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5163 Canoga Street

Montclair, CA 91763

$1,200,000

Listed Price
N/A

bed Beds

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shower Baths

N/A sqft

straighten / sqft

1958

calendar_month Built

Property Description

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!

Interior Features

Laundry Information
Location(s) Common Area
Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Interior Information
Cooling Type Wall/Window Unit(s)

Listing Information

Address 5163 Canoga Street
City Montclair
State CA
Zip 91763
County San Bernardino
Listing Agent Erika Shinzato DRE#01453324
Courtesy Of RE/Max Time
MLS AR24167818
List Price $1,200,000
HOA $0
Status Active
Type Residential Income
Subtype Quadruplex
Structure Size N/A
Lot Size 7,200
Year Built 1958
DOM 5

Exterior Information

Maps

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shower 1
straighten 780
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shower N/A
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Image

$4,895,000

king_bed N/A
shower N/A
straighten N/A
straighten 45,100
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Listing information courtesy of: Erika Shinzato, RE/Max Time . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 18th, 2024 at 2:31 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.