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1226 W 11th St

Upland CA 91786

8
8
7767 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Rare opportunity to acquire two adjacent fourplexes (1226 W 11th St and 1232 W 11th St) totaling 8 residential units on two separate parcels with two APNs in Upland, CA. Located just one block south of Foothill Blvd, these properties are being sold together, offering investors the opportunity to expand their multifamily portfolio with two neighboring income-producing assets. Residential financing is available for each property individually. All 8 units feature a desirable 2-bedroom, 1.5-bathroom floor plan. Each unit is separately metered for electricity and gas, while a central 100-gallon water heater services each fourplex. The landlord is responsible for water, sewer, and trash expenses. Both properties offer on-site laundry facilities operated by a third-party laundry company, providing added convenience for tenants. The two laundry rooms also have its own separate gas and electric meters. Additional features include front and rear privacy gates, a sprinkler system in the front and courtyard, and rear alley access for added convenience. Parking includes four garages per fourplex. Tenant storage areas are also provided within the garages. All tenants are currently on month-to-month leases. Three (3) units can be delivered vacant at Close of Escrow.

Features

8 bedrooms
8 bathrooms
7767 sq. ft. lot size
Multi-Family

Property history for 1226 W 11th St

2019
Sold
Undisclosed
13 Aug 2019

Happy sellers in Upland

90%
90% of sellers in Upland reported that their sale price either exceeded or met their price expectations.

Upland stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 10 reviews in Upland over the last 12 months.

Local market activity for 8 bedroom multi families in Upland

In the last 12 months, 4 eight-bedroom multi families similar to 1226 W 11th St, have been sold.

This represents a 56% increase in eight-bedroom multi families sales when compared to the previous 12 months.

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