Grand Terrace, CA 92313,22009 Grand Terrace RD
Grand Terrace, CA 92313,22009 Grand Terrace RD
Grand Terrace, CA 92313,22009 Grand Terrace RD
6
$1,175,000
$1,250,000
6.0%
Est.Price: ?

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7,600 Sqft Lot

22009 Grand Terrace RD Grand Terrace, CA 92313

Est. payment /mo
SOLD DATE : 05/04/2022

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Key Details

Sold Price $1,175,000

Property Type Multi-Family

Sub Type Fourplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CRPW22027676

Sold Date 05/04/22

Originating Board California Regional MLS

Year Built 1964

Lot Size 7,600 Sqft

Property Description

HIGHLY MOTIVATED SELLER! 1031 EXCHANGE REPLACEMENT PROPERTY ALREADY LOCATED. ALL OFFERS TO BE CONSIDERED. Grand Terrace Apartments is a cash flowing 4-unit apartment complex located in the heart of Grand Terrace. The Grand Terrace Apartments is an exceptionally well-maintained property with excellent financials. It presents an extremely rare opportunity to purchase Grand Terrace rentals, one of the most upscale rental locations in the Inland Empire. Built-in 1964 and comprised of highly desirable single-story, two bedroom/one bathroom units with large, private yards and washer/dryer hookups for each tenant. These qualities attract high-paying renters with long-term stays. The property also offers the new Buyer the potential to add an ADU (Accessory Dwelling Unit) and the Seller has already created a rendering for this added unit. The quality and rareness to obtain a Grand Terrace investment combined with substantial upside and ADU potential makes this unique investment the perfect find for any apartment investor.

Location

State CA

County San Bernardino

Area 266 - Grand Terrace

Interior

Heating No Heating

Cooling Window / Wall Unit

Laundry 38

Exterior

Garage Spaces 8.0

Pool None

Building

Story One Story

Water District - Public

Others

Tax ID 0275211380000

Special Listing Condition Not Applicable

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MLS Listing IDX PLUS
Listed by Hunter Wetton • Morgan Skenderian
Bought with ZORAM LUNA

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Epique Realty

Company | License ID: DRE01797917

+1(512) 387-0722

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