CHRISTINE MEJIAS
REALTY ONE GROUP EMPIRE
(909) 757-0412
53 Total Sales
8 in Barstow
$175K - $310K Price Range
117 Crooks Ave Barstow, CA 92311
Barstow Area
7
Beds
6
Baths
7,000
Sq Ft
0.96
Acre Lot
Highlights
- No Units Above
- No HOA
- Wall Furnace
- 0.96 Acre Lot
- Rectangular Lot
- 1-Story Property
About This Home
As of September 2015PRICE DROPPED TO $250K Cash offer
22 units, 5 buildings! CURRENTLY 18% CAP, PROFORMA CAP is 28%!!! (reduce vacancy to 10%, place individual elec and gas meters on site- check with city, etc) This is an opportunity to buy with cash flow. Asking only $12K per unit! THIS IS PERFECT FOR A VALUE ADD INVESTOR!!!! Tenants are all month to month but most have been there for years. Currently at market rent or below. Landlord pays utilities (new owner can place separate meters and help reduce expenses!) Also if new owner self managed then the $8,000 in management fees would disappear.
APPROX - buyer to do own investigations: If You can get the vacancy to 10% and expenses to 40% of gross....
GROSS SCHEDULE INCOME: 133140
VACANCY ALLOWANCE $/%: 32760/25
GROSS OPERATING INCOME: 100380
OPERATING EXPENSE $/%: 67168/50%
NET OPERATING INCOME: 33212
CAP - 18%
GROSS SCHEDULE INCOME: 133140
VACANCY ALLOWANCE $/%: 13314/10
GROSS OPERATING INCOME: 119826
OPERATING EXPENSE $/%: 47930/40%
NET OPERATING INCOME: 71896
CAP - 28% (buyer to verify)
Last Agent to Sell the Property
DEBRA HANNA BROKER License #01473392 Listed on: 03/16/2015
Last Buyer's Agent
Dustin Click
A-Z REALTY & INVESTMENT CORP License #01903939
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1966
Lot Details
- 41,610 Sq Ft Lot
- No Units Above
- End Unit
- No Units Located Below
- Two or More Common Walls
- Rural Setting
- Rectangular Lot
Parking
- 10 Parking Spaces
Home Design
- Property Attached
Interior Spaces
- 7,000 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 7 Bedrooms
- 6 Bathrooms
Utilities
- Wall Furnace
- Conventional Septic
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 1
- Assessor Parcel Number 0181011510000
Community Details
Overview
- No Home Owners Association
- 5 Buildings
- 22 Units
Building Details
- 16 Leased Units
- 2 Separate Electric Meters
- 3 Separate Gas Meters
- 3 Separate Water Meters
- Electric Expense $14,280
- Insurance Expense $5,408
- Maintenance Expense $5,000
- Professional Management Expense $8,000
- Trash Expense $10,560
- Water Sewer Expense $4,140
- New Taxes Expense $7,000
- Gross Income $11,110
- Net Operating Income $33,212
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 6, 2023
Sold by
Bought by
Purchase Details
Closed on
Dec 5, 2017
Sold by
Bought by
Purchase Details
Listed on
Mar 16, 2015
Closed on
Sep 14, 2015
Sold by
Bought by
Seller's Agent
Debbie Hanna
DEBRA HANNA BROKER
Buyer's Agent
Dustin Click
A-Z REALTY & INVESTMENT CORP
List Price
$249,000
Sold Price
$250,000
Premium/Discount to List
$1,000
0.4%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
3.86%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 15, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,500
Interest Rate
6.36%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 11, 2003
Sold by
Bought by
Purchase Details
Closed on
Jun 13, 2002
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,340
Interest Rate
6.74%
Mortgage Type
Seller Take Back
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Barstow, CA
-
CHRISTINE MEJIAS
-
Deanna Vela
Deanna Vela
eXp Realty of Southern Califor
(626) 507-9101
500 Total Sales
73 in Barstow
$8K - $530K Price Range
-
Megan Husri
Megan Husri
Responds QuicklyKeller Williams Studio City
(747) 279-3321
88 Total Sales
1 in Barstow
$75,000 Price
-
Edrick Pineda
Edrick Pineda
LPT Realty
(760) 223-7259
49 Total Sales
1 in Barstow
$75,000 Price
-
Charles Chamorro
Charles Chamorro
Che Hill
(562) 685-8867
75 Total Sales
1 in Barstow
$340,000 Price
-
Monique Zacarias
Monique Zacarias
REAL BROKERAGE TECHNOLOGIES
(909) 280-7784
102 Total Sales
1 in Barstow
$163,000 Price
Purchase 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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| -- | None Listed On Document | ||
| $650,000 | Stewart Title Of Ca Inc | ||
| $250,000 | North American Title Company | ||
| -- | Ticor Title Company | ||
| -- | Chicago Title | ||
| -- | Fidelity National Title Co |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $325,000 | ||
| Previous Owner | $25,000 | ||
| Previous Owner | $225,000 | ||
| Previous Owner | $488,500 | ||
| Previous Owner | $11,340 |
Source: Public Records
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 |
|---|---|---|---|---|
| 09/29/2015 09/29/15 | Sold | $250,000 | +0.4% | $36 / Sq Ft |
| 09/11/2015 09/11/15 | Pending | -- | -- | -- |
| 03/16/2015 03/16/15 | For Sale | $249,000 | -- | $36 / 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 |
|---|---|---|---|---|
| 2026 | $11,625 | $1,029,996 | $301,716 | $728,280 |
| 2025 | $11,625 | $1,009,800 | $295,800 | $714,000 |
| 2024 | $11,418 | $990,000 | $290,000 | $700,000 |
| 2023 | $8,110 | $710,870 | $142,174 | $568,696 |
| 2022 | $8,078 | $696,931 | $139,386 | $557,545 |
| 2021 | $7,844 | $683,266 | $136,653 | $546,613 |
| 2020 | $7,857 | $676,260 | $135,252 | $541,008 |
| 2019 | $7,443 | $663,000 | $132,600 | $530,400 |
| 2018 | $7,813 | $650,000 | $130,000 | $520,000 |
| 2017 | $2,792 | $255,000 | $20,400 | $234,600 |
| 2016 | $3,775 | $341,963 | $29,181 | $312,782 |
| 2015 | $3,697 | $336,827 | $28,743 | $308,084 |
| 2014 | $27,283 | $330,229 | $28,180 | $302,049 |
Source: Public Records
Agents Affiliated with this Home
-
Debbie Hanna
Seller's Agent in 2015
Debbie Hanna
DEBRA HANNA BROKER
(909) 528-2512
23 Total Sales
-
D
Buyer's Agent in 2015
Dustin Click
A-Z REALTY & INVESTMENT CORP
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: EV15054495
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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