NOT LISTED FOR SALE

1819 Lampton Ln Norco, CA 92860

Estimated Value: $1,050,000 - $1,492,000

6 Beds
6 Baths
2,880 Sq Ft
$412/Sq Ft Est. Value

Last Sold December 02, 2021

Last sale price $850,000 $295 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $7,041/month

151 Days on Market

Highlights

  • Property is near public transit
  • Lawn
  • Carpet
  • Highland Elementary Rated A-
  • No HOA
  • 1-Story Property

About This Home

As of December 2021

Horse Town USA unique investment property. Zoned C2 Apartment. Located on a corner lot near shopping, schools and senior center. This four-plex has a single door entryway leading to 4 apartments. All units have long term tenants and fully rented. This apartment complex property doesn't present its self very often. There are very few rental homews available. There are very very few investment propertiesm that are designated as apartments. The hot water heatr in unit four was just replaced.

Last Agent to Sell the Property

Jo-Ann Appleby

Appleby Realty License #01721617 Listed on: 05/24/2021

Last Buyer's Agent

Lisa Curran

Norco Realty License #01322332

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,856

Year Built

  • Built in 1972

Lot Details

  • 0.27 Acre Lot
  • Two or More Common Walls
  • Lawn
  • Density is 2-5 Units/Acre

Home Design

  • Apartment

Interior Spaces

  • 2,880 Sq Ft Home
  • 1-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Parking Available

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Tax Tract Number 408
  • Assessor Parcel Number 129261009

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $4,180

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,856

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: C2
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 129261009
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Levels: One
  • Price Per Square Foot: 295.14
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Lawn, Near Public Transit
  • Lot Size Sq Ft: 11761.00
  • Lot Size Acres: 0.2700

Multi Family

  • Gross Income: 4180.00
  • Gross Scheduled Income: 4180.00
  • Lot Size Area: 11761.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Census Tract: 408.12
  • Tax Tract Number: 408.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2025
Sold by
Baerg Harold J and Baerg Kathleen M
Bought by
1819 Lampton Llc
Current Estimated Value
$1,185,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$778,000
Outstanding Balance
$775,229
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$410,741

Purchase Details

Listed on
May 24, 2021
Closed on
Oct 7, 2021
Sold by
Langlois Adam and Langlois Juliann
Bought by
Baerg Harold J and Baerg Kathleen M
Seller's Agent
Jo-Ann Appleby
Appleby Realty
Buyer's Agent
Lisa Curran
Norco Realty
List Price
$1,250,000
Sold Price
$850,000
Premium/Discount to List
-$400,000
-32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.94%

Purchase Details

Listed on
Dec 14, 2011
Closed on
Jan 4, 2012
Sold by
Gibson Randall Leonard
Bought by
Langlois Adam and Langlois Julianna
Seller's Agent
Linda Holmes
Century 21 Masters
Buyer's Agent
Jo-Ann Appleby
Appleby Realty
List Price
$399,900
Sold Price
$399,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.96%
Original Mortgage
$299,250
Interest Rate
3.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 30, 2004
Sold by
Gibson Leonard R
Bought by
Gibson Leonard R and Leonard R Gibson Revocable Trust
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1819 Lampton Llc -- First American Title
Baerg Harold J $850,000 Ticor Title Riverside
Langlois Adam $400,000 First American Title Company
Gibson Leonard R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1819 Lampton Llc $778,000
Previous Owner Langlois Adam $299,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/02/2021 12/02/21 Sold $850,000 -32.0% $295 / Sq Ft
05/24/2021 05/24/21 For Sale $1,250,000 +212.6% $434 / Sq Ft
01/27/2012 01/27/12 Sold $399,900 0.0% -- View Prior Sale
12/30/2011 12/30/11 Pending -- -- --
12/14/2011 12/14/11 For Sale $399,900 -- --
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 $9,856 $902,026 $265,302 $636,724
2023 $9,856 $867,000 $255,000 $612,000
2022 $9,543 $850,000 $250,000 $600,000
2021 $5,227 $464,034 $162,450 $301,584
2020 $5,170 $459,277 $160,785 $298,492
2019 $5,050 $450,273 $157,633 $292,640
2018 $4,934 $441,445 $154,544 $286,901
2017 $4,809 $432,790 $151,514 $281,276
2016 $4,760 $424,305 $148,544 $275,761
2015 $4,655 $417,933 $146,313 $271,620
2014 $4,483 $409,748 $143,448 $266,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG21110827

California Regional Multiple Listing Service (CRMLS)

APN: 129-261-009