5163 Canoga Street
$1,200,000
8
4
3,072
3,072
$391
Description
Exceptional Multi-Family Investment Opportunity in Montclair! Discover the rare opportunity to own a 4-unit complex at 5163 Canoga Street in the heart of Montclair. This well-maintained property offers four spacious units, each featuring 2 bedrooms and 1 bath. The units are currently occupied by long-term, stable tenants, making this an excellent investment with the potential to increase income by stabilizing rents and achieving a strong cap rate. The property has been thoughtfully updated, with...Exceptional Multi-Family Investment Opportunity in Montclair! Discover the rare opportunity to own a 4-unit complex at 5163 Canoga Street in the heart of Montclair. This well-maintained property offers four spacious units, each featuring 2 bedrooms and 1 bath. The units are currently occupied by long-term, stable tenants, making this an excellent investment with the potential to increase income by stabilizing rents and achieving a strong cap rate. The property has been thoughtfully updated, with the entire roof recently replaced, ensuring minimal maintenance for years to come. The complex also benefits from copper plumbing throughout and a newer water heater, adding to the overall value and appeal. Some of the kitchen cabinets have been remodeled, offering a modern touch that enhances the living experience for tenants. Each unit comes with its own single-car garage, conveniently located at the rear of the property with alley access, while ample street parking is available for guests. An on-site laundry room, equipped with an owned washer and dryer, provides additional convenience for residents. Situated in a prime location, the property is just moments away from Central Avenue, the 10 Freeway, and Montclair Plaza, making it ideal for tenants seeking easy access to shopping, dining, and entertainment. Families with children will also appreciate the excellent Montclair schools nearby. This property presents a unique opportunity to invest in a stable, income-generating asset with significant potential for rent growth. Showings are available upon submission of an offer, subject to interior inspection. Don't miss your chance to secure this exceptional investment property in a highly desirable Montclair location!
- Listed by Erika Shinzato • DRE #01453324 • Brokerage DRE #01525571 • RE/Max Time • 323-314-3998
Property Details for 5163 Canoga Street
Parking Spaces Total
4
Private PoolNo
Cooling TypeWall/Window
Total Units4.0
Building TypeDetached
Lot Size SourceAssessor
Living Area3072
Assessor Parcel Number1010-622-32-0000
LISTING UPDATED: 11/08/2024 04:56 AM
Property Details for 5163 Canoga Street
Status | Active |
---|---|
MLS # | AR24167818 |
Days on Market | 101 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1958 |
Lot Size | 0.17 AC / 7,200 SF |
County | San Bernardino County |
Building Information for 5163 Canoga Street
Stories2Residences-Year Built1958Building Size-Lot Size0.17 AC / 7,200 SF
Property Information for 5163 Canoga Street
Property History for 5163 Canoga Street
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5163 Canoga Street
Taxable ValueLand$125,607Additions$414,500Total$540,107
Tax Record2024$5,932 ($494 / month)
Home Facts
Total Finished SqFt3,072 SqFtAbove Grade Finished SqFt3,072 SqFtLot Size7,200 SqFtStyleQuadraplexYear Built1958CountySAN BERNARDINOAPN1010-622-32-0000
Schools near 5163 Canoga Street
This home is within Chaffey Joint Union High School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 6 |
Rating | School | Distance |
---|---|---|
Montera Elementary School PublicK to 6 | ||
Vernon Middle School Public7 to 8 | ||
Montclair High School Public9 to 12 | ||
Buena Vista Arts-Integrated School PublicK to 6 |
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.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.