NOT LISTED FOR SALE

12406 2nd St Yucaipa, CA 92399

Estimated Value: $597,670 - $748,000

1 Bed
1 Bath
2,000 Sq Ft
$339/Sq Ft Est. Value

Last Sold October 17, 2017

Last sale price $375,000 $188 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,971/month

24 Days on Market

Highlights

  • No HOA
  • Mountainous Community
  • Wall Furnace
  • Cooling System Mounted To A Wall/Window

About This Home

As of October 2017

Four Units for Sale! Great investment opportunity for first time home buyers or an investor! Great 4 UNIT property in the up-and-coming neighborhood of Yucaipa, CA. Each unit offers 1 bedroom and 1 bath with a carport for each unit. Each with their own Gas and Electricity meter. Close to shopping centers and downtown Yucaipa. Live in one and rent the others. Come take a look!

Last Agent to Sell the Property

Edith Martinez

EM Realty Group, Inc. License #01886523 Listed on: 07/22/2017

Last Buyer's Agent

Garvy Hou

PACIFIC STERLING REALTY License #01343311

PACIFIC STERLING REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,012

Year Built

  • Built in 1958

Lot Details

  • 10,400 Sq Ft Lot
  • Two or More Common Walls
  • No Landscaping

Home Design

  • Quadruplex

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Parking Available
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Septic Type Unknown

Listing and Financial Details

  • Assessor Parcel Number 0319361140000

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Mountainous Community

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $1,500
  • Trash Expense $50
  • Water Sewer Expense $300
  • Operating Expense $4,200
  • Net Operating Income $2,350

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,012

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Water Sewer Expenses: 300.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 0319361140000
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 187.50

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Unknown
  • Trash Expense: 50.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Mountainous

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: No Landscaping
  • Lot Size Sq Ft: 10400.00

Multi Family

  • Gross Scheduled Income: 2700.00
  • Insurance Expense: 1500.00
  • Net Operating Income: 2350.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 350.00
  • Rent Control: No
  • Total Expenses: 4200.00

Tax Info

  • Tax Census Tract: 88.00
  • Tax Lot: 00
  • Tax Tract Number: 00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2017
Sold by
Arriaga Jose A and Arriaga Maria De Jesus
Bought by
Chen Kevin Zhi Qiang and Chen Dan Ling
Current Estimated Value
$677,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2006
Sold by
Curl Ruth Ann
Bought by
Dejesus Arriaga Jose A and Dejesus Arriaga Maria

Purchase Details

Closed on
Apr 25, 2003
Sold by
Smith Violet B
Bought by
Curl Ruth Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.98%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 13, 1997
Sold by
Smith Violet B
Bought by
Smith Violet B and Marrow Doris

Purchase Details

Closed on
Feb 10, 1994
Sold by
Ress Financial Corp
Bought by
Smith Violet B
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Chen Kevin Zhi Qiang $375,000 First American Title
Dejesus Arriaga Jose A $450,000 Chicago Title Company
Curl Ruth Ann $162,500 Chicago Title Co
Smith Violet B -- --
Smith Violet B $54,246 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen Kevin Zhi Qiang $281,250
Previous Owner Curl Ruth Ann $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2017 10/17/17 Sold $375,000 0.0% $188 / Sq Ft
08/15/2017 08/15/17 Pending -- -- --
08/14/2017 08/14/17 Off Market $375,000 -- --
07/22/2017 07/22/17 For Sale $379,900 -- $190 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $5,012 $426,685 $85,336 $341,349
2024 $5,012 $418,319 $83,663 $334,656
2023 $4,993 $410,117 $82,023 $328,094
2022 $4,938 $402,076 $80,415 $321,661
2021 $4,879 $394,192 $78,838 $315,354
2020 $4,925 $390,150 $78,030 $312,120
2019 $4,799 $382,500 $76,500 $306,000
2018 $4,688 $375,000 $75,000 $300,000
2017 $4,323 $345,300 $67,600 $277,700
2016 $3,879 $306,100 $59,900 $246,200
2015 $3,589 $280,600 $54,900 $225,700
2014 $3,586 $280,600 $54,900 $225,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17168209

California Regional Multiple Listing Service (CRMLS)

APN: 0319-361-14