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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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357 Amber Court, Upland – $1,350,000

  • 10 Beds
  • 10 Baths
  • .23 Acres
  • 119 DOM
  • 10 Beds
  • 10 Baths
  • .23 Acres
  • 119 DOM

357 Amber Court

We are pleased to exclusively present the Amber Court Apartments, a five-unit multifamily investment opportunity located at 357 Amber Court in Upland, California.Built in 1962, the property is situated on a 0.234-acre corner lot and consists of approximately 5,493 building square feet. The unit mix includes four two-bedroom / one-and-a-half-bathroom townhome-style units, each approximately 1,100 square feet, and one single-level two-bedroom / two-bathroom unit of similar size. Each unit is equipped with washer and dryer hookups, central gas heating, wall-mounted air conditioning units, electric stove and oven, electric water heater, and a private enclosed patio. The property is individually metered for gas and electricity, with ownership responsible for water, sewer, and trash. With current rents estimated to be approximately 35% below market, the property presents a strong value-add opportunity for an investor seeking to reposition the asset and capture rental upside. Additionally, the offering includes the opportunity to implement annual rental increases in accordance with AB 1482, as the last rent increase occurred in 2024. Pro Forma CAP Rate of 7.13% and priced at $245.77 PSF, well-below replacement cost

Essential Information

  • MLS® #CV26106337
  • Price$1,350,000
  • Bedrooms10
  • Bathrooms10.00
  • Acres0.23
  • Year Built1962
  • TypeResidential Income
  • Sub-TypeApartment
  • StatusActive Under Contract

Community Information

  • Address357 Amber Court
  • Area690 - Upland
  • CityUpland
  • CountySan Bernardino
  • Zip Code91786

Amenities

  • Parking Spaces6
  • ParkingAssigned, Carport, On Site
  • # of Garages2
  • GaragesAssigned, Carport, On Site
  • PoolNone

Interior

  • # of Stories2

Exterior

  • Lot DescriptionSixteenToTwentyUnitsAcre

Additional Information

  • Date ListedMay 14th, 2026
  • Days on Market119

Listing Details

  • AgentGisele Pinedo
  • OfficeMARCUS & MILLICHAP
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Price Change History for 357 Amber Court, Upland, (MLS® #CV26106337)

Date Details Change
Status Changed from Active to Active Under Contract
Price Reduced from $1,475,000 to $1,350,000 $125,000 (8.47%)
Price Reduced from $1,550,000 to $1,475,000 $75,000 (4.84%)
Price Reduced from $1,625,000 to $1,550,000 $75,000 (4.62%)

Gisele Pinedo, MARCUS & MILLICHAP.

Based on information from California Regional Multiple Listing Service, Inc. as of September 12th, 2026 at 1:30am PDT. 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.