NOT LISTED FOR SALE

117 E 16th St San Bernardino, CA 92404

DMV Neighborhood

Estimated Value: $654,000 - $873,000

5 Beds
4 Baths
3,297 Sq Ft
$224/Sq Ft Est. Value

Sale Details

Date Sold: February 14, 2024

Last sale price $660,000 $200 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,738 / mo

153 Days on Market

Highlights

  • Open Floorplan
  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Traditional Architecture
  • Living Room
  • Wrought Iron Fence

About This Home

As of February 2024

Fully occupied quadruplex with healthy cap rate. Stable rents for great investment opportunity. Each unit has a kitchen and living room with bedroom(s) and bathroom(s) and its own garage space. A community laundry room provides convenient washer and dryer access.====UNIT 117 is 2 bed/1 bath with 1 AC unit====UNIT 119 is 1 bed/1 bath with 2 wall AC units====UNIT 121 is 1 bed/1 bath with 2 wall AC units====UNIT 121 is 1 bed (but being used as 2 bed)/1 bath with 2 wall AC units.

Last Agent to Sell the Property

Shahe Seuylemezian

Remax Dream Properties License #01400433 Listed on: 07/06/2023

Remax Dream Properties

Last Buyer's Agent

PFNon-Member Default

ITECH MLS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 7,950 Sq Ft Lot
  • Two or More Common Walls
  • Wrought Iron Fence
  • Block Wall Fence
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • Traditional Architecture
  • Quadruplex
  • Entry on the 1st floor
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,297 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Living Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 55
  • Assessor Parcel Number 0146141530000

Community Details

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,841
  • Other Expense $600
  • Trash Expense $1,272
  • Water Sewer Expense $2,304
  • Operating Expense $6,017
  • Gross Income $42,300
  • Net Operating Income $36,283

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

7,950 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Survey of Rancho San Bernardino
  • View: No
  • Water Sewer Expenses: 2304.00
  • Architectural Style: Traditional
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 0146141530000
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Open Floorplan
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Appliances: No
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 204.73
  • Room Type: Living Room, All Bedrooms Down, Kitchen

Exterior Features

  • Fence: Yes
  • Fencing: Block, Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community, Dryer Included, Washer Included, Individual Room
  • Sewer: Sewer Paid
  • Trash Expense: 1272.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7950.00
  • Lot Size Acres: 0.1825

Multi Family

  • Gross Income: 42300.00
  • Gross Scheduled Income: 42300.00
  • Insurance Expense: 1841.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 7950.0000 Square Feet
  • Net Operating Income: 36283.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 6017.00
  • Other Expense: 600.00
  • Other Expense Description: Cleaning
  • Rent Control: No
  • Total Actual Rent: 42300.00
  • Total Expenses: 6017.00

Tax Info

  • Tax Lot: 14
  • Tax Tract Number: 55.02

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

Listed on
Jul 6, 2023
Closed on
Feb 6, 2024
Sold by
Bought by
Seller's Agent
Shahe Seuylemezian
Remax Dream Properties
Buyer's Agent
PFNon-Member Default
ITECH MLS
List Price
$750,000
Sold Price
$660,000
Premium/Discount to List
-$90,000
-12%
Views
334
Current Estimated Value
$738,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,758
Avg. Annual Appreciation
4.73%
Original Mortgage
$528,000
Interest Rate
0.0662%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 9, 2018
Closed on
Aug 24, 2018
Sold by
Bought by
Seller's Agent
Cesar Avila
Keller Williams Premier Properties
Buyer's Agent
George Gallardo
Timothy Perez, Broker
List Price
$499,999
Sold Price
$480,000
Premium/Discount to List
-$19,999
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.06%
Original Mortgage
$360,000
Interest Rate
0.046%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2015
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
$338,751
Interest Rate
0.045%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 9, 2014
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
$321,021
Interest Rate
0.041%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 10, 2010
Sold by
Bought by

Purchase Details

Closed on
May 7, 2009
Sold by
Bought by

Purchase Details

Closed on
Mar 8, 2004
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
$296,000
Interest Rate
0.0725%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 2003
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
$210,400
Interest Rate
0.0586%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 17, 1997
Sold by
Bought by

Purchase Details

Closed on
Mar 2, 1995
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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
$660,000 First American Title
$480,000 Provident Title Company
$345,000 Provident Title Company
-- Provident Title Company
$319,000 First American Title Company
$155,000 Southland Title Of Burbank
-- None Available
$370,000 Fidelity National Title Co
$263,000 Fidelity National Title Co
-- --
$96,000 Continental Lawyers 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
Open $528,000
Previous Owner $360,000
Previous Owner $338,751
Previous Owner $321,021
Previous Owner $135,100
Previous Owner $393,750
Previous Owner $296,000
Previous Owner $210,400
Previous Owner $120,000
Previous Owner $19,872
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 Prior Sale
02/14/2024 02/14/24 Sold $660,000 -2.2% $200 / Sq Ft
12/01/2023 12/01/23 Price Changed $675,000 -2.9% $205 / Sq Ft
10/02/2023 10/02/23 Price Changed $695,000 -4.1% $211 / Sq Ft
07/28/2023 07/28/23 Price Changed $725,000 -3.3% $220 / Sq Ft
07/05/2023 07/05/23 For Sale $750,000 +56.3% $227 / Sq Ft
09/17/2018 09/17/18 Sold $480,000 -4.0% $146 / Sq Ft View Prior Sale
08/14/2018 08/14/18 Pending -- -- --
08/09/2018 08/09/18 For Sale $499,999 +56.7% $152 / Sq Ft
09/23/2014 09/23/14 Sold $319,000 -4.8% $97 / Sq Ft View Prior Sale
05/28/2014 05/28/14 Pending -- -- --
03/08/2014 03/08/14 For Sale $335,000 -- $102 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $8,546 $686,664 $205,999 $480,665
2025 $8,546 $673,200 $201,960 $471,240
2024 $6,695 $524,950 $157,485 $367,465
2023 $6,528 $514,657 $154,397 $360,260
2022 $6,694 $504,566 $151,370 $353,196
2021 $6,711 $494,673 $148,402 $346,271
2020 $6,732 $489,600 $146,880 $342,720
2019 $6,532 $480,000 $144,000 $336,000
2018 $5,224 $387,600 $91,800 $295,800
2017 $4,701 $351,900 $96,900 $255,000
2016 $4,560 $345,000 $95,000 $250,000
2015 $4,127 $319,000 $73,000 $246,000
2014 $2,144 $163,214 $44,225 $118,989
Source: Public Records

Agents Affiliated with this Home

  • Shahe Seuylemezian

    Seller's Agent in 2024

    Shahe Seuylemezian

    RE/MAX

    (818) 414-1728

    1 in this area

    112 Total Sales

    Shahe Seuylemezian
    Section Image

  • P

    Buyer's Agent in 2024

    PFNon-Member Default

    ITECH MLS

  • C

    Seller's Agent in 2018

    Cesar Avila

    Keller Williams Premier Properties

    Section Image

  • G

    Buyer's Agent in 2018

    George Gallardo

    Timothy Perez, Broker

    (714) 351-0820

    8 Total Sales

    George Gallardo
    Section Image

  • J

    Seller's Agent in 2014

    Juan Haro

    Signature Realty & Loans

    (562) 291-8195

    9 Total Sales

    Juan Haro
    Section Image

  • G

    Buyer's Agent in 2014

    Guadalupe Lechuga

    Castillo Realty

    (310) 503-4265

    25 Total Sales

    Guadalupe Lechuga
    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-14239

Pasadena-Foothills Association of REALTORS®

APN: 0146-141-53

California San Bernardino County San Bernardino 92404 DMV

117 E 16th St, San Bernardino, CA

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.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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