$ 1,395,000
1396 Randy Street Upland, CA 91786
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Samson Debebe • PMI INLAND EMPIRE
$ 1,395,000
Est. payment /mo
Price Dropped by $105K
1396 Randy Street Upland, CA 91786
4,028 SqFt
UPDATED:
11/22/2024 03:21 PM
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,028 sqft
Price per Sqft $346
MLS Listing ID CV-24166610
Year Built 1975
Lot Size 7,800 Sqft
Property Description
Exceptional Upland 4-Plex Property: A Unique Investment Opportunity In the realm of real estate, finding a property that seamlessly combines practicality with potential is a rare delight. The exceptional Upland 4-plex property stands out as one such opportunity, boasting a unique configuration that caters to a variety of residential needs. With each unit featuring two bedrooms and 1.5 baths. One of the distinguishing features of this 4-plex is its thoughtful design, which includes separate electric and gas meters for each unit. A single central water heater serves the entire building, ensuring efficient operation and reduced maintenance costs. The inclusion of an assigned covered detached parking garage for each unit further adds to the appeal, providing tenants with the security and convenience they desire. The communal coin-operated laundry machine serves as a practical amenity, catering to the needs of all residents while minimizing the space and energy required for individual laundry setups. This communal aspect fosters a sense of community among tenants while promoting an efficient use of resources. Significantly, the property is Section 8 approved, which opens the door to a wider pool of potential tenants. Three of the four units are currently leased, providing immediate rental income for the savvy investor. Meanwhile, the owner occupies the fourth unit, which may be possible for lease back or vacate upon the sale, allowing the new buyer the flexibility to either occupy it or lease it out. Investing in this Upland 4-plex is not merely a financial decision; it is an opportunity to take pride in ownership while contributing positively to the community. In conclusion, the exceptional Upland 4-plex property stands as a testament to thoughtful investment in real estate. With its well-designed units, practical amenities, and the opportunity to generate immediate income it represents a rare find in today's market. As the demand for quality rental properties continues to rise, this 4-plex offers a promising avenue for investors looking to make a meaningful impact while securing their financial future. Whether for personal use or as a rental property, this investment is poised to deliver both immediate and long-term rewards.
Location
State CA
County San Bernardino
Zoning RM
Interior
Cooling Wall/Window Unit(s)
Laundry Common Area
Exterior
Garage Garage - Single Door, Garage Faces Rear
Garage Spaces 4.0
Pool None
Community Features Street Lights
Utilities Available Sewer Connected, Water Connected, Electricity Connected, Natural Gas Connected, Phone Available
Building
Lot Description Level with Street
Sewer Public Sewer