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Rowland Heights, CA 91748 1917 Sierra Leone Avenue

$2,475,000

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Presented By: Edwin Huber with Century 21 Peak; 562-419-4942
  • MLS# DW23161753
  • 08/29/2023
  • Request Tour
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  • BedBeds • 16
  • BathBaths • 8
  • FootageSQFT • 7,000
  • GarageGarage • 1

Home Details

These 2 (4-plex) offers an incredible investment opportunity with strong rental potential. The growing demand for rental properties in Rowland Heights makes it an attractive option for investors seeking steady income. Rowland Heights is known for its convenient location with easy access to major freeways, shopping centers, schools, and recreational facilities. Residents can enjoy a peaceful neighborhood while having all amenities within reach. All units are 2 bedrooms, 1 bath units. These well maintained 4-plexes offer eight identical 2 bedroom, 1 bath units, providing an excellent chance for investors or owner-occupants looking for rental income. Each unit has been carefully designed for comfortable living and is conveniently located in desirable neighborhood. We look forward to helping you seize this excellent investment opportunity!
Presented By: Edwin Huber with Century 21 Peak; 562-419-4942

Interior Features for 1917 Sierra Leone Avenue

Other Interior Features

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

Other Rooms

Entry Level1

General for 1917 Sierra Leone Avenue

Additional Parcels Description8253-003-009
Additional Parcels Y/NYes
Attached Garage No
Building Area UnitsSquareFeet
Carport Spaces12.0
Carport Y/NYes
CityRowland Heights
Community FeaturesSuburban
ContingencyNote finances are estimated from 2022 P & L for all (4) quadraplexes. Must be sold together, they have shared driveway.
CoolingWallWindowUnits
CountyLos Angeles
Days on Market268
DirectionsEast of Fullerton Rd, South of Colima Rd
Electric Expense1966.0
Entry LocationFront
Fuel Expense1992.0
Garage Spaces0.0
Garage Y/NNo
Gross Income118600.0
HOA / Comm AssnNo
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense2486.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashtoNewLoan
Lot Size Square Feet14430.0
Lot Size UnitsSquareFeet
MLS Area652 - Rowland Heights
MobileHomeRemainsYNNo
Net Operating Income70008.0
New ConstructionNo
NumberOfUnitsTotal8
Operating Expense47592.0
Pool FeaturesNone
PossessionCloseOfEscrow
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
RoofFlat
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActiveUnderContract
StatusActiveUnderContract
Stories2
Tax Lot46
Taxes$32,480
Tenant PaysElectricity, Gas
Trash Expense1434.0
UtilitiesElectricityConnected, NaturalGasConnected, WaterConnected
View Y/NNo
Water Sewer Expense4224.0
Waterfront Y/NNo
Year Built1964
Year Built SourceAssessor
ZoningLCR3YY

Exterior for 1917 Sierra Leone Avenue

Building Area Total7000.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLevel
Lot Size Acres0.3313
Lot Size Area14430.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters10
Number of Separate Gas Meters10
Number of Separate Water Meters2
Open Parking Y/NNo
Parking FeaturesDetachedCarport
SpaNo
Total Parking12.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $2,475,000
MLS#DW23161753
List Date 08/29/2023
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors