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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
Questions?

120 N 13th Avenue, Upland – $3,100,000

  • 18 Beds
  • 15 Baths
  • .38 Acres
  • 38 DOM
  • 18 Beds
  • 15 Baths
  • .38 Acres
  • 38 DOM

120 N 13th Avenue

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.

Essential Information

  • MLS® #AR25232778
  • Price$3,100,000
  • Bedrooms18
  • Bathrooms15.00
  • Acres0.38
  • Year Built1986
  • TypeResidential Income
  • Sub-TypeApartment
  • StatusActive

Community Information

  • Address120 N 13th Avenue
  • Area690 - Upland
  • CityUpland
  • CountySan Bernardino
  • Zip Code91786

Amenities

  • Parking Spaces19
  • ParkingAssigned, Carport
  • # of Garages9
  • GaragesAssigned, Carport
  • ViewNone
  • PoolNone

Utilities

Electricity Connected, Natural Gas Connected

Interior

  • InteriorCarpet
  • HeatingCentral
  • CoolingCentral Air
  • FireplacesNone
  • # of Stories2
  • StoriesTwo

Exterior

  • Lot DescriptionSixToTenUnitsAcre

Additional Information

  • Date ListedOctober 9th, 2025
  • Days on Market38

Listing Details

  • AgentMargaret Sun

Office

Berkshire Hathaway Home Service

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Price Change History for 120 N 13th Avenue, Upland, (MLS® #AR25232778)

Date Details Change
Status Changed from Active Under Contract to Active
Status Changed from Active to Active Under Contract

Margaret Sun, Berkshire Hathaway Home Service.

Based on information from California Regional Multiple Listing Service, Inc. as of November 22nd, 2025 at 1:21pm PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.