NOT LISTED FOR SALE

1064 W G St Colton, CA 92324

Estimated Value: $774,000 - $1,428,000

9 Beds
5 Baths
3,760 Sq Ft
$306/Sq Ft Est. Value

Last Sold September 21, 2023

Last sale price $1,085,000 $289 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,556/month

4 Days on Market

Highlights

  • 0.53 Acre Lot
  • Laundry Room
  • Back and Front Yard
  • Evaporated cooling system
  • Wall Furnace
  • 1-Story Property

About This Home

As of September 2023

Awesome 4 unit property on half an acre. Each unit has its own attached garage, driveway spaces, and large private backyards. One 3/2 and three 2/1s. Each with its own laundry in garage. All 4 units seperately metered for water, gas, and electricity. Solid cap rate at listed price with plenty of upside left on market rents and overall just a great income property to get your hands on.

Last Listed By

Kelly O'Grady

Griffin Real Estate, Inc. License #02099467 Listed on: 07/28/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,291

Year Built

  • Built in 1965

Lot Details

  • 0.53 Acre Lot
  • Two or More Common Walls
  • Back and Front Yard

Parking

  • 6 Open Parking Spaces
  • 4 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 3,760 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Location

  • Suburban Location

Utilities

  • Evaporated cooling system
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 5
  • Tax Tract Number 11252
  • Assessor Parcel Number 0274211420000
  • $1,142 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $2,596
  • Maintenance Expense $3,000
  • Trash Expense $1,208
  • Water Sewer Expense $4,215
  • New Taxes Expense $13,750
  • Operating Expense $24,769
  • Gross Income $75,804
  • Net Operating Income $57,319

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,291

Year Built

Built in 1965

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 275000
  • Property Attached: Yes
  • Water Sewer Expenses: 4215.00
  • Zoning: RM
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 0274211420000
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: front
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 288.56

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 1208.00
  • Water Source: Public
  • Cooling: Evaporative Cooling, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 23028.00
  • Lot Size Acres: 0.5287

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 75804.00
  • Gross Operating Income: 73530.00
  • Gross Scheduled Income: 75804.00
  • Insurance Expense: 2596.00
  • Lot Size Area: 23028.0000 Square Feet
  • Maintenance Expense: 3000.00
  • Net Operating Income: 57319.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 16211.00
  • Rent Control: No
  • Total Expenses: 24769.00
  • Vacancy Allowance: 2274
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 13750.00
  • Tax Census Tract: 66.01
  • Tax Lot: 5
  • Tax Tract Number: 11252
  • TaxOtherAnnualAssessmentAmount: 1142.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2023
Closed on
Aug 21, 2023
Sold by
Oak Tree Apartments
Bought by
Huynh Denney Don and Nguyen Hang Nhu
Seller's Agent
Kelly O'Grady
Griffin Real Estate, Inc.
Buyer's Agent
Emmy Vo
The Associates Realty Group
List Price
$1,100,000
Sold Price
$1,085,000
Premium/Discount to List
-$15,000
-1.36%
Total Days on Market
4
Views
36
Current Estimated Value
$1,151,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,946
Avg. Annual Appreciation
4.05%
Original Mortgage
$868,000
Outstanding Balance
$855,226
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$304,522

Purchase Details

Closed on
Jun 25, 2013
Sold by
Phoenix Realty Investments Llc
Bought by
Oaktree Apartments

Purchase Details

Closed on
Jun 14, 2013
Sold by
Rios Javier and Rios Martha
Bought by
Phoenix Realty Investments Llc

Purchase Details

Closed on
Aug 10, 2006
Sold by
Alvarado Catalina I
Bought by
Alvarado Jose G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,950
Interest Rate
6.22%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 12, 2006
Sold by
Alvarado Jose G and Morales Mario
Bought by
Rios Javier and Rios Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,950
Interest Rate
6.22%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 25, 2005
Sold by
Morales Abel and Morales Yolanda
Bought by
Morales Mario and Morales Celia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,187
Interest Rate
5.21%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 24, 2005
Sold by
Morales Mario and Morales Celia
Bought by
Morales Abel and Morales Yolanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,187
Interest Rate
5.21%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 30, 1995
Sold by
Morales Abel and Morales Yolanda
Bought by
Morales Mario and Morales Celia

Range of Values:

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Average Value
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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
Huynh Denney Don $1,085,000 Usa National Title
Oaktree Apartments -- Accommodation
Phoenix Realty Investments Llc $321,000 Title 365
Alvarado Jose G -- North American Title
Rios Javier $593,000 North American Title
Morales Mario -- --
Morales Abel -- Orange Coast Title
Morales Mario -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huynh Denney Don $868,000
Previous Owner Oak Tree Apartments $7,000,000
Previous Owner Oak Tree Apartments $4,000,000
Previous Owner Rios Javier $88,950
Previous Owner Morales Abel $180,187
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2023 09/21/23 Sold $1,085,000 -1.4% $289 / Sq Ft
08/01/2023 08/01/23 Pending -- -- --
07/28/2023 07/28/23 For Sale $1,100,000 -- $293 / Sq Ft
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
2024 $13,291 $1,085,000 $326,000 $759,000
2023 $5,163 $402,428 $92,322 $310,106
2022 $5,087 $394,537 $90,512 $304,025
2021 $5,183 $386,801 $88,737 $298,064
2020 $5,201 $382,835 $87,827 $295,008
2019 $5,064 $375,329 $86,105 $289,224
2018 $4,827 $367,970 $84,417 $283,553
2017 $4,658 $360,755 $82,762 $277,993
2016 $4,775 $353,681 $81,139 $272,542
2015 $4,623 $348,368 $79,920 $268,448
2014 $4,443 $341,543 $78,354 $263,189
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG23139796

California Regional Multiple Listing Service (CRMLS)

APN: 0274-211-42