10325 Lehigh Avenue

Montclair, CA 91763

  • 0 Bed(s)
  • 0 Bath(s)
  • 12,701 Sqft
  • 16080
    Sqft(Lot)
$3,600,000

Description

We are proud to present the lehigh apartments, a 13-unit multifamily asset located at 10325 lehigh avenue in the city of montclair. the property is located just 1-mile off the 10-fwy and adjacent to highly amenitized neighborhoods like city of ontario, claremont, pomona, and chino hills. some frequently travelled destinations within a 10- to 15-mile radius include the shops at chino hills, fox amphitheater, claremont village, ontario mills mall, toyota arena, and victoria gardens. more locally, tenants enjoy a short half-mile drive to montclair high school and convenient access to retailers like cardenas markets, mcdonalds, jack in the box, dollar tree, family dollar, in-n-out, and much more. lehigh apartments is a 13-unit multifamily asset with over ±12,700 sf of gross building area and sits on just over 16,000 sf of land. the property offers an excellent unit mix of one, 1-bedroom/1-bathroom, seven, 2-bedroom/2-bathroom, and five, 3-bedroom/2-bathroom apartments. the units average 830, 910, and 1,100 sf, respectively. tenants enjoy property amenities like well-maintained landscaping, open courtyard, secure gated access, on-site parking, and an on-site laundry facility. a new buyer will achieve significant cash-on-cash returns by assuming the current debt on the property. with a down payment of only ±$1,600,000, a new buyer will assume a fixed rate of 3.68% until 2029 with interest only payments until 2027. this investment is a great opportunity for a new, seasoned, or exchange investor.

  • Property Type

    Residential Income

  • County

    San Bernardino

  • Style

    Residential Income

  • AD ID

    47163862

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Cooling Features

    • Wall/Window Unit(s)
    • Air Conditioning

    Heating Source

    • Wall Furnace
    • Has Heating

  • Building Information

    • Year Built: 1962
    • Building Area Total: 12,701

    Pool Features

    • None

    Laundry Features

    • Common Area

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.3691
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 16080

  • Listing Price Information

    • Original List Price: 3,600,000
    • Listing Contract Date: 2024-10-11

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 1009501050000

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Pending
    • Source Neighborhood: 685 - Montclair
    • Directions: Merge onto I-10 W, Keep left to stay on I-10 W, Take exit 48 for Monte Vista Ave, Turn left onto Monte Vista Ave, Turn right onto Orchard St, Turn left onto Ramona Ave, Turn right onto Kingsley St, Turn left onto Lehigh Ave
    • Zoning: R-3
    • Source Property Type: Residential Income
    • Area: 685 - Montclair
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 62
    • Common Walls: 2+ Common Walls
    • Structure Type: Apartment
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: 1
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 11/16/2024 @ 20:39

  • MLS: CV24211611
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is recently sold, it has 12,701 sqft, 16,080 sized lot, and 0 parking. are nearby neighborhoods.