$1,350,000
SOLD APR 8, 2025

1413 Springfield St Upland, CA 91786

8 Beds
8 Baths
4,028 Sq Ft
7,800 Sq Ft Lot

Recently Sold

$335 Per Sq Ft

4% Below List Price

4 Days on Market

About This Home

As of April 2025

We are pleased to exclusively present the opportunity to acquire 1413 Springfield St, a 4-unit multi-family investment property located in the city of Upland, California. Constructed in 1965, the property sits on an 7,800 square feet parcel with a building area of 4,028 square feet. The property consists of four spacious two-bedroom / one & half bathroom floor plans with approximately 1,000 square feet per unit. The building offers its tenants garage parking and enclosed patio's in three units. Each unit is individually metered for gas and electricity, with the landlord responsible for water, sewer and trash. During long term ownership, the water lines have been upgraded to copper and each building is equipped with a 100-gallon water heater. The property is located in a prime rental area of Upland, offering both stable cash flow and future upside potential.

Last Agent to Sell the Property

Kevin Struve

MARCUS & MILLICHAP Brokerage Email: kevin.struve@marcusmillichap.com License #01266441 Listed on: 02/25/2025

Last Buyer's Agent

LiJia Hu

Coldwell Banker Envision License #02198975

Coldwell Banker Envision

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 7,800 Sq Ft Lot
  • Two or More Common Walls
  • Density is 16-20 Units/Acre

Parking

  • 2 Open Parking Spaces
  • 4 Car Garage

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 4,028 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 6
  • Tax Tract Number 7086
  • Assessor Parcel Number 1006521050000
  • $312 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $471
  • Gardener Expense $1,221
  • Insurance Expense $3,171
  • Maintenance Expense $4,000
  • Pest Control $200
  • Trash Expense $1,027
  • Water Sewer Expense $2,642
  • New Taxes Expense $14,837
  • Operating Expense $28,754
  • Gross Income $76,800
  • Net Operating Income $45,742

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2642.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1221.00
  • Parcel Number: 1006521050000
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 335.15

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: No
  • Pest Control Expense: 200.00
  • Sewer: Public Sewer
  • Trash Expense: 1027.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 16-20 Units/Acre
  • Lot Size Sq Ft: 7800.00
  • Lot Size Acres: 0.1791

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 1000 Square Feet
  • Electric Expense: 471.00
  • Gross Income: 76800.00
  • Gross Operating Income: 74496.00
  • Gross Scheduled Income: 76800.00
  • Insurance Expense: 3171.00
  • Lot Size Area: 7800.0000 Square Feet
  • Maintenance Expense: 4000.00
  • Net Operating Income: 45742.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 28754.00
  • Rent Control: No
  • Total Actual Rent: 6400.00
  • Total Expenses: 28754.00

Tax Info

  • New Taxes Expense: 14837.00
  • Tax Census Tract: 8.17
  • Tax Lot: 6
  • Tax Tract Number: 7086
  • TaxOtherAnnualAssessmentAmount: 312.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2025
Closed on
Apr 16, 2025
Sold by
Hu Lijia
Bought by
Maple Grove Holdings Llc
Seller's Agent
Kevin Struve
MARCUS & MILLICHAP
Buyer's Agent
LiJia Hu
Coldwell Banker Envision
List Price
$1,400,000
Sold Price
$1,350,000
Premium/Discount to List
-$50,000
-3.57%
Current Estimated Value
$1,366,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,350
Avg. Annual Appreciation
1.81%

Purchase Details

Listed on
Feb 25, 2025
Closed on
Mar 10, 2025
Sold by
Robert W & Mary L Barlow Family Decedent and Torrence Chris
Bought by
Hu Lijia
Seller's Agent
Kevin Struve
MARCUS & MILLICHAP
Buyer's Agent
LiJia Hu
Coldwell Banker Envision
List Price
$1,400,000
Sold Price
$1,350,000
Premium/Discount to List
-$50,000
-3.57%

Purchase Details

Closed on
Sep 11, 2019
Sold by
Barlow Mary L
Bought by
Barlow Mary L and Torrence Chris

Purchase Details

Closed on
May 27, 2014
Sold by
Barlow Mary L
Bought by
The Robert W & Mary L Barlow Family Revo

Purchase Details

Closed on
Oct 8, 2009
Sold by
Barlow Robert W
Bought by
Barlow Robert W and Barlow Mary L

Purchase Details

Closed on
Apr 23, 2003
Sold by
Barlow Robert W
Bought by
The Robert W & Mary L Barlow Family Revo
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Grant Deed -- Stewart Title Guaranty Company
Grant Deed $1,350,000 Stewart Title Guaranty Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $0 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2025 04/08/25 Sold $1,350,000 -3.6% $335 / Sq Ft
02/25/2025 02/25/25 For Sale $1,400,000 -- $348 / 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 $1,417 $112,691 $15,587 $97,104
2024 $1,417 $110,481 $15,281 $95,200
2023 $1,393 $108,314 $14,981 $93,333
2022 $1,362 $106,190 $14,687 $91,503
2021 $1,355 $104,108 $14,399 $89,709
2020 $1,319 $103,040 $14,251 $88,789
2019 $1,315 $101,020 $13,972 $87,048
2018 $1,286 $99,039 $13,698 $85,341
2017 $1,250 $97,097 $13,429 $83,668
2016 $1,037 $95,193 $13,166 $82,027
2015 $1,014 $93,763 $12,968 $80,795
2014 $988 $91,926 $12,714 $79,212
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV25041499

California Regional Multiple Listing Service (CRMLS)

APN: 1006-521-05