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Upland Multifamily Development Opportunity
For Sale
$2,400,000

142 North 6th Avenue, Upland, CA 91786

Development opportunity for multifamily residential community near Upland Metrolink station.

Property SizeContact for details
Days on Market335

Property Features for 142 North 6th Avenue

General Information

Standard status Active
Property subtype Land
Listing Agency: Lee & Associates Los Angeles - Investment Services Group, Inc
Listed By: Matthew Sullivan · License #00848427
Source: Lee-associates
Added: Sep 10, 2025 Changed: Aug 8 Last Checked: Jul 16 at 6:10AM

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 Lee & Associates Los Angeles - Investment Services Group, Inc

Investment Insights

Based on property information with market context.

This property offers the potential for developing a multifamily residential community. By-right development allows for a 53-unit community featuring a four-story, wood-frame building with recreational amenities such as a workout room. The unit mix includes 35 one-bedroom and 18 two-bedroom units. The location is within walking distance of the Upland Metrolink station and Downtown Upland, which offers restaurants, retail shopping, seasonal street fairs, and open-air markets along pedestrian-friendly walkways. Alternatively, utilizing density bonuses for affordable housing, the property could accommodate an 88-unit affordable housing community. This option involves a three-story, wood-frame building with amenities like a community room, lobby, mailroom, and bicycle storage. The affordable housing community would consist of 70 one-bedroom and 18 two-bedroom units. Designed with an emphasis on rail access, the project does not include resident parking. Communal spaces within the clubhouse and courtyard are intended to host various programs and social services for residents.

Key Highlights

  • By‑right development allows for a 53‑unit multi‑family residential community.
  • Potential for an 88‑unit affordable housing community with density bonuses.
  • Walking distance to Upland Metrolink station.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Restaurant Real Estate Agency Big Box & Wholesale Store Building Supply Auto Parts Store Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

252
Businesses Nearby

Demographics for 91786, CA

55,763
Population
20,094
Households
2.8
Avg Household Size
36
Median Age
30%
College-Educated
88%
High-School Grad
8.9 sq mi
ZIP Area
6,266
Density / Sq Mi
$86,961
Median Household Income
$43,050
Median Earnings
$1,923
Median Rent
$607,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Development opportunity for multifamily residential community near Upland Metrolink station.
Where is this residential land & home lot located?
The property is located at 142 North 6th Avenue Upland, CA.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: By‑right development allows for a 53‑unit multi‑family residential community.; Potential for an 88‑unit affordable housing community with density bonuses.; Walking distance to Upland Metrolink station.
More about this property
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