Upland, CA 91786,635 E 8th ST

$2,920,000

Est. payment /mo

$3,000,000

2.7%
Est.Price: ?

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635 E 8th ST Upland, CA 91786

1.02 Acres Lot

SOLD DATE : 10/08/2021

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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California Regional MLS (CRMLS)
Listed by KEVIN STRUVE • MARCUS & MILLICHAP
Bought with KEVIN STRUVE • MARCUS & MILLICHAP
agent
Sam Louis

License ID: 02203602

+1(949) 357-0611 | sam@louisestategroup.com

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