NOT LISTED FOR SALE

10371 Lehigh Ave Montclair, CA 91763

11 Beds
6 Baths
4,992 Sq Ft
7,223 Sq Ft Lot

Last Sold May 10, 2022

Last sale price $1,427,000 $286 Per Sq Ft

8 Days on Market

About This Home

As of May 2022

Fantastic opportunity to own a Five-Unit Multi Family Investment Property. Collect a month rental total of $7478 from All 5 units which are Fully rented and current. Four(4) are 2 stories two-bedroom/one and a half bathroom units and one(1), three-bedroom/two bathroom unit which is single story.
Centrally located in densely populated neighborhood. Property have 5 space garage parking with separate electrical meters. Well Maintained and managed. Grab it while rate are still low!

Last Agent to Sell the Property

Rossopher Thiers

The Agency License #02039867 Listed on: 02/08/2022

The Agency

Last Buyer's Agent

Rita Chang

Pinnacle Real Estate Group License #01952728

Pinnacle Real Estate Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 7,223 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 5 Car Garage
  • Parking Available
  • Rear-Facing Garage

Home Design

  • Property Attached

Interior Spaces

  • 4,992 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 6381
  • Assessor Parcel Number 1009501020000
  • $10,183 per year additional tax assessments

Community Details

Building Details

  • 6 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $240
  • Insurance Expense $1,900
  • Professional Management Expense $4,486
  • Trash Expense $4,134
  • Water Sewer Expense $4,770
  • Operating Expense $15,530
  • Gross Income $60,342
  • Net Operating Income $60,342

Additional Features

  • 5 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Parking

5

Listing Details

  • Professional Management Expense: 4486.00
  • Property Attached: Yes
  • Water Sewer Expenses: 4770.00
  • Property Type: Residential Income
  • Parcel Number: 1009501020000
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 285.86

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 4134.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7223.00
  • Lot Size Acres: 0.1658
  • Latitude Manual: 34.06574100

Multi Family

  • Electric Expense: 240.00
  • Gross Income: 60342.00
  • Gross Scheduled Income: 89736.00
  • Insurance Expense: 1900.00
  • Lot Size Area: 7223.0000 Square Feet
  • Net Operating Income: 60342.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 29394.00
  • Rent Control: No
  • Total Expenses: 15530.00

Tax Info

  • Tax Census Tract: 3.01
  • Tax Lot: 13
  • Tax Tract Number: 6381
  • TaxOtherAnnualAssessmentAmount: 10183.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/10/2022 05/10/22 Sold $1,427,000 0.0% $286 / Sq Ft
02/16/2022 02/16/22 Pending -- -- --
02/08/2022 02/08/22 For Sale $1,427,000 +69.9% $286 / Sq Ft
01/07/2016 01/07/16 Sold $840,000 -1.2% $168 / Sq Ft View Prior Sale
11/25/2015 11/25/15 Pending -- -- --
11/23/2015 11/23/15 For Sale $850,000 -- $170 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $16,624 $1,514,344 $530,604 $983,740
2024 $16,247 $1,484,651 $520,200 $964,451
2023 $15,790 $1,455,540 $510,000 $945,540
2022 $10,246 $937,035 $323,500 $613,535
2021 $10,183 $918,662 $317,157 $601,505
2020 $10,004 $909,242 $313,905 $595,337
2019 $9,918 $891,414 $307,750 $583,664
2018 $9,782 $873,936 $301,716 $572,220
2017 $9,430 $856,800 $295,800 $561,000
2016 $5,346 $494,229 $77,709 $416,520
2015 $5,310 $486,805 $76,542 $410,263
2014 $5,144 $477,270 $75,043 $402,227
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR22024958

California Regional Multiple Listing Service (CRMLS)
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