NOT LISTED FOR SALE

710 W Arrow Hwy Upland, CA 91786

7 Beds
5 Baths
-- Sq Ft
0.37 Acres

Last Sold December 04, 2013

Last sale price $750,000

89 Days on Market

About This Home

As of December 2013

Excellent opportunity to own six units in a great location on a nearly 16,000 SF lot! Property features a 3+2 front house with roundabout driveway, and five units in the back, including a triplex of 1 bedroom units with individual garages and two separate cottages - a 2+1 and 1+1, each with their own private yards. This property is NOT subject to rent control, so there is immediate income upside potential to be realized. The units are separately metered for gas and electric, and there is an on-site laundry room. On current income, this property offers an investor an 8% return with 30% down. Great opportunity for an owner user to live in the front house and collect income from the five rental units, as well as an experienced investor looking for a stable income property with great future potential. Hurry, this one will not last!!

Last Agent to Sell the Property

Dana Brody

Dana Brody License #01429001 Listed on: 09/04/2013

Last Buyer's Agent

ROGER CARRILLO

License #01864817

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 0.37

Parking

  • 7 Car Garage
  • Shared Driveway
  • Unassigned Parking

Additional Features

  • 2-Story Property
  • 0.37 Acre Lot

Community Details

  • 4 Buildings
  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 1046-341-11-0000

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Stories: 2
  • Year Built: 1956
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dining Room: 0
  • Family Room: 0
  • Den: 0

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Private Garage, Shared Driveway, Unassigned
  • Total Parking: 7

Utilities

  • Water Expense: 1680.00

Fee Information

  • Insurance Expense: 3300.00
  • Maintenance Expense: 2806.00
  • Trash Expense: 1512.00

Lot Info

  • Assessor Parcel Number: 1046-341-11-0000
  • Geocode Override: No
  • Lot Size Area: 15960

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 10.69
  • Number Of Units: 6
  • Total Annual Expense: 19993
  • Type Of Units: Multi-Family
  • Vacancy Rate: 3%

Tax Info

  • Tax Expense: 9375.00

Range of Values:

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ICE

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Average Value
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List Price
Sold Price
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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 Change Sq Ft Price
12/04/2013 12/04/13 Sold $750,000 0.0% --
12/02/2013 12/02/13 Pending -- -- --
09/04/2013 09/04/13 For Sale $750,000 -- --
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-701543

The MLS