of two buildings and sits on a lot size of 31,500 square feet with a combined building size of 8,580 square feet. The single story property consists all two bedroom/one bathroom floorplans of approximately 850 square feet. The property features carport parking, private patios, drought resistant landscape and on-site laundry that includes one set of owner owned washer and dryer machines. The front two units feature fireplaces and nine of the units have been re-piped with copper and/or flex piping. All of the units have individual hot water heaters and are individually metered for gas and electricity. The property is situated just below the foothills of the San Gabriel Mountains and is surrounded by custom homes that have an average sale price of over seven figures. In addition, the property is in close proximity to local retail, parks, trails, schools and the Colonies Crossroads, which is a super-regional destination shopping center on the I-210 Freeway and is one of Upland's latest projects contributing to the citys positive place for quality business, employment, business expansion and attraction to local economic growth.
    Exterior Features

    Lot Features 6-10 Units/Acre Number Of Separate Electric Meters 11 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Common Walls 2+ Common WallsNo One Above

    Property Features

    Additional Parcels YN No Cap Rate 3.98 Common Interest None Community Features Gutter(S)Rural Electric Expense 700 Fuel Expense 350 Garage YN No Gross Income 152940 Gross Scheduled Income 152940 Insurance Expense 5000 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan Maintenance Expense 7500 Net Operating Income 99542 New Construction YN No New Taxes Expense 27500 Number Of Separate Gas Meters 11 Number Of Separate Water Meters 1 Operating Expense 50610 Pest Control Expense 340 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 2020 Vacancy Allowance Rate 3 Water Sewer Expense 6000 Water Source Public Zoning Rs-10M

    Listing provided courtesy of David Covarrubias of Marcus & Millichap


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-20T17:47:38.397. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Doherty Real Estate Group | eXp Realty of California, Inc.. Licensed in the State of California, USA.
     
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    Doherty Real Estate Group | eXp Realty of California, Inc.
    27101 Puerta Real
    Mission Viejo CA, 92691