NOT LISTED FOR SALE

1322 W Arrow Hwy Upland, CA 91786

Estimated Value: $1,323,000 - $1,458,901

8 Beds
8 Baths
4,000 Sq Ft
$352/Sq Ft Est. Value

Last Sold January 05, 2022

Last sale price $1,290,000 $322 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $8,616/month

14 Days on Market

Highlights

  • Mountain View
  • Granite Countertops
  • No HOA
  • Upland High School Rated A-
  • Lawn
  • 4 Car Direct Access Garage

About This Home

As of January 2022

Nice fully rented 4-Plex. Exterior of building has new paint. All 4 units were remodeled with new kitchens. 3 of the units have an outdoor patio with newer fence enclosing them. Building had repipe 2 years ago. All tenants have 1 year leases ending at different times. Drive By Only. No Showings. Please don't disturb tenants.

Last Agent to Sell the Property

Mark Roberts

Edico Realty, Inc. License #01886445 Listed on: 11/17/2021

Co-Listed By

Makiko Roberts

Edico Realty, Inc. License #01886450

Last Buyer's Agent

Robert Mathias

AQHL BANCORP License #01925723

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • 8,400 Sq Ft Lot
  • 1 Common Wall
  • Vinyl Fence
  • Landscaped
  • Lawn
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Direct Access Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Quadruplex
  • Major Repairs Completed
  • Slab Foundation
  • Fire Rated Drywall
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,000 Sq Ft Home
  • 2-Story Property
  • Window Screens
  • Living Room
  • Mountain Views

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • 220 Volts
  • Natural Gas Connected
  • Central Water Heater
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 7
  • Tax Tract Number 6783
  • Assessor Parcel Number 1007491130000
  • $704 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Electric Expense $570
  • Gardener Expense $960
  • Insurance Expense $1,500
  • Other Expense $2,748
  • Trash Expense $3,712
  • Water Sewer Expense $1,981
  • New Taxes Expense $14,190
  • Operating Expense $25,661
  • Gross Income $74,400
  • Net Operating Income $48,739

Property Details

Home Type

Multi-Family

Year Built

Built in 1964 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 1981.00
  • Property Condition: Repairs Major, Updated/Remodeled
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 1007491130000
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate, Tile
  • Accessibility Features: Parking
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 322.50
  • Room Type: Kitchen, Living Room, Master Bedroom
  • Window Features: Screens

Exterior Features

  • Foundation: Slab
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Vinyl
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Direct Garage Access, Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Microwave, Water Heater Central
  • Electric: 220 Volts
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Sewer Paid
  • Trash Expense: 3712.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Landscaped, Lawn
  • Lot Size Sq Ft: 8400.00
  • Lot Size Acres: 0.1928

Rental Info

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

Multi Family

  • Electric Expense: 570.00
  • Gross Income: 74400.00
  • Gross Scheduled Income: 74400.00
  • Insurance Expense: 1500.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 1200.00
  • Lot Size Area: 8400.0000 Square Feet
  • Net Operating Income: 48739.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Patio: 3
  • Number With Range: 4
  • Operating Expense: 25661.00
  • Other Expense: 2748.00
  • Other Expense Description: Gas
  • Rent Control: Yes
  • Total Expenses: 25661.00

Tax Info

  • New Taxes Expense: 14190.00
  • Tax Census Tract: 8.23
  • Tax Lot: 7
  • Tax Tract Number: 6783
  • TaxOtherAnnualAssessmentAmount: 704.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2021
Closed on
Dec 22, 2021
Sold by
Shotaro Akita
Bought by
Ssj Investment Group Llc
Seller's Agent
Mark Roberts
Edico Realty, Inc.
Buyer's Agent
Robert Mathias
AQHL BANCORP
List Price
$1,290,000
Sold Price
$1,290,000
Current Estimated Value
$1,408,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,975
Avg. Annual Appreciation
2.25%

Purchase Details

Listed on
Jul 16, 2015
Closed on
Aug 10, 2015
Sold by
Akita Ayumi
Bought by
Akita Shotaro
Seller's Agent
SHERRY MURRAY
Century 21 Masters
Buyer's Agent
Makiko Roberts
Edico Realty, Inc.
List Price
$729,000
Sold Price
$715,000
Premium/Discount to List
-$14,000
-1.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.80%
Original Mortgage
$429,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 16, 2015
Closed on
Jul 23, 2015
Sold by
Muscarello Andrew C and Muscarello Barbara W
Bought by
Akita Shotaro
Seller's Agent
SHERRY MURRAY
Century 21 Masters
Buyer's Agent
Makiko Roberts
Edico Realty, Inc.
List Price
$729,000
Sold Price
$715,000
Premium/Discount to List
-$14,000
-1.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$429,000
Interest Rate
3.86%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ssj Investment Group Llc $1,300,000 First American Title
Akita Shotaro -- Chicago Title Inland Empire
Akita Shotaro $715,000 Chicago Title Inland Empire
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Akita Shotaro $429,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/05/2022 01/05/22 Sold $1,290,000 0.0% $323 / Sq Ft
12/01/2021 12/01/21 Pending -- -- --
11/17/2021 11/17/21 For Sale $1,290,000 +80.4% $323 / Sq Ft
09/17/2015 09/17/15 Sold $715,000 -1.9% $179 / Sq Ft View Prior Sale
08/21/2015 08/21/15 Pending -- -- --
07/16/2015 07/16/15 For Sale $729,000 -- $182 / 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 $14,549 $1,379,571 $482,850 $896,721
2024 $14,549 $1,352,520 $473,382 $879,138
2023 $14,335 $1,326,000 $464,100 $861,900
2022 $8,686 $797,597 $256,570 $541,027
2021 $8,679 $781,958 $251,539 $530,419
2020 $8,444 $773,940 $248,960 $524,980
2019 $8,415 $758,764 $244,078 $514,686
2018 $8,208 $743,886 $239,292 $504,594
2017 $7,972 $729,300 $234,600 $494,700
2016 $1,126 $103,434 $17,548 $85,886
2015 $1,101 $101,880 $17,284 $84,596
2014 $1,073 $99,884 $16,945 $82,939
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Mark Roberts

    Edico Realty, Inc.

    (949) 291-5348

    1 in this area

    21 Total Sales

    Mark Roberts
    Section Image

  • M

    Seller Co-Listing Agent in 2022

    Makiko Roberts

    Edico Realty, Inc.

    (877) 877-7770

    1 in this area

    12 Total Sales

    Makiko Roberts
    Section Image

  • R

    Buyer's Agent in 2022

    Robert Mathias

    AQHL BANCORP

    (626) 290-6357

    2 in this area

    18 Total Sales

    Robert Mathias
    Section Image

  • S

    Seller's Agent in 2015

    SHERRY MURRAY

    Century 21 Masters

  • J

    Seller Co-Listing Agent in 2015

    JOHN BOAL

    CENTURY 21 BEACHSIDE

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21250599

California Regional Multiple Listing Service (CRMLS)

APN: 1007-491-13

California San Bernardino County Upland 91786

1322 W Arrow Hwy, Upland, CA

Not Listed for Sale

MultiFamily

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