838 Sycamore Court, Upland, California 91786, Upland, 91786 - 6 bed, 3 bath
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838 Sycamore Court
Upland, California 91786
ACTIVE
CONDITION: FAIR
6Beds
3Baths
2,511Sq Ft
7,680Lot Size
Property Price
LIST PRICE$1,100,000
EST. MARKET VALUE
$1,049,243
4% AboveMARKET VALUE
SUMMARY
This triplex presents a High-Potential Investment Opportunity with a List Price of $1,100,000—positioned above the $1,047,034 Fair Market Value. While priced slightly above current estimates, the property offers significant upside through its Condition Rating of 4, which allows for modernization to capture market-rate rents. Featuring private garages and fenced yards for each unit, this Triplex asset is designed for Buy-and-Hold Investors and Value-Add Investors seeking to capitalize on below-market rents and strong rental demand in the Upland area.
Estimated Market Value
$1,049,243
Based on Realkey algorithm analyzing recent comparable sales in Upland.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 838 Sycamore Court Subject | $1,100,000* List Price | 6 | 3 | 2,511 | $418 | - |
A 548 N 2nd Avenue Sold | $888,000 | 4 | 3 | 2,171 | $409 | 1.0 mi |
B 404 N 9th Sold | $780,000 | 5 | 2 | 1,822 | $428 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property was built in 1956 and is described as a 'value-add' investment, indicating it is dated and requires modernization. While the interior shows some past updates to the kitchen (cabinets and countertops) and flooring, the systems are aged, featuring wall heaters and window AC units rather than modern central HVAC.
PROSSTRENGTHS & OPPORTUNITIES
- Substantial Value-Add Potential
With current rents positioned below market rates, this triplex offers a significant opportunity for investors to realize upside potential and increase net operating income as units turn over.
- Highly Desirable Unit Features
Each 2-bedroom unit includes its own private garage and fenced yard, premium amenities that drive tenant demand, improve retention, and justify higher rental premiums.
- Low Owner Utility Expenses
The utility structure requires tenants to pay for all services except water, effectively lowering the owner's monthly operating costs and protecting the bottom line against utility rate hikes.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Constructed in 1956, the property may necessitate higher long-term capital expenditures for maintenance or upgrades to major systems compared to more modern builds.
- Immediate Cash Flow Limitations
The current below-market rent rolls may result in a lower initial cap rate, requiring an investor to navigate lease expirations before achieving the property's full income-producing potential.
About 838 Sycamore Court
Excellent value-add investment opportunity in desirable Upland! Well-maintained triplex featuring three 2-bedroom, 1-bath units, each with its own private garage and fenced yard. Tenants pay all utilities except water. Current rents are below market, providing substantial upside potential as units turn over. Ideal for investors looking to increase cash flow while owning a quality multifamily asset in a strong rental market.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1956
- Lot Size
- 7,680 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,511 | 2,791 |
| Lot Size | 7,680 | 7,874.667 |
| Price | $1.10M | $920.6K |
| Price per sq ft | $438 | $412 |
| Built year | 1956 | 1951 |
| HOA | $0 | $109 |
| Days on market | 37 | 70 |
Pricing History
Listed for Sale
Aug 3, 2026
$1,100,000
Initial Listing
Sold
Jun 12, 1998
$145,000
Public Record