1428 S California Avenue, Loveland, CO, 80537
About This Home
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.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1978
Materials
- Roof: Composition
- Construction materials: Frame,Wood Siding
Type & Style
- Home type: MultiFamily
- Property subType: Quadruplex
Interior
Bedrooms & Bathrooms
- Bedrooms: 12
- Bathrooms: 12
Features
- Laminate Counters
- Flooring: Vinyl
- Finished area above ground: 7,076
Heating
- Heating features: Baseboard
Interior Area
- Total structure area: 7,079
- Total interior livable area: 7,079 sqft
Property
Details
- Parcel number: R0741400
- Zoning: R3-UD
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Fencing: None
Lot
- Lot size: 0.53 Acres
- Features: Level
Parking
- Total spaces: 24
- Parking features: Asphalt
- Has garage: Yes
- Attached garage spaces: 12
- Covered spaces: 12
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Winter Weather
- Cold Wave
- Hail
- Strong Wind
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Colorado Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $9,101 | $109,212 |
| Home Insurance * | $821 | $9,852 |
| Property Taxes | $780 | $9,360 |
| Electricity | $534 | $6,412 |
| Total | $11,236 | $134,832 |
Income You'd Need if You Spent...
Colorado FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-21 | Listed for sale | $1,800,000 |
For Sale by Agent
View on Zillow