For sale

$1,800,000

1428 S California Avenue, Loveland, CO 80537

12beds

12baths

7,079sqft

$11,151/mo

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Quadruplex

Built in 1978

-- sqft lot

$-- Zestimate^®

$254/sqft

$-- HOA

What's special

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.

15 days

94

5

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 12
Bathrooms: 12

Heating

Baseboard

Cooling

Has cooling: Yes

Features

Laminate Counters
Flooring: Vinyl
Has basement: No

Interior area

Total structure area: 7,079
Total interior livable area: 7,079 sqft
Finished area above ground: 7,076

Property

Parking

Total spaces: 24
Parking features: Asphalt
Garage spaces: 12
Details: Off Street Spaces: 12

Features

Levels: Two
Stories: 2
Fencing: None

Lot

Size: 0.53 Acres
Features: Level

Details

Parcel number: R0741400
Zoning: R3-UD
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex

Materials

Frame, Wood Siding
Roof: Composition

Condition

Year built: 1978

Utilities & green energy

Sewer: Public Sewer
Utilities for property: Natural Gas Available

Community & HOA

Community

Subdivision: Grosboll

HOA

Has HOA: No

Location

Region: Loveland

Financial & listing details

Price per square foot: $254/sqft
Annual tax amount: $13,470
Date on market: 7/21/2026
Listing terms: Cash,Conventional,Other
Ownership: Individual
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

$1,462/mo

Price history

Date	Event	Price
7/21/2026	Listed for sale	$1,800,000$254/sqft
Source: REcolorado as distributed by MLS GRID #3038788 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 80537

Getting around

39 / 100

Car-Dependent

49 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

4/10
B F Kitchen Elementary School
Grades: K-5Distance: 0.3 mi
4/10
Bill Reed Middle School
Grades: 6-8Distance: 1.2 mi
6/10
Thompson Valley High School
Grades: 9-12Distance: 1 mi

Schools provided by the listing agent

Elementary: B.F. Kitchen
Middle: Bill Reed
High: Thompson Valley
District: Thompson R2-J

Source: REcolorado as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.