NOT LISTED FOR SALE

1721 Conejo Dr San Bernardino, CA 92404

Pacific Neighborhood
6 Beds
4 Baths
12,670 Sq Ft
0.75 Acres

Last Sold September 25, 2015

Last sale price $1,290,000 $102 Per Sq Ft

24 Days on Market

Highlights

  • 0.75 Acre Lot
  • No HOA
  • Foothills

About This Home

As of September 2015

The Cross Manor Apartments is a 14-unit complex built in 1987 that includes a detached single family home with a two
car garage and private yard. The buildings are situated on large parcels totaling just under an acre and provide a park-like
setting complete with a large grass courtyard. The property boasts a desirable unit mix of six one-bedroom/one-bathroom
units at 723 square feet, eight two-bedroom/two-bathroom units at 905 square feet and a detached three-bedroom/onebath
home at over 1,080 square feet. Each unit offers central heating and air-conditioning, granite or tile counter tops in
the kitchens, dishwashers, ceiling fans and ample storage/closets.Located in the city of San Bernardino, with a population of 213,000 residents and spans almost 60 square miles, this property nestles nicely in the foothills of the San Bernardino mountains.

Last Agent to Sell the Property

Jonathan Mitchell

Kidder Mathews of California, Inc License #01227852 Listed on: 07/10/2015

Last Buyer's Agent

Kathy Thomson

eXp Realty of Southern California, Inc License #01819591

eXp Realty of Southern California, Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 0.75 Acre Lot
  • Two or More Common Walls
  • Density is 21-25 Units/Acre

Parking

  • 5 Open Parking Spaces
  • 2 Car Garage
  • 22 Carport Spaces
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached

Interior Spaces

  • 12,670 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 0147233010000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 15 Units
  • Foothills

Building Details

  • 15 Leased Units
  • 15 Separate Electric Meters
  • 15 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,050
  • Insurance Expense $3,750
  • Professional Management Expense $5,000
  • Trash Expense $3,340
  • Water Sewer Expense $5,000
  • New Taxes Expense $16,875
  • Operating Expense $54,867
  • Gross Income $11,895
  • Net Operating Income $83,662

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • CapRate: 6.20
  • Professional Management Expense: 5000.00
  • Property Attached: Yes
  • Water Sewer Expenses: 5000.00
  • Property Type: Residential Income
  • Parcel Number: 0147233010000
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 101.82

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 22.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 29.00
  • Uncovered Spaces: 5.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 3340.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills

Lot Info

  • Additional Parcels: No
  • Lot Features: 21-25 Units/Acre
  • Lot Size Sq Ft: 32815.00
  • Price Per Lot Square Foot: 39.31
  • Lot Size Acres: 0.7530

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 723
  • Average2 Bed Area: 905
  • Average3 Bed Area: 1081
  • Electric Expense: 2050.00
  • Gross Income: 11895.00
  • Gross Multiplier: 9.29
  • Gross Operating Income: 138549.00
  • Gross Scheduled Income: 145326.00
  • Insurance Expense: 3750.00
  • Lot Size Area: 32815.0000 Square Feet
  • Net Operating Income: 83662.00
  • Number Of Separate Electric Meters: 15
  • Number Of Separate Gas Meters: 15
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 15
  • Number Of Units Total: 15
  • Number With Disposal: 15
  • Number With Range: 15
  • Operating Expense: 54887.00
  • Operating Expense Percent: 41.00
  • Rent Control: No
  • Total Actual Rent: 11895.00
  • Total Expenses: 54867.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 16875.00

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
09/25/2015 09/25/15 Sold $1,290,000 -4.4% $102 / Sq Ft
08/03/2015 08/03/15 Pending -- -- --
07/10/2015 07/10/15 For Sale $1,350,000 -- $107 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jonathan Mitchell

    Seller's Agent in 2015

    Jonathan Mitchell

    Kidder Mathews of California, Inc

    (714) 337-8405

    Jonathan Mitchell
    Section Image
  • Kathy Thomson

    Buyer's Agent in 2015

    Kathy Thomson

    eXp Realty of Southern California, Inc

    (909) 648-1084

    77 Total Sales

    Kathy Thomson
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15155299

California Regional Multiple Listing Service (CRMLS)
California San Bernardino County San Bernardino 92404 Pacific

1721 Conejo Dr, San Bernardino, CA

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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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