243 Vernon Drive, Upland, CA 91786

$1,215,000
Sold Price
$1,215,000
List Price
$1,255,000
Closing Date
Apr 29, 2024
MLS#
CV24037320
Status
SOLD
Type
Multifamily

Property Description

Welcome to this exceptional investment opportunity in Upland, CA! This meticulously maintained 4-unit property boasts a prime location walking distance from Downtown Upland, offering convenience and accessibility to various amenities. Situated in one of San Bernardino County's safest cities, this property provides peace of mind for both investors and tenants. With public transportation options mere blocks away, commuting is a breeze, making this property ideal for tenants seeking accessibility. Additionally, Upland Unified Schools are within a 1.5-mile radius, ensuring convenience for families with school-aged children. The surrounding area is rich in recreational opportunities, with a walking and bike trail just across the street, perfect for outdoor enthusiasts. Nearby city facilities, shopping centers and restaurants further enhance the appeal of this location. This well-established property features two duplexes, each offering a combination of one and two-bedroom units. Current tenants, with lengthy tenures, provide stability and income potential for prospective buyers. With current upgrades being done to the street including waterline replacements, water meters, sidewalks, and street enhancements, this property presents an attractive investment opportunity with immediate income potential and long-term value. Don't miss your chance to own this gem in Upland!

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Courtesy of SOUTHLAND PROPERTIES, BRANDON BECKWITH. Selling Office: EXP REALTY.