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1097 Richland Street

Upland, CA 91786
  • $1,620,000
  • STATUS: Active
  • ON SITE: 933 Days
  • MLS #: AR22215701
UPDATED: 35 min ago
$1,620,000
  • 0
    BEDS
  • 0.29
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1979
County:
Area:

School Ratings & Info

Listing Agent(s): Benjamin Lin of 1000 Realty Corporation (626-656-8600)


Description

Excellent income with big potential! Actual income is $123,414/yr. Great location with huge lot. Rent is below market. All 2 bedrooms and 1 bathroom. Big lot may build additional ADU or units. The buyer must verify with City. Convenient location closed shopping center, school, freeway and supermarket. Built in 1979. Each unit has 1 car garage with 1 parking space plus additional one guess parking(11 parking total). No local rent control.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-25T11:29:40.097. 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 The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/133657077
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1097 Richland Street Upland, CA 91786

  • Price: $1,620,000
  • Status: Active
  • On Site: 933 Days
  • Updated: 35 min ago
  • MLS #: AR22215701
0
Beds
0
Baths
0
½ Baths
0.29
Acres
1979
Built
Neighborhood:
690 - Upland
County:
San Bernardino
Area:
690 - Upland
Property Description
Excellent income with big potential! Actual income is $123,414/yr. Great location with huge lot. Rent is below market. All 2 bedrooms and 1 bathroom. Big lot may build additional ADU or units. The buyer must verify with City. Convenient location closed shopping center, school, freeway and supermarket. Built in 1979. Each unit has 1 car garage with 1 parking space plus additional one guess parking(11 parking total). No local rent control.
Exterior Features

Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 6 Parking Total 5 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 5.65 Common Interest Community Apartment Community Features Curbs Electric Expense 303.27 Fuel Expense 1356 Garage YN Yes Gross Income 123414 Gross Scheduled Income 123414 Insurance Expense 1750 Land Lease YN No Laundry Features Laundry Room Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional Maintenance Expense 2576 Net Operating Income 91526.4 New Construction YN No New Taxes Expense 20250 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 1 Operating Expense 31887.6 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Trash Expense 0 Water Sewer Expense 4211.4 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-25T11:29:40.097. 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 The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Benjamin Lin of 1000 Realty Corporation (626-656-8600)