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Upland, CA 91786 424 W 7th Street 7

$1,695,000

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Presented By: Michael Flanagan with MARSHALL FUNDING GROUP; 626-695-2538
  • MLS# CV24047973
  • 03/09/2024
  • Request Tour
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  • BedBeds • 7
  • BathBaths • 6
  • FootageSQFT • 4,270

Home Details

*Location*Location*Location* See this Desirable Investment Opportunity in an Excellent Residential Neighborhood. This 7-unit property on a 1/2 acre lot has plenty of parking and is well maintained. The property has been recently upgraded throughout and the owner has made substantial significant improvements. New roof and remodeled units. The property has easy access to the freeways and is close to all the restaurants, grocery stores, parks and local schools. Property is legal non-conforming 7 units and permitted for 5.
Presented By: Michael Flanagan with MARSHALL FUNDING GROUP; 626-695-2538

Interior Features for 424 W 7th Street 7

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem1CommonWall
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Street SuffixStreet
Total Stories2

Other Rooms

Entry Level2

General for 424 W 7th Street 7

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityUpland
Community FeaturesSidewalks
Contingencyoffers subject to interior inspection.
CountySan Bernardino
Days on Market37
DirectionsWest/Euclid, N 10 Frwy
Electric Expense3876.0
Entry Location3
Fuel Expense2579.0
Garage Spaces0.0
Garage Y/NNo
Gross Income132000.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense3764.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, Conventional, OwnerMayCarry
Lot Size Square Feet23300.0
MLS Area690 - Upland
MobileHomeRemainsYNNo
Net Operating Income113540.0
New ConstructionNo
Number of Units Leased7
Operating Expense18460.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalMixedUse
Property SubTypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street Name7th
Tax Lot693
Total Actual Rent10600.0
Total Units7
Trash Expense2581.0
Unit Number7
View Y/NNo
Water Sewer Expense3860.0
Waterfront Y/NNo
Year Built1908
Year Built SourcePublicRecords

Exterior for 424 W 7th Street 7

Building Area Total4270.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem01UnitAcre
Lot Size Acres0.5349
Lot Size Area23300.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings2
Number of Separate Electric Meters5
Number of Separate Gas Meters3
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking0.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,695,000
MLS#CV24047973
List Date 03/09/2024
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors