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22009 Grand Terrace Road
Grand Terrace CA 92313 US

$1,325,000

Active Listing ID CV24005128
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8 bed
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4.00 Bath (4 Full Bath)
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Lot: 7,600.00 Square Feet
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Quadruplex

$1,325,000

Active Listing ID CV24005128
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22009 Grand Terrace Road EXCELLENT INVESTMENT AND CASH FLOW OPPORTUNITY ! This upgraded Grand Terrace property represents an exceptional investment opportunity, characterized by robust cash flow! Nestled in the heart of Grand Terrace in the fast-growing Inland Empire region, the Grand Terrace Apartments have been well maintained and have impeccable strong financial performance. This offering presents a truly uncommon chance to acquire rental properties in one of the most coveted locations within the Inland Empire. Strategically positioned in close proximity to the 215/91 freeways, this property's roots date back to its construction in 1964. It comprises highly sought-after single-story, two-bedroom/one-bathroom units, each boasting private yards and individual washer/dryer hookups as well as recent upgrades that enhances tenant desirability. These features readily attract discerning renters inclined towards long-term occupancy, thereby ensuring a steady stream of rental income. Moreover, this property bestows upon the prospective buyer the prospect of further enhancing its value by incorporating an Accessory Dwelling Unit (ADU). Currently, the property enjoys full occupancy, showcasing its attractiveness to tenants. Exceptional quality, the scarcity of obtaining an investment property in the rapidly expanding city of Grand Terrace, the possibility of significant appreciation, and the potential addition of an ADU make this investment a remarkable opportunity for any astute apartment investor.

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Property Features

  • Facts
  • Lot Size: 7,600.00 Square Feet
  • Property Type: Residential Multi Family
  • Property Sub-type: Quadruplex
  • Features
  • Full Bathrooms: 4
  • Cooling System: Window Unit(s) A/C
  • Exterior Finish: Community Features Included: Biking, Gutters, Street Lights, 0-1 Unit/Acre, Lawn, Paved, Yard

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Quadruplex
  • listprice: 1325000
  • unparsedaddress: 22009 Grand Terrace Road
  • postalcity: Grand Terrace
  • stateorprovince: CA
  • country: US
  • postalcode: 92313
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.174471992653811
  • lotsizeunits: Square Feet
  • lotsizearea: 7600
  • livingarea: 3468
  • livingareaunits: Square Feet
  • listagentfullname: Zoram Luna
  • listagentemail: HOMES@zoraminc.com
  • listagentkey: 3yd-MRMLSCA-CV36208
  • listagentmlsid: CV36208
  • listagentpreferredphone: 9097253339
  • listagentofficephone: 9093730880
  • listofficekey: 3yd-MRMLSCA-2925
  • listagentstatelicense: 01743140
  • listofficemlsid: 2925
  • disclaimer: Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 1964
  • listingcontractdate: 2024-01-17
  • listagenturl: http://www.zoramhomes.com
  • countyorparish: San Bernardino
  • parcelnumber: 0275211380000
  • cooling: Window Unit(s) A/C
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 4
  • parkingfeatures: Carport
  • view: City
  • waterfrontyn: False
  • franchiseaffiliation: RE/MAX International
  • interiorfeatures: Parking
  • exteriorfeatures: Community Features Included: Biking, Gutters, Street Lights, 0-1 Unit/Acre, Lawn, Paved, Yard
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Living Room
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
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Listing Changed: 4/19/2024 2:43:42 AM GMT
Source Updated Date: 4/28/2024 6:53:11 AM GMT

Courtesy of: Zoram Luna, RE/MAX TIME REALTY, HOMES@zoraminc.com

Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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