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1428 Springfield Street

Upland, CA 91786
  • $1,400,000
  • STATUS: Active Under Contract
  • ON SITE: 21 Days
  • ID#: CV25041542
Under Contract
UPDATED: 49 min ago
$1,400,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1965
County:
Area:

School Ratings & Info

Listing Agent(s): Kevin Struve of MARCUS & MILLICHAP (909-456-3400)


Description

We are pleased to exclusively present the opportunity to acquire 1428 Springfield St, a 4-unit multi-family investment property located in the city of Upland, California. Constructed in 1965, the property sits on an 7,800 square feet parcel with a building area of 4,028 square feet. The property consists of four spacious two-bedroom / one & half bathroom floor plans with approximately 1,000 square feet per unit. The building offers its tenants garage parking and enclosed patio's in three units. Each unit is individually metered for gas and electricity, with the landlord responsible for water, sewer and trash. During long term ownership, the water lines have been upgraded to copper and each building is equipped with a 100-gallon water heater. The property is located in a prime rental area of Upland, offering both stable cash flow and future upside potential

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-19T08:25:44.31. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/160844635
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1428 Springfield Street Upland, CA 91786

  • Price: $1,400,000
  • Status: Active Under Contract
  • On Site: 21 Days
  • Updated: 49 min ago
  • ID#: CV25041542
0
Beds
0
Baths
0
½ Baths
0.18
Acres
1965
Built
Neighborhood:
690 - Upland
County:
San Bernardino
Area:
690 - Upland
Property Description
We are pleased to exclusively present the opportunity to acquire 1428 Springfield St, a 4-unit multi-family investment property located in the city of Upland, California. Constructed in 1965, the property sits on an 7,800 square feet parcel with a building area of 4,028 square feet. The property consists of four spacious two-bedroom / one & half bathroom floor plans with approximately 1,000 square feet per unit. The building offers its tenants garage parking and enclosed patio's in three units. Each unit is individually metered for gas and electricity, with the landlord responsible for water, sewer and trash. During long term ownership, the water lines have been upgraded to copper and each building is equipped with a 100-gallon water heater. The property is located in a prime rental area of Upland, offering both stable cash flow and future upside potential
Exterior Features

Entry Level 1 Entry Location Flat Lot Features 16-20 Units/Acre Number Of Separate Electric Meters 4 Open Parking Spaces 2 Parking Total 6 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Common Interest None Community Features Sidewalks Electric Expense 509 Garage YN Yes Gross Income 76800 Gross Scheduled Income 76800 Insurance Expense 4029 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan Maintenance Expense 4000 Net Operating Income 43574 New Construction YN No New Taxes Expense 14837 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 30922 Pest Control Expense 200 Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 6400 Trash Expense 1413 Water Sewer Expense 2562 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-19T08:25:44.31. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Keller Williams
5110 W. Cypress Ave.
Visalia CA, 93277
Listing Agent(s): Kevin Struve of MARCUS & MILLICHAP (909-456-3400)