NOT LISTED FOR SALE
14 Beds
14 Baths
6,266 Sq Ft
0.75 Acres

Last Sold July 20, 2017

Last sale price $588,000 $94 Per Sq Ft

41 Days on Market

Highlights

  • Corner Lot
  • Cooling System Powered By Gas
  • Laundry Room
  • Neighborhood Views
  • Living Room
  • 1-minute walk to Yucca Loma Park

About This Home

As of July 2017

Location, Location, location of this 7 units compompound is across the street from Yucca Loma Elementary School, Public PlayGround for family to enjoy and peaceful surrounding of housing community of Vineyard and Shopping Centers within short distance less than 5-10 minutes. Each unit has 2 Bedrooms 2 Bathroom with small attached indoor patio area and assisgned as well as ample parking spaces.

The price per unit for $84,143 is very reasonable for visionary investor to remodel with higher future rental income. Property is sold in its present conditions without any kind of repairs for roof, termite nor warranty. The current stable 6 residents have been living there for more than 1-4 years with exception of 1 unit. It's would worth to drive by and preview this apartment location.

Last Agent to Sell the Property

Nittaya Pichedvanichok

NP International Real Estate License #00880935 Listed on: 04/25/2017

Last Buyer's Agent

Phillip Nguyen

First Galaxy Inc License #01375417

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 0.75 Acre Lot
  • Two or More Common Walls
  • Rural Setting
  • Corner Lot

Home Design

  • Apartment
  • Composition Roof
  • Common Roof

Interior Spaces

  • 6,266 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Neighborhood Views

Kitchen

  • Gas Cooktop
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 14 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • Detached Carport Space
  • Parking Available
  • Driveway
  • Unassigned Parking

Utilities

  • Cooling System Powered By Gas
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 3447
  • Tax Tract Number 3641
  • Assessor Parcel Number 3087301130000

Community Details

Overview

  • 2 Buildings
  • 7 Units

Building Details

  • 7 Leased Units
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,400
  • Gardener Expense $1,200
  • Insurance Expense $1,900
  • Maintenance Expense $2,700
  • Professional Management Expense $6,420
  • Trash Expense $2,300
  • Water Sewer Expense $4,800
  • New Taxes Expense $7,363
  • Operating Expense $21,720
  • Gross Income $64,200
  • Net Operating Income $56,080

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Other Phone Description: 7145056610
  • Other Phone Number: 7145056610
  • Price Per Unit: 84143
  • Professional Management Expense: 6420.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • View: Yes
  • Water Sewer Expenses: 4800.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 3087301130000
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 93.84
  • Room Type: All Bedrooms Down, Kitchen, Living Room

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Roof: Common Roof, Composition
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned, Detached Carport, Driveway

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Range, Gas Cooktop
  • Heating Type: Central
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Trash Expense: 2300.00
  • Water Source: Public
  • Cooling: Central Air, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 32745.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 2400.00
  • Gross Income: 64200.00
  • Gross Scheduled Income: 64200.00
  • Insurance Expense: 1900.00
  • Maintenance Expense: 2700.00
  • Net Operating Income: 56080.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 7
  • Number Of Units Total: 7
  • Number With Disposal: 7
  • Number With Range: 7
  • Operating Expense: 6420.00
  • Operating Expense Percent: 25.00
  • Rent Control: No
  • Total Actual Rent: 4550.00
  • Total Expenses: 21720.00
  • Vacancy Allowance: 1700
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 7363.00
  • Tax Census Tract: 97.10
  • Tax Lot: 3447
  • Tax Tract Number: 3641

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
07/20/2017 07/20/17 Sold $588,000 -0.2% $94 / Sq Ft
06/05/2017 06/05/17 Pending -- -- --
04/25/2017 04/25/17 For Sale $589,000 +17.8% $94 / Sq Ft
04/14/2016 04/14/16 Sold $500,000 -10.6% $80 / Sq Ft
03/30/2016 03/30/16 Pending -- -- --
01/23/2016 01/23/16 For Sale $559,000 -- $89 / Sq Ft
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: PW17100068

California Regional Multiple Listing Service (CRMLS)