NOT LISTED FOR SALE
4 Beds
2 Baths
7,337 Sq Ft
0.76 Acres

Last Sold November 08, 2017

Last sale price $730,000 $99 Per Sq Ft

203 Days on Market

Highlights

  • No HOA
  • Courtyard Views
  • 1-Story Property

About This Home

As of November 2017

Investment Opportunity! A well-maintained gated 9 units apartment complex in great location. Closing to shopping, businesses, schools and Victor Valley Community College. Each unit has 2 bedrooms and 1 bathroom with central air, heater, and private yard. Amenities include laundry facility, covered car ports, storage and mail boxes.

Last Agent to Sell the Property

Henry Chuang

HENRY CHUANG, BROKER License #01838832 Listed on: 04/03/2017

Last Buyer's Agent

Tricia Cerda

RE/MAX Empire Properties License #01098061

RE/MAX Empire Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 0.76 Acre Lot
  • Two or More Common Walls
  • Density is 11-15 Units/Acre

Parking

  • 9 Car Garage
  • Carport
  • Parking Available

Home Design

  • Apartment
  • Composition Roof

Interior Spaces

  • 7,337 Sq Ft Home
  • 1-Story Property
  • Courtyard Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Exterior Lighting
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 104
  • Tax Tract Number 6257
  • Assessor Parcel Number 3087337010000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 9 Units

Building Details

  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,509
  • Professional Management Expense $3,444
  • Trash Expense $1,800
  • Water Sewer Expense $3,240
  • New Taxes Expense $7,297
  • Operating Expense $18,290
  • Gross Income $70,200
  • Net Operating Income $53,536

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Parking

9

Listing Details

  • Professional Management Expense: 3444.00
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 3240.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 3087337010000
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 99.50

Exterior Features

  • View: Courtyard
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 9.00
  • Parking: Yes
  • Parking Features: Carport, Covered
  • Total Parking Spaces: 9.00

Utilities

  • Sewer: Unknown
  • Trash Expense: 1800.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 33300.00

Multi Family

  • Gross Income: 70200.00
  • Gross Scheduled Income: 75600.00
  • Insurance Expense: 2509.00
  • Laundry Income: 840.00
  • Net Operating Income: 53536.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 9
  • Operating Expense: 26064.00
  • Rent Control: No
  • Total Expenses: 18290.00

Tax Info

  • New Taxes Expense: 7297.00
  • Tax Census Tract: 97.10
  • Tax Lot: 104
  • Tax Tract Number: 6257

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2017 11/08/17 Sold $730,000 -6.4% $99 / Sq Ft
10/23/2017 10/23/17 Pending -- -- --
04/03/2017 04/03/17 For Sale $780,000 +34.5% $106 / Sq Ft
06/27/2014 06/27/14 Sold $580,000 -6.3% $79 / Sq Ft
05/12/2014 05/12/14 Pending -- -- --
04/04/2014 04/04/14 For Sale $618,993 0.0% $84 / Sq Ft
01/22/2013 01/22/13 Rented $645 +9.1% --
01/22/2013 01/22/13 Under Contract -- -- --
12/18/2012 12/18/12 For Rent $591 -8.4% --
06/15/2012 06/15/12 Rented $645 0.0% --
06/07/2012 06/07/12 Under Contract -- -- --
01/01/2012 01/01/12 For Rent $645 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV17070342

California Regional Multiple Listing Service (CRMLS)