5125 BANDERA STREET, MONTCLAIR CA 91763
- 10,044 sq.ft.
- 30,800 sq.ft. lot
GREAT PRICE with a 4.00% Cap Rate on Current Rents! We are pleased to present a One-Of-A-Kind Investment Opportunity in a prime Montclair neighborhood. This listing features TWELVE Spacious 2 Bedroom + 1 Bathroom Units (Approximately 837 Square Feet Each). The property consists of SIX Single-Story Detached Duplexes on a Large 30,800 Square Foot Lot, just a couple blocks from the Montclair Town Center. Property has been Meticulously Maintained under the same ownership for Over 35 Years! There are minimal landlord expenses as units are separately metered for Gas and Electricity. All units have central A/C, Dual Pane/Low-E Glass Windows, Garage Parking, Private Patios and Laundry Hook-Ups. Property has Strong In-Place Rents with Realistic Rental Upside. ALL Six Duplexes are separately parceled allowing a Buyer to utilize Residential 30 Year Fixed Financing. Many Recent Capital Improvements include Copper Plumbing - Horizontal & Vertical, and a New Roof in 2016. Tenants can appreciate being within a short commute to Downtown Montclair and the major freeways such as 10, 71 and 60. This is a Great Asset located in a Limited Inventory Market.
Listing Courtesy of Shant Sherbetdjian, Remax Commercial and Investment Realty
jessica jones marquardtRealtor | Executive Assistant |
- cell 909.228.4243
- office 714.482.6362
Based on information from California Regional Multiple Listing Service, Inc. as of August 10, 2022. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.