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Multifamily

774 N 1st Ave

774 N 1st Ave, Upland, CA 91786

Listing Price: $1,175,000

Cap Rate
4.64%
Number of Units
3
GRM
14.32
Price/Unit
$391,667
Price/Gross SF
$492.25
Gross SF
2,387

Investment Overview

Marcus & Millichap is pleased to present to market the charming three-unit multifamily investment property located at 774 North 1st Avenue in Upland, California. The property consists of a beautiful three-bedroom/two-bath Victorian home in the front and a rear building with two one-bedroom/one-bath units above four single-car garages. The front home boasts period details, new copper plumbing, and central air conditioning and heating. Additionally, all units feature new hardwood flooring, new paint, and separate gas and electric meters. The property also offers attractive landscaping maintained by a new sprinkler system, and a privacy hedge between the buildings offers some privacy to each yard.

774 North 1st Avenue is very well-located on a quiet tree-lined residential street within just a few blocks of both Upland Junior High and Upland Elementary School. Tenants enjoy easy access to retail along Foothills Boulevard, with major retailers including Vons, Burlington Coat Factory, Ross, AutoZone, McDonald’s, Raising Cane’s, Chase Bank, Coldstone Creamery, and many others within a half-mile of the property. Furthermore, this location offers convenient proximity to freeways: both the 210 and 10 Freeways are within a six-minute drive.

Investment Highlights

  • Charming property comprises a three-bed/two-bath Victorian home with a basement in the front and a rear building with two one-bed/one-bath units
  • Great location on a quiet tree-lined residential street near schools and conveniently near retail and the 10 and 210 freeways
  • Recent improvements include copper plumbing in the front house, a new sprinkler system, new interior and exterior paint, and new hardwood floors in all units
  • Property features shared on-site laundry and four single- car garages
  • Front home boasts central air and heating
  • One of the one-bedroom units will be delivered vacant

Exclusively Listed By

Financing By

Multifamily

774 N 1st Ave

Listing Price: $1,175,000

Cap Rate
4.64%
Number of Units
3
GRM
14.32
Price/Unit
$391,667
Price/Gross SF
$492.25
Gross SF
2,387

Investment Highlights

  • Charming property comprises a three-bed/two-bath Victorian home with a basement in the front and a rear building with two one-bed/one-bath units
  • Great location on a quiet tree-lined residential street near schools and conveniently near retail and the 10 and 210 freeways
  • Recent improvements include copper plumbing in the front house, a new sprinkler system, new interior and exterior paint, and new hardwood floors in all units
  • Property features shared on-site laundry and four single- car garages
  • Front home boasts central air and heating
  • One of the one-bedroom units will be delivered vacant

Investment Overview

Marcus & Millichap is pleased to present to market the charming three-unit multifamily investment property located at 774 North 1st Avenue in Upland, California. The property consists of a beautiful three-bedroom/two-bath Victorian home in the front and a rear building with two one-bedroom/one-bath units above four single-car garages. The front home boasts period details, new copper plumbing, and central air conditioning and heating. Additionally, all units feature new hardwood flooring, new paint, and separate gas and electric meters. The property also offers attractive landscaping maintained by a new sprinkler system, and a privacy hedge between the buildings offers some privacy to each yard. 774 North 1st Avenue is very well-located on a quiet tree-lined residential street within just a few blocks of both Upland Junior High and Upland Elementary School. Tenants enjoy easy access to retail along Foothills Boulevard, with major retailers including Vons, Burlington Coat Factory, Ross, AutoZone, McDonald’s, Raising Cane’s, Chase Bank, Coldstone Creamery, and many others within a half-mile of the property. Furthermore, this location offers convenient proximity to freeways: both the 210 and 10 Freeways are within a six-minute drive.

Exclusively Listed By

Financing By

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