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.
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.
Property Details
Price:
$3,250,000
MLS #:
AR25042148
Status:
Active
Baths:
0
Address:
2030 Sierra Leone Avenue
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
652rowlandheights
City:
Rowland Heights
Listed Date:
Feb 25, 2025
State:
CA
ZIP:
91748
Lot Size:
12,074 sqft / 0.28 acres (approx)
Year Built:
1964
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Schools
Interior
Exterior
Community Features
Suburban
Garage Spaces
0.00
Lot Features
6-10 Units/ Acre
Parking Spots
15.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Map
Community
- Address2030 Sierra Leone Avenue Rowland Heights CA
- Area652 – Rowland Heights
- CityRowland Heights
- CountyLos Angeles
- Zip Code91748
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