About 1428 S California Ave
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.
Features of 1428 S California Ave
| MLS® # | 3038788 |
|---|---|
| Price | $1,800,000 |
| Bedrooms | 12 |
| Bathrooms | 12.00 |
| Square Footage | 7,079 |
| Acres | 0.53 |
| Year Built | 1978 |
| Type | Residential Income |
| Status | Active |
Community Information
| Address | 1428 S California Ave |
|---|---|
| Area | Loveland |
| Subdivision | Grosboll |
| City | Loveland |
| County | Larimer |
| State | CO |
| Zip Code | 80537 |
Amenities
| Utilities | Natural Gas Available, Electricity Available |
|---|---|
| Parking Spaces | 24 |
| Parking | Detached |
| # of Garages | 12 |
| Garages | Detached |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Baseboard |
|---|---|
| Fireplace | No |
| Stories | Two |
Exterior
| Lot Description | Level |
|---|---|
| Roof | Composition |
| Construction | Frame, Wood Siding |
School Information
| District | Thompson R2-J |
|---|---|
| Elementary | B.F. Kitchen |
| Middle | Bill Reed |
| High | Thompson Valley |
Additional Information
| Days on Market | 1 |
|---|---|
| Zoning | R3-UD |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Charles Burkhart |
|---|---|
| Office | Marcus & Millichap Real Estate Investment Services of Atlanta, Inc. |