1917 Sierra Leone Ave, Rowland Heights, CA 91748
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1917 Sierra Leone Ave Rowland Heights, CA 91748

$2,475,000
  • 16 Beds
  • 8 Baths
  • 7,000 Sq.Ft.
Back Up Offer
$2,475,000 Get Pre-Qualified

Map preview of 1917 Sierra Leone Ave, Rowland Heights, CA 91748

Property Overview: 1917 Sierra Leone Ave Rowland Heights, CA has 16 bedrooms, 8 bathrooms, 7,000 living square feet and 14,430 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: These 2 (4-plex) offers an incredible investment opportunity with strong rental potential. The growing demand for rental properties in Rowland Heights makes it an attractive option for investors seeking steady income. Rowland Heights is known for its convenient location with easy access to major freeways, shopping centers, schools, and recreational facilities. Residents can enjoy a peaceful neighborhood while having all amenities within reach. All units are 2 bedrooms, 1 bath units. These well maintained 4-plexes offer eight identical 2 bedroom, 1 bath units, providing an excellent chance for investors or owner-occupants looking for rental income. Each unit has been carefully designed for comfortable living and is conveniently located in desirable neighborhood. We look forward to helping you seize this excellent investment opportunity!

Listed by Edwin Huber | BRE #01314032 | Century 21 Peak
Co-listed by Dorothy Pemberton | BRE #00903993 | Century 21 Peak
Last checked: 1 minute ago | Last updated: April 26th, 2024 | Source CRMLS | DOM: 247
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Home details

Lot Sq. Ft
14,430
HOA Dues
$0/mo
Year built
1964
Garage
--
Property Type:
Apartment
Status
Back Up Offer
MLS#
DW23161753
City
Rowland Heights
County
Los Angeles
Time on Site
246 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 2
  • # of Electric Meters: 10
  • # of Gas Meters: 10
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $1,250
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,050
  • Total Rent: $1,050
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $1,250
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $1,250
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $1,250
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,150
  • Total Rent: $1,150
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $117,600
  • Net Operating Income: $70,008
  • Gross Operating Income: --
  • Laundry Income: $1,000
Annual Expense Breakdown
  • Total Operating Expense: $47,592
  • Electric: $1,966
  • Gas/Fuel: $1,992
  • New Taxes: $32,480
  • Trash: $1,434
  • Gardener: $3,010
  • Insurance: $2,486
  • Professional Management: $0
  • Water/Sewer: $4,224

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Property Details for 1917 Sierra Leone Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Community
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Flat
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 12
  • Has Parking
  • Parking Features: Detached Carport
Lot Information
  • Lot Features: Level
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 8
  • Parcel Number: 8253003010
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
  • Has Additional Parcels
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: East of Fullerton Rd, South of Colima Rd
Neighborhood Information
  • Community Features: Suburban
View more facts & features

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Sale History for 1917 Sierra Leone Ave

View property's historical transactions
  • April, 2024

  • Apr 26, 2024

    Date

    Back Up Offer

    CRMLS: DW23161753

    $2,475,000

    Price

  • Aug 29, 2023

    Date

    Active

    CRMLS: DW23161753

    $2,600,000

    Price

  • August, 2023

  • Aug 29, 2023

    Date

    Canceled

    CRMLS: DW23139559

    $1,400,000

    Price

  • Jul 28, 2023

    Date

    Active

    CRMLS: DW23139559

    $1,400,000

    Price

  • Listing provided courtesy of CRMLS

    This 4-plex offers an incredible investment opportunity with strong rental potential. The growing demand for rental properties in Rowland Heights makes it an attractive option for investors seeking steady income. Rowland Heights is known for its convenient location with easy access to major highways, shopping centers, schools, and recreational facilities. Residents can enjoy a peaceful neighborhood while having all amenities within reach. All units area 2 bedroom, 1 bath units. This well maintained 4-plex offers four identical 2 bedroom, 1 bathroom units, providing an excellent chance for investors or owner occupants looking for rental income. Each unit has been carefully designed for comfortable living and is conveniently located in a desirable neighborhood. We look forward to helping you seize this excellent investment opportunity! Can be purchased with 1905, 1911, and 1923 Sierra Leone Ave in any combination of 4, 8, 12, or 16 units.

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Tax History for 1917 Sierra Leone Ave

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

1917 Sierra Leone Ave is listed 138.24% higher than the median list price for the city of Rowland Heights which has a median list price of $1,038,888. The median price per/sqft for Rowland Heights is $510 and this home is listed at $353.57 per/sqft which puts the price per square foot 30.67% lower than the median price per square foot for the city of Rowland Heights.

About 1917 Sierra Leone Ave

Detailed summary of property

1917 Sierra Leone Ave is a apartment located in Rowland Heights, CA 91748 and is currently in escrow to be sold. This apartment offers 16 bedrooms, 8 bathrooms, roughly 7,000 living square feet, and sits on an approximately 14,430 square foot lot. 1917 Sierra Leone Ave was first listed on ArdentRealEstateGroup.com on August 29, 2023. The homeowner is currently asking $2,475,000 and was originally asking $2,600,000. The median priced home in Rowland Heights is $1,038,888 with a median price per square foot of $510. Based on Ardent Real Estate Group's Rowland Heights Market Data, this home is listed 138.24% higher than the median priced home. Local competing homes currently for sale include 5706 Pioneer Blvd, 1551 W Ball Rd and 231 S Laxore St. While the average home in Rowland Heights, CA is selling in 66 days, 1917 Sierra Leone Ave has a days on market of 247 days. There are currently 46 homes for sale in the Rowland Heights real estate market and 40 of them are single family homes while 6 of them are condos and 0 are townhomes. For more information on this home for sale at 1917 Sierra Leone Ave Rowland Heights, CA 91748 contact Ardent Real Estate Group and we will put you in touch with one of our Rowland Heights agents.

Public Facts for 1917 Sierra Leone Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

91748 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,038,888
Median List Price/Sq.Ft.
$510
Median Sold Price
$945,000
Median Sold Price/Sq.Ft.
$562
Total Inventory
47
Median Sale to List Price %
102.84%
Avg Days on Market
31
Loan Type
Conventional (53.33%), FHA (0%), VA (0%), Cash (46.67%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.