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357 Amber Court

Upland, CA 91786
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Bed 10

Bed

Bath 10

Bath

SqFt10,018

Sqft(Lot)

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 curren t 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

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,350,000

AD Id : 90901658

MLS Id : CV26106337

Beds : 10

Lot Size : 10,018 Sqft

Tax Amount : 17440.00

Year Built : 1962

Garage : 2

County : San Bernardino

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Feature Features

  • Building Information

    Year Built: 1962
    Building Area Total: 5493
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 10018 Lot Size Acres: 0.23 Lot Size Source: PublicRecords Lot Size Square Feet: 10,018 Lot Description: SixteenToTwentyUnitsAcre

  • Listing Price Information

    Listing Price: $1350000
    Original Price: $1625000
    Cash, CashToNewLoan

  • Tax Information

    Parcel Number: 1046044040000 Tax Lot: 3 Annual Tax: $17440

  • Parking Information

    Parking Total: 6 Assigned, Carport, OnSite

    Garage Information

    Has Garage: Yes Garage Space: 2

  • Location Information

    Direction: Head south on Foothill and North Redding Way, on the NorthEast Corner of Redding Way and Amber Court WaterSource: Public
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ByOwner last updated this listing 09/02/2026 @ 12:40

MLS: CV26106337 LISTED BY: Gisele Pinedo, MARCUS & MILLICHAP 909-456-3400 SOURCE: CRMLS

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