1396 Randy Street
$1,500,000
8
8
4,028
4,028
$372
Description
Exceptional Upland 4-Plex Property: A Unique Investment Opportunity In the realm of real estate, finding a property that seamlessly combines practicality with potential is a rare delight. The exceptional Upland 4-plex property stands out as one such opportunity, boasting a unique configuration that caters to a variety of residential needs. With each unit featuring two bedrooms and 1.5 baths. One of the distinguishing features of this 4-plex is its thoughtful design, which includes separate electric...Exceptional Upland 4-Plex Property: A Unique Investment Opportunity In the realm of real estate, finding a property that seamlessly combines practicality with potential is a rare delight. The exceptional Upland 4-plex property stands out as one such opportunity, boasting a unique configuration that caters to a variety of residential needs. With each unit featuring two bedrooms and 1.5 baths. One of the distinguishing features of this 4-plex is its thoughtful design, which includes separate electric and gas meters for each unit. A single central water heater serves the entire building, ensuring efficient operation and reduced maintenance costs. The inclusion of an assigned covered detached parking garage for each unit further adds to the appeal, providing tenants with the security and convenience they desire. The communal coin-operated laundry machine serves as a practical amenity, catering to the needs of all residents while minimizing the space and energy required for individual laundry setups. This communal aspect fosters a sense of community among tenants while promoting an efficient use of resources. Significantly, the property is Section 8 approved, which opens the door to a wider pool of potential tenants. Three of the four units are currently leased, providing immediate rental income for the savvy investor. Meanwhile, the owner occupies the fourth unit, which may be possible for lease back or vacate upon the sale, allowing the new buyer the flexibility to either occupy it or lease it out. Investing in this Upland 4-plex is not merely a financial decision; it is an opportunity to take pride in ownership while contributing positively to the community. In conclusion, the exceptional Upland 4-plex property stands as a testament to thoughtful investment in real estate. With its well-designed units, practical amenities, and the opportunity to generate immediate income it represents a rare find in today’s market. As the demand for quality rental properties continues to rise, this 4-plex offers a promising avenue for investors looking to make a meaningful impact while securing their financial future. Whether for personal use or as a rental property, this investment is poised to deliver both immediate and long-term rewards.
- Listed by Samson Debebe • DRE #01490045 • Brokerage DRE #01942347 • PMI INLAND EMPIRE • 909-527-4440
- Listed by Robel Tegegne • DRE #01890820 • Brokerage DRE #01942347 • PMI INLAND EMPIRE
Property Details for 1396 Randy Street
Parking Spaces Total
4
Private PoolNo
Cooling TypeWall/Window
Total Units4.0
Building TypeAttached
Lot Size SourceAssessor
Living Area4028
Assessor Parcel Number1007-492-06-0000
LISTING UPDATED: 11/09/2024 06:08 AM
Property Details for 1396 Randy Street
Status | Active |
---|---|
MLS # | CV24166610 |
Days on Market | 71 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1975 |
Lot Size | 0.18 AC / 7,800 SF |
County | San Bernardino County |
Building Information for 1396 Randy Street
Stories2Residences-Year Built1975Building Size-Lot Size0.18 AC / 7,800 SF
Property Information for 1396 Randy Street
Property History for 1396 Randy Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1396 Randy Street
Taxable ValueLand$250,075Additions$490,228Total$740,303
Tax Record2024$8,002 ($667 / month)
Home Facts
Total Finished SqFt4,028 SqFtAbove Grade Finished SqFt4,028 SqFtLot Size7,800 SqFtStyleQuadraplexYear Built1964CountySAN BERNARDINOAPN1007-492-06-0000
Schools near 1396 Randy Street
This home is within Upland Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | 10 to 12 |
Rating | School | Distance |
---|---|---|
Cabrillo Elementary School PublicK to 6 | ||
Upland Junior High School Public7 to 8 | ||
Upland High School Public9 to 12 | ||
Hillside High School Public10 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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