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2040 Sierra Leone

Rowland Heights, CA 91748
  • $2,650,000
  • STATUS: Active
  • ON SITE: 15 Days
  • ID#: AR26092373
UPDATED: 44 min ago
$2,650,000
  • 0
    BEDS
  • 0.45
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1964
County:

School Ratings & Info

Listing Agent(s): Donald La of EXP REALTY (626-888-2995)


Description

2030–2040 Sierra Leone Ave presents a rare opportunity to acquire a 10-unit apartment complex in the highly desirable Rowland Heights, CA market. The property consists of two separate parcels: 2030 Sierra Leone Ave (six units) and 2040 Sierra Leone Ave (four units), with 2040 Sierra Leone qualifying for residential financing. The buildings total approximately 8,864 square feet and are situated on a spacious 19,631 square foot lot. Each unit features a 2-bedroom, 1-bathroom layout. All units are individually metered for gas and electricity. Each unit has their own on-site parking (total of 15 carport parking spaces and 3 open parking spaces). The property includes on-site common laundry facilities, offering added convenience for tenants and supplemental income. Recent capital improvements include roof upgrades, copper plumbing, and resurfaced parking areas. Extremely convenient location with easy access to retail stores, restaurants, coffee/tea shops etc.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-15T21:35:55.657. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties. Licensed in the State of California, USA.
www.bobkellyteam.com/homes/175903879
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2040 Sierra Leone Rowland Heights, CA 91748

  • Price: $2,650,000
  • Status: Active
  • On Site: 15 Days
  • Updated: 44 min ago
  • ID#: AR26092373
0
Beds
0
Baths
0
½ Baths
0.45
Acres
1964
Built
Neighborhood:
652 - Rowland Heights
County:
Los Angeles
Area:
652 - Rowland Heights
Property Description
2030–2040 Sierra Leone Ave presents a rare opportunity to acquire a 10-unit apartment complex in the highly desirable Rowland Heights, CA market. The property consists of two separate parcels: 2030 Sierra Leone Ave (six units) and 2040 Sierra Leone Ave (four units), with 2040 Sierra Leone qualifying for residential financing. The buildings total approximately 8,864 square feet and are situated on a spacious 19,631 square foot lot. Each unit features a 2-bedroom, 1-bathroom layout. All units are individually metered for gas and electricity. Each unit has their own on-site parking (total of 15 carport parking spaces and 3 open parking spaces). The property includes on-site common laundry facilities, offering added convenience for tenants and supplemental income. Recent capital improvements include roof upgrades, copper plumbing, and resurfaced parking areas. Extremely convenient location with easy access to retail stores, restaurants, coffee/tea shops etc.
Exterior Features

Carport Spaces 15 Carport YN Yes Entry Level 1 Entry Location 1 Lot Features 6-10 Units/Acre Number Of Separate Electric Meters 10 Open Parking Spaces 3 Parking Total 18 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN Yes Cap Rate 4.61 Common Interest Community Apartment Community Features Urban Electric Expense 337 Fuel Expense 4244 Garage YN No Gross Income 180840 Gross Scheduled Income 180840 Insurance Expense 9900 Land Lease YN No Laundry Features Laundry Room Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan Net Operating Income 122239 New Construction YN No New Taxes Expense 31181 Number Of Separate Gas Meters 10 Number Of Separate Water Meters 1 Operating Expense 58601 Property Sub Type Apartment Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 1720 Water Sewer Expense 6139 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-15T21:35:55.657. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties. Licensed in the State of California, USA.
 
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The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties
2355 Northside Drive, Suite 180
San Diego CA, 92108
Listing Agent(s): Donald La of EXP REALTY (626-888-2995)