Skip To Content

2030 Sierra Leone Avenue

Rowland Heights, CA 91748
  • $3,500,000
  • STATUS: ACTIVE
  • ON SITE: 129 Days
  • ID#: AR23082435
UPDATED: 12 min ago
$3,500,000
  • 8
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Rare opportunity to own a high barrier to entry multifamily property! 2030 2040 Sierra Leone Ave. is a 2 parcel 10 unit (6 unit + 4 unit) apartment complex in the heart of Rowland Heights. All units are 2 Bedrooms + 1 Bathroom, totaling 8,864 square feet. These two parcels totaling +/- 0.45 acres of fee simple land. 100% occupied with more than 50% in rental upside potential. 18 total surface parking/carports. Both buildings are renovated with copper piping, one of the buildings was reroofed and upgraded electrical in 2022. Conveniently located to many shops, restaurants, Costco, Target as well as walking distance to HK Plaza and many popular Asian supermarkets. Rare opportunity to own a high barrier to entry multifamily property! 2030 2040 Sierra Leone Ave. is a 2 parcel 10 unit (6 unit + 4 unit) apartment complex in the heart of Rowland Heights. All units are 2 Bedrooms + 1 Bathroom, totaling 8,864 square feet. These two parcels totaling +/- 0.45 acres of fee simple land. 100% occupied with more than 50% in rental upside potential. 18 total surface parking/carports. Both buildings are renovated with copper piping, one of the buildings was reroofed and upgraded electrical in 2022. Conveniently located to many shops, restaurants, Costco, Target as well as walking distance to HK Plaza and many popular Asian supermarkets.

Monthly Payment Calculator

San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.lajollaagent.com/homes/139613779
Print Image

2030 Sierra Leone Avenue Rowland Heights, CA 91748

  • Price: $3,500,000
  • Status: ACTIVE
  • On Site: 129 Days
  • Updated: 12 min ago
  • ID#: AR23082435
8
Beds
0
Baths
0
½ Baths
0.28
Acres
Neighborhood:
Rowland Heights (91748)
County:
Los Angeles
Area:
Rowland Heights (91748)
Property Description
Rare opportunity to own a high barrier to entry multifamily property! 2030 2040 Sierra Leone Ave. is a 2 parcel 10 unit (6 unit + 4 unit) apartment complex in the heart of Rowland Heights. All units are 2 Bedrooms + 1 Bathroom, totaling 8,864 square feet. These two parcels totaling +/- 0.45 acres of fee simple land. 100% occupied with more than 50% in rental upside potential. 18 total surface parking/carports. Both buildings are renovated with copper piping, one of the buildings was reroofed and upgraded electrical in 2022. Conveniently located to many shops, restaurants, Costco, Target as well as walking distance to HK Plaza and many popular Asian supermarkets. Rare opportunity to own a high barrier to entry multifamily property! 2030 2040 Sierra Leone Ave. is a 2 parcel 10 unit (6 unit + 4 unit) apartment complex in the heart of Rowland Heights. All units are 2 Bedrooms + 1 Bathroom, totaling 8,864 square feet. These two parcels totaling +/- 0.45 acres of fee simple land. 100% occupied with more than 50% in rental upside potential. 18 total surface parking/carports. Both buildings are renovated with copper piping, one of the buildings was reroofed and upgraded electrical in 2022. Conveniently located to many shops, restaurants, Costco, Target as well as walking distance to HK Plaza and many popular Asian supermarkets.
Exterior Features

Parking Garage Desc Unit1 Assigned Pool N/K Site Sidewalks

Interior Features

Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1

Property Features

Annual Expense Actual 14973 Buildings 2 Cfd Mello Roos Fee 2096.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 156252 Home Owners Fees 0.0 Monthly Total Fees 174 Terms Cash Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 1166.0 Unit2 Rent Actual 1166.0 Unit3 Rent Actual 974.0 Unit4 Rent Actual 1122.0 Zoning Public Rec

San Diego MLS logo Listing provided courtesy of Lei Tong of Socal Premier Properties: 626-838-9923. Listing information © 2023 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_1_305928310-1.jpg https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_1_305928310-1.jpg https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_1_305928310-1.jpg
Logo
Compass
7863 Girard Ave. #208
La Jolla CA, 92037