$820,000
SOLD MAY 1, 2025 RENTED JUL 15, 2025
8 Beds
4 Baths
3,720 Sq Ft
9,520 Sq Ft Lot

Recently Sold

$220 Per Sq Ft

77 Days on Market

Highlights

  • Laundry Room
  • Central Heating and Cooling System
  • Back and Front Yard
  • Redlands East Valley High School Rated A-
  • Ceiling Fan

About This Home

As of May 2025

This is a fantastic investment opportunity. 2 Homes on a lot with separate addresses of 1744 Capri Ave. and 1377 Jasper Ave. Each unit consists of 4 bedrooms and 2 bathrooms with a front and backyard. There is a possibility of delivering one of the units VACANT. Please inquire about the details. Each home is separately metered for water, gas and electric. The landlord only pays for trash and landscaping. This duplex is 2 blocks adjacent to Redlands and has the lowest price per square foot for a duplex in either Mentone or Redlands. You can't build anything for the price per square foot anymore. Each home has enough parking garages or car spaces for 3 to 4 cars each. One unit if fully renovated leaving potential to renovate the other and to achieve over $6,300 per month in gross rental income.

Last Agent to Sell the Property

Ken Ishiki

Lyon Stahl Investment Real Estate Brokerage Phone: 562-755-5010 License #01438720 Listed on: 01/10/2025

Lyon Stahl Investment Real Estate

Last Buyer's Agent

Rene Jimenez

ARREBA License #01511975

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,465

Year Built

  • Built in 1979

Lot Details

  • 9,520 Sq Ft Lot
  • No Common Walls
  • Back and Front Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 3,720 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room with Fireplace

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Conventional Septic

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Tax Lot 25
  • Tax Tract Number 2112
  • Assessor Parcel Number 0298022140000
  • $1,382 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $3,000
  • Insurance Expense $2,292
  • Other Expense $1,382
  • Trash Expense $1,152
  • New Taxes Expense $10,064
  • Operating Expense $17,890
  • Gross Income $59,336
  • Net Operating Income $41,446

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,465

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • CapRate: 5.05
  • Price Per Unit: 410000
  • Property Attached: No
  • Zoning: RS
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 3000.00
  • Parcel Number: 0298022140000
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 2
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 220.43

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
  • Sewer: Conventional Septic
  • Trash Expense: 1152.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 9520.00
  • Lot Size Acres: 0.2185

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Gross Income: 59336.00
  • Gross Operating Income: 59336.00
  • Gross Scheduled Income: 59336.00
  • Insurance Expense: 2292.00
  • Lot Size Area: 9520.0000 Square Feet
  • Net Operating Income: 41446.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 17890.00
  • Other Expense: 1382.00
  • Rent Control: No
  • Total Expenses: 17890.00

Tax Info

  • New Taxes Expense: 10064.00
  • Tax Census Tract: 86.01
  • Tax Lot: 25
  • Tax Tract Number: 2112
  • TaxOtherAnnualAssessmentAmount: 1382.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2025
Closed on
Mar 6, 2025
Sold by
Bsp Capri Llc
Bought by
Gonzalez Juan Rivas
Seller's Agent
Ken Ishiki
Lyon Stahl Investment Real Estate
Buyer's Agent
Rene Jimenez
ARREBA
List Price
$820,000
Sold Price
$820,000
Views
88
Current Estimated Value
$807,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,691
Avg. Annual Appreciation
-36.18%
Original Mortgage
$656,000
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 2, 2021
Closed on
Oct 12, 2021
Sold by
Polansky Seth M and Polansky Benjamin M
Bought by
Bsp Capri Llc
Seller's Agent
Tricia Wirth Gregory
COLDWELL BANKER KIVETT-TEETERS
Buyer's Agent
Tim Veliquette
COLDWELL BANKER KIVETT-TEETERS
List Price
$599,900
Sold Price
$595,000
Premium/Discount to List
-$4,900
-0.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.29%
Original Mortgage
$446,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 2, 2021
Closed on
Aug 19, 2021
Sold by
Gregory Annette Marie and Gregory Annette Marie
Bought by
Polansky Seth M and Polansky Benjamin M
Seller's Agent
Tricia Wirth Gregory
COLDWELL BANKER KIVETT-TEETERS
Buyer's Agent
Tim Veliquette
COLDWELL BANKER KIVETT-TEETERS
List Price
$599,900
Sold Price
$595,000
Premium/Discount to List
-$4,900
-0.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2020
Sold by
Gregory Annette M
Bought by
Gregory Annette Marie and Gregory Annette Marie

Purchase Details

Listed on
Sep 20, 2013
Closed on
Jan 9, 2014
Sold by
Dawson Ralph Leonard and Dawson Valerie Anne
Bought by
Gregory Annette M
Seller's Agent
Tammy Rubelius
COLDWELL BANKER KIVETT-TEETERS
Buyer's Agent
Tricia Wirth Gregory
COLDWELL BANKER KIVETT-TEETERS
List Price
$300,000
Sold Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.26%
Original Mortgage
$225,000
Interest Rate
4.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2002
Sold by
Gordon Robert C and Gordon Edyth A
Bought by
Dawson Ralph Leonard and Dawson Valerie Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.16%
Mortgage Type
Seller Take Back
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $820,000 First American Title
Grant Deed -- None Available
Grant Deed $595,000 Fidelity National Title Co
Interfamily Deed Transfer -- None Available
Grant Deed $300,000 Fidelity National Title Co
Grant Deed $215,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $656,000 New Conventional
Previous Owner $446,000 New Conventional
Previous Owner $225,000 New Conventional
Previous Owner $340,000 Unknown
Previous Owner $50,000 Credit Line Revolving
Previous Owner $210,000 Seller Take Back
Previous Owner $90,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 Rented $2,995 0.0% --
07/08/2025 07/08/25 Price Changed $2,995 -3.4% $2 / Sq Ft
05/21/2025 05/21/25 For Rent $3,100 0.0% --
05/01/2025 05/01/25 Sold $820,000 0.0% $220 / Sq Ft
01/10/2025 01/10/25 For Sale $820,000 +37.8% $220 / Sq Ft
09/20/2021 09/20/21 Sold $595,000 -0.8% $320 / Sq Ft
08/14/2021 08/14/21 Pending -- -- --
07/02/2021 07/02/21 For Sale $599,900 +100.0% $323 / Sq Ft
02/21/2014 02/21/14 Sold $300,000 +20589.7% $81 / Sq Ft
01/14/2014 01/14/14 Pending -- -- --
10/21/2013 10/21/13 Rented $1,450 0.0% --
10/21/2013 10/21/13 For Rent $1,450 0.0% --
09/20/2013 09/20/13 For Sale $300,000 0.0% $81 / Sq Ft
08/20/2013 08/20/13 Pending -- -- --
07/31/2013 07/31/13 For Sale $300,000 0.0% $81 / Sq Ft
07/31/2013 07/31/13 Price Changed $300,000 +36.4% $81 / Sq Ft
05/18/2013 05/18/13 Pending -- -- --
03/23/2013 03/23/13 For Sale $220,000 0.0% $59 / Sq Ft
09/26/2012 09/26/12 Rented $1,450 0.0% --
09/13/2012 09/13/12 Under Contract -- -- --
08/30/2012 08/30/12 For Rent $1,450 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,465 $631,419 $127,345 $504,074
2024 $7,465 $619,038 $124,848 $494,190
2023 $7,451 $606,900 $122,400 $484,500
2022 $7,340 $595,000 $120,000 $475,000
2021 $4,423 $339,754 $67,952 $271,802
2020 $4,355 $336,270 $67,255 $269,015
2019 $4,237 $329,676 $65,936 $263,740
2018 $3,977 $323,212 $64,643 $258,569
2017 $3,944 $316,874 $63,375 $253,499
2016 $3,899 $310,660 $62,132 $248,528
2015 $3,870 $305,994 $61,199 $244,795
2014 $3,209 $254,020 $50,804 $203,216
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25006413

California Regional Multiple Listing Service (CRMLS)

APN: 0298-022-14