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Multifamily

4484 La Deney St

4484 La Deney St, Montclair, CA 91763

Listing Price: $1,450,000

Cap Rate
5.34%
Number of Units
4
GRM
13.43
Occupancy
100.0%
Price/Unit
$362,500
Price/Gross SF
$403.67
Gross SF
3,592

Investment Overview

The Weir Group is pleased to present 4484 La Deney Drive, Montclair, CA an exceptional opportunity to acquire a turnkey multifamily asset in a desirable residential neighborhood. The property features an attractive 100% two-bedroom, one-bathroom unit mix and has benefited from over $120,000 in recent capital improvements, providing investors with a low-maintenance asset offering strong in-place income and long-term stability. Current ownership has completed an extensive renovation program throughout the property, including fresh interior and exterior paint, roof maintenance, new flooring throughout all units, brand-new kitchen appliances (including dishwashers), new kitchen and bathroom cabinetry, new countertops, and the installation of washer/dryer hookups in each unit. Additionally, all units are equipped with built-in air conditioning, enhancing tenant comfort and marketability. The property also offers an excellent parking ratio with eight total on-site parking spaces, consisting of four covered carports and four additional uncovered spaces, a highly desirable amenity for tenants. Situated in an established residential neighborhood with convenient access to major employment centers, shopping, dining, schools, and freeways, 4484 La Deney Drive combines quality improvements, a desirable unit mix, and strong cash flow to create an outstanding investment opportunity with immediate income and long-term appreciation potential.

Investment Highlights

  • 100% Two-Bedroom/One-Bathroom Unit Mix
  • Comprehensive Interior and Exterior Renovations
  • Over $120,000 Invested in Property Improvements
  • Desirable Residential Location with Strong Tenant Demand
  • Attractive Current Cash Flow with Continued Upside Potential

Exclusively Listed By

Multifamily

4484 La Deney St

Listing Price: $1,450,000

Cap Rate
5.34%
Number of Units
4
GRM
13.43
Occupancy
100.0%
Price/Unit
$362,500
Price/Gross SF
$403.67
Gross SF
3,592

Investment Highlights

  • 100% Two-Bedroom/One-Bathroom Unit Mix
  • Comprehensive Interior and Exterior Renovations
  • Over $120,000 Invested in Property Improvements
  • Desirable Residential Location with Strong Tenant Demand
  • Attractive Current Cash Flow with Continued Upside Potential

Investment Overview

The Weir Group is pleased to present 4484 La Deney Drive, Montclair, CA an exceptional opportunity to acquire a turnkey multifamily asset in a desirable residential neighborhood. The property features an attractive 100% two-bedroom, one-bathroom unit mix and has benefited from over $120,000 in recent capital improvements, providing investors with a low-maintenance asset offering strong in-place income and long-term stability. Current ownership has completed an extensive renovation program throughout the property, including fresh interior and exterior paint, roof maintenance, new flooring throughout all units, brand-new kitchen appliances (including dishwashers), new kitchen and bathroom cabinetry, new countertops, and the installation of washer/dryer hookups in each unit. Additionally, all units are equipped with built-in air conditioning, enhancing tenant comfort and marketability. The property also offers an excellent parking ratio with eight total on-site parking spaces, consisting of four covered carports and four additional uncovered spaces, a highly desirable amenity for tenants. Situated in an established residential neighborhood with convenient access to major employment centers, shopping, dining, schools, and freeways, 4484 La Deney Drive combines quality improvements, a desirable unit mix, and strong cash flow to create an outstanding investment opportunity with immediate income and long-term appreciation potential.

Exclusively Listed By

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