1947 Sierra Leone Ave, Rowland Heights, California 91748, Rowland Heights, 91748 - 0 bed, 0 bath
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Rowland Heights, California 91748
Analysis of 1947 Sierra Leone Ave, Rowland Heights, California 91748 is currently available with a list price of $3,115,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Rowland Heights Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1964, this 60-year-old property is dated, featuring older architectural styling and window AC units rather than modern central HVAC. While the listing claims significant capital improvements and the building appears well-maintained and fully occupied, the visible systems and utility areas suggest it requires modernization to move beyond a functional but dated status.
This 10-unit multi-family asset is fully occupied, providing the buyer with consistent rental income and immediate cash flow from the day of acquisition.
The current ownership has already completed significant capital improvements, which helps to reduce future maintenance liabilities and enhances the overall long-term value of the property.
Situated in Rowland Heights, one of the San Gabriel Valley's most sought-after rental markets, the property benefits from high tenant demand and a strong local economy.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =20473, other record lot size in square feet = 8996. Living area discrepancy between mls listing and other public or private record. mls listing living area = 7120, other record living area = 3500.
The requirement of an accepted offer prior to scheduling a viewing may limit the initial pool of buyers and complicates the traditional due diligence process.
Built in 1964, the property may still face challenges related to aging mechanical, electrical, or plumbing systems common in buildings of this vintage, despite recent improvements.
Rare opportunity to acquire a fully rented, income-producing multi-unit property in one of the San Gabriel Valley's most sought-after rental markets. This well-maintained asset offers immediate cash flow from day one, with all 10 units currently occupied and generating consistent rental income. Ownership has already completed many of the property's most significant capital improvements, helping reduce future maintenance and enhance long-term value. Inquire with the listing agent for further questions. Please kindly do not disturb tenants. Accepted offer needed before viewing can be scheduled.
No exterior & parking available.
No sensitive facilities data found.
Jun 10, 2026
$3,115,000
Initial Listing