$2,920,000
$3,000,000
2.7%For more information regarding the value of a property, please contact us for a free consultation.
635 E 8th ST Upland, CA 91786
1.02 Acres Lot
Key Details
Sold Price $2,920,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV21091532
Sold Date 10/08/21
HOA Y/N No
Year Built 1952
Lot Size 1.020 Acres
Property Description
The 8th Street Apartments is located at 623-635 E.8th St. in Upland, CA. The investment offering is a 12-unit multi-family asset located on 2 parcels, with a combined lot size of 1.02 Acres. In the same ownership for the past 50+ years, said property is a well maintained property and consistently has a high occupancy level. The Unit Mix consists of the following: 7 Two Bedroom / One Bathroom Single Story Units, 4 One Bedroom / One Bathroom Units and 1 Three Bedroom / Two Bathroom Single Family House.
Ten of the Twelve Units have Washer /Dryer Hook-Ups and the units are upgraded with Dual Pane Vinyl Windows. Ample parking is provided with single car garages, carport and open parking spaces. In the past 2 years, four of the units have received complete interior upgrades. In April 2021, the 8th St. Apartments obtained Section 1 Termite Clearance. The units are individually metered for gas & electric and the landlord is responsible for water, sewer and trash. The 8th Apartments is located in close proximity to the Upland Train Station, Downtown Upland, Parks and local schools. Please note the Close of Escrow on the property shall occur on October 11, 2021 or thereafter. Please do not disturb the tenants and/or walk on the property. Please contact listing agent for further details.
Location
State CA
County San Bernardino
Area 690 - Upland
Interior
Fireplace No
Laundry Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Parking Features Asphalt, Carport, Garage
Garage Spaces 5.0
Carport Spaces 9
Garage Description 5.0
Pool None
Community Features Foothills, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Total Parking Spaces 22
Private Pool No
Building
Lot Description 11-15 Units/Acre
Story 2
Entry Level One,Two
Sewer Public Sewer
Water Public
Level or Stories One, Two
New Construction No
Others
Senior Community No
Tax ID 1046571090000
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to Loan
Special Listing Condition Standard
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Bought with KEVIN STRUVE • MARCUS & MILLICHAP