NOT LISTED FOR SALE

11563 Hesperia Rd Hesperia, CA 92345

6 Beds
6 Baths
2,850 Sq Ft
0.87 Acre Lot

Sale Details

Date Sold: December 17, 2020

Last sale price $445,000 $156 Per Sq Ft

68 Days on Market

Highlights

  • 24-Hour Security
  • Double Pane Windows
  • Formal Entry
  • City Lights View
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring

About This Home

As of December 2020

***************THIS IS STANDARD SALE, IT IS NOT A SHORT SALE OR REO, AND IT'S COMMERCIAL ZONE***************
AN AMAZING INVESTMENT OPPORTUNITY, VERY CLOSE TO INTERSECTION AF BEAR VALLEY AND HESPERIA ROAD. THIS IS A LARGE LOT 37,800/SQFT
MORE THAN ENOUGH LAND TO BUILD ADDITIONAL COMMERCIAL BUILDING AND PARKING SPACE, THERE ARE SEVERAL COMMERCIAL BUILDINGS IN THE NEIGHBOUR BUILT IN THE PAST RECENT YEARS.
BUILDING CONSISTS OF:
4 UNITS STUDIOS 375 SQFT EACH, CURRENT 3 UNIT RENT AT $500.00/MO, AND 1 UNIT RENT AT $550/MO, AND 2 LARGE ONE-BEDROOM 675 SQFTEACH, RENT IS $550 AND $575/MOS, 2 BUILDING TOTAL RENT= $3,175.00/MONTH.
ALL FULL OCCUPANCIES, AND LONG TIME TENANTS, 4 STUDIO UNITS HAVE NOT RAISE A RENT FOR 2 YEARS, AND 2 ONE BEDROOMS ARE LONG TIMES TENANTS HAVE NOT RAISE A RENT FOR 8 YEAR, CURRENT MARKET RENT SHOULD BE FROM $3,800.00 TO $,4,200.00. ALL UNITS ARE IN GOOD CONDITION. ALL BATHROOMS WITH TILE. BRAND NEW ROOF.

Last Agent to Sell the Property

Loi Vuong

Cali Home Realty License #01358279 Listed on: 07/16/2020

Last Buyer's Agent

Rosalva Olivarria

Rosalva Olivarria, Broker License #01193841

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 37,800 Sq Ft Lot
  • Two or More Common Walls
  • Desert faces the back of the property
  • South Facing Home
  • Chain Link Fence
  • Density is 6-10 Units/Acre
  • On-Hand Building Permits

Home Design

  • Property Attached
  • Cosmetic Repairs Needed
  • Flat Roof Shape
  • Fire Rated Drywall
  • Pre-Cast Concrete Construction
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,850 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Blinds
  • Window Screens
  • Panel Doors
  • Formal Entry
  • Tile Flooring
  • City Lights Views
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Electric Range
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Parking

  • 12 Open Parking Spaces
  • 12 Parking Spaces

Outdoor Features

  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • 220 Volts in Kitchen
  • Electric Water Heater
  • Private Sewer

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 433
  • Tax Tract Number 5104
  • Assessor Parcel Number 0415082160000

Community Details

Overview

  • 2 Buildings
  • 6 Units

Building Details

  • 6 Leased Units
  • 6 Separate Electric Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Maintenance Expense $200
  • Professional Management Expense $900
  • Trash Expense $1,496
  • Water Sewer Expense $1,255
  • New Taxes Expense $4,375
  • Operating Expense $11,601
  • Net Operating Income $36,900

Security

  • 24-Hour Security
  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0.87 Acres

Listing Details

  • Assessments: No
  • Ad Number: Larry
  • Professional Management Expense: 900.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: 24 Hour Security, Resident Manager, Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 1255.00
  • Zoning: COMERCIAL
  • Property Condition: Building Permit, Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 0415082160000
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Door Features: Panel Doors
  • Levels: One
  • Price Per Square Foot: 156.14
  • Room Type: All Bedrooms Down, Formal Entry
  • Window Features: Blinds, Double Pane Windows, Screens

Exterior Features

  • Direction Faces: South
  • Foundation: Concrete Perimeter
  • View: City Lights
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Flat
  • Spa: No
  • Construction Materials: Concrete, Drywall Walls, Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 12.00

Utilities

  • Utilities: Electricity Connected
  • Heating: No
  • Laundry: No
  • Appliances: Electric Oven, Electric Range, Electric Water Heater, Disposal
  • Electric: 220 Volts in Kitchen, Standard
  • Sewer: Private Sewer
  • Trash Expense: 1496.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s), Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Gutters

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Desert Back, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 37800.00
  • Lot Size Acres: 0.8678
  • Latitude Manual: 34.46108100

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Average1 Bed Area: 675 Square Feet
  • Average Studio Area: 375 Square Feet
  • Gross Scheduled Income: 38100.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 37800.0000 Square Feet
  • Maintenance Expense: 200.00
  • Net Operating Income: 36900.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Number With Disposal: 6
  • Number With Range: 6
  • Number With Refrigerator: 6
  • Operating Expense: 1200.00
  • Rent Control: No
  • Total Actual Rent: 31800.00
  • Total Expenses: 11601.00

Tax Info

  • New Taxes Expense: 4375.00
  • Tax Census Tract: 100.11
  • Tax Lot: 433
  • Tax Tract Number: 5104
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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/17/2020 12/17/20 Sold $445,000 -2.2% $156 / Sq Ft
10/26/2020 10/26/20 For Sale $455,000 +2.2% $160 / Sq Ft
09/28/2020 09/28/20 Off Market $445,000 -- --
07/26/2020 07/26/20 Price Changed $455,000 -2.2% $160 / Sq Ft
07/16/2020 07/16/20 For Sale $465,000 -- $163 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,597 $481,682 $156,953 $324,729
2024 $5,473 $472,237 $153,875 $318,362
2023 $5,414 $462,978 $150,858 $312,120
2022 $5,293 $453,900 $147,900 $306,000
2021 $5,199 $445,000 $145,000 $300,000
2020 $4,795 $394,800 $272,800 $122,000
2019 $4,375 $358,900 $248,000 $110,900
2018 $4,069 $332,300 $229,600 $102,700
2017 $3,726 $302,100 $208,700 $93,400
2016 $3,719 $302,100 $208,700 $93,400
2015 $3,272 $262,700 $181,500 $81,200
2014 $3,012 $238,800 $165,000 $73,800
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20140142

California Regional Multiple Listing Service (CRMLS)
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