$4,582,644
$4,800,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
455 S CAMPUS AVE Upland, CA 91786
0.72 Acres Lot
Key Details
Sold Price $4,582,644
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 22128131
Sold Date 04/22/22
HOA Y/N No
Year Built 1986
Lot Size 0.723 Acres
Property Description
We are pleased to present 455 South Campus Avenue, an 18 unit Apartment Building consisting of 1 and 2 Bedroom Units. This Excellent Investment Opportunity Consists of a Two-Story Garden Style Building with Spacious 1 and 2 Bedroom Units, On-Site Parking & Pool. Each 1 Bedroom Unit Measures Approx. 810 SF and Each 2 Bedroom Unit Measures Approx. 1,020 SF. This Property has an Oversized 31,363 SF Lot providing 20 Enclosed Garages (15 with Direct Access to Unit). Newer 1986 Construction with Strong In-Place Rents and room to improve of Realistic Rental Upside Potential of +/- 20%. Tenants Enjoy the convenience of Washer & Dryer Hook-Ups in Each Unit, Central A/C, Upgraded Flooring, Walk-In Closets (and Balcony in Select Units). All Units are Separately Metered for Gas and Electricity, Minimal Landlord Maintenance. Located Near Downtown Upland with Mountain Views from Select Units. Easy Access to the 10 Freeway. Please note, Buyer has the option of either assuming the current CHASE Loan (Apprx. $2,063,000) at 3.35% through October 2026 -or- paying for the pre-payment penalty (Apprx. $100,000). Contact listing agent for details.
Location
State CA
County San Bernardino
Area 690 - Upland
Zoning R-1.5
Interior
Fireplace No
Exterior
Parking Features Garage, Uncovered
Garage Spaces 20.0
Garage Description 20.0
Total Parking Spaces 28
Building
Story 2
New Construction No
Others
Senior Community No
Tax ID 1047221470000
Special Listing Condition Standard
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Bought with Shant Sherbetdjian Remax Commercial and Investment Realty