1396 Randy St Upland, CA 91786
Estimated payment $8,371/month
Highlights
- Cooling System Mounted To A Wall/Window
- Laundry Room
- Level Lot
- Upland High School Rated A-
- Wood Fence
About This Home
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.
Listing Agent
PMI INLAND EMPIRE Brokerage Phone: 909-527-4440 License #01490045 Listed on: 09/07/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,002
Year Built
- Built in 1975
Lot Details
- 7,800 Sq Ft Lot
- 1 Common Wall
- Wood Fence
- Level Lot
Parking
- 4 Car Garage
- Parking Available
- Rear-Facing Garage
- Single Garage Door
Home Design
- Quadruplex
Interior Spaces
- 4,028 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Bathrooms
Outdoor Features
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Natural Gas Connected
- Phone Available
Listing and Financial Details
- Tax Lot 42
- Tax Tract Number 6783
- Assessor Parcel Number 1007492060000
- $382 per year additional tax assessments
- Seller Considering Concessions
Community Details
Building Details
- 4 Leased Units
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $692
- Fuel Expense $1,133
- Gardener Expense $720
- Insurance Expense $3,912
- Trash Expense $1,556
- Water Sewer Expense $2,370
- Security Expense $450
- New Taxes Expense $12,555
- Operating Expense $23,543
- Gross Income $94,320
- Net Operating Income $73,417
Additional Features
- 4 Units
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $8,002 | $755,110 | $255,077 | $500,033 |
2024 | $8,002 | $740,303 | $250,075 | $490,228 |
2023 | $3,028 | $271,577 | $75,343 | $196,234 |
2022 | $2,961 | $266,252 | $73,866 | $192,386 |
2021 | $2,953 | $261,032 | $72,418 | $188,614 |
2020 | $2,873 | $258,355 | $71,675 | $186,680 |
2019 | $2,862 | $253,290 | $70,270 | $183,020 |
2018 | $2,793 | $248,323 | $68,892 | $179,431 |
2017 | $2,711 | $243,454 | $67,541 | $175,913 |
2016 | $2,506 | $238,681 | $66,217 | $172,464 |
2015 | $2,448 | $235,095 | $65,222 | $169,873 |
2014 | $2,384 | $230,489 | $63,944 | $166,545 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
11/21/2024 11/21/24 | Price Changed | $1,395,000 | -7.0% | $346 / Sq Ft |
09/07/2024 09/07/24 | For Sale | $1,500,000 | -- | $372 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Quit Claim Deed | -- | None Listed On Document | |
Interfamily Deed Transfer | -- | Fidelity National Title | |
Grant Deed | $180,772 | First American Title Ins Co |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $61,300 | Credit Line Revolving | |
Previous Owner | $42,500 | Credit Line Revolving | |
Previous Owner | $595,000 | Unknown | |
Previous Owner | $225,600 | Credit Line Revolving | |
Previous Owner | $126,000 | Credit Line Revolving | |
Previous Owner | $100,000 | Credit Line Revolving | |
Previous Owner | $100,000 | Credit Line Revolving | |
Previous Owner | $276,000 | No Value Available | |
Previous Owner | $35,000 | Credit Line Revolving | |
Previous Owner | $62,581 | Unknown | |
Previous Owner | $35,000 | Stand Alone Second | |
Previous Owner | $175,767 | FHA |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV24166610

APN: 1007-492-06
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