Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Apartment

Bedrooms

10

Building size

8,864 sqft

Lot size

19,631 sqft

Year built

1964

Stories

2

Garage spaces

0

Pool

None

Status

Active

Days on market

164

MLS #

241541605

About this property

2030–2040 Sierra Leone Ave presents a rare opportunity to acquire a 10-unit apartment complex in the highly desirable Rowland Heights, CA market. The property consists of two separate parcels: 2030 Sierra Leone Ave (six units) and 2040 Sierra Leone Ave (four units), with 2040 Sierra Leone qualifying for residential financing. The buildings total approximately 8,864 square feet and are situated on a spacious 19,631 square foot lot. Each unit features a 2-bedroom, 1-bathroom layout. All units are individually metered for gas and electricity. Each unit has their own on-site parking (total of 15 carport parking spaces and 3 open parking spaces). The property includes on-site common laundry facilities, offering added convenience for tenants and supplemental income. Recent capital improvements include roof upgrades, copper plumbing, and resurfaced parking areas. Extremely convenient location with easy access to retail stores, restaurants, coffee/tea shops etc.

Location

2040 Sierra Leone

Rowland Heights, Los Angeles, CA, 91748