Description
Exceptional multi-family investment opportunity in montclair!
discover the rare opportunity to own a 4-unit complex at 5163 canoga street in the heart of montclair. this well-maintained property offers four spacious units, each featuring 2 bedrooms and 1 bath. the units are currently occupied by long-term, stable tenants, making this an excellent investment with the potential to increase income by stabilizing rents and achieving a strong cap rate.
the property has been thoughtfully updated, with the entire roof recently replaced, ensuring minimal maintenance for years to come. the complex also benefits from copper plumbing throughout and a newer water heater, adding to the overall value and appeal. some of the kitchen cabinets have been remodeled, offering a modern touch that enhances the living experience for tenants.
each unit comes with its own single-car garage, conveniently located at the rear of the property with alley access, while ample street parking is available for guests. an on-site laundry room, equipped with an owned washer and dryer, provides additional convenience for residents.
situated in a prime location, the property is just moments away from central avenue, the 10 freeway, and montclair plaza, making it ideal for tenants seeking easy access to shopping, dining, and entertainment. families with children will also appreciate the excellent montclair schools nearby.
this property presents a unique opportunity to invest in a stable, income-generating asset with significant potential for rent growth. showings are available upon submission of an offer, subject to interior inspection.
don't miss your chance to secure this exceptional investment property in a highly desirable montclair location!
Property Type
Residential IncomeCounty
San BernardinoStyle
Residential IncomeAD ID
46636976
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Roof : Composition
Cooling Features
- Wall/Window Unit(s)
- Air Conditioning
Heating Source
- Wall Furnace
- Has Heating
-
Exterior Features
Building Information
- Year Built: 1958
- Building Area Total: 3,072
- Construction: Copper Plumbing
- Roof: Composition
Pool Features
- None
Laundry Features
- Common Area
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1653
- Lot Size Source: Assessor
- Lot Size Square Feet: 7200
-
Listing Information
Listing Price Information
- Original List Price: 1,200,000
- Listing Contract Date: 2024-08-14
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 1010622320000
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Garage
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Electricity,Gas
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 685 - Montclair
- Postal Code Plus 4: 4430
- Directions: W/Central Avenue, N/ Holt Blvd
- Zoning: R3
- Source Property Type: Residential Income
- Area: 685 - Montclair
- Property SubType: Quadruplex
Building and Construction
- Property Age: 66
- Common Walls: No Common Walls
- Structure Type: Quadruplex
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: Front Door
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 11/15/2024 @ 00:30
- MLS: AR24167818
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 8 bedrooms which is for sale, it has 3,072 sqft, 7,200 sized lot, and 4 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Montclair , in zip code 91763, this San Bernardino County Home are nearby neighborhoods.