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    530 E 9th Street

    Upland, CA 91786
    • $1,320,000
    • STATUS: Pending
    • ON SITE: 38 days
    • ID#: PW21071930
    Pending
    UPDATED: 70 min ago
    $1,320,000
    • 0
      BEDS
    • 0.48
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,438
      SQFT
    • $243
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1954
    County:
    Area:

    School Ratings & Info

    Description

    Incredible investment and very rare opportunity for 2 single family detached homes built in the early 1900's but new roofs, new electrical, new pipes and plumbing, new flooring, new appliances, new lighting, high vaulted ceilings. 2 single family detached houses with private yards, each has it's own washer & dryer. A duplex built in 1954 which has 2 bedrooms 1 bath each and those are also in mint condition. The best of all is a working garage/warehouse. The tenant is in until July 2022 but can be given a 30 days notice at any time and all of the residential folks are on a month to month lease contract and they hope to stay. The garage warehouse tenant pays $3500 a month. There are 4 fully permitted lifts and 2 fully permitted lifts outside and the warehouse can be turned into almost anything and the auto garage is fully permitted. Great source of income just under $10,000 per month. The houses are rented for $1500, $1485, and the duplex is $1600 and $1500. The rents are low can be raised at any time. The garage tenant is paying $3500 currently. Great corner location next to vacant land slated for development for fine dining, entertainment, live work loft space. Incredible future development site. Value will continue to rise along with rents! Mixed use very rare opportunity. Drive by only all offers subject to interior inspection. Come on over and stay awhile and enjoy the beautiful downtown Upland atmosphere. Charming craftsman homes , views of Mt. Baldy, close to metro.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-15T11:33:52.113. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Zutila, Inc.. Licensed in the State of California, USA.
    www.myorangecountyhomesearcher.com/homes/115820236
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    530 E 9th Street Upland, CA 91786

    • Price: $1,320,000
    • Status: Pending
    • Updated: 70 min ago
    • ID#: PW21071930
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.48
    Acres
    5,438
    SQFT
    $243
    $/SQFT
    1954
    Built
    Neighborhood:
    690 - Upland
    County:
    San Bernardino
    Area:
    690 - Upland
    Property Description
    Incredible investment and very rare opportunity for 2 single family detached homes built in the early 1900's but new roofs, new electrical, new pipes and plumbing, new flooring, new appliances, new lighting, high vaulted ceilings. 2 single family detached houses with private yards, each has it's own washer & dryer. A duplex built in 1954 which has 2 bedrooms 1 bath each and those are also in mint condition. The best of all is a working garage/warehouse. The tenant is in until July 2022 but can be given a 30 days notice at any time and all of the residential folks are on a month to month lease contract and they hope to stay. The garage warehouse tenant pays $3500 a month. There are 4 fully permitted lifts and 2 fully permitted lifts outside and the warehouse can be turned into almost anything and the auto garage is fully permitted. Great source of income just under $10,000 per month. The houses are rented for $1500, $1485, and the duplex is $1600 and $1500. The rents are low can be raised at any time. The garage tenant is paying $3500 currently. Great corner location next to vacant land slated for development for fine dining, entertainment, live work loft space. Incredible future development site. Value will continue to rise along with rents! Mixed use very rare opportunity. Drive by only all offers subject to interior inspection. Come on over and stay awhile and enjoy the beautiful downtown Upland atmosphere. Charming craftsman homes , views of Mt. Baldy, close to metro.
    Exterior Features

    Architectural Style Craftsman Fencing Chain LinkWood Foundation Details CombinationRaised Lot Features 2-5 Units/AcreCorner LotLawn Number Of Separate Electric Meters 5 Other Structures Second GarageStorageWorkshop Parking Features Door-MultiGarageWorkshop in Garage Parking Total 6 Pool Features None Pool Private YN No Property Attached YN No Road Surface Type Paved Roof Composition Spa Features None Spa YN No View Mountain(S)Neighborhood View YN Yes

    Interior Features

    Appliances Water HeaterDryerWasher Common Walls No Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features NoneOutside Fireplace YN No Flooring CarpetLaminateTileVinylWood Heating Wall Furnace Heating YN Yes Interior Features High CeilingsOpen FloorplanAll Bedrooms DownBedroom On Main Level

    Property Features

    Additional Parcels YN No Common Interest None Community Features CurbsStreet Lights Disclosures Home Warranty Electric 220 Volts in Workshop Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 9345 Gross Scheduled Income 10585 Insurance Expense 1200 Land Lease YN No Laundry Features Laundry Room Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Conventional1031 ExchangeSubmit Net Operating Income 7585 New Construction YN No New Taxes Expense 8000 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Operating Expense 3000 Property Condition Updated/Remodeled Property Sub Type Mixed Use Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Trash Collection Trash Expense 720 Utilities Cable AvailableElectricity ConnectedSewer ConnectedWater Connected Water Sewer Expense 575 Water Source Public

    Listing provided courtesy of Donna Dostalik of Remax Unlimited R.E.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-15T11:33:52.113. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Zutila, Inc.. Licensed in the State of California, USA.
     
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