Properties
Upland, CA 91786 1097 Richland Street
$1,620,000
Presented By: Benjamin Lin with 1000 Realty Corporation; 626-233-3678
Baths • 1
SQFT • 4,400
Garage • 5
Home Details
Excellent income with big potential! Actual income is $123,414/yr. Great location with huge lot. The rent is below market. All 2 bedrooms and 1 bathroom. A big lot may build additional ADU or units. The buyer must verify with the City. Convenient location closed shopping center, school, freeway and supermarket. Short drive to Upland’s historic downtown, Montclair Plaza, and Claremont Village. Built in 1979. Each unit has 1 car garage with 1 parking space plus an additional one guess parking(11 parking total). No local rent control. Strong rental demand in the area.
Presented By: Benjamin Lin with 1000 Realty Corporation; 626-233-3678
Interior Features for 1097 Richland Street
Other Interior Features
Common Walls2+ Common Walls
Laundry FeaturesLaundry Room
Total Stories2
Other Rooms
Entry Level1
General for 1097 Richland Street
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Cap Rate5.65
CityUpland
Community FeaturesCurbs, Gutter(s)
CountySan Bernardino
DirectionsNorth of I-10 Freeway & East of S. Campus Ave.
Electric Expense303
Entry LocationFront
Fuel Expense1357
Garage Spaces5
Garage Y/NYes
Gross Income123414
HOANo
HOA Fee$
Insurance Expense1750
Land Lease Y/NNo
Listing TermsCash, Cash to New Loan
Lot Size Square Feet12802
Lot Size UnitsSquare Feet
MLS Area690 - Upland
Net Operating Income91526
New ConstructionNo
Number Of Units Total5
Open Parking Spaces6
Operating Expense31888
Pool FeaturesNone
PostalCityUPLAND
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot1
Taxes$20,250
Trash Expense2576
Water Sewer Expense4211
Year Built1979
Year Built SourcePublic Records
Exterior for 1097 Richland Street
Building Area Total4400
Lot Features2-5 Units/Acre
Lot Size Acres0.2939
Lot Size Area12802
Lot Size SourcePublic Records
Number of Buildings1
Number of Separate Electric Meters6
Number of Separate Gas Meters6
Number of Separate Water Meters1
Private PoolNo
Total Parking11
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
