NOT LISTED FOR SALE
6 Beds
3 Baths
4,432 Sq Ft
6,750 Sq Ft Lot

Last Sold February 01, 2022

Last sale price $870,000 $196 Per Sq Ft

14 Days on Market

About This Home

As of February 2022

Investor's delight!! 6 units - All units consist of 2 bedroom / 1 bath approximately 738 square feet each. Each unit has a 1 car attached garage and a second parking space in front of the garage. Vacancies are rare at this property, however when they have occurred, updating to the unit has coincided. This property has been managed very well and is located in a highly desirable area of San Bernardino. This property will not last!

Last Agent to Sell the Property

Guillermo Durell

Realty Source Inc. License #01732446 Listed on: 09/29/2021

Last Buyer's Agent

Joe Rodriguez

Capstone Realty License #01406986

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 6,750 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot

Parking

  • 6 Car Garage

Home Design

  • Apartment

Interior Spaces

  • 4,432 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 16 / B
  • Assessor Parcel Number 0145174070000
  • $2,085 per year additional tax assessments

Community Details

Overview

  • 6 Units

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $768
  • Insurance Expense $2,400
  • Maintenance Expense $3,000
  • Trash Expense $3,072
  • Water Sewer Expense $4,608
  • New Taxes Expense $8,256
  • Operating Expense $21,636
  • Gross Income $74,100
  • Net Operating Income $52,464

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

6

Listing Details

  • CapRate: 5.67
  • Price Per Unit: 154167
  • Property Attached: Yes
  • Water Sewer Expenses: 4608.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 0145174070000
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 196.30

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 3072.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 6750.00
  • Lot Size Acres: 0.1550

Multi Family

  • Electric Expense: 768.00
  • Gross Income: 74100.00
  • Gross Multiplier: 12.48
  • Gross Operating Income: 74100.00
  • Gross Scheduled Income: 74100.00
  • Insurance Expense: 2400.00
  • Lot Size Area: 6750.0000 Square Feet
  • Maintenance Expense: 3000.00
  • Net Operating Income: 52464.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 23136.00
  • Rent Control: No
  • Total Expenses: 21636.00

Tax Info

  • New Taxes Expense: 8256.00
  • Tax Block: B
  • Tax Census Tract: 55.00
  • Tax Lot: 16
  • Tax Tract Number: 0000
  • TaxOtherAnnualAssessmentAmount: 2085.00

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
02/01/2022 02/01/22 Sold $870,000 -5.9% $196 / Sq Ft
10/13/2021 10/13/21 Pending -- -- --
09/29/2021 09/29/21 For Sale $925,000 +55.7% $209 / Sq Ft
09/15/2017 09/15/17 Sold $594,000 -3.4% $134 / Sq Ft
03/10/2017 03/10/17 For Sale $615,000 -- $139 / 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: DW21217332

California Regional Multiple Listing Service (CRMLS)