$2,650,000
2040 Sierra Leone, Rowland Heights CA 91748
Multi-Family (10 Units)
Property type
48 days
On market
$299
Price per sqft
0 cars
Garage
1964
Year built
19,631 sqft
Lot size
Open Houses
Overview
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...
Listing provided by: Donald La DRE #01928418, EXP REALTY
Listing updated: Apr 29, 2026 at 10:30pm.
Last checked: Jun 13, 2026 at 12:31am
Source: CRMLS #AR26092373
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 10 | 2 | 1 | — | $14,920 | $14,920 | $23,000 | Unfurnished |
# of Buildings: 2
# of Units Total: 10
Separate Electric Meters: 10
Separate Gas Meters: 10
Separate Water Meters: 1
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
14.7x
List Price / Annual Gross Rent
Cap Rate
4.61%
NOI / List Price
Gross Scheduled Income: $180,840
Operating Expense: $58,601
Net Operating Income: $122,239
Annual Operating Expenses
Electric: $337
Gardener: $2,209
Fuel: $4,244
Insurance: $9,900
New Taxes: $31,181
Professional Management: $0
Trash: $1,720
Water / Sewer: $6,139
Interior
Laundry: Laundry Room
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 2
Common Walls: Two Common Walls Or More
Lot Features: Six To Ten Units Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 0
Uncovered Spaces: 3
Carport Spaces: 15
Parking Total: 18
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 8253003003
Additional Parcels: Yes
Tax Lot: 39
Community
Senior Community: No
Community Features: Urban