$1,065,000
SOLD OCT 16, 2019

15360 Sequoia St Hesperia, CA 92345

10 Beds
8 Baths
10,028 Sq Ft
1 Acres

Recently Sold

$106 Per Sq Ft

3% Below List Price

4 Days on Market

Highlights

  • Lawn
  • Laundry Room
  • 1-Story Property
  • No HOA
  • Landscaped

About This Home

As of May 2023

Single Story 10 units with mostly 2 bedroom and 2 bath units. Each unit has a private patio, garage parking, and inside laundry hookups. Quiet location with all units located around a nice open park like area and situated on a large lot of 1 acre. Conveniently located near the 15 Fwy and shopping along Bear Valley Blvd. On site manager currently in place for easy management.

Last Agent to Sell the Property

Richard Bell

Bell Realty Group License #01344469 Listed on: 08/15/2019

Last Buyer's Agent

Richard Bell

Bell Realty Group License #01344469 Listed on: 08/15/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 1 Acre Lot
  • No Common Walls
  • Landscaped
  • Lawn

Parking

  • 10 Open Parking Spaces
  • 10 Car Garage

Interior Spaces

  • 10,028 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Additional Features

  • Exterior Lighting
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 36
  • Tax Tract Number 4635
  • Assessor Parcel Number 0406051170000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 10 Units

Building Details

  • 10 Leased Units
  • 11 Separate Electric Meters
  • 10 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $500
  • Gardener Expense $5,500
  • Insurance Expense $4,500
  • Maintenance Expense $9,000
  • Other Expense $5,000
  • Pest Control $2,600
  • Professional Management Expense $5,686
  • Trash Expense $2,100
  • Water Sewer Expense $2,800
  • New Taxes Expense $12,045
  • Operating Expense $50,181
  • Gross Income $7,920
  • Net Operating Income $67,383

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

0

Parking

10

Listing Details

  • CapRate: 6.15
  • Professional Management Expense: 5686.00
  • Property Attached: No
  • Water Sewer Expenses: 2800.00
  • Property Type: Residential Income
  • Gardener Expense: 5500.00
  • Parcel Number: 0406051170000
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 106.20

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 10.00
  • Total Parking Spaces: 20.00
  • Uncovered Spaces: 10.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Pest Control Expense: 2600.00
  • Sewer: Septic Type Unknown
  • Trash Expense: 2100.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Lawn, Lot Over 40000 Sqft
  • Lot Size Sq Ft: 43560.00
  • Lot Size Acres: 1.0000

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 500.00
  • Gross Income: 7920.00
  • Gross Multiplier: 9.03
  • Gross Operating Income: 117564.00
  • Gross Scheduled Income: 121200.00
  • Insurance Expense: 4500.00
  • Lot Size Area: 43560.0000 Square Feet
  • Maintenance Expense: 9000.00
  • Net Operating Income: 67383.00
  • Number Of Separate Electric Meters: 11
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 10
  • Number Of Units Total: 10
  • Operating Expense: 50181.00
  • Other Expense: 5000.00
  • Other Expense Description: reserves
  • Other Income Description: numbers are proforma
  • Rent Control: No
  • Total Expenses: 50181.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 12045.00
  • Tax Census Tract: 100.10
  • Tax Lot: 36
  • Tax Tract Number: 4635

Range of Values:

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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
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

Source: Public Records

Agents Affiliated with this Home

  • Richard Bell

    Seller's Agent in 2023

    Richard Bell

    Bell Realty Group

    (714) 309-3549

    22 Total Sales

    Section Image
  • Darren Correa

    Buyer's Agent in 2023

    Darren Correa

    LE INVESTMENT GROUP

    (909) 256-7889

    15 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19194671

California Regional Multiple Listing Service (CRMLS)

California San Bernardino County Hesperia 92345

15360 Sequoia St, Hesperia, CA

This home is located at 15360 Sequoia St, Hesperia, CA 92345 and is currently priced at $1,065,000, approximately $106 per square foot. This property was built in 1984. 15360 Sequoia St is a home located in San Bernardino County with nearby schools including Eucalyptus Elementary School, Hesperia Junior High School, and Hesperia High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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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