J
Seller's Agent in 2018
Julieanne Lam Phan
Phan Property Management
(714) 655-1434
10 Total Sales
11891 1st Ave Hesperia, CA 92345
40
Beds
32
Baths
15,192
Sq Ft
1.2
Acres
Highlights
- All Bedrooms Downstairs
- No HOA
- Double Pane Windows
- Granite Countertops
- Balcony
- Laundry Room
About This Home
As of May 2018Rare opportunity to own impressive large 16 units, fully occupied with an actual income over $15,000/per month, 15,192 sqft building, built in 1985, nestled over 1 acre lot (52,200 sqft). Townhouse style with private fence backyard, all upstairs units have a rock fireplace with an oversized extended balcony. Every unit has a central air & heating system, and a bathroom located inside the master bedroom. The owner invested over $300K in remodeling and improvements on both buildings, including but not limited to new dual pane windows and sliding doors, new roof, new sewer lines, new tile floors, and most units have new solid wood kitchen & bathroom vanity cabinets with granite counter tops. There is no rent control and still opportunity for upside in the rents. Both buildings have 2 washers & 2 dryers laundry facility with additional of $400 per month. There are 14 garages located in the rear of building, and plenty of on site guest parking. Don't miss this opportunity to own this rare high desert gem!!!
Last Agent to Sell the Property
Phan Property Management License #01218721 Listed on: 01/12/2018
Last Buyer's Agent
David Camerena
TRIFECTA REAL ESTATE GROUP License #01371045
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1985
Lot Details
- 1.2 Acre Lot
- No Common Walls
- Rural Setting
- Wrought Iron Fence
- Density is 16-20 Units/Acre
- Land Lease
Parking
- 14 Car Garage
Home Design
- Bungalow
- Flat Roof Shape
- Concrete Perimeter Foundation
Interior Spaces
- 15,192 Sq Ft Home
- 2-Story Property
- Double Pane Windows
- Living Room with Fireplace
- Granite Countertops
Bedrooms and Bathrooms
- 40 Bedrooms
- All Bedrooms Down
- All Upper Level Bedrooms
- 32 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
Additional Features
- Balcony
- Central Heating and Cooling System
Listing and Financial Details
- Tenant pays for electricity, gas, telephone
- Tax Lot 187
- Tax Tract Number 5104
- Assessor Parcel Number 0415034010000
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 16 Units
Building Details
- 16 Separate Electric Meters
- 16 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,721
- Fuel Expense $1,065
- Insurance Expense $3,958
- Maintenance Expense $6,620
- Professional Management Expense $7,200
- Supplies Expense $20,346
- Trash Expense $4,133
- Water Sewer Expense $7,348
- New Taxes Expense $20,456
- Operating Expense $74,311
- Gross Income $15,411
- Net Operating Income $105,114
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/09/2018 05/09/18 | Sold | $1,900,000 | -5.0% | $125 / Sq Ft |
| 03/24/2018 03/24/18 | For Sale | $1,999,000 | 0.0% | $132 / Sq Ft |
| 01/19/2018 01/19/18 | Pending | -- | -- | -- |
| 01/12/2018 01/12/18 | For Sale | $1,999,000 | -- | $132 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Julieanne Lam Phan
-
D
Buyer's Agent in 2018
David Camerena
TRIFECTA REAL ESTATE GROUP
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC18008967
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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