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

Bedrooms

4

Building size

3,592 sqft

Lot size

7,880 sqft

Year built

1962

Stories

2

Heating

Wall Furnace

Status

Active

Days on market

54

MLS #

246265633

About this property

MOTIVATED SELLERS. We are pleased to present 4484 La Deney Drive, Montclair, CA an exceptional opportunity to acquire a turnkey multifamily asset in a desirable residential neighborhood. The property features an attractive 100% two-bedroom, one-bathroom unit mix and has benefited from over $120,000 in recent capital improvements, providing investors with a low-maintenance asset offering strong in-place income and long-term stability. Current ownership has completed an extensive renovation program throughout the property, including fresh interior and exterior paint, roof maintenance, new flooring throughout all units, brand-new kitchen appliances (including dishwashers), new kitchen and bathroom cabinetry, new countertops, and the installation of washer/dryer hookups in each unit. Additionally, all units are equipped with built-in air conditioning, enhancing tenant comfort and marketability. The property also offers an excellent parking ratio with eight total on-site parking spaces, consisting of four covered carports and four additional uncovered spaces, a highly desirable amenity for tenants. Situated in an established residential neighborhood with convenient access to major employment centers, shopping, dining, schools, and freeways, 4484 La Deney Drive combines quality improvements, a desirable unit mix, and strong cash flow to create an outstanding investment opportunity with immediate income and long-term appreciation potential.

Location

4484 La Deney Street

Montclair, San Bernardino, CA, 91763