Investment Overview

Marcus & Millichap is pleased to exclusively present the opportunity to acquire 170 South Linda Way, a 5-unit multifamily investment property located in the city of Upland, California. Constructed in 1970, the property sits on an 8,712 square feet rectangular parcel with a building area of 4,422 square feet. The property consists of five two-bedroom/one-bathroom floor plans with approximately 884 square feet per unit, and the building features gated front entrance, on-site laundry room, four tuck-under parking, and a carport parking space accessible by rear alley. Selected units offer private back patios. All units are individually metered for gas and electricity. The offering is conveniently located just half-a-mile north of the Interstate 10 freeway exit and surrounded by three outdoor shopping malls at the intersection of South Mountain Avenue and West 8th Street. The property is within walking distance of major retail and grocery stores including Home Depot, Grocery Outlet, Michaels, ALDI, Dollar Tree, and Hobby Lobby. The Historic Downtown Upland and the Upland Metrolink station are located one-and-a-half miles east of the subject property. The Metrolink station provides residents with easy access to cities in both Los Angeles and the Inland Empire. Nestled in the heart of Upland’s Old Magnolia District, the Historic Downtown Upland is known for its charming small-town atmosphere and features a variety of locally owned and operated small businesses, including antique shops, boutiques, cafes, and restaurants. Bordering San Bernardino and Los Angeles County, the city of Upland is a premier suburb that has an abundance of popular retail stores and a variety of restaurants. Residents enjoy public parks and golf courses throughout the community including Upland Hills and Red Hills Country Clubs. Upland also houses the historic Madonna of the Trail in the center of Euclid Avenue, one of twelve monuments dedicated to the spirit of pioneer women in the United States.