1396 Randy Street

Upland, CA 91786

$1,500,000
Price
8
Beds
8
Baths
4,028 Sq. Ft.
$372 / Sq. Ft.
4,028
Sq. Ft.
$372
per Sq. Ft.

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.
  1. Listed by Samson Debebe • DRE #01490045 • Brokerage DRE #01942347 • PMI INLAND EMPIRE • 909-527-4440
  2. Listed by Robel Tegegne • DRE #01890820 • Brokerage DRE #01942347 • PMI INLAND EMPIRE

Property Details for 1396 Randy Street

Parking Spaces Total
4
Private Pool
No
Cooling Type
Wall/Window
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
4028
Assessor Parcel Number
1007-492-06-0000
LISTING UPDATED: 11/09/2024 06:08 AM

Property Details for 1396 Randy Street

StatusActive
MLS #CV24166610
Days on Market71
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1975
Lot Size0.18 AC / 7,800 SF
CountySan 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

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $94,320
  • Gross Scheduled Income: $93,960
  • Net Operating Income: $65,347
  • Laundry Income: $600
  • Current Financing: Conventional
Expense Details
  • Operating Expense: $28,613
  • New Taxes Expense: $13,125
  • Gardener Expense: $720
  • Fuel Expense: $1,133
  • Licenses Expense: $155
  • Security Expense: $450
  • Electric Expense: $692
  • Insurance Expense: $3,912
  • Maintenance Expense: $4,500
  • Trash Expense: $1,556
  • Water Sewer Expense: $2,370
  • Total Expenses: $28,613
Tax / Assessment Info
  • Tax Tract Number: 6783
  • Tax Census Tract: 8.23
  • CFD/Mello-Roos Fee: $382
  • Tax Lot: 42
Community / Development
Community / Development
  • Community Features: Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
Exterior Features
  • Entry Location: Front gate
  • Fence: Yes
  • Fence: Wood
  • Fencing: Wood
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Level with Street
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Garage - 1 Car
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Parking Features: Garage Faces Rear, Garage - Single Door
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,000
  • Unit Type Total Rent: $2,000
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,000
  • Unit Type Total Rent: $2,000
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,780
  • Unit Type Total Rent: $1,780
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,000
  • Unit Type Total Rent: $2,000
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Wall AC: 4

Property History for 1396 Randy Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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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1396 Randy Street is a multi-family home for sale in Upland, CA 91786. This property was listed for sale on September 6, 2024 by PMI INLAND EMPIRE, it's currently listed at $1,500,000. This listing's school district is Upland Unified School District. Nearby schools include Cabrillo Elementary School, Upland Junior High School and Upland High School. 1396 Randy Street is a 8-bed, 8-bath, 4,028 sqft multi-family home built in 1975.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of PMI INLAND EMPIRE, Samson Debebe, DRE #01490045; PMI INLAND EMPIRE, Robel Tegegne, DRE #01890820

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.