$1,230,000
SOLD JUL 30, 2025

1424 Springfield St Upland, CA 91786

8 Beds
8 Baths
4,028 Sq Ft
7,800 Sq Ft Lot

Recently Sold

$305 Per Sq Ft

12% Below List Price

122 Days on Market

About This Home

As of July 2025

We are pleased to exclusively present the opportunity to acquire 1424 Springfield St, a 4-unit multi-family investment property located in the city of Upland, California. Constructed in 1965, the property sits on an 7,800 square feet parcel with a building area of 4,028 square feet. The property consists of four spacious two-bedroom / one & half bathroom floor plans with approximately 1,000 square feet per unit. The building offers its tenants one laundry, enclosed garage parking and enclosed patio's in three units. Each unit is individually metered for gas and electricity, with the landlord responsible for water, sewer and trash. During long term ownership, the water lines have been upgraded to copper and each building is equipped with a 100-gallon water heater. The property is located in a prime rental area of Upland, offering both stable cash flow and future upside potential.

Last Agent to Sell the Property

Kevin Struve

MARCUS & MILLICHAP Brokerage Email: kevin.struve@marcusmillichap.com License #01266441 Listed on: 02/25/2025

Co-Listed By

Gisele Pinedo

MARCUS & MILLICHAP Brokerage Email: kevin.struve@marcusmillichap.com License #02188347

Last Buyer's Agent

Kevin Struve

MARCUS & MILLICHAP Brokerage Email: kevin.struve@marcusmillichap.com License #01266441 Listed on: 02/25/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 7,800 Sq Ft Lot
  • Two or More Common Walls
  • Density is 16-20 Units/Acre

Parking

  • 2 Open Parking Spaces
  • 4 Car Garage

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 4,028 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 26
  • Tax Tract Number 7086
  • Assessor Parcel Number 1006522050000
  • $409 per year additional tax assessments

Community Details

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $518
  • Insurance Expense $4,029
  • Maintenance Expense $4,000
  • Pest Control $200
  • Trash Expense $1,543
  • Water Sewer Expense $2,426
  • New Taxes Expense $13,767
  • Operating Expense $30,953
  • Gross Income $76,800
  • Net Operating Income $45,643

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2426.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 1006522050000
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 305.36

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Pest Control Expense: 200.00
  • Sewer: Public Sewer
  • Trash Expense: 1543.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 16-20 Units/Acre
  • Lot Size Sq Ft: 7800.00
  • Lot Size Acres: 0.1791

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 1000 Square Feet
  • Electric Expense: 518.00
  • Gross Income: 76800.00
  • Gross Operating Income: 76596.00
  • Gross Scheduled Income: 76800.00
  • Insurance Expense: 4029.00
  • Lot Size Area: 7800.0000 Square Feet
  • Maintenance Expense: 4000.00
  • Net Operating Income: 45643.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 30953.00
  • Rent Control: No
  • Total Actual Rent: 6400.00
  • Total Expenses: 30953.00

Tax Info

  • New Taxes Expense: 13767.00
  • Tax Census Tract: 8.17
  • Tax Lot: 26
  • Tax Tract Number: 7086
  • TaxOtherAnnualAssessmentAmount: 409.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2025
Closed on
Jul 23, 2025
Sold by
Robert W And Mary L Barlow Family Decede and Mary L Barlow Revocable Trust
Bought by
Terravista Llc
Seller's Agent
Kevin Struve
MARCUS & MILLICHAP
Buyer's Agent
Kevin Struve
MARCUS & MILLICHAP
List Price
$1,400,000
Sold Price
$1,230,000
Premium/Discount to List
-$170,000
-12.14%
Views
64
Current Estimated Value
$1,241,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,933
Avg. Annual Appreciation
2.38%
Original Mortgage
$984,000
Outstanding Balance
$981,047
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$260,886

Purchase Details

Closed on
Sep 25, 2019
Sold by
Barlow Mary L
Bought by
Barlow Mary L and Torrence Chris

Purchase Details

Closed on
Sep 11, 2019
Sold by
Barlow Mary L
Bought by
Barlow Mary L and Torrence Chris

Purchase Details

Closed on
May 27, 2014
Sold by
Barlow Mary L
Bought by
The Robert W & Mary L Barlow Family Revo

Purchase Details

Closed on
Oct 1, 2012
Sold by
Barlow Mary L W
Bought by
Barlow Mary L

Purchase Details

Closed on
Oct 8, 2009
Sold by
Barlow Robert W
Bought by
Barlow Robert W and Barlow Mary L

Purchase Details

Closed on
Apr 23, 2003
Sold by
Barlow Robert W
Bought by
The Robert W & Mary L Barlow Family Revo

Purchase Details

Closed on
Aug 9, 1995
Sold by
Barlow Robert W and Barlow Mary L
Bought by
Barlow Robert W and Barlow Mary L

Purchase Details

Closed on
Apr 27, 1994
Sold by
Barlow Robert W
Bought by
Barlow Robert W and Barlow Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.84%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,230,000 Stewart Title Guaranty Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Grant Deed -- Stewart Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $984,000 New Conventional
Previous Owner $150,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2025 07/30/25 Sold $1,230,000 -5.3% $305 / Sq Ft
06/27/2025 06/27/25 Pending -- -- --
06/20/2025 06/20/25 Price Changed $1,299,000 -5.2% $322 / Sq Ft
05/13/2025 05/13/25 Price Changed $1,370,000 -2.1% $340 / Sq Ft
02/25/2025 02/25/25 For Sale $1,400,000 -- $348 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $3,654 $330,929 $65,319 $265,610
2024 $3,654 $324,440 $64,038 $260,402
2023 $3,598 $318,078 $62,782 $255,296
2022 $3,520 $311,841 $61,551 $250,290
2021 $3,514 $305,726 $60,344 $245,382
2020 $3,419 $302,591 $59,725 $242,866
2019 $3,408 $296,658 $58,554 $238,104
2018 $3,326 $290,841 $57,406 $233,435
2017 $3,231 $285,138 $56,280 $228,858
2016 $3,021 $279,547 $55,176 $224,371
2015 $2,952 $275,348 $54,347 $221,001
2014 $2,876 $269,954 $53,282 $216,672
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV25041520

California Regional Multiple Listing Service (CRMLS)

APN: 1006-522-05