JL
Seller's Agent in 2018
Julieanne Lam Phan
Phan Property Management
(714) 655-1434
8 Total Sales
11891 1st Ave Hesperia, CA 92345
Hesperia Area
40
Beds
32
Baths
15,192
Sq Ft
1.2
Acre Lot
Highlights
- All Bedrooms Downstairs
- No HOA
- Double Pane Windows
- Granite Countertops
- Balcony
- Bungalow
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
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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
- Laundry Located Outside
Bedrooms and Bathrooms
- 40 Bedrooms
- All Bedrooms Down
- All Upper Level Bedrooms
- 32 Bathrooms
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
Amenities
- Laundry Facilities
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
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
Jan 12, 2018
Closed on
Apr 30, 2018
Sold by
Phan Thien
Bought by
Seller's Agent
Julieanne Lam Phan
Phan Property Management
Buyer's Agent
David Camerena
TRIFECTA REAL ESTATE GROUP
List Price
$1,999,000
Sold Price
$1,900,000
Premium/Discount to List
-$99,000
-4.95%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.44%
Mortgage Type
Construction
Purchase Details
Closed on
Jun 1, 2017
Sold by
Nguyen Lan
Bought by
Nguyen Lan and Tong Nhu
Purchase Details
Closed on
Nov 7, 2005
Sold by
Gurunlian Mike
Bought by
Nguyen Lan and Tong Nhu
Purchase Details
Closed on
Feb 21, 2002
Sold by
Remington Properties Iv Llc
Bought by
Gurunlian Mike
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,000
Interest Rate
6.87%
Mortgage Type
Commercial
Purchase Details
Closed on
May 27, 1998
Sold by
Kirschner Bernard I
Bought by
Hartshorn Bessie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.93%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 26, 1998
Sold by
Ballard James M
Bought by
Kirschner Bernard I and Kirschner Doris L
Purchase Details
Closed on
Feb 27, 1996
Sold by
Redlands Federal Bank Fsb
Bought by
Ballard James M
Purchase Details
Closed on
Jun 21, 1995
Sold by
Mcclanahan Terry
Bought by
Redlands Federal Bank Fsb and Redlands Fsla
Purchase Details
Closed on
Aug 13, 1994
Sold by
Schwatka Angelica
Bought by
Griffin Carolyn Elizabeth
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 |
|---|---|---|---|
| $1,900,000 | Wfg National Title Company O | ||
| Nguyen Lan | -- | None Available | |
| Nguyen Lan | -- | None Available | |
| Nguyen Lan | -- | Fidelity Natl-Title Van Nuys | |
| Gurunlian Mike | -- | North American Title Co | |
| Gurunlian Mike | -- | North American Title | |
| Hartshorn Bessie | $180,000 | Gateway Title Company | |
| Kirschner Bernard I | $189,871 | Chicago Title | |
| Ballard James M | $125,000 | First American Title Ins Co | |
| Redlands Federal Bank Fsb | $254,932 | Stewart Title | |
| Griffin Carolyn Elizabeth | -- | Chicago Title Company | |
| Schwatka Angelica | -- | Chicago Title Company |
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 | $1,000,000 | ||
| Previous Owner | Jjd Properties Lp | $800,000 | |
| Previous Owner | Nguyen Lan | $690,000 | |
| Previous Owner | Gurunlian Mike | $407,000 | |
| Previous Owner | Remington Properties Iv Llc | $48,000 | |
| Previous Owner | Remington Properties Iv Llc | $155,000 | |
| Previous Owner | Remington Properties Iv Llc | $48,000 | |
| Previous Owner | Hartshorn Bessie | $25,000 | |
| Previous Owner | Hartshorn Bessie | $155,000 | |
| Previous Owner | Ballard James M | $80,000 |
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 |
|---|---|---|---|---|
| 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
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 | $12,132 | $1,102,558 | $174,090 | $928,468 |
| 2025 | $12,132 | $1,080,939 | $170,676 | $910,263 |
| 2024 | $11,858 | $1,059,744 | $167,329 | $892,415 |
| 2023 | $11,730 | $1,038,965 | $164,048 | $874,917 |
| 2022 | $11,461 | $1,018,593 | $160,831 | $857,762 |
| 2021 | $11,255 | $998,620 | $157,677 | $840,943 |
| 2020 | $11,123 | $988,380 | $156,060 | $832,320 |
| 2019 | $10,895 | $969,000 | $153,000 | $816,000 |
| 2018 | $10,770 | $960,838 | $120,104 | $840,734 |
| 2017 | $10,581 | $941,998 | $117,749 | $824,249 |
| 2016 | $10,358 | $923,527 | $115,440 | $808,087 |
| 2015 | $10,228 | $909,655 | $113,706 | $795,949 |
| 2014 | $10,092 | $891,836 | $111,479 | $780,357 |
Source: Public Records
Agents Affiliated with this Home
-
Julieanne Lam Phan
-
DC
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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