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7411 Napa Court Rancho Cucamonga, CA 91730
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Key Details
Sold Price $1,250,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID IV24042027
Bedrooms 9
HOA Fees $614/mo
Lot Size 8,500 Sqft
Property Description
This excellent income property is part of the Creekside Association with multiple quadruplex units as part of the HOA. 7411 Napa Court is a Quadruplex that offers excellent investment opportunity for a profitable rental property. All units are currently rented and generates an approximately gross annual scheduled income of $72,780.00 a year. The building consists of (1)- Three bedroom & 2 bath unit; (2) - Two bedroom & 2 baths units, and (1) - 2 bedroom & 1 bath unit. Building offers 4 carports with additional storage areas and a coin operated Laundry area that generates additional income. One of the units is currently undergoing new interior painting. The HOA offers common areas that provide a common pool and a large additional parking area that are all are covered in the monthly HOA dues. In addition the HOA maintains all lawn maintenance and gardening. This Prime location in upscale Rancho Cucamonga offers easy access to the 210, 15 and 10 freeways with an abundance of shopping, schools and restaurants nearby. A buyer can live in one and rent out the other 3 or rental all 4 units for a profitable income. Property was fully re-piped 8 years ago.
This excellent income property is part of the Creekside Association with multiple quadruplex units as part of the HOA. 7411 Napa Court is a Quadruplex that offers excellent investment opportunity for a profitable rental property. All units are currently rented and generates an approximately gross annual scheduled income of $72,780.00 a year. The building consists of (1)- Three bedroom & 2 bath unit; (2) - Two bedroom & 2 baths units, and (1) - 2 bedroom & 1 bath unit. Building offers 4 carports with additional storage areas and a coin operated Laundry area that generates additional income. One of the units is currently undergoing new interior painting. The HOA offers common areas that provide a common pool and a large additional parking area that are all are covered in the monthly HOA dues. In addition the HOA maintains all lawn maintenance and gardening. This Prime location in upscale Rancho Cucamonga offers easy access to the 210, 15 and 10 freeways with an abundance of shopping, schools and restaurants nearby. A buyer can live in one and rent out the other 3 or rental all 4 units for a profitable income. Property was fully re-piped 8 years ago.
Location
State CA
County San Bernardino
Area Rancho Cucamonga (91730)
Zoning Assessor
Interior
Cooling Wall/Window
Exterior
Pool Community/Common
Building
Lot Description Cul-De-Sac, Curbs, Sidewalks
Story 2
Others
Monthly Total Fees $675
Acceptable Financing Cash, Conventional, Exchange
Space Rent $1,700
Listing Terms Cash, Conventional, Exchange
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Bought with NON LISTED AGENT • San Diego