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143 E 1st Street

San Dimas, CA 91773
  • $2,200,000
  • STATUS: ACTIVE
  • ON SITE: 57 Days
  • ID#: CV23018174
UPDATED: 24 min ago
$2,200,000
  • 4
    BEDS
  • 0.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

This is a fantastic investment opportunity, situated in a peaceful and convenient area of San Dimas, across the street from Civic Center Park. Two separate parcels sit adjacent to one another, consisting of 1 quadplex and 2 Duplex's; 8 Total Units, plus 3 two car garages. Each unit offers 1 bedrooms, 1 bathroom, and a cozy living room. Quadplex that runs adjacent to Iglesia St. all have individual laundry rooms. Each unit also has its own separate entrance, allowing for privacy and independence for tenants. These properties have been in the same family for 40 years and has been under professional property management throughout their ownership. This property boasts a strong rental history with long-term tenants and a consistent income stream. Don't miss out on this rare chance to own a piece of prime San Dimas real estate. Properties are to be sold together, but can be financed using 2 separate loans, 1 for each parcel. This is a fantastic investment opportunity, situated in a peaceful and convenient area of San Dimas, across the street from Civic Center Park. Two separate parcels sit adjacent to one another, consisting of 1 quadplex and 2 Duplex's; 8 Total Units, plus 3 two car garages. Each unit offers 1 bedrooms, 1 bathroom, and a cozy living room. Quadplex that runs adjacent to Iglesia St. all have individual laundry rooms. Each unit also has its own separate entrance, allowing for privacy and independence for tenants. These properties have been in the same family for 40 years and has been under professional property management throughout their ownership. This property boasts a strong rental history with long-term tenants and a consistent income stream. Don't miss out on this rare chance to own a piece of prime San Dimas real estate. Properties are to be sold together, but can be financed using 2 separate loans, 1 for each parcel.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.sandiegoareahomesforsale.co/homes/136635132
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143 E 1st Street San Dimas, CA 91773

  • Price: $2,200,000
  • Status: ACTIVE
  • On Site: 57 Days
  • Updated: 24 min ago
  • ID#: CV23018174
4
Beds
0
Baths
0
½ Baths
0.33
Acres
Neighborhood:
San Dimas (91773)
County:
Los Angeles
Area:
San Dimas (91773)
Property Description
This is a fantastic investment opportunity, situated in a peaceful and convenient area of San Dimas, across the street from Civic Center Park. Two separate parcels sit adjacent to one another, consisting of 1 quadplex and 2 Duplex's; 8 Total Units, plus 3 two car garages. Each unit offers 1 bedrooms, 1 bathroom, and a cozy living room. Quadplex that runs adjacent to Iglesia St. all have individual laundry rooms. Each unit also has its own separate entrance, allowing for privacy and independence for tenants. These properties have been in the same family for 40 years and has been under professional property management throughout their ownership. This property boasts a strong rental history with long-term tenants and a consistent income stream. Don't miss out on this rare chance to own a piece of prime San Dimas real estate. Properties are to be sold together, but can be financed using 2 separate loans, 1 for each parcel. This is a fantastic investment opportunity, situated in a peaceful and convenient area of San Dimas, across the street from Civic Center Park. Two separate parcels sit adjacent to one another, consisting of 1 quadplex and 2 Duplex's; 8 Total Units, plus 3 two car garages. Each unit offers 1 bedrooms, 1 bathroom, and a cozy living room. Quadplex that runs adjacent to Iglesia St. all have individual laundry rooms. Each unit also has its own separate entrance, allowing for privacy and independence for tenants. These properties have been in the same family for 40 years and has been under professional property management throughout their ownership. This property boasts a strong rental history with long-term tenants and a consistent income stream. Don't miss out on this rare chance to own a piece of prime San Dimas real estate. Properties are to be sold together, but can be financed using 2 separate loans, 1 for each parcel.
Exterior Features

Pool N/K Site Corner LotSidewalks

Interior Features

Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1

Property Features

Actual Cap Rate 3.37 Annual Expense Actual 50967 Buildings 3 Cfd Mello Roos Fee 1432.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 114084 Monthly Total Fees 119 Tenant Pays ElectricityGas/Propane Terms CashConventionalExchange Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 1070.0 Unit2 Rent Actual 1097.0 Unit3 Rent Actual 1125.0 Unit4 Rent Actual 1125.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Kaleo Real Estate Company: [IDXCONTACTINFORMATION]. Listing information © 2023 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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Steven G. Fraioli & Associates
13176 Midbluff Ave
San Diego CA, 92128