Seller's Agent in 2023
Richard Bell
Bell Realty Group
(714) 309-3549
23 Total Sales
15360 Sequoia St Hesperia, CA 92345
4
Beds
3
Baths
9,825
Sq Ft
1
Acres
Highlights
- No Units Above
- No HOA
- Detached Carport Space
- Park or Greenbelt View
- Laundry Room
- Central Heating and Cooling System
About This Home
As of May 2023A great opportunity to own a quality Income Property. All 10 units are Single Story with 2 Bedrooms, Patios, Central Heating and A/C, Indoor Washer and Dryer hookups, Single car garages with automatic door openers and newer aluminum doors, plus an additional parking space. Immediate increase in rents for the 3 tenants that are eligible results in a 5% cap rate. Large lot that gives the property a park like setting. High tenant demand because of the amenities and ideal location just off of Bear Valley Rd. with easy access to the freeway. Property is on septic tanks so no City sewer expense and tanks were recently certified to be in good working order.
Last Agent to Sell the Property
Bell Realty Group License #01344469 Listed on: 02/02/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1984
Lot Details
- 1 Acre Lot
- No Units Above
- No Units Located Below
- Two or More Common Walls
- Rural Setting
- Level Lot
- Front Yard
- Density is 6-10 Units/Acre
Parking
- 10 Car Garage
- 10 Open Parking Spaces
- Detached Carport Space
- Parking Available
- Single Garage Door
- Garage Door Opener
- Driveway Level
- Parking Lot
Home Design
- Apartment
- Slab Foundation
- Composition Roof
Interior Spaces
- 9,825 Sq Ft Home
- 1-Story Property
- Park or Greenbelt Views
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
- Water Heater
- Conventional Septic
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, telephone
- Tax Lot 36
- Tax Tract Number 4635
- Assessor Parcel Number 0406051170000
- $1,304 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 5 Buildings
- 10 Units
Recreation
- Bike Trail
Building Details
- Rent Control
- 10 Separate Electric Meters
- 10 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,000
- Gardener Expense $5,000
- Insurance Expense $4,500
- Maintenance Expense $4,000
- Other Expense $3,050
- Pest Control $2,600
- Professional Management Expense $6,000
- Trash Expense $3,000
- Water Sewer Expense $4,205
- New Taxes Expense $20,075
- Operating Expense $53,680
- Gross Income $145,080
- Net Operating Income $87,048
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
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/02/2023 05/02/23 | Sold | $1,800,000 | -1.4% | $183 / Sq Ft |
| 02/02/2023 02/02/23 | For Sale | $1,825,000 | +71.4% | $186 / Sq Ft |
| 10/16/2019 10/16/19 | Sold | $1,065,000 | -2.7% | $106 / Sq Ft |
| 08/15/2019 08/15/19 | For Sale | $1,095,000 | -- | $109 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Richard Bell
-
Darren Correa
Buyer's Agent in 2023
Darren Correa
LE INVESTMENT GROUP
(909) 256-7889
15 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW23018878
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