$650,500
SOLD OCT 30, 2020

1428 N Bordwell Ave Colton, CA 92324

10 Beds
5 Baths
3,800 Sq Ft
0.4 Acres

Recently Sold

$171 Per Sq Ft

1% Below List Price

6 Days on Market

Highlights

  • 0.4 Acre Lot
  • Neighborhood Views
  • Central Heating and Cooling System
  • Corner Lot
  • Cooling System Mounted To A Wall/Window
  • 3 Car Garage

About This Home

As of August 2022

PLEASED TO PRESENT A 5 UNIT MULTI-FAMILY! LOCATED IN COLTON, THE SUBJECT PROPERT IS LOCATED IN A SOLID RENTAL COMMUNITY. EACH UNIT IS A 2/1, WITH 4 UNITS AT 700 SF, 1 UNIT AT 800 SF. CURRENTLY LEASED WITH TENANTS HOWEVER THERE'S ONE VACANY CURRENTLY UNDER REHAB THEN WILL BE PRESENTED FOR LEASE. TENANTS ARE MTM(MONTH-TO-MONTH). NO HOA. SECURED FENCING. CORNER LOT. NEARBY SHOPPING AND AMENITIES, AND MINUTES FROM THE 10FWY. SEIZE THIS OPPORTUNITY BEFORE IT GOES. CALL WITH ANY QUESTIONS AND A TOUR.

Last Agent to Sell the Property

T.C. Obichang

eXp Realty of California Inc. License #01870646 Listed on: 10/01/2020

eXp Realty of California Inc.

Co-Listed By

Meg Montefalcon

EXP REALTY OF CALIFORNIA INC. License #01299808

EXP REALTY OF CALIFORNIA INC.

Last Buyer's Agent

Meg Montefalcon

EXP REALTY OF CALIFORNIA INC. License #01299808

EXP REALTY OF CALIFORNIA INC.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 0.4 Acre Lot
  • Property fronts an alley
  • Two or More Common Walls
  • Northwest Facing Home
  • Wrought Iron Fence
  • Corner Lot
  • Level Lot
  • Irregular Lot
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage
  • 2 Carport Spaces
  • Parking Available

Home Design

  • Property Attached
  • Turnkey

Interior Spaces

  • 3,800 Sq Ft Home
  • Neighborhood Views
  • Self-Cleaning Oven

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Natural Gas Connected

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 24 / 10
  • Assessor Parcel Number 0160261310000

Community Details

Overview

  • 5 Units

Building Details

  • 4 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $423
  • Gardener Expense $900
  • Pest Control $200
  • Professional Management Expense $2,467
  • Trash Expense $2,424
  • Water Sewer Expense $1,071
  • New Taxes Expense $8,581
  • Operating Expense $16,066
  • Gross Income $49,680
  • Net Operating Income $44,662

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Parking

3

Listing Details

  • Professional Management Expense: 2467.30
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Paved
  • View: Yes
  • Water Sewer Expenses: 1071.10
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 0160261310000
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Price Per Square Foot: 171.18

Exterior Features

  • Direction Faces: Northwest
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Covered, Garage
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Self Cleaning Oven
  • Heating Type: Central
  • Pest Control Expense: 200.00
  • Sewer: Public Sewer
  • Trash Expense: 2424.00
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Level with Street, Irregular Lot
  • Lot Size Sq Ft: 17600.00
  • Lot Size Acres: 0.4040

Multi Family

  • Average1 Bed Area: 700 Square Feet
  • Average2 Bed Area: 700 Square Feet
  • Average3 Bed Area: 700 Square Feet
  • Average Studio Area: 800 Square Feet
  • Electric Expense: 423.01
  • Gross Income: 49680.00
  • Gross Scheduled Income: 49680.00
  • Lot Size Area: 17600.0000 Square Feet
  • Net Operating Income: 44662.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 5
  • Operating Expense: 5018.00
  • Rent Control: No
  • Total Actual Rent: 3317.00
  • Total Expenses: 16065.91

Tax Info

  • New Taxes Expense: 8580.50
  • Tax Block: 10
  • Tax Census Tract: 67.00
  • Tax Lot: 24

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
08/24/2022 08/24/22 Sold $1,100,000 -8.3% $289 / Sq Ft
07/25/2022 07/25/22 Pending -- -- --
07/19/2022 07/19/22 For Sale $1,200,000 +84.5% $316 / Sq Ft
10/30/2020 10/30/20 Sold $650,500 0.0% $171 / Sq Ft
10/07/2020 10/07/20 Pending -- -- --
10/02/2020 10/02/20 Off Market $650,500 -- --
10/01/2020 10/01/20 For Sale $655,000 -- $172 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV20204402

California Regional Multiple Listing Service (CRMLS)