NOT LISTED FOR SALE

141 E 1st St San Dimas, CA 91773

Estimated Value: $1,057,000 - $1,221,000

4 Beds
4 Baths
1,934 Sq Ft
$591/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $1,050,000 $543 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $7,369/month

Highlights

  • Property is near a park
  • 1-Story Property
  • 2-minute walk to Civic Center Park
  • Fred Ekstrand Elementary School Rated A-

About This Home

As of May 2023

This is a fantastic investment opportunity, situated in a peaceful and convenient area of San Dimas, across the street from Civic Center Park. Two separate Duplex's; 4 Total Units, plus 2 two car garages. Each unit offers 1 bedrooms, 1 bathroom, and a cozy living room. Each unit also has its own separate entrance, allowing for privacy and independence for tenants. These properties have been in the same family for 40 years and has been under professional property management throughout their ownership. Don't miss out on this rare chance to own a piece of prime San Dimas real estate.

Last Agent to Sell the Property

James Baiseri

KALEO REAL ESTATE COMPANY License #01448179 Listed on: 04/30/2023

Last Buyer's Agent

Sarmad Jalal

HomeSmart, Evergreen Realty License #02026188

HomeSmart, Evergreen Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,734

Year Built

  • Built in 1938

Lot Details

  • 7,125 Sq Ft Lot
  • No Common Walls

Parking

  • 1 Open Parking Space
  • 4 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 1,934 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • Exterior Lighting
  • Property is near a park

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, parking fee
  • Tax Lot 316
  • Tax Tract Number 400
  • $1,733 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Gardener Expense $1,500
  • Insurance Expense $2,700
  • Pest Control $330
  • Professional Management Expense $3,900
  • Trash Expense $1,110
  • Water Sewer Expense $1,304
  • New Taxes Expense $11,488
  • Operating Expense $22,332
  • Gross Income $53,004
  • Net Operating Income $30,672

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,734

Year Built

Built in 1938

Lot Details

0

Parking

4

Listing Details

  • CapRate: 3.00
  • Price Per Unit: 249375
  • Professional Management Expense: 3900.00
  • Property Attached: No
  • Water Sewer Expenses: 1304.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1500.00
  • Year Built: 1938
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 542.92

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 1.00

Utilities

  • Laundry: No
  • Pest Control Expense: 330.00
  • Sewer: Public Sewer
  • Trash Expense: 1110.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 7125.00
  • Lot Size Acres: 0.1636

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Parking Fee

Multi Family

  • Gross Income: 53004.00
  • Gross Scheduled Income: 53004.00
  • Insurance Expense: 2700.00
  • Lot Size Area: 7125.0000 Square Feet
  • Net Operating Income: 30672.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number Wall A C: 4
  • Number With Range: 4
  • Operating Expense: 22332.00
  • Rent Control: No
  • Total Actual Rent: 4417.00
  • Total Expenses: 22332.00

Tax Info

  • New Taxes Expense: 11488.00
  • Tax Lot: 316
  • Tax Tract Number: 400...
  • TaxOtherAnnualAssessmentAmount: 1733.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2023
Closed on
May 4, 2023
Sold by
Ryan Family Trust
Bought by
Koperly Mostafa and Koperly Nazik
Seller's Agent
James Baiseri
KALEO REAL ESTATE COMPANY
Buyer's Agent
Sarmad Jalal
HomeSmart, Evergreen Realty
List Price
$997,500
Sold Price
$1,050,000
Premium/Discount to List
$52,500
5.26%
Current Estimated Value
$1,142,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,260
Avg. Annual Appreciation
3.16%
Original Mortgage
$787,500
Outstanding Balance
$767,277
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$358,509

Purchase Details

Listed on
Apr 30, 2023
Closed on
Apr 27, 2023
Sold by
Ryan Family Trust
Bought by
Ryan Family Trust
Seller's Agent
James Baiseri
KALEO REAL ESTATE COMPANY
Buyer's Agent
Sarmad Jalal
HomeSmart, Evergreen Realty
List Price
$997,500
Sold Price
$1,050,000
Premium/Discount to List
$52,500
5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,500
Outstanding Balance
$767,277
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$358,509

Purchase Details

Closed on
Dec 10, 2020
Sold by
Ryan Kenneth J
Bought by
Ryan Kenneth J and Ryan Margaret R

Purchase Details

Closed on
Dec 8, 2020
Sold by
Ryan David L and Ryan Kenneth J
Bought by
Ryan Ruth Weis
Source: Public Records

Range of Values:

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Average Value
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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
Koperly Mostafa $1,050,000 Wfg National Title
Ryan Family Trust -- Accommodation/Courtesy Recordi
Ryan Kenneth J -- Accommodation
Ryan David L -- Accommodation
Ryan David L -- Accommodation
Ryan Ruth Weis -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koperly Mostafa $787,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $1,050,000 +5.3% $543 / Sq Ft
04/30/2023 04/30/23 Pending -- -- --
04/30/2023 04/30/23 For Sale $997,500 -- $516 / 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 $13,734 $1,092,420 $884,340 $208,080
2024 $13,734 $1,071,000 $867,000 $204,000
2023 $3,244 $132,736 $26,396 $106,340
2022 $3,188 $130,134 $25,879 $104,255
2021 $3,112 $127,583 $25,372 $102,211
2020 $3,086 $126,535 $25,112 $101,423
2019 $3,065 $124,060 $24,620 $99,440
2018 $2,916 $121,634 $24,138 $97,496
2016 $2,764 $116,662 $23,201 $93,461
2015 $2,740 $114,911 $22,853 $92,058
2014 $2,753 $112,661 $22,406 $90,255
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV23072948

California Regional Multiple Listing Service (CRMLS)

APN: 8387-017-025