120 N 13th Avenue Upland, CA 91786
Listing Courtesy of: CRMLS / Coldwell Banker Envision / Margaret Sun - Contact:  626-616-2380

  120 N 13th Avenue Upland, CA 91786

Active (91 Days)
$3,100,000 (USD)

Description

6.28% Cap Rate – Strong Cash Flow with Approx. $240,000 Annual Gross Income. 6 Units are Townhome Style, 3 units with their private patios



Exceptional investment opportunity in the highly desirable city of Upland! Built in 1986, this well-maintained two-story, 9-unit multifamily property offers a strong mix of spacious two-bedroom units—including six townhome-style units with 1.5 baths( 3- townhome style unit has private patio) and three upper-level units with 1 bath. Each residence is equipped with central AC and a dedicated 1-car garage for added convenience. Residents enjoy onsite laundry facilities and 10 additional surface parking spaces, for a total of 19 parking spots. All units are separately metered for gas and electricity, with water being master-metered. The property is fully occupied with long-term, reliable tenants and strong in-place rents, generating approximately $240,000 in annual gross income and offering a 6.28% cap rate with low operating expenses. Situated in a prime location near schools, shopping, historic Downtown Upland, and public transit, this asset presents stable cash flow and long-term appreciation potential. Drive-by only—please do not disturb tenants. Property to be sold AS IS, with interior access granted upon an accepted offer. Seller did improvements include: roof, AC units, and water heaters.

MLS #:
AR25232778
Lot Size
0.38 acres
Type
Multifamily
Year Built
1986
County
San Bernardino County

Listed By

Margaret Sun, DRE #01278646 CA, Coldwell Banker Envision, Contact: 626-616-2380
Source
CRMLS
Last checked Jan 11 2026 at 4:51 PM GMT+0000
Bathroom Details
Interior Features
  • Laundry: Common Area
Heating and Cooling
  • Central
  • Central Air
Flooring
  • Carpet
Utility Information
  • Utilities: Electricity Connected, Natural Gas Connected, Water Source: Public
  • Sewer: Public Sewer
Parking
  • Assigned
  • Carport
Stories
  • 2
Additional Information: Envision | 626-616-2380
Location
   
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Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.