NOT LISTED FOR SALE

12542 7th St Yucaipa, CA 92399

9 Beds
6 Baths
4,000 Sq Ft
1.06 Acre Lot

Sale Details

Date Sold: April 18, 2019

Last sale price $720,000 $180 Per Sq Ft

1 Day on Market

Highlights

  • Golf Course Community
  • 1.06 Acre Lot
  • No HOA
  • Fishing
  • Community Lake
  • Hiking Trails

About This Home

As of April 2019

Here is a great opportunity in Yucaipa to purchase 6 income producing units. The mix is, 3, One bedroom units and 3, Two bedroom units.

Last Agent to Sell the Property

Bud Reynolds

COLDWELL BANKER KIVETT-TEETERS License #01142371 Listed on: 04/03/2019

COLDWELL BANKER KIVETT-TEETERS

Last Buyer's Agent

Christopher Dumayas

MZ BROKERAGE INC. License #01954052

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 1.06 Acre Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Parking

  • 3 Car Garage
  • 10 Open Parking Spaces
  • 3 Attached Carport Spaces
  • Parking Available
  • Circular Driveway
  • Unpaved Parking

Home Design

  • 4,000 Sq Ft Home
  • Property Attached
  • Cosmetic Repairs Needed

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Utilities

  • Evaporated cooling system
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Additional Features

  • Laundry in Garage
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 43
  • Assessor Parcel Number 0318153150000

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 6 Units
  • Community Lake
  • Foothills

Recreation

  • Golf Course Community
  • Fishing
  • Park
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Building Details

  • 6 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,600
  • Trash Expense $1,100
  • Water Sewer Expense $4,250
  • Operating Expense $7,200
  • Net Operating Income $51,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

1.06 Acres

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 4250.00
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 0318153150000
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 180.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 3.00
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Carport, Attached Carport, Circular Driveway, Asphalt, Unpaved, Garage
  • Total Parking Spaces: 16.00
  • Uncovered Spaces: 10.00

Utilities

  • Utilities: Electricity Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage, Inside
  • Sewer: Public Sewer
  • Trash Expense: 1100.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s), Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Fishing, Foothills, Golf, Hiking, Lake, Horse Trails, Park, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 46173.00
  • Lot Size Acres: 1.0600
  • Latitude Manual: 34.02590100

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Gross Scheduled Income: 57300.00
  • Insurance Expense: 2600.00
  • Lot Size Area: 46173.0000 Square Feet
  • Net Operating Income: 51000.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 7200.00
  • Rent Control: No
  • Total Expenses: 7200.00

Tax Info

  • Tax Lot: 43
  • Tax Tract Number: 0000

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

Closed on
Jan 25, 2022
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
$3,270,700
Interest Rate
0.0467%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 3, 2019
Closed on
Apr 8, 2019
Sold by
Bought by
Seller's Agent
Bud Reynolds
COLDWELL BANKER KIVETT-TEETERS
Buyer's Agent
Christopher Dumayas
MZ BROKERAGE INC.
List Price
$784,900
Sold Price
$720,000
Premium/Discount to List
-$64,900
-8.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
0.044%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 11, 2013
Sold by
Bought by

Purchase Details

Closed on
Aug 5, 2002
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
$140,000
Interest Rate
0.0599%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 29, 2002
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
$140,000
Interest Rate
0.0599%
Mortgage Type
Commercial
Source: Public Records
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

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
-- Orange Coast Title
$720,000 Orange Coast Title
-- None Available
-- First American
$337,000 First American
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
Closed $4,750,000
Closed $3,270,700
Closed $720,000
Closed $200,000
Closed $55,000
Closed $30,000
Closed $140,000
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
04/18/2019 04/18/19 Sold $720,000 -8.3% $180 / Sq Ft
04/04/2019 04/04/19 Pending -- -- --
04/03/2019 04/03/19 For Sale $784,900 -- $196 / 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
2025 $9,634 $803,174 $223,104 $580,070
2024 $9,350 $787,425 $218,729 $568,696
2023 $9,313 $771,985 $214,440 $557,545
2022 $9,211 $756,848 $210,235 $546,613
2021 $9,099 $742,008 $206,113 $535,895
2020 $9,187 $734,400 $204,000 $530,400
2019 $5,563 $437,547 $135,030 $302,517
2018 $5,436 $428,967 $132,382 $296,585
2017 $5,323 $420,556 $129,786 $290,770
2016 $5,255 $412,310 $127,241 $285,069
2015 $5,203 $406,117 $125,330 $280,787
2014 $5,103 $398,162 $122,875 $275,287
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV19074410

California Regional Multiple Listing Service (CRMLS)
Your Personal Tour Guide

Ask me questions while you tour the home.