Multifamily

1280 W 25th St

1280 W 25th St, Upland, CA 91784

Listing Price: $2,500,000

Cap Rate
3.98%
Number of Units
10
GRM
16.35
Occupancy
97.0%
Price/Unit
$250,000
Price/Gross SF
$291.38
Gross SF
8,580

Investment Overview

Marcus & Millichap is proud to exclusively present the opportunity to acquire 1280 West 25th Street, a 10 - unit investment opportunity located in the desirable city of Upland, California. Built in 1959, the property is comprised of two buildings and sits on a lot size of 31,500 square feet with a combined building size of 8,580 square feet. The single story property consists all two bedroom/one bathroom floorplans of approximately 850 square feet. The property features carport parking, private patios, drought resistant landscape and on-site laundry that includes one set of owner owned washer and dryer machines. The front two units feature fireplaces and nine of the units have been re-piped with copper and/or flex piping. All of the units have individual hot water heaters and are individually metered for gas and electricity.

The property is located in north Upland's desirable San Antonio Heights neighborhood which is situated just below the foothills of the San Gabriel Mountains and is surrounded by custom homes that have an average sale price of over seven figures. In addition, the property is in close proximity to local retail, parks, trails, schools and the Colonies Crossroads, which is a super-regional destination shopping center on the I-210 Freeway and is one of Upland's latest projects contributing to its positive place for quality business, employment, business expansion and attraction to local economic growth. The property provides an attractive living opportunity for the area's demographics.

Investment Highlights

  • All Two Bedroom Units
  • Single Story Property
  • Spacious Units with Patios

Exclusively Listed By

Listing Price: $2,500,000

Cap Rate
3.98%
Number of Units
10
GRM
16.35
Occupancy
97.0%
Price/Unit
$250,000
Price/Gross SF
$291.38
Gross SF
8,580

Investment Highlights

  • All Two Bedroom Units
  • Single Story Property
  • Spacious Units with Patios

Investment Overview

Marcus & Millichap is proud to exclusively present the opportunity to acquire 1280 West 25th Street, a 10 - unit investment opportunity located in the desirable city of Upland, California. Built in 1959, the property is comprised of two buildings and sits on a lot size of 31,500 square feet with a combined building size of 8,580 square feet. The single story property consists all two bedroom/one bathroom floorplans of approximately 850 square feet. The property features carport parking, private patios, drought resistant landscape and on-site laundry that includes one set of owner owned washer and dryer machines. The front two units feature fireplaces and nine of the units have been re-piped with copper and/or flex piping. All of the units have individual hot water heaters and are individually metered for gas and electricity.

The property is located in north Upland's desirable San Antonio Heights neighborhood which is situated just below the foothills of the San Gabriel Mountains and is surrounded by custom homes that have an average sale price of over seven figures. In addition, the property is in close proximity to local retail, parks, trails, schools and the Colonies Crossroads, which is a super-regional destination shopping center on the I-210 Freeway and is one of Upland's latest projects contributing to its positive place for quality business, employment, business expansion and attraction to local economic growth. The property provides an attractive living opportunity for the area's demographics.

Exclusively Listed By

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