$945,000
$50K PRICE DROP

558 E 9th St Unit B Upland, CA 91786

Estimated payment $5,448/month

Total Views 6,701
4 Beds
3 Baths
2,057 Sq Ft
$459 Price per Sq Ft

Highlights

  • No HOA
  • Upland High School Rated A-
  • Laundry Room

About This Home

We are pleased to exclusively present a charming triplexinvestment opportunity located just a few blocks from historic downtown Upland, California. This propertyconsists of three separate structures, with a two-bedroom, one-bath single-family residence (SFR) in thefront and two one-bedroom, one-bath units in the rear, offering a diverse tenant mix. The rear one-bedroomunit includes a 2-car garage, providing additional value and convenience for tenants. The property spans±2,057 square feet of living space across a ±0.22-acre lot.Located in a AAA rental location, the property is just a few blocks from historic Downtown Upland, providingtenants with easy access to shopping, dining, and entertainment. Each unit is individually metered for gasand electricity, with each unit having its own individual water heater. Additionally, all units are equippedwith laundry hookups, adding convenience for tenants.This is a great opportunity for investors seeking a stabilized asset with market rents in a sought-afterlocation. The property offers strong rental income and stable cash flow in a desirable area with long-terminvestment potential.Please do not Disturb Tenants, Walk and/or Talk to Anyone at the Property.For Further Information, Please Contact the Listing Agents.

Listing Agent

Kevin Struve

MARCUS & MILLICHAP Brokerage Email: kevin.struve@marcusmillichap.com License #01266441 Listed on: 05/14/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,447

Year Built

  • Built in 1905

Lot Details

  • 9,750 Sq Ft Lot
  • Two or More Common Walls
  • Density is 11-15 Units/Acre

Parking

  • 3 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Triplex

Interior Spaces

  • 2,057 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Listing and Financial Details

  • Legal Lot and Block 1 / 44
  • Tax Tract Number 9
  • Assessor Parcel Number 1046582090000
  • $356 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $1,107
  • Maintenance Expense $3,000
  • Trash Expense $2,338
  • Water Sewer Expense $2,908
  • New Taxes Expense $10,015
  • Operating Expense $20,868
  • Gross Income $63,648
  • Net Operating Income $40,871

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,447

Year Built

Built in 1905

Lot Details

0

Parking

2

Listing Details

  • CapRate: 4.32
  • Price Per Unit: 315000
  • Property Attached: Yes
  • Water Sewer Expenses: 2908.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 1046582090000
  • Year Built: 1905
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: Front
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 459.41

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 2338.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 9750.00
  • Lot Size Acres: 0.2238

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 63648.00
  • Gross Multiplier: 14.85
  • Gross Scheduled Income: 63648.00
  • Insurance Expense: 1107.00
  • Lot Size Area: 9750.0000 Square Feet
  • Maintenance Expense: 3000.00
  • Net Operating Income: 40871.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 20868.00
  • Rent Control: No
  • Total Expenses: 20868.00

Tax Info

  • New Taxes Expense: 10015.00
  • Tax Block: 44
  • Tax Census Tract: 9.03
  • Tax Lot: 1
  • Tax Tract Number: 9.03
  • TaxOtherAnnualAssessmentAmount: 356.00

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

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
2024 $2,447 $209,121 $73,700 $135,421
2023 $2,408 $205,021 $72,255 $132,766
2022 $2,356 $201,001 $70,838 $130,163
2021 $2,349 $197,060 $69,449 $127,611
2020 $2,286 $195,040 $68,737 $126,303
2019 $2,279 $191,215 $67,389 $123,826
2018 $2,226 $187,466 $66,068 $121,398
2017 $2,162 $183,791 $64,773 $119,018
2016 $1,952 $180,187 $63,503 $116,684
2015 $1,907 $177,480 $62,549 $114,931
2014 $1,859 $174,004 $61,324 $112,680
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2025 06/11/25 Price Changed $945,000 -5.0% $459 / Sq Ft
05/14/2025 05/14/25 For Sale $995,000 -- $484 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Grant Deed -- First American Title
Grant Deed -- --
Grant Deed -- --
Interfamily Deed Transfer -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $108,000 Stand Alone First
Previous Owner $110,000 No Value Available
Source: Public Records

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    Kevin Struve MARCUS & MILLICHAP

    Section Image

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV25107582

California Regional Multiple Listing Service (CRMLS)

APN: 1046-582-09