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284 Garnet Way, Upland, CA

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284 Garnet Way

Upland, CA 91786-5935 - Outer Ontario/Rancho Cucamonga MF Submarket

Property Type:Multi-Family Number of Units:5 Status:Existing Year Built:1960
Stories:2 Building Size:3,935 SF Land Area:.22 AC (9,496 SF)
For Sale Price:$837,000 Price/Unit:$167,400.00 Cap Rate:4.94 % GRM:-

Parking:1.27 Parking Spaces / 1,000 SF

Property Description: Multi Family - 5 Units

Sale Notes:
This five-unit investment offering is located in the city of Upland. This property consists of four two-bedroom units and one three bedroom unit. The property has been well maintained and offers on-site laundry facility, Five Carport parking spaces, pool with new security gate and covered walkway connecting the two structures. The building is individually metered for gas and electricity.
The Garnet Way Apartment is located just west of Euclid Ave in Upland, California. Nearby cities include Ontario, Rancho Cucamonga and Claremont. Notable locations near the subject property include Upland Metro Link Station (1.9 miles), Ontario Airport (4.7 miles), Chaffey High School (1.83 miles), Chaffey College (8.0 miles), Interstate 10 (4.1 miles), California State Route 60 ( 5.1 miles), Interstate 210 (6.7 miles), Citizen Bank Arena (6.5 miles), Ontario Convention Center (6.1 miles) and Ontario Mills (7.6 miles). Long-time tenants with significant rental upside potential; Non-rent controlled investment. This rare multi-family asset provides an investor ease of management; minimal repair and maintenance and the opportunity to acquire limited asset type in the city of Upland.

Investment Capital Real Estate, Inc.
Ignacio Diaz
(949) 201-8817

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