Seller's Agent in 2019
Albert Le
LE INVESTMENT GROUP
(909) 256-7889
25 Total Sales
1539 Pumalo St San Bernardino, CA 92404
Northeast Sterling Neighborhood
6
Beds
4
Baths
20,472
Sq Ft
0.71
Acres
Highlights
- 0.71 Acre Lot
- Laundry Room
- Front Yard
- Property is near public transit
- Landscaped
About This Home
As of December 2019PLEASE DRIVE BY ONLY. TOURS BY APPOINTMENT ONLY.
The Rose Garden apartments is a twenty-four unit complex composed of a very desirable unit mix of 10 one bedroom / one bath units, 12 two bedroom / one bath units and 2 three bedroom / two bath units. The property has had over $650,000 in recent improvements which includes HVAC systems, all new vinyl windows, water heater replacements, plumbing updates, electrical updates, exterior lighting, flooring, and kitchen/bathroom renovations. This investment opportunity has an actual CAP rate of 6.36% and a proforma CAP rate of 6.79%. The actual GRM is 9.84 with a proforma GRM of 8.93. Please contact Le Investment Group for full marketing package.
Last Agent to Sell the Property
LE INVESTMENT GROUP License #01468313 Listed on: 09/10/2019
Last Buyer's Agent
Berkshire Hathaway Home Services California Properties License #01785803
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 0.71 Acre Lot
- 1 Common Wall
- Landscaped
- Sprinkler System
- Front Yard
- Density is 21-25 Units/Acre
Parking
- 24 Parking Spaces
Home Design
- 20,472 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
Location
- Property is near public transit
- Suburban Location
Listing and Financial Details
- Tax Lot 5
- Tax Tract Number 291
- Assessor Parcel Number 0272291400000
Community Details
Building Details
- 25 Separate Electric Meters
- 2 Separate Water Meters
- Cable TV Expense $22,978
- Electric Expense $3,405
- Insurance Expense $7,557
- Maintenance Expense $10,575
- Other Expense $14,100
- Pest Control $1,500
- Professional Management Expense $17,625
- Supplies Expense $5,400
- Trash Expense $4,621
- Water Sewer Expense $5,817
- New Taxes Expense $41,786
- Operating Expense $135,364
- Gross Income $358,200
- Net Operating Income $217,134
Additional Features
- 24 Units
- Laundry Facilities
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/20/2019 12/20/19 | Sold | $3,125,000 | -2.3% | $153 / Sq Ft |
| 10/01/2019 10/01/19 | Pending | -- | -- | -- |
| 09/10/2019 09/10/19 | For Sale | $3,200,000 | -- | $156 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Albert Le
-
Manny Martinez
Buyer's Agent in 2019
Manny Martinez
Berkshire Hathaway Home Services California Properties
(626) 862-3397
34 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV19218501
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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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