Description
For sale is 2030-2040 sierra leone avenue in rowland heights, a two-parcel, 10-unit apartment complex. the sale includes two adjacent apartment buildings: one 4-unit and one 6-unit, totaling 8,864 square feet. the property is situated on two parcels of fee-simple land, totaling approximately 0.45 acres, in the densely populated city of rowland heights. eight of the units were constructed in 1963, with two additional units built in 1981. the two buildings can be sold together or separately.
this well-maintained, two-story multifamily property is located in a highly desirable area. all units feature 2 bedrooms and 1 bathroom, with remodeled wood or tile flooring. both buildings have been renovated, including updates to copper piping, a newer roof, two newly installed water heaters, and resurfaced parking (18 total carports or open parking spaces).
the property is currently 90% occupied, with one unit available to be delivered vacant, offering the potential for increased rental income for the new owner. this is a rare opportunity to own a multifamily property in a high barrier-to-entry market.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
48760905
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
-
Exterior Features
Building Information
- Year Built: 1964
- Building Area Total: 8,864
Pool Features
- None
Laundry Features
- Common Area
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.2772
- Lot Size Source: Assessor
- Lot Size Square Feet: 12074
-
Listing Information
Listing Price Information
- Original List Price: 3,250,000
- Listing Contract Date: 2025-02-25
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 8253003004
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 652 - Rowland Heights
- Directions: Located south of Colima Rd, east of Fullerton Rd, west of Nogales st andd north of Pathfinder Rd
- Zoning: LCR3*
- Source Property Type: Residential Income
- Area: 652 - Rowland Heights
- Property SubType: Apartment
Building and Construction
- Property Age: 61
- Common Walls: No Common Walls
- Structure Type: Apartment
- Year Built Source: Public Records
- Entry Level: 1
- Entry Location: main level
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BuyOwner last updated this listing 04/12/2025 @ 04:58
- MLS: AR25042148
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 8,864 sqft, 12,074 sized lot, and 0 parking. are nearby neighborhoods.