Listed by 323-314-3998 - Erika Shinzato - DRE #01453324 - RE/Max Time 909-373-0880
$1,200,000 affordable loan icon Calculate Payment

5163 Canoga Street Montclair, CA 91763

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Fourplex Residence
Beds
Baths
3,072 Sq. Ft.
0.17 Acre Lot

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Last updated on 11/15/2024 12:43 PM
Exceptional Multi-Family Investment Opportunity in Montclair! Discover the rare opportunity to own a 4-unit complex at 5163 Canoga Street in the heart of Montclair. This well-maintained property offers four spacious units, each featuring 2 bedrooms and 1 bath. The units are currently occupied by ...long-term, stable tenants, making this an excellent investment with the potential to increase income by stabilizing rents and achieving a strong cap rate. The property has been thoughtfully updated, with the entire roof recently replaced, ensuring minimal maintenance for years to come. The complex also benefits from copper plumbing throughout and a newer water heater, adding to the overall value and appeal. Some of the kitchen cabinets have been remodeled, offering a modern touch that enhances the living experience for tenants. Each unit comes with its own single-car garage, conveniently located at the rear of the property with alley access, while ample street parking is available for guests. An on-site laundry room, equipped with an owned washer and dryer, provides additional convenience for residents. Situated in a prime location, the property is just moments away from Central Avenue, the 10 Freeway, and Montclair Plaza, making it ideal for tenants seeking easy access to shopping, dining, and entertainment. Families with children will also appreciate the excellent Montclair schools nearby. This property presents a unique opportunity to invest in a stable, income-generating asset with significant potential for rent growth. Showings are available upon submission of an offer, subject to interior inspection. Don't miss your chance to secure this exceptional investment property in a highly desirable Montclair location! Continue reading
MLS#
AR24167818
Property Type
Fourplex
Status
Year Built
1958
Square Feet
3,072 sq. ft
Lot Size
0.17
Stories
2.0
Sewer
Public Sewer

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Listed by 323-314-3998 - Erika Shinzato - DRE #01453324 - RE/Max Time 909-373-0880
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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This content last refreshed on 11/15/2024 12:43 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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