NOT LISTED FOR SALE

15120 Sequoia St Hesperia, CA 92345

12 Beds
8 Baths
18,360 Sq Ft
1.05 Acres

Last Sold December 17, 2014

Last sale price $1,525,000 $83 Per Sq Ft

157 Days on Market

About This Home

As of December 2014

Subject property in the process of being connected to sewer and will be connected prior to close of escrow. Reduced $75K!!!!!! 14 new ACs installed on roof. Pride of ownership property located within 1/8 of a mile from the 15 freeway on/off ramp. Strong surrounding retail amenities: Home Depot, Smart and Final, Kohls, Starbucks. McDonalds and more. High demand High Desert rental location. All units are 3 bedroom + 2.5 bath townhomes with direct-access double car garages and remote openers. Each unit has an outdoor patio, interior laundry room with hookups, individual hot water heaters and separate gas & electric meters - low landlord expenses. Four well maintained separate buildings with concrete driveways spread over a beautifully landscaped 1 acre lot.

Last Agent to Sell the Property

Ed Diaz

Vanguard Property Group License #01022469 Listed on: 08/25/2014

Co-Listed By

Brad New

Vanguard Property Group License #01347742

Last Buyer's Agent

Jasmin Bahena

First Team Real Estate License #01714269

First Team Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 1.05 Acre Lot
  • No Common Walls
  • Density is 11-15 Units/Acre

Parking

  • 30 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 18,360 Sq Ft Home

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Utilities

  • Conventional Septic

Listing and Financial Details

  • Tax Lot 165
  • Tax Tract Number 41
  • Assessor Parcel Number 0406041080000

Community Details

Overview

  • 4 Buildings
  • 15 Units

Building Details

  • 15 Leased Units
  • 16 Separate Electric Meters
  • 15 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $14,295
  • Net Operating Income $110,231

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Parking

30

Listing Details

  • CapRate: 7.11
  • Price Per Unit: 108333
  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 0406041080000
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 83.06

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 30.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 38.00

Utilities

  • Utilities: Sewer Connected
  • Sewer: Conventional Septic
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 45820.00
  • Lot Size Acres: 1.0520

Multi Family

  • Average3 Bed Area: 1224
  • Gross Income: 14295.00
  • Gross Multiplier: 9.10
  • Gross Scheduled Income: 170940.00
  • Lot Size Area: 45820.0000 Square Feet
  • Net Operating Income: 110231.00
  • Number Of Separate Electric Meters: 16
  • Number Of Separate Gas Meters: 15
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 15
  • Number Of Units Total: 15
  • Operating Expense: 55581.00
  • Operating Expense Percent: 33.00
  • Rent Control: No
  • Total Actual Rent: 14295.00
  • Vacancy Allowance: 5128
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Lot: 165
  • Tax Tract Number: 041
  • Tax Year: 2013

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

Property History

Date Event Price Change Sq Ft Price
12/17/2014 12/17/14 Sold $1,525,000 -6.2% $83 / Sq Ft
10/04/2014 10/04/14 Pending -- -- --
04/30/2014 04/30/14 For Sale $1,625,000 -- $89 / 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: PW14088774

California Regional Multiple Listing Service (CRMLS)