581 N Euclid Ave Upland, CA 91786
Estimated payment $13,754/month
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
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
Map
Home Values in the Area
Average Home Value in this Area
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)
MLS Number: CV25107391

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