NOT LISTED FOR SALE

13063 5th St Yucaipa, CA 92399

2 Beds
1 Bath
19,674 Sq Ft
6.24 Acres

Last Sold November 09, 2020

Last sale price $3,350,000 $170 Per Sq Ft

213 Days on Market

Highlights

  • In Ground Pool
  • 6.24 Acre Lot
  • Park
  • Active Adult
  • No HOA
  • Laundry Room

About This Home

As of November 2020

A 74 unit MHP Senior community siting on 6 24 acres of land. Seventy two spaces occupied by mostly single wide and a few double wide space coaches, all units have their own green area and frontal /side parking space The Park has a Club House for the free use and entertainment of its tenants, a sparkling pool and recreation area open in summer time, and coin operated laundry facility. The Park also offers a 3 Bedroom 1 bathroom house and a separate two car garage currently used as storage by the Landlord. The Park has asphalt roads re-sealed about two years ago.
The park is conveniently located near the Interstate 10 and just 1.7 miles from Yucaipa City Hall the City Library and Yucaipa Valley Golf Club
The complex is sub metered for all utility services including electricity, gas, tenants also pay for trash water/ sewer expenses .All sub metered services are handled by a local billing company
The property is subject to the City of Yucaipa Rent Stabilization Ordinance

Last Agent to Sell the Property

Edwin Mariscal

Edwin Mariscal, Broker License #01119480 Listed on: 03/03/2020

Last Buyer's Agent

Edwin Mariscal

Edwin Mariscal, Broker License #01119480 Listed on: 03/03/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 6.24 Acre Lot
  • No Common Walls
  • Density is 11-15 Units/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway
  • Assigned Parking

Interior Spaces

  • 19,674 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Dryer

Additional Features

  • In Ground Pool
  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 6071 / 82
  • Tax Tract Number 22
  • Assessor Parcel Number 0319152480000

Community Details

Overview

  • Active Adult
  • No Home Owners Association
  • 73 Buildings
  • 74 Units
  • Foothills

Amenities

  • Laundry Facilities

Recreation

  • Park

Building Details

  • Rent Control
  • 74 Separate Electric Meters
  • 74 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $41,542
  • Fuel Expense $16,992
  • Insurance Expense $4,700
  • Professional Management Expense $23,968
  • Trash Expense $20,000
  • Water Sewer Expense $23,320
  • New Taxes Expense $43,290
  • Operating Expense $217,996
  • Gross Income $296,052
  • Net Operating Income $181,470

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • CapRate: 5.45
  • Professional Management Expense: 23968.00
  • Property Attached: No
  • Water Sewer Expenses: 23320.00
  • Property Type: Residential Income
  • Parcel Number: 0319152480000
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 170.28

Exterior Features

  • Pool Features: Private, In Ground
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Asphalt, On Site
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community, Dryer Included
  • Sewer: Public Sewer
  • Trash Expense: 20000.00
  • Water Source: Other, Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes
  • Community Features: Foothills, Park, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 271814.00
  • Lot Size Acres: 6.2400

Multi Family

  • Electric Expense: 41542.00
  • Fuel Expense: 16992.00
  • Gross Income: 296052.00
  • Gross Scheduled Income: 399466.00
  • Insurance Expense: 4700.00
  • Lot Size Area: 271814.0000 Square Feet
  • Net Operating Income: 181470.00
  • Number Of Separate Electric Meters: 74
  • Number Of Separate Gas Meters: 74
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 74
  • Operating Expense: 217996.00
  • Other Income1: 112296.00
  • Rent Control: Yes
  • Total Expenses: 217996.00

Tax Info

  • New Taxes Expense: 43290.00
  • Tax Block: 82
  • Tax Census Tract: 87.09
  • Tax Lot: 6071
  • Tax Tract Number: 22-022
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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 List to Sale Price per Sq Ft
11/09/2020 11/09/20 Sold $3,350,000 +0.6% $170 / Sq Ft
10/05/2020 10/05/20 Price Changed $3,330,000 0.0% $169 / Sq Ft
10/05/2020 10/05/20 For Sale $3,330,000 0.0% $169 / Sq Ft
03/03/2020 03/03/20 For Sale $3,330,000 -- $169 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $45,812 $3,626,146 $1,677,769 $1,948,377
2024 $44,529 $3,555,046 $1,644,872 $1,910,174
2023 $44,363 $3,485,340 $1,612,620 $1,872,720
2022 $43,902 $3,417,000 $1,581,000 $1,836,000
2021 $39,827 $3,048,418 $1,408,579 $1,639,839
2020 $40,187 $3,017,160 $1,394,136 $1,623,024
2019 $39,210 $2,958,000 $1,366,800 $1,591,200
2018 $34,922 $2,612,279 $1,286,322 $1,325,957
2017 $34,231 $2,561,058 $1,261,100 $1,299,958
2016 $33,820 $2,510,842 $1,236,373 $1,274,469
2015 $33,499 $2,473,127 $1,217,802 $1,255,325
2014 $32,892 $2,424,682 $1,193,947 $1,230,735
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20048491

California Regional Multiple Listing Service (CRMLS)