$1,670,000

424 W 7th St Upland, CA 91786

Estimated payment $10,429/month

Total Views 29,144
7 Beds
8 Baths
4,270 Sq Ft
$391 Price per Sq Ft

Highlights

  • 0.53 Acre Lot
  • Upland High School Rated A-
  • Laundry Room

About This Home

*Location*Location*Location* See this Desirable Investment Opportunity in an Excellent Residential Neighborhood. This 7-unit property on a 1/2 acre lot has plenty of parking and is well maintained. The property has been recently upgraded throughout and the owner has made substantial significant improvements. Newer roof and remodeled units. The property has easy access to the freeways and is close to all the restaurants, grocery stores, parks and local schools. Property is legal non-conforming 7 units and permitted for 5.

Listing Agent

Michael Flanagan

MARSHALL FUNDING GROUP Brokerage Phone: 626-695-2538 License #01068661 Listed on: 03/14/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1908

Lot Details

  • 0.53 Acre Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Property Attached
  • Entry on the 2nd floor

Interior Spaces

  • 4,270 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 8 Bathrooms

Listing and Financial Details

  • Tax Lot 693
  • Tax Tract Number 1
  • Assessor Parcel Number 1047272290000
  • $953 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • 2 Buildings
  • 7 Units

Amenities

  • Laundry Facilities

Building Details

  • 7 Leased Units
  • 5 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $3,876
  • Fuel Expense $2,579
  • Gardener Expense $1,800
  • Insurance Expense $4,050
  • Trash Expense $2,581
  • Water Sewer Expense $3,860
  • Operating Expense $18,746
  • Gross Income $134,000
  • Net Operating Income $115,254

Property Details

Home Type

Multi-Family

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 3860.00
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Gardener Expense: 1800.00
  • Parcel Number: 1047272290000
  • Year Built: 1908
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Entry Level: 2
  • Levels: Two
  • Price Per Square Foot: 391.10

Exterior Features

  • Pool Private: No
  • Spa: No

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 2581.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 23300.00
  • Lot Size Acres: 0.5349

Multi Family

  • Electric Expense: 3876.00
  • Fuel Expense: 2579.00
  • Gross Income: 134000.00
  • Gross Operating Income: 134000.00
  • Gross Scheduled Income: 134000.00
  • Insurance Expense: 4050.00
  • Lot Size Area: 23300.0000 Square Feet
  • Net Operating Income: 115254.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 7
  • Number Of Units Total: 7
  • Operating Expense: 18746.00
  • Rent Control: No
  • Total Actual Rent: 11225.00
  • Total Expenses: 18746.00

Tax Info

  • Tax Census Tract: 8.26
  • Tax Lot: 693
  • Tax Tract: 5487
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 953.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/14/2025 03/14/25 For Sale $1,670,000 +65.3% $391 / Sq Ft
02/16/2018 02/16/18 Sold $1,010,000 -15.8% $118 / Sq Ft View Prior Sale
01/12/2018 01/12/18 Pending -- -- --
03/06/2017 03/06/17 For Sale $1,200,000 -- $141 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV25057007

California Regional Multiple Listing Service (CRMLS)

APN: 1047-272-29

California San Bernardino County Upland 91786

424 W 7th St, Upland, CA

For Sale

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Listing Agent
Michael Flanagan
Section Image
MARSHALL FUNDING GROUP
(909) 326-6069