5163 Canoga Street
Montclair, CA 91763
0.17 acres | #AR24167818
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!
Property Details
- Lot DescriptionLawn
- Stories2
Measurements
- Acres0.1653
Parking
- Parking Spaces4
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1958
Utilities / Energy Details
- Sewer InformationPublicSewer
- Utility SourcePublic
Community and Neighborhood Details
- CountySan Bernardino
Financial Details
- Original List Price$1,200,000
Other
- MLS #AR24167818
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. 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
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Erika Shinzato (#A36352)
Listing Office: RE/Max Time (#30454)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
