About this home

Rare opportunity to acquire a 20-unit multifamily investment property offered at $3,600,000. The property is currently 100% occupied and consists of 18 studio units and 2 one-bedroom/one-bath units. Strong in-place cash flow with upside potential through gradual rent repositioning. The building features a two-story layout with ample on-site surface parking and is located along a high-visibility commercial corridor with convenient access to major freeways, retail centers, and employment hubs. Ideal for 1031 exchange buyers or investors seeking a stabilized workforce housing asset with long-term appreciation potential. Do not disturb tenants. Drive-by only.

Facts and features

Schools

• Legore Elementary School

  elementary · K-6 · 0.5 mi

  5

• Wright Elementary School

  elementary · K-8 · 0.7 mi

  6

• Arroyo High School

  high · 9-12 · 1.2 mi

  7

• Vista Del Rio Junior/Senior High School

  middle · 7-11 · 0.2 mi

• Tomorrow Land Academy

  elementary · PK-K · 0.3 mi

• New Life Christian School

  elementary · K-12 · 0.5 mi

Price history

• Apr 14, 2026 · Price Changed$3,600,000
• Mar 2, 2026 · Listed$3,700,000
• Feb 11, 2024 · Listing Removed—
• Apr 5, 2023 · Price Changed$3,990,000
• Feb 10, 2023 · Listed$4,250,000
• Jun 23, 2017 · Sold$1,900,000
• Jul 16, 2015 · Sold$1,900,000
• Apr 24, 2015 · Relisted$1,948,000

Tax history

• 2025$36,858 tax · $2,294,193 assessed
• 2024$33,984 tax · $2,249,210 assessed
• 2023$33,347 tax · $2,161,872 assessed
• 2022$32,180 tax · $2,119,483 assessed
• 2021$32,532 tax · $2,077,925 assessed
• 2020$32,446 tax · $2,056,619 assessed
• 2019$33,128 tax · $2,016,294 assessed
• 2018$32,520 tax · $1,976,760 assessed

Home value

$3,342,194

• Quantarium$3,342,194

Where it is