$2,100,000
$200K PRICE DROP

581 N Euclid Ave Upland, CA 91786

Estimated payment $13,754/month

Total Views 6,772
4 Beds
3 Baths
4,638 Sq Ft
$453 Price per Sq Ft

Highlights

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

About This Home

We are pleased to exclusively present a unique investment opportunity located at 581 N Euclid Ave in Upland, California. This historic, stone-exterior building, built in 1927,is registered as a historic property, offering both charm and character. The property consists of 5 separatebuildings and provides a total of 4,638 square feet of living space, set on a 9,916-square-foot lot.The property is made up of 6 one-bedroom, one-bath units and 1 three-bedroom, one-and-a-half-bathtownhome-style unit, catering to a variety of tenant needs. Each unit is individually metered for gas andelectricity, with each unit also having its own water heater. Several of the units have received interiorupgrades throughout the years. The property also has a utility bill-back system in place.Tenants enjoy on-site laundry and on-site parking. The water lines were replaced to ensure long-termreliability. The property is located in a quiet community, offering a stable environment for tenants.Additionally, it is just 0.5 miles away from historic downtown Upland, providing easy access to localshops, restaurants, and amenities.This is an excellent opportunity for an investor looking for a stabilized asset with market rents in a primelocation. Given its historic value, recent upgrades, and steady cash flow, this property presents a reliableinvestment with long-term stability.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

Year Built

  • Built in 1927

Lot Details

  • 9,916 Sq Ft Lot
  • Two or More Common Walls
  • Density is 16-20 Units/Acre

Home Design

  • Apartment

Interior Spaces

  • 4,638 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 7 Open Parking Spaces
  • 7 Parking Spaces

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 8
  • Assessor Parcel Number 1046282150000
  • $460 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 5 Buildings
  • 7 Units

Amenities

  • Laundry Facilities

Building Details

  • 7 Leased Units
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Gardener Expense $1,800
  • Insurance Expense $5,950
  • Supplies Expense $7,000
  • Trash Expense $3,000
  • Water Sewer Expense $6,000
  • New Taxes Expense $22,256
  • Operating Expense $47,806
  • Gross Income $168,568
  • Net Operating Income $120,762

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • CapRate: 5.75
  • Other Phone Description: Agent Direct
  • Other Phone Number: 909-456-7013
  • Price Per Unit: 300000
  • Property Attached: Yes
  • Supplies Expense: 7000.00
  • Water Sewer Expenses: 6000.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1800.00
  • Parcel Number: 1046282150000
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: Front
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: One, Two
  • Price Per Square Foot: 452.78

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 7.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 3000.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 16-20 Units/Acre
  • Lot Size Sq Ft: 9916.00
  • Lot Size Acres: 0.2276

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 575 Square Feet
  • Average3 Bed Area: 1200 Square Feet
  • Electric Expense: 1200.00
  • Gross Income: 168568.00
  • Gross Scheduled Income: 168568.00
  • Insurance Expense: 5950.00
  • Lot Size Area: 9916.0000 Square Feet
  • Net Operating Income: 120762.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 7
  • Number Of Units Total: 7
  • Operating Expense: 47806.00
  • Rent Control: No
  • Total Actual Rent: 13322.00
  • Total Expenses: 47806.00

Tax Info

  • New Taxes Expense: 22256.00
  • Tax Census Tract: 8.24
  • Tax Lot: 5
  • Tax Tract Number: 8.24
  • TaxOtherAnnualAssessmentAmount: 460.00

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2025 06/02/25 Price Changed $2,100,000 -8.7% $453 / Sq Ft
05/14/2025 05/14/25 For Sale $2,300,000 0.0% $496 / Sq Ft
02/10/2025 02/10/25 Off Market -- -- --
02/02/2025 02/02/25 For Rent -- -- --
07/13/2023 07/13/23 For Rent -- -- --
06/19/2023 06/19/23 For Rent -- -- --
04/14/2023 04/14/23 For Rent -- -- --
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV25107391

California Regional Multiple Listing Service (CRMLS)