424 W 7th Street, Upland, California 91786, Upland, 91786 - bed, bath
ACTIVE$1,670,000
424 W 7th Street, Upland, California 91786
0Bed
0Bath
4,270Sqft
23,300Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Strong Investment Opportunity: This 7-unit property on a generous 1/2 acre lot presents a significant income-generating investment opportunity in a desirable residential neighborhood.
Top Cons:
Legal Non-Conforming Status: The property is legal non-conforming with 7 units but permitted for only 5, which poses a significant legal and regulatory risk, potentially impacting financing, insurance, or future operations.
Compared to the nearby listings
Compared against 0 nearby listings
More Insights
Built in 1908 (117 years old).
Condition: Despite being built in 1908, the listing explicitly states the property has been 'recently upgraded throughout' with 'substantial significant improvements,' including a 'newer roof and remodeled units.' While interior images are not provided to verify the extent of these remodels in kitchens and bathrooms, the description strongly suggests that the units are move-in ready and well-maintained. The exterior images also show a well-kept property, supporting the claim of recent upkeep. This aligns with the 'Good' criteria for properties extensively renovated within the last 5 to 15 years, where systems are well-maintained and functional.
Year Built
1908
Close
-
List price
$1.67M
Original List price
$1.67M
Price/Sqft
$391
HOA
-
Days on market
-
Sold On
-
MLS number
CV25057007
Home ConditionGood
Features
View-
About this home
*Location*Location*Location* See this Desirable Investment Opportunity in an Excellent Residential Neighborhood. This 7-unit property on a 1/2 acre lot has plenty of parking and is well maintained. The property has been recently upgraded throughout and the owner has made substantial significant improvements. Newer roof and remodeled units. The property has easy access to the freeways and is close to all the restaurants, grocery stores, parks and local schools. Property is legal non-conforming 7 units and permitted for 5.
Condition Rating
Good
Despite being built in 1908, the listing explicitly states the property has been 'recently upgraded throughout' with 'substantial significant improvements,' including a 'newer roof and remodeled units.' While interior images are not provided to verify the extent of these remodels in kitchens and bathrooms, the description strongly suggests that the units are move-in ready and well-maintained. The exterior images also show a well-kept property, supporting the claim of recent upkeep. This aligns with the 'Good' criteria for properties extensively renovated within the last 5 to 15 years, where systems are well-maintained and functional.
Pros & Cons
Pros
Strong Investment Opportunity: This 7-unit property on a generous 1/2 acre lot presents a significant income-generating investment opportunity in a desirable residential neighborhood.
Prime Location & Accessibility: Situated in an excellent residential neighborhood, the property offers easy access to freeways and is conveniently close to restaurants, grocery stores, parks, and local schools, enhancing tenant appeal.
Extensive Recent Upgrades: The property has been well-maintained, recently upgraded throughout, and features substantial improvements including a newer roof and remodeled units, reducing immediate capital expenditure for a new owner.
High Unit Count & Large Lot: With 7 units on a substantial 23,300 sqft (1/2 acre) lot, the property offers significant rental income potential and ample space for tenants.
Ample Parking: The property provides plenty of parking, a crucial amenity for a multi-unit dwelling that enhances tenant satisfaction and property functionality.
Cons
Legal Non-Conforming Status: The property is legal non-conforming with 7 units but permitted for only 5, which poses a significant legal and regulatory risk, potentially impacting financing, insurance, or future operations.
Age of Property: Built in 1908, despite recent upgrades, the property's age may still lead to unforeseen maintenance issues related to older infrastructure, such as plumbing, electrical, or foundation systems.
Regulatory Compliance Risk: The discrepancy between the existing unit count and permitted unit count creates a substantial regulatory compliance risk, which could lead to fines, forced unit removal, or complications with local authorities.