2030 Sierra Leone Avenue

Rowland Heights, CA 91748

$3,250,000

List Price

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1964

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Property Description

For sale is 2030-2040 Sierra Leone Avenue in Rowland Heights, a two-parcel, 10-unit apartment complex. The sale includes two adjacent apartment buildings: one 4-unit and one 6-unit, totaling 8,864 square feet. The property is situated on two parcels of fee-simple land, totaling approximately 0.45 acres, in the densely populated city of Rowland Heights. Eight of the units were constructed in 1963, with two additional units built in 1981. The two buildings can be sold together or separately. This well-maintained, two-story multifamily property is located in a highly desirable area. All units feature 2 bedrooms and 1 bathroom, with remodeled wood or tile flooring. Both buildings have been renovated, including updates to copper piping, a newer roof, two newly installed water heaters, and resurfaced parking (18 total carports or open parking spaces). The property is currently 90% occupied, with one unit available to be delivered vacant, offering the potential for increased rental income for the new owner. This is a rare opportunity to own a multifamily property in a high barrier-to-entry market.

Listing Information

List Price $3,250,000
Status Active
MLS AR25042148
Type Residential Income
Subtype Apartment
Year Built 1964
Lot Size 12,074
Structure Size N/A
Courtesy Of Harvest Realty Development
Listing Agent Danni Shen DRE#02202501

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Listing information courtesy of: Danni Shen, Harvest Realty Development . *Based on information from the Association of REALTORS/Multiple Listing as of Feb 28th, 2025 at 4:26 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.