2030 Sierra Leone Avenue new

Rowland Heights,CA 91748

$ 3250000

20 Beds

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR25042148

Bedrooms 20

HOA Y/N No

Lot Size 0.277 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

For sale is 2030-2040 Sierra Leone Avenue in Rowland Heights, a two-parcel, 10-unit apartment complex. The sale includes two adjacent apartment buildings: one 4-unit and one 6-unit, totaling 8,864 square feet. The property is situated on two parcels of fee-simple land, totaling approximately 0.45 acres, in the densely populated city of Rowland Heights. Eight of the units were constructed in 1963, with two additional units built in 1981. The two buildings can be sold together or separately. This well-maintained, two-story multifamily property is located in a highly desirable area. All units feature 2 bedrooms and 1 bathroom, with remodeled wood or tile flooring. Both buildings have been renovated, including updates to copper piping, a newer roof, two newly installed water heaters, and resurfaced parking (18 total carports or open parking spaces). The property is currently 90% occupied, with one unit available to be delivered vacant, offering the potential for increased rental income for the new owner. This is a rare opportunity to own a multifamily property in a high barrier-to-entry market.
For sale is 2030-2040 Sierra Leone Avenue in Rowland Heights, a two-parcel, 10-unit apartment complex. The sale includes two adjacent apartment buildings: one 4-unit and one 6-unit, totaling 8,864 square feet. The property is situated on two parcels of fee-simple land, totaling approximately 0.45 acres, in the densely populated city of Rowland Heights. Eight of the units were constructed in 1963, with two additional units built in 1981. The two buildings can be sold together or separately. This well-maintained, two-story multifamily property is located in a highly desirable area. All units feature 2 bedrooms and 1 bathroom, with remodeled wood or tile flooring. Both buildings have been renovated, including updates to copper piping, a newer roof, two newly installed water heaters, and resurfaced parking (18 total carports or open parking spaces). The property is currently 90% occupied, with one unit available to be delivered vacant, offering the potential for increased rental income for the new owner. This is a rare opportunity to own a multifamily property in a high barrier-to-entry market.

Location

State CA

County Los Angeles

Area Rowland Heights (91748)

Zoning Public Rec

Building

Story 2

Others

Space Rent $12,130

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