Seller's Agent in 2015
Albert Le
LE INVESTMENT GROUP
(909) 256-7889
23 Total Sales
145 E 44th St San Bernardino, CA 92404
Wildwood Park Neighborhood
3
Beds
2
Baths
24,746
Sq Ft
0.86
Acres
About This Home
As of January 2015(DRIVE BY ONLY, PLEASE DO NOT DISTURB MANAGER OR TENANTS)
Highlights
Completely Rehabbed Turn Key Asset
1980's Construction
Competitive Cost per Unit
6.68 % Competitive Market Cap Rate
90% Occupancy Building, 95% Occupancy Area
Located North of the 210 Freeway in a Residential Neighborhood
The apartment community consists of thirty six units. The property is composed of 18 one bedroom, one bathroom units & 18 two bedroom, one bathroom units. The property has secure gated parking, onsite laundry & a well maintained gated pool area.
The city of San Bernardino has been among the most vibrant in recovery from the recession. Increased occupancy & stabilization have led to an Increase in values & rents. The Property is a turn key asset located in a 96 % occupancy area.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1980
Lot Details
- 0.86 Acre Lot
- Two or More Common Walls
- Density is 31-35 Units/Acre
Parking
- 36 Parking Spaces
Home Design
- 24,746 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Outdoor Features
- Private Pool
- Exterior Lighting
Location
- Suburban Location
Listing and Financial Details
- Tax Lot 34
- Tax Tract Number 154
- Assessor Parcel Number 0154222340000
Community Details
Overview
- 4 Buildings
- 36 Units
Recreation
- Community Pool
Building Details
- 36 Separate Electric Meters
- 36 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $6,072
- Insurance Expense $3,394
- Maintenance Expense $20,310
- Professional Management Expense $11,606
- Trash Expense $6,072
- Water Sewer Expense $6,072
- New Taxes Expense $37,284
- Gross Income $25,748
- Net Operating Income $190,410
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/26/2015 01/26/15 | Sold | $2,625,000 | -7.9% | $106 / Sq Ft |
| 10/23/2014 10/23/14 | Pending | -- | -- | -- |
| 08/19/2014 08/19/14 | For Sale | $2,850,000 | -- | $115 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $6,446 | $504,073 | $53,060 | $451,013 |
| 2024 | $6,314 | $494,190 | $52,020 | $442,170 |
| 2023 | $6,156 | $484,500 | $51,000 | $433,500 |
| 2022 | $698 | $475,000 | $50,000 | $425,000 |
| 2021 | $695 | $40,414 | $40,414 | $0 |
| 2020 | $692 | $40,000 | $40,000 | $0 |
| 2019 | $443 | $21,224 | $21,224 | $0 |
| 2018 | $440 | $20,808 | $20,808 | $0 |
| 2017 | $431 | $20,711 | $20,711 | $0 |
| 2016 | $418 | $20,305 | $20,305 | $0 |
| 2015 | $281 | $20,492 | $20,492 | $0 |
| 2014 | $273 | $20,091 | $20,091 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Albert Le
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV14178663
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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