Seller's Agent in 2016
Eric Chen
CB RICHARD ELLIS
(909) 418-2030
66 Total Sales
The Northview Terrace Apartments located in the city of Yucaipa. The Northview Terrace Apartments is located at a cul-de-sac of Adams Street. The property is conveniently located north of the 10 Freeway and about a mile and a half away from Yucaipa Regional Park and minutes away from Yucaipa Valley Golf Club and Calimesa Country Club. Surrounded by educational and medical institutes such as Loma Linda University and Medical Centers and University of Redlands, the large employee base holds high rental demands in Yucaipa. Investors have the rare opportunity to own a consistent income producing property in a prime location.
Built in 1965, the Northview Terrace Apartments contains 18 units on a 43,560 square foot lot. There are 18 carport parking spaces available and the building features a pitched composition roof. The Northview Terrace Apartments has a unit mix of 17 two-bedroom/one-bathroom units and 1 one-bedroom/one-bathroom unit. The building size for this property totals 14,040 square feet with an average unit size of 780 square feet. The building features individual electric and gas meters with individual hot water heater.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/03/2016 11/03/16 | Sold | $2,200,000 | -2.2% | $157 / Sq Ft |
| 10/31/2016 10/31/16 | For Sale | $2,250,000 | 0.0% | $160 / Sq Ft |
| 07/26/2016 07/26/16 | Pending | -- | -- | -- |
| 06/17/2016 06/17/16 | For Sale | $2,250,000 | -- | $160 / Sq Ft |
| 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 | $29,656 | $2,553,289 | $504,854 | $2,048,435 |
| 2024 | $29,656 | $2,503,225 | $494,955 | $2,008,270 |
| 2023 | $29,540 | $2,454,142 | $485,250 | $1,968,892 |
| 2022 | $29,215 | $2,406,021 | $475,735 | $1,930,286 |
| 2021 | $28,859 | $2,358,844 | $466,407 | $1,892,437 |
| 2020 | $29,138 | $2,334,657 | $461,625 | $1,873,032 |
| 2019 | $28,381 | $2,288,880 | $452,574 | $1,836,306 |
| 2018 | $27,720 | $2,244,000 | $443,700 | $1,800,300 |
| 2017 | $22,293 | $1,793,874 | $295,086 | $1,498,788 |
| 2016 | $22,005 | $1,758,700 | $289,300 | $1,469,400 |
| 2015 | $19,227 | $1,520,000 | $250,000 | $1,270,000 |
| 2014 | $17,649 | $1,390,000 | $250,000 | $1,140,000 |
Seller's Agent in 2016
Eric Chen
CB RICHARD ELLIS
(909) 418-2030
66 Total Sales
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV16161988