Est. cap rate

2.8%

Assumed rent, all units

$4,420/mo

Units

2

Price per unit

$475,000

Est. annual NOI

$26,520

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Duplex

Bedrooms

2

Building size

2,416 sqft

Lot size

6,980 sqft

Year built

1924

Stories

1

Garage spaces

2

Heating

Wall Furnace

Cooling

None

Pool

None

View

Neighborhood

Status

Active

Days on market

1

MLS #

248786747

About this property

TWO DETACHED HOMES. TWO BRAND-NEW KITCHENS. ONE INCREDIBLE UPLAND OPPORTUNITY! First time on the market! Discover a rare opportunity to own TWO DETACHED HOMES on one property at 505 N. Eighth Ave and 763 N. Arrow Highway in Upland, California. Now featuring BRAND-NEW KITCHENS in BOTH homes, complete with beautiful quartz countertops, updated cabinetry, and fresh, modern finishes! Offering approximately 2,416 combined square feet, 5 bedrooms, and 2 bathrooms, this unique property delivers flexibility, functionality, and possibilities that are hard to find. The front home at 505 N. Eighth Ave features 3 bedrooms, 1 bathroom, a welcoming front porch, and a private backyard. Its newly installed kitchen showcases crisp white shaker-style cabinetry, elegant quartz countertops, stainless steel appliances, and recessed lighting, creating a bright, modern space ready to enjoy. The second detached home at 763 N. Arrow Highway offers 2 bedrooms, 1 bathroom, its own BRAND-NEW KITCHEN with quartz countertops, and an enclosed carport offering a garage-like space and private driveway. Located behind the front residence, this home provides additional separation and privacy. Imagine the possibilities! Enjoy two independent living spaces on one property, whether for extended household needs, additional rental income potential, or simply the flexibility of having two separate residences. Additional improvements include updated kitchen and bathroom plumbing in the front home, a sprinkler system, and a newer sewer line extending from the rear home to the street. Both residences share one sewer line. The rear home also benefits from a bathroom remodel completed approximately eight years ago, exterior painting approximately four years ago, both homes have new interior paint and carpet / flooring. Conveniently located in the City of Upland, near shopping, restaurants, parks, schools, and commuter routes, this property combines an established neighborhood setting with everyday convenience. Properties offering TWO DETACHED HOMES with freshly renovated kitchens are a rare find. Whether you’re looking for added flexibility, investment potential, or room to create your own vision, this is an opportunity worth exploring. TWO HOMES. TWO NEW KITCHENS. ENDLESS POSSIBILITIES. Schedule your private showing today, because HOME STARTS WITH YOU!

Location

505 N 8th Avenue

Upland, San Bernardino, CA, 91786