NOT LISTED FOR SALE
2 Beds
2 Baths
5,760 Sq Ft
0.49 Acres

Last Sold May 03, 2019

Last sale price $795,000 $138 Per Sq Ft

124 Days on Market

Highlights

  • Fireplace in Kitchen
  • Laundry Room
  • Central Air
  • No HOA
  • Landscaped
  • 6 Car Garage

About This Home

As of May 2019

REDUCED $100,000! Beautifully landscaped 6 unit townhome style apartments with breathtaking views of the victor valley. Located in the prestigious Upper Desert Knolls all 6 of these 2 bedroom 1 ½ bath units have private decks with unobstructed views. and 1-car enclosed garages. Located in high paying employment center, close to shopping, medical offices and St. Mary Hospital.

This 5,760 square foot 6 unit multi-family home sits on a 0.49 acre lot. This property was built in 1985. Nearby schools include Academy for Academic Excellence, Goodwill High School, and Victor Valley Home Academy. The closest grocery stores are Gogroceryservices and Knoll's Market. Nearby coffee shops include Spirit River Café, One of Lifes Perks Coffee Hs and The Cake Shop. Nearby restaurants include Di Napoli's Fire House, Ninja Poki Yaki and Los Domingos Restaurant- Apple Valley.

Last Agent to Sell the Property

David Perry

Star Commercial Properties License #00572110 Listed on: 09/13/2018

Last Buyer's Agent

David Perry

Star Commercial Properties License #00572110 Listed on: 09/13/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 0.49 Acre Lot
  • Two or More Common Walls
  • Landscaped
  • Front Yard Sprinklers

Parking

  • 6 Car Garage
  • 6 Open Parking Spaces
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached
  • Turnkey

Interior Spaces

  • 5,760 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Additional Features

  • Urban Location
  • Central Air

Listing and Financial Details

  • Tenant pays for cable TV, electricity, telephone
  • Tax Lot 161
  • Tax Tract Number 7802
  • Assessor Parcel Number 0473274040000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 6 Units

Amenities

  • Laundry Facilities

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • Insurance Expense $2,604
  • Maintenance Expense $2,400
  • Professional Management Expense $3,000
  • Trash Expense $3,813
  • Water Sewer Expense $4,200
  • New Taxes Expense $11,144
  • Operating Expense $27,761
  • Gross Income $65,880
  • Net Operating Income $38,433

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Parking

6

Listing Details

  • Professional Management Expense: 3000.00
  • Property Attached: Yes
  • Water Sewer Expenses: 4200.00
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 0473274040000
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Fireplace Features: Kitchen, Living Room
  • Levels: Two
  • Price Per Square Foot: 138.02

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned, Garage
  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Laundry: Yes
  • Laundry Features: Common Area, Gas Dryer Hookup, Inside, Stackable
  • Sewer: Public Sewer
  • Trash Expense: 3813.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Sprinklers In Front
  • Lot Size Sq Ft: 21520.00
  • Lot Size Acres: 0.4940

Rental Info

  • Tenant Pays: Cable TV, Electricity, Telephone

Multi Family

  • Gross Income: 65880.00
  • Gross Operating Income: 62586.00
  • Gross Scheduled Income: 65880.00
  • Insurance Expense: 2604.00
  • Lot Size Area: 21520.0000 Square Feet
  • Maintenance Expense: 2400.00
  • Net Operating Income: 38433.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Units Total: 6
  • Operating Expense: 24153.00
  • Rent Control: No
  • Total Expenses: 27761.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 11144.00
  • Tax Census Tract: 121.01
  • Tax Lot: 161
  • Tax Tract Number: 7802

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 List to Sale Price per Sq Ft Prior Sale
05/03/2019 05/03/19 Sold $795,000 -6.4% $138 / Sq Ft
04/11/2019 04/11/19 For Sale $849,000 0.0% $147 / Sq Ft
01/15/2019 01/15/19 Pending -- -- --
11/28/2018 11/28/18 Price Changed $849,000 -5.1% $147 / Sq Ft
10/22/2018 10/22/18 Price Changed $895,000 -5.3% $155 / Sq Ft
10/16/2018 10/16/18 Price Changed $945,000 -5.0% $164 / Sq Ft
09/13/2018 09/13/18 For Sale $995,000 +152.5% $173 / Sq Ft
11/01/2012 11/01/12 Sold $394,000 -1.5% $68 / Sq Ft View Prior Sale
10/04/2012 10/04/12 Pending -- -- --
08/28/2012 08/28/12 For Sale $399,888 -- $69 / 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: OC18225467

California Regional Multiple Listing Service (CRMLS)