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475 Umatilla Blvd
For Sale $1,900,000 ($188.49 per Sq Ft)
$1,900,000 ($188.49 per Sq Ft)
- Unknown Bedrooms
- Unknown Bathrooms
- 10,080 Sq Ft
- 23,141 Sq Ft
Description
Exceptional investment opportunity offering a strong 9.5% cap rate! This fully renovated multifamily property has undergone extensive upgrades, including updated electrical systems, newer HVAC units, and upgraded water heaters. Featuring a total of 16 units, the property consists of 4 two-bedroom/one-bath units, 11 one-bedroom/one-bath units, and 1 studio unit. Every unit has been remodeled on the interior and includes the convenience of in-unit laundry. The property offers ample on-site parking and is currently 100% occupied with long-term tenants, providing immediate and stable cash flow. Zoned and suitable for both short-term and long-term rental strategies, allowing future ownership flexibility. A truly turnkey asset with significant capital improvements already completed and minimal deferred maintenance.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,900,000 |
| Property Type | Fourplex (4-units) |
| Usable Sqft | 10,080 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1930 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 121826060002401800 |
| MLS # | S5151887 |
| Property ID | 316199702 |
| Lot Sqft | 23,141 |
| Zoning | C |
| Total Units | 16 |
| Days on Market | 28 |
| Original List Price | $1,900,000 |
| Date Updated | June 14, 2026 |
| Date Created | June 12, 2026 |
Listing Provided By
Victor Avila an agent of .
© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of June 14, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT