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$3,100,000

  • For Sale
  • Active
  • Multi-Family
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6.28% Cap Rate - Strong Cash Flow with Approx. $240,000 Annual Gross Income. 6 Units are Townhome Style, 3 units with their private patios Exceptional investment opportunity in the highly desirable city of Upland! Built in 1986, this well-maintained two-story, 9-unit multifamily property offers a strong mix of spacious two-bedroom units-including six townhome-style units with 1.5 baths( 3- townhome style unit has private patio) and three upper-level units with 1 bath. Each residence is equipped with central AC and a dedicated 1-car garage for added convenience. Residents enjoy onsite laundry facilities and 10 additional surface parking spaces, for a total of 19 parking spots. All units are separately metered for gas and electricity, with water being master-metered. The property is fully occupied with long-term, reliable tenants and strong in-place rents, generating approximately $240,000 in annual gross income and offering a 6.28% cap rate with low operating expenses. Situated in a prime location near schools, shopping, historic Downtown Upland, and public transit, this asset presents stable cash flow and long-term appreciation potential. Drive-by only-please do not disturb tenants. Property to be sold AS IS, with interior access granted upon an accepted offer. Seller did improvements include: roof, AC units, and water heaters.

Full Property Details for 120 N 13th Ave

General

  • Price: $3,100,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: AR25232778
  • Updated: 12/10/2025
  • Days on Market: 99 days
  • Added to Site: 101 day(s) ago

Interior

  • Fireplace(s): None
  • Flooring: Carpet

Rooms

Other Rooms

  • Laundry: Common Area

Additional Information

  • Pool Description: None
  • Spa Description: None

Parking

  • Garage Spaces: 9
  • Parking Features: Assigned, Carport
  • Parking: Assigned, Carport

Location

  • Area: 690 - Upland
  • County: San Bernardino
  • Development Name: 690 - Upland
  • Driving Directions: E. Of Euclid Ave; S of Foothill Blvd

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 9
  • # Electric Meters: 9

Structural Information

  • Entry Location: 1
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 8,105
  • Year Built: 1986

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 5

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 6

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 7

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 8

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 9

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Lot Features

  • Property View: None
  • Lot Size (Acres): 0.375
  • Lot Size (Sq. Ft.): 16,335
  • Lot Size Source: Assessor
  • Lot Description: 6-10 Units/Acre

Financial Considerations

  • Price Per Sq. Ft.: $382.48
  • Price Per Unit: 344444

Disclosures and Reports

  • Exclusions: washer/dryer under leasing agreement

Listed by Coldwell Banker Envision, Margaret Sun

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Listing agent

— 120 N 13th Ave —

  • Margaret Sun

    Coldwell Banker Envision

626-616-2380

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 120 N 13th Ave

School District:Upland Unified School District
NameGradesDistance
Upland Elementary School
601 North 5th Avenue, Upland, CA 91786
K-60.8 mi
Upland Junior High School
444 E. 11th St., Upland, CA 91785
7-80.9 mi
Upland High School
565 West 11th Street, Upland, CA 91786
9-121.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 120 N 13th Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/09/2025
Listed
$3,100,000
148%
MLS
12/17/2013
Sold
$1,250,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 120 N 13th Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$16,706
3%
$1,532,329
2%
2024
$16,175
1%
$1,502,283
2%
2023
$15,937
2%
$1,472,827
2%
2022
$15,596
—
$1,443,948
2%
2021
$15,587
3%
$1,415,635
1%
2020
$15,165
—
$1,401,119
2%
2019
$15,113
3%
$1,373,646
2%
2018
$14,737
3%
$1,346,712
2%
2017
$14,313
3%
$1,320,306
2%
2016
$13,939
2%
$1,294,418
2%
2015
$13,621
3%
$1,274,975
2%
2014
$13,271
28%
$1,250,000
29%
2013
$10,397
—
$972,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 120 N 13th Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Coldwell Banker Envision, Margaret Sun

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120 N 13th Avenue, Upland, CA 91786 (MLS# AR25232778) is a Multi-Family property with 9 units containing 0 bedrooms and 0 full bathrooms. 120 N 13th Avenue is currently listed for $3,100,000 and was received on October 09, 2025. Want to learn more about 120 N 13th Avenue? Do you have questions about finding other Multi-Family real estate for sale in Upland? You can browse all Upland real estate or contact a Coldwell Banker agent to request more information.

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