Upland, CA 91784,2460 Forman Street
Upland, CA 91784,2460 Forman Street
Upland, CA 91784,2460 Forman Street
$1,100,000
Est. payment /mo
$910,000
20.9%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

8 Beds
4 Baths
0.72 Acres Lot
SOLD DATE : 04/26/2024

Key Details

Sold Price $1,100,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID HD24017799

Sold Date 04/26/24

Bedrooms 8

HOA Y/N No

Lot Size 0.716 Acres

Property Description

Four units in a gorgeous area near upscale estate style homes and just steps to San Antonio Park in Upland. This exquisite opportunity for either a four unit rental, or live in one and rent the others is a rare opportunity in this area. All units are two bedroom with one bath. The largest unit is 1,135 square feet, and the others are approximately 950 square feet, and two units at approximately 860 square feet each. Each unit is outfitted with a kitchen and has access to laundry. Addresses are 2460, 2466, 2468, and 2470 Forman St. 2460 has a one car garage. 2466 has a carport, 2470 has an enclosed carport, and 2468 has dedicated parking space. The property is enormous for the area at 31,185. The potential for redevelopment is also tremendous. As mentioned, this area is well developed with fine estate style homes so a grand design of a primary residence would be great in this location. Current owner has remodeled three of the units within the last couple of years. One unit got a new furnace installed in Feb 2024, and another had a furnace repair at the same time. Units are under lease through July, August, and October of 2024, and one went month to month in October of 2023. Rents are $1,400 (one unit), and $1,600 (three units). Property is currently under professional management.
Four units in a gorgeous area near upscale estate style homes and just steps to San Antonio Park in Upland. This exquisite opportunity for either a four unit rental, or live in one and rent the others is a rare opportunity in this area. All units are two bedroom with one bath. The largest unit is 1,135 square feet, and the others are approximately 950 square feet, and two units at approximately 860 square feet each. Each unit is outfitted with a kitchen and has access to laundry. Addresses are 2460, 2466, 2468, and 2470 Forman St. 2460 has a one car garage. 2466 has a carport, 2470 has an enclosed carport, and 2468 has dedicated parking space. The property is enormous for the area at 31,185. The potential for redevelopment is also tremendous. As mentioned, this area is well developed with fine estate style homes so a grand design of a primary residence would be great in this location. Current owner has remodeled three of the units within the last couple of years. One unit got a new furnace installed in Feb 2024, and another had a furnace repair at the same time. Units are under lease through July, August, and October of 2024, and one went month to month in October of 2023. Rents are $1,400 (one unit), and $1,600 (three units). Property is currently under professional management.

Location

State CA

County San Bernardino

Area Upland (91784)

Zoning Assessor

Interior

Cooling Other/Remarks

Appliance Other/Remarks

Exterior

Roof Type Composition

Building

Story 1

Sewer Septic Installed

Level or Stories 1 Story

Others

Monthly Total Fees $28

Acceptable Financing Cash, Conventional

Space Rent $74,400

Listing Terms Cash, Conventional

Financing Cash

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


San Diego Regional MLS (SDMLS)
Listed by Angela Knight • CENTURY 21 Desert Rock
Bought with Angela Knight • CENTURY 21 Desert Rock
agent-avatar

+1(858) 753-3353

kobezimmerman@bhhscalifornia.com

955 Orange Ave, Coronado, CA, 92118

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.