NOT LISTED FOR SALE

113 W 2nd St San Dimas, CA 91773

Estimated Value: $823,000 - $1,190,000

4 Beds
4 Baths
2,332 Sq Ft
$409/Sq Ft Est. Value

Last Sold January 08, 2019

Last sale price $575,000 $247 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $5,742/month

53 Days on Market

Highlights

  • Custom Home
  • Laundry Room
  • Wall Furnace
  • Fred Ekstrand Elementary School Rated A-

About This Home

As of January 2019

CALLING ALL INVESTORS!!! LOCATION! LOCATION! LOCATION!
4 units in San Dimas! Excellent location!!! Walking distance to charming Old Town San Dimas!!!
The property needs to be renovated! What a great AirBnB or Bread and Breakfast it will make.
Property is occupied. Lots of parking spaces and two car detached garage!
At this point you cannot bit the price! Please check the comps! Property to be sold in AS IS condition!

Last Agent to Sell the Property

Teresa Krawiec

KELLER WILLIAMS COVINA License #01195511 Listed on: 10/29/2018

KELLER WILLIAMS COVINA

Last Buyer's Agent

Teresa Krawiec

KELLER WILLIAMS COVINA License #01195511 Listed on: 10/29/2018

KELLER WILLIAMS COVINA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,418

Year Built

  • Built in 1917

Lot Details

  • 5,807 Sq Ft Lot
  • Lot Dimensions are 40x143
  • 1 Common Wall

Parking

  • 6 Open Parking Spaces
  • 2 Car Garage
  • Parking Available

Home Design

  • Custom Home
  • Craftsman Architecture
  • Property Attached
  • Composition Roof

Interior Spaces

  • 2,332 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 248
  • Tax Tract Number 12156
  • Assessor Parcel Number 8387015031

Community Details

Overview

  • 4 Units

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $50
  • Insurance Expense $67
  • Trash Expense $150
  • Water Sewer Expense $80
  • New Taxes Expense $8,500
  • Operating Expense $347
  • Gross Income $42,000
  • Net Operating Income $40,853

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,418

Year Built

Built in 1917

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 80.00
  • Zoning: SDMFD*
  • Architectural Style: Craftsman, Custom Built
  • Property Type: Residential Income
  • Parcel Number: 8387015031
  • Year Built: 1917
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 246.57

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: On Site
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Trash Expense: 150.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size: 40x143
  • Lot Size Sq Ft: 5807.00
  • Lot Size Acres: 0.1333

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Electric Expense: 50.00
  • Gross Income: 42000.00
  • Gross Scheduled Income: 42000.00
  • Insurance Expense: 67.00
  • Lot Size Area: 5807.0000 Square Feet
  • Net Operating Income: 40853.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Operating Expense: 1147.00
  • Rent Control: No
  • Total Actual Rent: 2590.00
  • Total Expenses: 347.00

Tax Info

  • New Taxes Expense: 8500.00
  • Tax Census Tract: 4013.11
  • Tax Lot: 248
  • Tax Tract Number: 12156

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2018
Closed on
Dec 31, 2018
Sold by
Lopez Mark and The Janet Lois Lopez Revocable
Bought by
4 Jet H L Llc
Seller's Agent
Teresa Krawiec
KELLER WILLIAMS COVINA
Buyer's Agent
Teresa Krawiec
KELLER WILLIAMS COVINA
List Price
$750,000
Sold Price
$575,000
Premium/Discount to List
-$175,000
-23.33%
Current Estimated Value
$954,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$379,305
Avg. Annual Appreciation
7.09%

Purchase Details

Closed on
Feb 22, 2012
Sold by
Lopez Janet Lois
Bought by
Lopez Janet Lois and Janet Lois Lopez Revocable Trust

Purchase Details

Closed on
May 5, 1999
Sold by
Matthies Detlef D
Bought by
Lopez Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,119
Interest Rate
6.96%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
4 Jet H L Llc $575,000 Orange Coast Title Company
Lopez Janet Lois -- None Available
Lopez Janet $157,500 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lopez Janet $118,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2019 01/08/19 Sold $575,000 -3.4% $247 / Sq Ft
12/21/2018 12/21/18 Pending -- -- --
12/21/2018 12/21/18 Price Changed $595,000 -8.5% $255 / Sq Ft
11/21/2018 11/21/18 Price Changed $650,000 -6.5% $279 / Sq Ft
11/06/2018 11/06/18 Price Changed $695,000 -7.3% $298 / Sq Ft
10/29/2018 10/29/18 For Sale $750,000 -- $322 / 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
2025 $8,418 $657,821 $557,756 $100,065
2024 $8,418 $644,923 $546,820 $98,103
2023 $8,235 $632,279 $536,099 $96,180
2022 $8,120 $619,883 $525,588 $94,295
2021 $7,956 $607,730 $515,283 $92,447
2020 $7,178 $586,500 $510,000 $76,500
2019 $3,141 $221,327 $131,251 $90,076
2018 $2,983 $216,988 $128,678 $88,310
2016 $2,852 $208,564 $123,682 $84,882
2015 $2,810 $205,432 $121,825 $83,607
2014 $2,791 $407,742 $302,266 $105,476
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18259915

California Regional Multiple Listing Service (CRMLS)

APN: 8387-015-031