
Rowland Heights, California 91748
This Prime Investment Opportunity is a 4-unit Residential Income asset listed at $1,680,000, positioned well below the $1,731,310 Fair Market Value by 2%. This valuation gap offers $51,310 in Instant Equity. With a Condition Rating of 4, the property features a spacious 3-bedroom owner-occupant unit and three 2-bedroom units. Located in a high-demand rental market, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking stable income and long-term appreciation potential.
Property is moderate renovation needed.
The property was built in 1977 (47 years old) and lacks mention of recent renovations to kitchens, bathrooms, or major systems. While functional and fully occupied, the exterior shows signs of age such as weathered wood fencing and dated architectural details. Given the 'long-term tenants' and 'below market rents,' the interiors and systems are likely dated and will require updates to meet modern standards.
Situated in a high-demand rental market near top-rated schools, shopping, and major freeways (10, 60, and 57), ensuring consistent occupancy and convenience for tenants.
With all units currently occupied by long-term tenants at below-market rates, the property offers a prime value-add opportunity to increase rental income and overall ROI.
The inclusion of a spacious 3-bedroom, 2-bathroom unit with cathedral ceilings and a fireplace provides an excellent opportunity for an owner-occupant to live on-site while generating income.
Constructed in 1977, the property may require near-term capital improvements or maintenance updates to systems and finishes to remain competitive and efficient.
The presence of long-term tenants at below-market rents may delay the immediate realization of the property's full income potential due to existing lease agreements.
Prime investment opportunity in one of the most desirable rental areas of Rowland Heights! Rarely available 4-unit property located in a quiet, clean, and highly sought-after neighborhood. Excellent location within short distance to middle and elementary schools, with supermarkets, restaurants, shopping centers, bus stops, and parks all nearby. Convenient access to the 10, 60, and 57 freeways makes commuting easy for tenants and owners alike. This attractive garden condo-style multifamily property features:One spacious 3 Bedroom / 2 Bathroom unit with fireplace, cathedral ceiling, inside laundry hookups, ideal for owner occupancy. Three 2 Bedroom / 1.5 Bathroom units, each unit with its own detached 2-car garage. Plenty of additional street parking, Building with approx. 4,194 SF living area on a large 8,339 SF lot, Built in 1977, Each unit includes private outdoor space, either a patio or deck. Upstairs units feature private decks. All 4 units are fully occupied with long-term tenants. Current rents are below market, offering strong upside potential for future rental income growth. Due to the excellent location, attractive layout, and strong rental demand in Rowland Heights, the property has consistently maintained full occupancy and is easy to manage and maintain. Excellent opportunity for investors or owner-users seeking stable income with future appreciation potential. Multifamily zoning in a prime high-demand rental market makes this a hard-to-find asset.
No exterior & parking available.
No sensitive facilities data found.
May 29, 2026
$1,680,000
Initial Listing