NOT LISTED FOR SALE

1033 Springfield St Upland, CA 91786

Estimated Value: $1,200,000 - $1,541,000

8 Beds
7 Baths
4,028 Sq Ft
$338/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $1,105,000 $274 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $8,175/month

119 Days on Market

Highlights

  • No HOA
  • Pioneer Junior High School Rated A-
  • Laundry Room

About This Home

As of May 2021

Great rental income for the fourplex located on a tree-lined street in North Upland. This property offers four units and has upgrades throughout including granite kitchen countertops, updated bathrooms, newer flooring, wall/window a/c units and spacious bedrooms. This property has great rental history and is easy to maintain.

Last Agent to Sell the Property

Daniel Boyer

SOUTHLAND PROPERTIES License #01355369 Listed on: 11/24/2020

Last Buyer's Agent

Daniel Hong

GRACE & GLORY REAL ESTATE GROUP License #01790683

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 8,060 Sq Ft Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Parking

  • 1 Open Parking Space
  • 1 Car Garage
  • 3 Carport Spaces
  • Parking Available

Home Design

  • 4,028 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 8
  • Tax Tract Number 7498
  • Assessor Parcel Number 1006472140000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $300
  • Fuel Expense $540
  • Insurance Expense $1,400
  • Maintenance Expense $2,400
  • Trash Expense $860
  • Water Sewer Expense $1,500
  • New Taxes Expense $12,750
  • Operating Expense $19,750
  • Gross Income $73,800
  • Net Operating Income $54,050

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 1500.00
  • Property Type: Residential Income
  • Parcel Number: 1006472140000
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 274.33

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 3.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Unknown
  • Trash Expense: 860.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 8060.00
  • Lot Size Acres: 0.1850

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 800 Square Feet
  • Average2 Bed Area: 1000 Square Feet
  • Average3 Bed Area: 1228 Square Feet
  • Electric Expense: 300.00
  • Fuel Expense: 540.00
  • Gross Income: 73800.00
  • Gross Multiplier: 15.50
  • Gross Operating Income: 73800.00
  • Gross Scheduled Income: 73800.00
  • Insurance Expense: 1400.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 600.00
  • Lot Size Area: 8060.0000 Square Feet
  • Maintenance Expense: 2400.00
  • Net Operating Income: 54050.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 19750.00
  • Operating Expense Percent: 24.00
  • Rent Control: No
  • Total Actual Rent: 6100.00
  • Total Expenses: 19750.00

Tax Info

  • New Taxes Expense: 12750.00
  • Tax Census Tract: 8.18
  • Tax Lot: 8
  • Tax Tract Number: 7498

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2023
Sold by
Liu Yijia
Bought by
Liu Yijia and Fan Wei
Current Estimated Value
$1,362,867

Purchase Details

Listed on
Nov 24, 2020
Closed on
Apr 2, 2021
Sold by
Fan Wei
Bought by
Liu Yijia
Seller's Agent
Daniel Boyer
SOUTHLAND PROPERTIES
Buyer's Agent
Daniel Hong
GRACE & GLORY REAL ESTATE GROUP
List Price
$1,100,000
Sold Price
$1,105,000
Premium/Discount to List
$5,000
0.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.59%
Original Mortgage
$475,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 24, 2020
Closed on
Mar 28, 2021
Sold by
Jacoub Hany G and Jacoub Renee
Bought by
Liu Yijia
Seller's Agent
Daniel Boyer
SOUTHLAND PROPERTIES
Buyer's Agent
Daniel Hong
GRACE & GLORY REAL ESTATE GROUP
List Price
$1,100,000
Sold Price
$1,105,000
Premium/Discount to List
$5,000
0.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2012
Sold by
Jacoub Hany G and Jacoub Renee T
Bought by
Jacoub Hany G and Jacoub Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,500
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2005
Sold by
Paletta Louis and Paletta Regine W
Bought by
Paletta Louis and Paletta Regine W

Purchase Details

Closed on
May 11, 2004
Sold by
Jacoub Hany G and Jacoub Renee
Bought by
Jacoub Hany G and Jacoub Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Interest Rate
5.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2002
Sold by
The Carlos G Castaneda Family Trust
Bought by
Jacoub Hany G and Jacoub Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
6.6%

Purchase Details

Closed on
Apr 12, 1994
Sold by
Salinas Castaneda Carlos G and Salinas Castaneda Irma
Bought by
Castaneda Carlos G and Castaneda Irma S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Liu Yijia -- None Listed On Document
Liu Yijia -- Lawyers Title Co
Liu Yijia $1,100,000 Lawyers Title
Jacoub Hany G -- Accommodation
Jacoub Hany G -- Lsi
Paletta Louis -- None Available
Jacoub Hany G -- Southland Title Corporation
Jacoub Hany G $368,000 First American
Castaneda Carlos G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Liu Yijia $475,000
Previous Owner Jacoub Hany G $210,500
Previous Owner Jacoub Hany G $278,000
Previous Owner Jacoub Hany G $279,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2021 05/14/21 Sold $1,105,000 +0.5% $274 / Sq Ft
03/23/2021 03/23/21 Pending -- -- --
03/11/2021 03/11/21 For Sale $1,100,000 0.0% $273 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
11/24/2020 11/24/20 For Sale $1,100,000 0.0% $273 / Sq Ft
10/24/2018 10/24/18 Rented $1,400 -1.8% --
10/09/2018 10/09/18 Under Contract -- -- --
09/26/2018 09/26/18 Rented $1,425 +1.8% --
09/21/2018 09/21/18 Under Contract -- -- --
09/10/2018 09/10/18 For Rent $1,400 0.0% --
08/21/2018 08/21/18 For Rent $1,400 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,587 $1,190,675 $416,736 $773,939
2024 $12,587 $1,167,329 $408,565 $758,764
2023 $12,401 $1,144,440 $400,554 $743,886
2022 $12,136 $1,122,000 $392,700 $729,300
2021 $5,538 $492,402 $171,270 $321,132
2020 $5,389 $487,353 $169,514 $317,839
2019 $5,371 $477,797 $166,190 $311,607
2018 $5,240 $468,428 $162,931 $305,497
2017 $5,089 $459,243 $159,736 $299,507
2016 $4,857 $450,238 $156,604 $293,634
2015 $4,746 $443,475 $154,252 $289,223
2014 $4,625 $434,788 $151,230 $283,558
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20245657

California Regional Multiple Listing Service (CRMLS)

APN: 1006-472-14