Marcus & Millichap is pleased to present the opportunity to acquire 1428 S California Avenue, a 12-unit multifamily community located in Loveland, Colorado. The property offers investors stable in-place cash flow from a well-maintained asset with an attractive one-bedroom unit mix and additional income generated through detached garages. Offering modest… Read More operational upside through continued rent growth while requiring limited day-today management, the asset is well positioned for investors seeking dependable current income with long-term appreciation potential. Situated in one of Northern Colorado’s most desirable rental markets, 1428 S California Avenue benefits from convenient access to major employers, retail amenities, and the recreational opportunities that continue to drive demand throughout Loveland. Read Less
Courtesy of Marcus & Millichap Real Estate Investment Services of Atlanta, Inc. [email protected]
Listing Snapshot
Days Online
5
Last Updated
Property Type
Quadruplex
Beds
12
Square Ft.
7,079
Lot Size
0.53 Acres
Year Built
1978
MLS Number
3038788
30 Days Snapshot Of 80537
$628k
+6%
(avg) sold price
65
-10%
homes sold
67
-22%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Above Grade Finished Area: 7076, Construction Materials: "Frame", "Wood Siding", Levels: Two, Living Area: 7076, Occupant Type: Owner, Structure Type: Quadruplex, Total Area: 7079, Unit Count: 1, Unit Types: Array, Built in 1978
Cooling
Cooling: Other
Disclosures
Exclusions: n/a
Fence
Fencing: None
Floors
Flooring: Vinyl
Garage
12 garage spaces
Heating
Heating: Baseboard
Home Owner's Association
Association Fee Total Annual: $0, Association Fee Annual: 0.00, Association Fee 2 Annual Expense: 0.00, Association Fee 3 Annual Expense: 0.00
Listings courtesy of METROLIST, INC., DBA RECOLORADO® as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.
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