We are pleased to present 4484 La Deney Drive, Montclair, CA an exceptional opportunity to acquire a turnkey multifamily asset in a desirable residential neighborhood. The property features an attractive 100% two-bedroom, one-bathroom unit mix and has benefited from over $120,000 in recent capital improvements, providing investors with a low-maintenance asset offering strong in-place income and long-term stability. Current ownership has completed an extensive renovation program throughout the property, including fresh interior and exterior paint, roof maintenance, new flooring throughout all units, brand-new kitchen appliances (including dishwashers), new kitchen and bathroom cabinetry, new countertops, and the installation of washer/dryer hookups in each unit. Additionally, all units are equipped with built-in air conditioning, enhancing tenant comfort and marketability. The property also offers an excellent parking ratio with eight total on-site parking spaces, consisting of four covered carports and four additional uncovered spaces, a highly desirable amenity for tenants. Situated in an established residential neighborhood with convenient access to major employment centers, shopping, dining, schools, and freeways, 4484 La Deney Drive combines quality improvements, a desirable unit mix, and strong cash flow to create an outstanding investment opportunity with immediate income and long-term appreciation potential.
| MLS # | 26875457 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1962 |
| Days On Site | 7 |
| Listing Provided By | Marcus & Millichap | Jonathan Weir |
| Bed(s) | 8 |
|---|---|
| Bath(s) | 4 |
| SQ Feet | 3,592 |
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 2 |
| Zoning | R3 |
| Acreage | 0.18 |
| Heating | Wall Furnace |
|---|---|
| Heating Yes / No | Yes |
| Appliances | Dishwasher, Disposal, Refrigerator |
| Attached Garage Yes / No | No |
|---|
| State | CA |
|---|---|
| County | San Bernardino |
| City | Montclair |
| Zip Code | 91763 |
| Area | 685 Montclair |
| Listing VS Median (in 91763) | |
Price: $1,495,000 low | high Med: $550,000 sqft: 3,592 low | high Med: 1,469 $ / sqft: $416 low | high Med: $374 On site: 7 low | high Med: 210 | |
| State | CA |
|---|---|
| County | San Bernardino |
| City | Montclair |
| Zip Code | 91763 |
| Area | 685 Montclair |
| Listing VS Median (in 91763) | |
Price: $1,495,000 low | high Med: $550,000 sqft: 3,592 low | high Med: 1,469 $ / sqft: $416 low | high Med: $374 On site: 7 low | high Med: 210 | |