10325 Lehigh Avenue Pending

Montclair,CA 91763

$ 3600000

- Bed

0 Bath

12701 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 12,701 sqft

Price per Sqft $283

MLS Listing ID CRCV24211611

Year Built 1962

Lot Size 0.369 Acres

Property Description

We are proud to present the Lehigh Apartments, a 13-Unit multifamily asset located at 10325 Lehigh Avenue in the city of Montclair. The property is located just 1-mile off the 10-fwy and adjacent to highly amenitized neighborhoods like city of Ontario, Claremont, Pomona, and Chino Hills. Some frequently travelled destinations within a 10- to 15-mile radius include The Shops at Chino Hills, Fox Amphitheater, Claremont Village, Ontario Mills Mall, Toyota Arena, and Victoria Gardens. More locally, tenants enjoy a short half-mile drive to Montclair High School and convenient access to retailers like Cardenas Markets, McDonalds, Jack in The Box, Dollar Tree, Family Dollar, In-N-Out, and much more. Lehigh Apartments is a 13-Unit multifamily asset with over ±12,700 SF of gross building area and sits on just over 16,000 SF of land. The property offers an excellent unit mix of one, 1-Bedroom/1-Bathroom, seven, 2-Bedroom/2-Bathroom, and five, 3-Bedroom/2-Bathroom apartments. The units average 830, 910, and 1,100 SF, respectively. Tenants enjoy property amenities like well-maintained landscaping, open courtyard, secure gated access, on-site parking, and an on-site laundry facility. A new buyer will achieve significant cash-on-cash returns by assuming the current debt on the property. With

Location

State CA

County San Bernardino

Area Listing

Zoning R-3

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Laundry Other

Building

Sewer Public Sewer

Water Public

New Construction No

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