659 Richland St

  • $975,000
    • Sold
    • Address:
      659 Richland St
      Upland, CA 91786
    • Property Type:
    • Location:
    • Sq Ft: 3,200
    • Lot Sq Ft: 8,174

Description

Beautiful, well-maintained, 4-unit property with plenty of upsides. At about 5% CAP Rate, this is also a very good investment property with lots of upsides. Conveniently located with easy access to schools, parks, shopping, restaurants and just minutes to Freeway 10. This is a gated property with private yards. Great, loyal, long-term tenants with low rents. 100% occupancy in the last 3+ years. All 4 units are 2 bedrooms and 1.5 baths each (not 2 full baths). There are 4 enclosed parking spaces and 4 open parking spaces; 2 parking spaces for each unit. There are recent renovations done on the property which includes new kitchen and AC unit to unit B with laminated wood floors; and new toilets, new paint, new tubs to other units, and a new community dryer replaced in 2017. Additional laundry income; very low maintenance costs. Great long-term tenants. Don’t miss out this great opportunity to own one of the best-prized properties out there.

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