520 N 1st Ave - Apartments FOR SALE


Upland, CA 91786 | 
$859,000 USD
626-967-2486
520 N 1st Ave, Upland, CA for Sale
$859,000 USD
Apartments - FOR SALE
1/33
null | 5.85% Cap Rate

520 N 1st Ave
Upland, CA 91786


HIGHLIGHTS

  • Freshly painted Exterior
  • Historical Designation - potential Property tax reduction
  • Fully Occupied

OVERVIEW

Discover the character and charm of Upland’s Historic District with this delightful triplex featuring three cute bungalow-style units, thoughtful updates, and excellent rental appeal. Each unit blends vintage charm with modern conveniences, including granite countertops, luxury vinyl tile (LVT) flooring, and updated appliances. The property also offers garage parking, an increasingly desirable feature for tenants. The freshly painted & well-maintained exterior showcases classic bungalow architecture, inviting covered porches, mature landscaping, and beautifully established hedges that add to the property’s curb appeal. Located in a desirable historic neighborhood, this triplex offers a unique opportunity to own an income-producing property with a significant property tax credit - buyer to verify. Front unit features a 2 bedroom, 1 bath with central air. Units B & C are 1 bed, 1 bath units with wall A/C units. Each unit has a stackable laundry unit. Garage has three spaces each with their own opener. This opportunity to start or expand your investment portfolio with long-term rental potential, this charming Upland triplex is for you.

FOR SALE DETAILS

PRICE

$859,000 USD

PRICE/SF

$512 USD /SF

# OF UNITS

3

PRICE/UNIT

$286,333

CAP RATE

5.85%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Charming Historic District Triplex in Upland

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1901

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

-

APN/PARCEL ID

1046-252-02

ASK ABOUT THIS PROPERTY

Lauren DavisMark Andersen & AssociatesMore Info
626-967-2486

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Lauren DavisMark Andersen & AssociatesMore Info
626-967-2486

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.