357 Amber Court, Upland, CA 91786
Local realty services provided by:Better Homes and Gardens Real Estate Champions
357 Amber Court,Upland, CA 91786
$1,340,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: gisele pinedo, kevin struve
Office: marcus & millichap909-456-3400
MLS#:CV26106337
Source:CRMLS
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Price summary
- Price:$1,340,000
About this home
We are pleased to exclusively present the Amber Court Apartments, a five-unit multifamily investment opportunity located at 357 Amber Court in Upland, California.Built in 1962, the property is situated on a 0.234-acre corner lot and consists of approximately 5,493 building square feet. The unit mix includes four two-bedroom / one-and-a-half-bathroom townhome-style units, each approximately 1,100 square feet, and one single-level two-bedroom / two-bathroom unit of similar size. Each unit is equipped with washer and dryer hookups, central gas heating, wall-mounted air conditioning units, electric stove and oven, electric water heater, and a private enclosed patio. The property is individually metered for gas and electricity, with ownership responsible for water, sewer, and trash. With current rents estimated to be approximately 35% below market, the property presents a strong value-add opportunity for an investor seeking to reposition the asset and capture rental upside. Additionally, the offering includes the opportunity to implement annual rental increases in accordance with AB 1482, as the last rent increase occurred in 2024. Pro Forma CAP Rate of 7.13% and priced at $245.77 PSF, well-below replacement cost...
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Home facts
- Year built:1962
- Listing ID #:CV26106337
- Added:136 day(s) ago
- Updated:September 29, 2026 at 12:24 PM
Structure and exterior
- Year built:1962
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,340,000
- Tax amount:$17,440
Parking
- Total parking spaces:6
- Parking description:4 Carport Space(s), Assigned, Carport, On Site
- Garage:Yes
- Garage spaces:2
- Carport spaces:4
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