Multifamily
357 Amber Ct
357 Amber Ct, Upland, CA 91786
Listing Price: $1,625,000
Investment Overview
Marcus & Millichap Real Estate Investment Services is pleased to exclusively present the Amber Court
Apartments, a five-unit multifamily investment opportunity located at 357 Amber Court in Upland, California.
Built in 1962, the property is situated on a 0.234-acre corner lot and consists of approximately 5,493
building square feet. The unit mix includes four two-bedroom / one-and-a-half-bathroom townhome-style
units, each approximately 1,100 square feet, and one single-level two-bedroom / two-bathroom unit of
similar size.
Each unit is equipped with washer and dryer hookups, central gas heating, wall-mounted air conditioning
units, electric stove and oven, electric water heater, and a private enclosed patio. The property is individually metered for gas and electricity, with ownership responsible for water, sewer, and trash.
With current rents estimated to be approximately 40% below market, the property presents a strong value add opportunity for an investor seeking to reposition the asset and capture rental upside.
Investment Highlights
- First time on the market in over 50 years
- Washer and dryer hookups in each unit
- All large two-bedroom units averaging approximately 1,100 square feet
- Situated on a corner lot with carport and garage parking
- Central heating, wall-mounted A/C units, and individual water heaters
- Individually metered for gas and electricity; private enclosed patios for each unit
- Located in North Upland, a highly desirable rental market
- Ideal value-add and repositioning opportunity
Exclusively Listed By
Listing Price: $1,625,000
Investment Highlights
- First time on the market in over 50 years
- Washer and dryer hookups in each unit
- All large two-bedroom units averaging approximately 1,100 square feet
- Situated on a corner lot with carport and garage parking
- Central heating, wall-mounted A/C units, and individual water heaters
- Individually metered for gas and electricity; private enclosed patios for each unit
- Located in North Upland, a highly desirable rental market
- Ideal value-add and repositioning opportunity
Investment Overview
Marcus & Millichap Real Estate Investment Services is pleased to exclusively present the Amber Court Apartments, a five-unit multifamily investment opportunity located at 357 Amber Court in Upland, California. Built in 1962, the property is situated on a 0.234-acre corner lot and consists of approximately 5,493 building square feet. The unit mix includes four two-bedroom / one-and-a-half-bathroom townhome-style units, each approximately 1,100 square feet, and one single-level two-bedroom / two-bathroom unit of similar size. Each unit is equipped with washer and dryer hookups, central gas heating, wall-mounted air conditioning units, electric stove and oven, electric water heater, and a private enclosed patio. The property is individually metered for gas and electricity, with ownership responsible for water, sewer, and trash. With current rents estimated to be approximately 40% below market, the property presents a strong value add opportunity for an investor seeking to reposition the asset and capture rental upside.
Exclusively Listed By