NOT LISTED FOR SALE

1358 N Arrowhead Ave San Bernardino, CA 92405

SBHS Neighborhood
8 Beds
8 Baths
4,774 Sq Ft
8,400 Sq Ft Lot

Last Sold August 19, 2016

Last sale price $675,000 $141 Per Sq Ft

176 Days on Market

About This Home

As of August 2016

HUGE UPSIDE ON RENTS! Completely remodeled 8-unit apartment complex featuring all new cabinets, granite countertops, flooring, heaters, interior and exterior paint, upgraded copper piping and backflow device with cage! This beautifully landscaped and impeccably well-maintained building also provides controlled entry, ample exterior lighting, covered parking, and an on-site laundry facility. Centrally located near schools, public transportation, restaurants and shops. Easy access to 210, 215, 259 and 10 Freeways. All units are 1 bedroom/1 bathroom, with gas and electric separately metered. Units are fully occupied, property is turn key and easy to operate and maintain. Strong rent market. Please do not disturb occupants, showing upon accepted offer.

Last Agent to Sell the Property

James Chanthaphak

LRS Realty & Management Inc. License #01895427 Listed on: 02/08/2016

Co-Listed By

Dawnelle Howard

No Firm Affiliation License #00961158

Last Buyer's Agent

Brett Lyon

Lyon Stahl Investment Real Estate, Inc. License #01717818

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1981

Lot Details

  • 8,400 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 4,774 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Parking

  • 16 Parking Spaces
  • 8 Detached Carport Spaces
  • Parking Available

Location

  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 4
  • Tax Tract Number 55
  • Assessor Parcel Number 0145212330000

Community Details

Overview

  • 8 Units

Building Details

  • 8 Leased Units
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $624
  • Gardener Expense $340
  • Insurance Expense $1,000
  • Maintenance Expense $3,465
  • Pest Control $1,700
  • Professional Management Expense $3,121
  • Trash Expense $600
  • Water Sewer Expense $2,431
  • New Taxes Expense $5,248
  • Gross Income $5,525
  • Net Operating Income $47,680

Property Details

Home Type

Multi-Family

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Professional Management Expense: 3121.00
  • Property Attached: Yes
  • Water Sewer Expenses: 2431.00
  • Property Type: Residential Income
  • Gardener Expense: 340.00
  • Parcel Number: 0145212330000
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 141.39

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 8.00
  • Parking: Yes
  • Parking Features: Detached Carport
  • Total Parking Spaces: 16.00

Utilities

  • Utilities: Sewer Connected
  • Pest Control Expense: 1700.00
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8400.00
  • Price Per Lot Square Foot: 80.36
  • Lot Size Acres: 0.1930

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 624.00
  • Gross Income: 5525.00
  • Gross Scheduled Income: 66300.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 8400.0000 Square Feet
  • Maintenance Expense: 3465.00
  • Net Operating Income: 47680.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 8
  • Number Of Units Total: 8
  • Operating Expense: 18620.00
  • Rent Control: No
  • Total Actual Rent: 5300.00

Tax Info

  • New Taxes Expense: 5248.00
  • Tax Lot: 4
  • Tax Tract Number: 55

Range of Values:

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Sold Price
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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
08/19/2016 08/19/16 Sold $675,000 -3.4% $141 / Sq Ft
08/02/2016 08/02/16 Pending -- -- --
02/08/2016 02/08/16 For Sale $699,000 +23.0% $146 / Sq Ft
08/07/2014 08/07/14 Sold $568,500 -5.3% $119 / Sq Ft
04/30/2014 04/30/14 Pending -- -- --
12/23/2013 12/23/13 For Sale $600,000 +51.9% $126 / Sq Ft
09/30/2013 09/30/13 Sold $395,000 -1.0% $83 / Sq Ft
09/18/2013 09/18/13 Pending -- -- --
08/05/2013 08/05/13 For Sale $399,000 -- $84 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    James Chanthaphak

    LRS Realty & Management Inc.

    (818) 535-1282

    1 Total Sale

    James Chanthaphak
    Section Image

  • D

    Seller Co-Listing Agent in 2016

    Dawnelle Howard

    No Firm Affiliation

  • Brett Lyon

    Buyer's Agent in 2016

    Brett Lyon

    Lyon Stahl Investment Real Estate, Inc.

    (310) 780-1899

    147 Total Sales

    Brett Lyon
    Section Image

  • K

    Seller's Agent in 2014

    KELLI MORENO

    PRO STAR REALTY GROUP

  • Allison Gelbrich

    Buyer's Agent in 2014

    Allison Gelbrich

    Dreamscape Real Estate

    (951) 710-0382

    114 Total Sales

    Allison Gelbrich
    Section Image

  • A

    Seller's Agent in 2013

    Andre Melikian

    Andre Melikian

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16026046

California Regional Multiple Listing Service (CRMLS)
California San Bernardino County San Bernardino 92405 SBHS

1358 N Arrowhead Ave, San Bernardino, CA

This home is located at 1358 N Arrowhead Ave, San Bernardino, CA 92405 since 08 February 2016. This property was built in 1981. 1358 N Arrowhead Ave is a home located in San Bernardino County with nearby schools including Lincoln Elementary School, Arrowview Middle School, and San Bernardino High School.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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