Upland Multifamily Investment
425 North 11th Avenue Upland, CA 91786
425 North 11th Avenue, Upland, CA, 91786
$3,300,000
For Sale
$3,300,000
Thirteen-unit multifamily property in Upland, California with significant rental upside.
Property Size9,425 SF
Price / SF$350.13
Days on Market94
Property Features for 425 North 11th Avenue
General Information
- Standard status
- Active
- Size
- 9,425 SF
- Property subtype
- Multifamily
Listing Agency
CBRE - Ontario
(909) 418-2071
Listed by
Eric Chen · License #01489184
(909) 418-2071
Source
Cbre
Added: Apr 15 Checked: Jul 17 at 4:14 am
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 CBRE - Ontario
Investment Insights
Based on property information with market context.
This 13-unit garden-style multifamily property is located in Upland, California. The property, built in the 1950s, features landscaping, an on-site laundry facility, and a mix of covered and surface parking. The unit mix includes eight one-bedroom, one-bathroom units and five two-bedroom, one-bathroom units. Interiors have been modernized with laminate wood flooring, updated lighting, and kitchens featuring oven ranges. Each unit has a wall-mounted A/C and heating unit, while a front unit includes a private entrance, attached garage, and walk-in closet. The property is located near the I-10 and I-210 freeways and the Upland Metrolink Station, providing access to Los Angeles, Riverside, and San Bernardino. It is also located near San Antonio Regional Hospital and the Claremont Colleges. The property is located minutes from Claremont Village and Upland’s historic downtown.
Key Highlights
- Significant Rental Upside: Opportunity to increase rents by 31% for long‑term appreciation.
- High Pro Forma CAP Rate: Clear path to a 7.60% Pro Forma CAP rate upon stabilization.
- Prime Location in Upland: Located in a desirable submarket known for its historic charm and convenient access.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Thirteen-unit multifamily property in Upland, California with significant rental upside.
Where is this apartment building located?
The property is located at 425 North 11th Avenue Upland, CA.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: Significant Rental Upside: Opportunity to increase rents by 31% for long‑term appreciation.; High Pro Forma CAP Rate: Clear path to a 7.60% Pro Forma CAP rate upon stabilization.; Prime Location in Upland: Located in a desirable submarket known for its historic charm and convenient access.