120 N 13th Avenue, Upland, CA 91786

  • $3,100,000
120 N 13th Avenue, Upland, CA 91786
Active
120 N 13th Avenue, Upland, CA 91786
120 N 13th Avenue, Upland, CA 91786
  • $3,100,000

Description

6.28% Cap Rate – Strong Cash Flow with Approx. $240,000 Annual Gross Income. 6 Units are Townhome Style, 3 units with their private patios

Exceptional investment opportunity in the highly desirable city of Upland! Built in 1986, this well-maintained two-story, 9-unit multifamily property offers a strong mix of spacious two-bedroom units—including six townhome-style units with 1.5 baths( 3- townhome style unit has private patio) and three upper-level units with 1 bath. Each residence is equipped with central AC and a dedicated 1-car garage for added convenience. Residents enjoy onsite laundry facilities and 10 additional surface parking spaces, for a total of 19 parking spots. All units are separately metered for gas and electricity, with water being master-metered. The property is fully occupied with long-term, reliable tenants and strong in-place rents, generating approximately $240,000 in annual gross income and offering a 6.28% cap rate with low operating expenses. Situated in a prime location near schools, shopping, historic Downtown Upland, and public transit, this asset presents stable cash flow and long-term appreciation potential. Drive-by only—please do not disturb tenants. Property to be sold AS IS, with interior access granted upon an accepted offer. Seller did improvements include: roof, AC units, and water heaters.

  • Address 120 N 13th Avenue
  • City Upland
  • State/county CA
  • Zip/Postal Code 91786
  • Country US

Details

Updated on December 10, 2025 at 8:08 am
  • Property ID: AR25232778
  • Price: $3,100,000
  • Property Size: 8105 Square Feet
  • Land Area: 0.375 Acres
  • Garages: 9.0
  • Garage Size: x x
  • Year Built: 1986
  • Property Type: Residential Income, Apartment
  • Property Status: Active

Contact Information

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  • Hoyt Hochman