357 Amber Ct Upland, CA 91786
Upland AreaEstimated payment $9,560/month
About This Home
We are pleased to exclusively present the Amber Court Apartments, a five-unit multifamily investment opportunity located at 357 Amber Court in Upland, California.Built in 1962, the property is situated on a 0.234-acre corner lot and consists of approximately 5,493 building square feet. The unit mix includes four two-bedroom / one-and-a-half-bathroom townhome-style units, each approximately 1,100 square feet, and one single-level two-bedroom / two-bathroom unit of similar size. Each unit is equipped with washer and dryer hookups, central gas heating, wall-mounted air conditioning units, electric stove and oven, electric water heater, and a private enclosed patio. The property is individually metered for gas and electricity, with ownership responsible for water, sewer, and trash. With current rents estimated to be approximately 35% below market, the property presents a strong value-add opportunity for an investor seeking to reposition the asset and capture rental upside. Additionally, the offering includes the opportunity to implement annual rental increases in accordance with AB 1482, as the last rent increase occurred in 2024.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,440
Year Built
- Built in 1962
Lot Details
- 10,018 Sq Ft Lot
- Two or More Common Walls
- Density is 16-20 Units/Acre
Parking
- 2 Car Garage
- 4 Carport Spaces
- Parking Available
- Assigned Parking
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 5,493 Sq Ft Home
- 2-Story Property
- Washer and Gas Dryer Hookup
Bedrooms and Bathrooms
- 10 Bedrooms
- 10 Bathrooms
Listing and Financial Details
- Tax Lot 3
- Tax Tract Number 6361
- Assessor Parcel Number 1046044040000
- $230 per year additional tax assessments
Community Details
Building Details
- 5 Leased Units
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,200
- Insurance Expense $4,011
- Maintenance Expense $6,000
- Trash Expense $2,328
- Water Sewer Expense $3,106
- New Taxes Expense $15,830
- Operating Expense $32,863
- Gross Income $86,280
- Net Operating Income $53,417
Additional Features
- 5 Units
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/10/2026 07/10/26 | Price Changed | $1,475,000 | -4.8% | $269 / Sq Ft |
| 06/03/2026 06/03/26 | Price Changed | $1,550,000 | -4.6% | $282 / Sq Ft |
| 05/15/2026 05/15/26 | For Sale | $1,625,000 | -- | $296 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV26106337
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Ask me questions while you tour the home.