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$3,250,000

Beds
Unknown
sq ft
Unknown

2030 Sierra Leone Ave, Rowland Heights, CA 91748

2030 Sierra Leone Ave

Rowland Heights, CA 91748

  • 20 days on market
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.

Details

Property type

Apartment

Lot size

0.2772 acres

Price per sq ft

Unknown

Year built

1964

Price History

02/27/2025
CRMLS

CRMLS #AR25042148

Listed
$3,250,000
+20.37%
10/20/2020
CLAW

CLAW #20604670

Sold
$2,700,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Suburban

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

East West Bank

Loan start date

March 2022

Original loan amount

$1,550,000

Est. remaining balance

Not provided

Interest rate

3.55%

Loan type

Assumption

Seller

Acl Property Holdings Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/19/2025 at 7:15 AM

Listing updated: 03/02/2025 at 8:49 PM

Listed by: Danni Shen, Danni Shen, Harvest Realty DevelopmentHarvest Realty Development Phone #: (626) 593-7456

MLS: CRMLS #AR25042148

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