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2030 Sierra Leone Avenue

Rowland Heights, CA 91748
  • $3,250,000
  • STATUS: Active
  • ON SITE: 16 Days
  • ID#: AR25042148
UPDATED: 27 min ago
$3,250,000
  • 0
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1964
County:

School Ratings & Info

Listing Agent(s): Danni Shen of Harvest Realty Development (626-593-7456)


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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-17T00:25:52.877. 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/160932124
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2030 Sierra Leone Avenue Rowland Heights, CA 91748

  • Price: $3,250,000
  • Status: Active
  • On Site: 16 Days
  • Updated: 27 min ago
  • ID#: AR25042148
0
Beds
0
Baths
0
½ Baths
0.28
Acres
1964
Built
Neighborhood:
652 - Rowland Heights
County:
Los Angeles
Area:
652 - Rowland Heights
Property 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.
Exterior Features

Carport Spaces 15 Carport YN Yes Entry Level 1 Entry Location main level Lot Features 6-10 Units/Acre Number Of Separate Electric Meters 10 Parking Total 15 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls

Property Features

Additional Parcels YN Yes Common Interest Community Apartment Community Features Suburban Electric Expense 100 Fuel Expense 450 Garage YN No Gross Income 168360 Gross Scheduled Income 168360 Insurance Expense 500 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash to New Loan Net Operating Income 158360 New Construction YN No Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 10000 Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 130 Vacancy Allowance Rate 3 Water Sewer Expense 650 Water Source Public Zoning LCR3*



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-17T00:25:52.877. 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): Danni Shen of Harvest Realty Development (626-593-7456)