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291 N 2Nd Ave, Upland, CA 91786
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291 N 2Nd Ave Upland, CA 91786

$3,700,000 Sold Price as of 06/29/2022
  • 16 Beds
  • 11 Baths
  • 11,150 Sq.Ft.
Sold
$3,700,000 Sold Price as of 06/29/2022 Refinance Your Mortgage
Map preview of 291 N 2Nd Ave, Upland, CA 91786

Property Overview: 291 N 2Nd Ave Upland, CA has 16 bedrooms, 11 bathrooms, 11,150 living square feet and 5,880 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: OUTSTANDING MIXED-USE- COMMERCIAL BUILDING, IN THE BEAUTIFUL HISTORIC DOWNTOWN UPLAND, LARGE ADJACENT PUBLIC PARKING LOT, CORNER BUILDING WITH EXCELLENT VISIBILITY, SUCCESSFUL BOTTOM FLOOR RETAIL TENANTS. FIRST LEVEL OFFER: Bar and Grill, Subway and Taco Bout. J.D. Allison Grill is an elevated American Cuisine in a friendly captivating ambiance, Rating 4.5 Stars, Subway is an American Fast Food Restaurant Franchise, Rating 3.9 Stars and Taco Bout has originality Mexican Food under Remodeling, Rating 5.0 Stars. SECOND LEBEL OFFERS: 8-Units apartments, 5 consisting in 2 bedrooms 1 bathroom and 3 consisting 1 bedroom and 1 bathroom. Because the location is one of the best in Downtown Upland, the property has always been well occupied in the ground floor retail and the 2nd floor apartment are always in demand. The Old Town District is the historic core and social heart or Upland. This part of Old Town is often the site of public events such as the weekly Farmer's Market and holiday fairs. Tenants paid for Gas and Electricity, seller paid just Water.

Listed by Martha Diaz | BRE #01215345 | RE/MAX One
Last checked: 34 seconds ago | Last updated: June 30th, 2022 | Source CRMLS | DOM: 154

Home details

Lot Sq. Ft
5,880
HOA Dues
$0/mo
Year built
1909
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
PW21254128
City
Upland
County
San Bernardino
Time on Site
1030 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 11
  • Total # of Buildings: 1
  • # of Leased Units: 11
  • # of Electric Meters: 13
  • # of Gas Meters: 11
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # 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: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,120
  • Total Rent: $2,916
  • Pro Forma/Market Rent: $3,208
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 6
  • # 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: $1,600
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,450
Unit Breakdown 9
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,450
Unit Breakdown 10
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,350
  • Total Rent: $1,350
  • Pro Forma/Market Rent: $1,450
Unit Breakdown 11
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $4,635
  • Total Rent: $4,635
  • Pro Forma/Market Rent: $4,681
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $247,260
  • Net Operating Income: $197,991
  • Gross Operating Income: --
  • # of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Rental Income: $0
  • Laundry Income: $300
  • Laundry Own/Lease: Lease
Annual Expense Breakdown
  • Total Operating Expense: $49,268
  • Electric: $78
  • Gas/Fuel: $0
  • Trash: $215
  • Insurance: $679
  • Professional Management: $0
  • Water/Sewer: $340

Property Details for 291 N 2Nd Ave

Interior Features
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 6-10 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 11
  • Parcel Number: 1046402090000
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Unknown
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: 2nd / E C Street
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Upland Agent

Sale History for 291 N 2Nd Ave

Last sold for $3,700,000 on June 29th, 2022

  • April, 2022

  • Apr 8, 2022

    Date

    Price Change

    CRMLS: PW21254128

    $3,800,000

    Price

  • Dec 23, 2021

    Date

    Price Change

    CRMLS: PW21254128

    $4,000,000

    Price

  • November, 2021

  • Nov 23, 2021

    Date

    Canceled

    CRMLS: PW21253185

    $41,000,000

    Price

  • Listing provided courtesy of CRMLS

    OUTSTANDING MIXED-USE- COMMERCIAL BUILDING ON HISTORIC DOWN TOWN UPLAND. FIRST LEVEL OFFERS: Bar and Grill, Subway and Taco Bout. J.D. Allison Grill is an elevated American Cuisine in a friendly captivating ambiance Rating 4.5 Stars, Taco Bout Good has originality authentic Mexican Food under remodeling Rating 5.0 and Subway is an American Fast Food Restaurant Franchise Rating 3.9 second level offers: 8-Units apartments, 5 units consist in-2 bedrooms and 1 bathroom and 3 units-1 bedroom 1 bathroom; near shopping center and close to 10 FWY AND BEAUTIFUL MOUNTAIN VIEW!

  • September, 2018

  • Sep 11, 2018

    Date

    Sold (Public Records)

    Public Records

    $2,825,000

    Price

Show More

Tax History for 291 N 2Nd Ave

Assessed Value (2020): $2,881,500
Year Land Value Improved Value Assessed Value
2020 $178,500 $2,703,000 $2,881,500

Home Value Compared to the Market

This property vs the competition

291 N 2Nd Ave sold on June 29, 2022 for 379.19% higher than the current median sold price for the city of Upland which is $793,000. The median sold price per/sqft for Upland is $447 and this home is sold at $340.81 per/sqft which puts the price per square foot 23.76% lower than the current median sale per square foot for the city of Upland.

About 291 N 2Nd Ave

Detailed summary of property

291 N 2Nd Ave is a multi family that recently sold in Upland, CA 91786. This multi family property offered 16 bedrooms, 11 bathrooms, roughly 11,150 living square feet, and sits on an approximately 5,880 square foot lot. 291 N 2Nd Ave was first listed on ArdentRealEstateGroup.com on November 24, 2021. The homeowner sold the property for $3,700,000. Home in Upland are selling for a median price of $793,000 and a median price per square foot of $447. Based on Ardent Real Estate Group's Upland Market Data, this home is sold 379.19% higher than the current median priced home. Local homes that are currently for sale include 260 Linda Rosa Ave, 1998 E Villa St and 147 N Michigan Ave. While the average home in Upland, CA is selling in 48 days, 291 N 2Nd Ave has a days on market of 154 days. There are currently 160 homes for sale in the Upland real estate market and 127 of them are single family homes while 28 of them are condos and 5 are townhomes. For more information on this home for sale at 291 N 2Nd Ave Upland, CA 91786 contact Ardent Real Estate Group and we will put you in touch with one of our Upland agents.

Public Facts for 291 N 2Nd Ave

Public county record property details
Beds
--
Baths
--
Year built
1909
Sq. Ft.
11,516
Lot Size
5,880
Stories
2
Type
Neighborhood: Shopping Center, Strip Center, Enterprise Zone
Pool
No
Spa
No
County
San Bernardino
Lot#
1
APN
1046-402-09-0000

The source for these homes facts are from public records.

91786 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$749,000
Median List Price/Sq.Ft.
$428
Median Sold Price
$727,000
Median Sold Price/Sq.Ft.
$447
Total Inventory
87
Median Sale to List Price %
98.91%
Avg Days on Market
19
Loan Type
Conventional (64%), FHA (4%), VA (0%), Cash (20%), Other (8%)

Thinking of Selling?

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Recently Sold Homes Near 291 N 2Nd Ave

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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.

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