K
Seller's Agent in 2022
Kiersten Sprout
YUCAIPA VALLEY REAL ESTATE
(916) 990-1748
1 in this area
4 Total Sales
11073 San Juan St Loma Linda, CA 92354
Estimated Value: $747,000 - $1,388,000
8
Beds
2
Baths
4,050
Sq Ft
$268/Sq Ft
Est. Value
Highlights
- Bamboo Flooring
- No HOA
- Cooling System Mounted To A Wall/Window
- Cope Middle School Rated A-
- Two Homes on a Lot
- Laundry Room
About This Home
As of September 2022LLUMC WALKZONE PROPERTY - 8 UNITS TOTAL on two separate parcels. Truly unique INVESTMENT opportunity in Loma Linda within walking distance to the university and medical center. Property consists of four duplex style separate houses with two units in each one. Property also has 8 off street parking spaces along with a storage room, two basements for extra storage and a community laundry room. All EIGHT units have been recently remodeled and are in turn key condition, located in a HIGH DEMAND rental area. Units are fully occupied with a waiting list. There is a high demand for both temporary and long term housing in the area due to the patient treatment centers and nearby hospital and university. Opportunity to increase rents . Property consists of 7 one bedroom/one bathroom units and one large one bedroom with office/one bathroom unit. Current rents are $11,050 per month plus $200 in laundry income. Seller pays some utilities All apartments have been remodeled and are in turn key condition. Flexible financing opportunities as the property consists of two residential 4-unit parcels and can be financed with residential multifamily loans or a commercial loan. Professional Photos coming soon. Act quickly as this unique property will not last.
Last Agent to Sell the Property
YUCAIPA VALLEY REAL ESTATE License #01922174 Listed on: 07/01/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,576
Year Built
- Built in 1926 | Remodeled
Lot Details
- 6,257 Sq Ft Lot
- 1 Common Wall
- Fenced
- Fence is in average condition
- Rectangular Lot
- Front and Back Yard Sprinklers
- 0284-052-10-0000
Home Design
- Property Attached
- Raised Foundation
- Slab Foundation
- Fire Rated Drywall
- Composition Roof
- Stucco
Interior Spaces
- 8 Bedrooms
- 4,050 Sq Ft Home
- 2-Story Property
Kitchen
- Gas Oven
- Microwave
Flooring
- Bamboo
- Concrete
- Tile
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
- Parking Available
- Paved Parking
- Parking Lot
Utilities
- Cooling System Mounted To A Wall/Window
- Air Source Heat Pump
- Wall Furnace
- Natural Gas Connected
- Satellite Dish
- Cable TV Available
Additional Features
- Exterior Lighting
- Two Homes on a Lot
- Urban Location
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 42
- Tax Tract Number 1814
- Assessor Parcel Number 0284052090000
Community Details
Overview
- No Home Owners Association
- 4 Buildings
- 8 Units
Amenities
- Laundry Facilities
Building Details
- 8 Leased Units
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 2 Separate Water Meters
- Cable TV Expense $2,088
- Electric Expense $6,800
- Fuel Expense $1,725
- Gardener Expense $1,800
- Insurance Expense $3,120
- Maintenance Expense $3,000
- Pest Control $360
- Water Sewer Expense $3,929
- Operating Expense $24,350
- Gross Income $132,600
- Net Operating Income $112,458
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 1, 2022
Closed on
Jul 22, 2022
Sold by
Hospital Housing Trust
Bought by
Sprout Barrett Burns and Sprout Kiersten Ellis
Seller's Agent
Kiersten Sprout
YUCAIPA VALLEY REAL ESTATE
Buyer's Agent
Kristopher German
RE/MAX 2000 REALTY
List Price
$1,999,000
Sold Price
$1,925,000
Premium/Discount to List
-$74,000
-3.7%
Views
14
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$839,756
Avg. Annual Appreciation
-17.29%
Original Mortgage
$673,750
Outstanding Balance
$650,674
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$434,570
Purchase Details
Listed on
Jul 1, 2022
Closed on
Jul 19, 2022
Sold by
Burns Sprout Barrett and Ni Kiersten
Bought by
Lb7 Llc
Seller's Agent
Kiersten Sprout
YUCAIPA VALLEY REAL ESTATE
Buyer's Agent
Kristopher German
RE/MAX 2000 REALTY
List Price
$1,999,000
Sold Price
$1,925,000
Premium/Discount to List
-$74,000
-3.7%
Views
14
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$673,750
Outstanding Balance
$650,674
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$434,570
Purchase Details
Closed on
Feb 27, 2015
Sold by
Vance Kiersten and Vance Cheryl
Bought by
Vance Cheryl White
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,250
Interest Rate
3.61%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 26, 2011
Sold by
White Don D
Bought by
Vance Cheryl White
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
4.56%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 14, 2006
Sold by
White Don D and White Marietta M
Bought by
White Don D and White Marietta M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
6.55%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Oct 27, 1997
Sold by
White Don D and White Marietta M
Bought by
White Don D and White Marietta M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sprout Barrett Burns | -- | None Listed On Document | |
| Lb7 Llc | $962,500 | -- | |
| Vance Cheryl White | -- | Accommodation | |
| Vance Klersten | -- | Document Processing Solution | |
| Vance Cheryl | -- | Document Processing Solution | |
| Vance Cheryl White | $345,000 | Ticor Title Company | |
| White Don D | -- | First American Title Company | |
| White Don D | -- | First American Title Company | |
| White Don D | -- | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lb7 Llc | $673,750 | |
| Previous Owner | Vance Klersten | $341,250 | |
| Previous Owner | Vance Cheryl White | $345,000 | |
| Previous Owner | White Don D | $335,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/02/2022 09/02/22 | Sold | $1,925,000 | -3.7% | $475 / Sq Ft |
| 08/01/2022 08/01/22 | For Sale | $1,999,000 | 0.0% | $494 / Sq Ft |
| 07/14/2022 07/14/22 | Pending | -- | -- | -- |
| 07/01/2022 07/01/22 | For Sale | $1,999,000 | -- | $494 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $11,576 | $1,001,385 | $296,514 | $704,871 |
| 2024 | $11,576 | $981,750 | $290,700 | $691,050 |
| 2023 | $11,563 | $962,500 | $285,000 | $677,500 |
| 2022 | $5,054 | $416,515 | $78,474 | $338,041 |
| 2021 | $5,146 | $408,348 | $76,935 | $331,413 |
| 2020 | $5,070 | $404,161 | $76,146 | $328,015 |
| 2019 | $4,841 | $396,236 | $74,653 | $321,583 |
| 2018 | $4,719 | $388,466 | $73,189 | $315,277 |
| 2017 | $4,677 | $380,849 | $71,754 | $309,095 |
| 2016 | $4,623 | $373,381 | $70,347 | $303,034 |
| 2015 | $4,676 | $367,772 | $69,290 | $298,482 |
| 2014 | $4,591 | $360,568 | $67,933 | $292,635 |
Source: Public Records
Agents Affiliated with this Home
-
Kiersten Sprout
-
Kristopher German
Buyer's Agent in 2022
Kristopher German
RE/MAX
(909) 645-0443
1 in this area
119 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: EV22132248
APN: 0284-052-09
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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