Apartment Building with
1097 Richland Street Upland, CA 91786
For Sale
Contact for pricing
Built in 1979 with five 2-bedroom, 1-bath units and 1-car garages, plus additional guest parking.
Days on Market33
Property Features for 1097 Richland Street
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing Agency:
1000 Realty Corporation
(626) 445-6660
Listed By:
Benjamin Lin · License #01383988
Source:
Crexi
Added: Jun 21
Changed: Jul 21
Last Checked: Jul 21 at 5:59PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of 1000 Realty Corporation
Investment Insights
Based on property information with market context.
This apartment building was built in 1979 and consists of five units, each with two bedrooms and one bathroom. The property is described as having a large lot, and the buyer would need to verify with the City regarding any potential for additional ADUs or units. Reported actual income is $123,414 per year, with rent levels stated to be below market in the remarks.
According to the provided information, the property is in a convenient area near a shopping center, a school, a freeway, and a supermarket. The remarks also state there is no local rent control.
Each unit includes a 1-car garage with one parking space, and the total parking is described as 11 spaces including additional guest parking. The annual rent increase period for all five tenants is stated to have already expired, and the buyer should confirm applicable rent rules and requirements.
According to the provided information, the property is in a convenient area near a shopping center, a school, a freeway, and a supermarket. The remarks also state there is no local rent control.
Each unit includes a 1-car garage with one parking space, and the total parking is described as 11 spaces including additional guest parking. The annual rent increase period for all five tenants is stated to have already expired, and the buyer should confirm applicable rent rules and requirements.
Key Highlights
- Actual gross income of $123,414/yr
- Built in 1979; five units with 2 bedrooms and 1 bathroom each
- Each unit includes a 1‑car garage and 1 parking space, plus additional guest parking (11 total parking spaces)
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FAQs
What type of property is this?
Apartment building - Built in 1979 with five 2-bedroom, 1-bath units and 1-car garages, plus additional guest parking.
Where is this apartment building located?
The property is located at 1097 Richland Street Upland, CA.
What is the asking price?
The asking price for this property is $1,620,000.
What are key features of this property?
This property features: Actual gross income of $123,414/yr; Built in 1979; five units with 2 bedrooms and 1 bathroom each; Each unit includes a 1‑car garage and 1 parking space, plus additional guest parking (11 total parking spaces)
