Montclair, CA 91763,5125 BANDERA ST #A-L
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Montclair, CA 91763,5125 BANDERA ST #A-L
Montclair, CA 91763,5125 BANDERA ST #A-L
Montclair, CA 91763,5125 BANDERA ST #A-L
Montclair, CA 91763,5125 BANDERA ST #A-L

$4,321,500

Est. payment /mo

$4,350,000

0.7%
Est.Price: ?

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5125 BANDERA ST #A-L Montclair, CA 91763

24 Beds

12 Baths

10,044 SqFt

SOLD DATE : 11/02/2022

Key Details

Sold Price $4,321,500

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 10,044 sqft

Price per Sqft $430

MLS Listing ID 22160265

Sold Date 11/02/22

Bedrooms 24

HOA Y/N No

Year Built 1963

Lot Size 0.707 Acres

Property Description

GREAT PRICE with a 4.00% Cap Rate on Current Rents! We are pleased to present a One-Of-A-Kind Investment Opportunity in a prime Montclair neighborhood. This listing features TWELVE Spacious 2 Bedroom + 1 Bathroom Units (Approximately 837 Square Feet Each). The property consists of SIX Single-Story Detached Duplexes on a Large 30,800 Square Foot Lot, just a couple blocks from the Montclair Town Center. Property has been Meticulously Maintained under the same ownership for Over 35 Years! There are minimal landlord expenses as units are separately metered for Gas and Electricity. All units have central A/C, Dual Pane/Low-E Glass Windows, Garage Parking, Private Patios and Laundry Hook-Ups. Property has Strong In-Place Rents with Realistic Rental Upside. ALL Six Duplexes are separately parceled allowing a Buyer to utilize Residential 30 Year Fixed Financing. Many Recent Capital Improvements include Copper Plumbing - Horizontal & Vertical, and a New Roof in 2016. Tenants can appreciate being within a short commute to Downtown Montclair and the major freeways such as 10, 71 and 60. This is a Great Asset located in a Limited Inventory Market.

Location

State CA

County San Bernardino

Area 685 - Montclair

Zoning Multifamily

Interior

Cooling Central Air

Fireplace No

Exterior

Garage Garage, Uncovered

Garage Spaces 12.0

Garage Description 12.0

Parking Type Garage, Uncovered

Total Parking Spaces 36

Building

Story 1

New Construction No

Others

Senior Community No

Tax ID 1010611020000

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Shant Sherbetdjian • Remax Commercial and Investment Realty
Bought with Michele Sparks-Finn • Pacific Sotheby’s International Realty

Jacqueline Screeton

Agent | License ID: 01858560

+1(949) 395-4732

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