1428 S California Ave, Loveland, CO 80537

$1,800,000
12
BD
12
BA
7,076
SqFt

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List Price
$1,800,000
Status
ACTIVE
MLS#
3038788
Year Built
1978
Bedrooms
12
Bathrooms
12
Living Area
7,076
Region
Loveland/Berthoud
Subdivision
Grosboll

Property Description

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 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.

Additional Information

Taxes
$13,470
School District
Thompson R2-J
Elementary School
B.F. Kitchen
Middle School
Bill Reed
High School
Thompson Valley
Heating
Baseboard
Utilities
Natural Gas Available, Electricity Available
Garage Spaces
12
Zoning
R3-UD

Listing courtesy of Charles Burkhart.

charles.burkhart@marcusmillichap.com,214-336-6064

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Listings courtesy of Information and Real Estate Services, LLC as distributed by MLS GRID.


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