NOT LISTED FOR SALE

18385 Jonathan St Adelanto, CA 92301

Estimated Value: $495,000 - $571,000

8 Beds
4 Baths
2,924 Sq Ft
$179/Sq Ft Est. Value

Last Sold April 13, 2021

Last sale price $380,000 $130 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,135/month

23 Days on Market

About This Home

As of April 2021

Investor Opportunity. Live in one and rent the rest. This 4 condo style quadruplex is ready for its new owner for either investment or live on site and manage. Property needs a little TLC but has infinite possibilities of making improvements. This is the opportunity to creating your own taste in a condo lifestyle. Each unit consists of 2 bedrooms, Living, dining, and 1 full bathroom. Includes 4 cover carports for parking. All units on different utility meters, This will not last, property sold in as is condition. Call to schedule your appointment today.

Last Agent to Sell the Property

Hugo Rojas

RE/MAX CHAMPIONS License #01955422 Listed on: 02/06/2021

Last Buyer's Agent

Pouya Nazarian

New Western License #01877705

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 9,520 Sq Ft Lot
  • Two or More Common Walls
  • Rural Setting
  • No Landscaping
  • Density is up to 1 Unit/Acre

Home Design

  • Quadruplex

Interior Spaces

  • 2,924 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 8 Parking Spaces
  • 4 Detached Carport Spaces
  • Parking Available
  • Assigned Parking

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Legal Lot and Block 20 / E
  • Tax Tract Number 1914
  • Assessor Parcel Number 0459152550000

Community Details

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $950
  • Trash Expense $1,082
  • New Taxes Expense $763
  • Operating Expense $2,795
  • Gross Income $9,000
  • Net Operating Income $7,860

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

9,520 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 0459152550000
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 129.96

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Detached Carport
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Unknown
  • Trash Expense: 1082.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, No Landscaping
  • Lot Size Sq Ft: 9520.00
  • Lot Size Acres: 0.2185

Multi Family

  • Gross Income: 9000.00
  • Gross Scheduled Income: 9000.00
  • Insurance Expense: 950.00
  • Lot Size Area: 9520.0000 Square Feet
  • Net Operating Income: 7860.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 1140.00
  • Rent Control: No
  • Total Expenses: 2795.00

Tax Info

  • New Taxes Expense: 763.00
  • Tax Block: E
  • Tax Census Tract: 91.16
  • Tax Lot: 20
  • Tax Tract Number: 1914

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2024
Sold by
Nazarian Pouya
Bought by
59Th Street Llc
Current Estimated Value
$523,409

Purchase Details

Closed on
Feb 22, 2022
Sold by
159Th Street Llc
Bought by
Nazarian Pouya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,400
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 6, 2021
Closed on
Mar 17, 2021
Sold by
Rodriguez Sandra
Bought by
59Th Street Llc
Seller's Agent
Hugo Rojas
RE/MAX CHAMPIONS
Buyer's Agent
Pouya Nazarian
New Western
List Price
$450,000
Sold Price
$380,000
Premium/Discount to List
-$70,000
-15.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.71%
Original Mortgage
$266,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 24, 2019
Sold by
Vea Manuel
Bought by
Rodriguez Sandra

Purchase Details

Closed on
Mar 7, 2001
Sold by
Hud
Bought by
Real Severiano Pimental

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.06%

Purchase Details

Closed on
Oct 26, 2000
Sold by
Fleet Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Jul 13, 2000
Sold by
Boschetti Hilda
Bought by
Fleet Mtg Corp

Purchase Details

Closed on
Jul 27, 1999
Sold by
Grigsby Harold E
Bought by
Boschetti Hilda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,978
Interest Rate
7.97%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 15, 1999
Sold by
Grigsby Jamana K
Bought by
Grigsby Harold E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,978
Interest Rate
7.97%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 10, 1998
Sold by
Old Kent Mtg Company
Bought by
Hud

Purchase Details

Closed on
Apr 30, 1997
Sold by
Wartson Brandie
Bought by
Wartson Authur

Purchase Details

Closed on
Feb 25, 1997
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Wartson Authur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,887
Interest Rate
8.15%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 4, 1996
Sold by
First Nationwide Mtg Corp
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Nov 22, 1996
Sold by
Kwok Tennyson J and Kwok Erlinda O
Bought by
First Nationwide Mtg Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
59Th Street Llc -- Lawyers Title
Nazarian Pouya -- Amrock
59Th Street Llc $380,000 Lawyers Title Company
Rodriguez Sandra -- None Available
Rodriguez Sandra -- None Available
Real Severiano Pimental $50,500 Stewart Title
Hud $135,068 Fidelity National Title
Fleet Mtg Corp $135,068 Fidelity National Title
Boschetti Hilda $130,000 American Title
Grigsby Harold E -- American Title
Grigsby Harold E $36,000 Universal Title Company
Hud -- American Title
Old Kent Mtg Company $49,966 American Title Co
Wartson Authur -- Commonwealth Land Title Co
Wartson Authur $44,500 Commonwealth Land Title Co
Federal Home Loan Mortgage Corporation -- First Southwestern Title Co
First Nationwide Mtg Corp $64,000 First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nazarian Pouya $295,400
Previous Owner 59Th Street Llc $266,000
Previous Owner Real Severiano Pimental $70,000
Previous Owner Boschetti Hilda $123,978
Previous Owner Grigsby Harold E $71,500
Previous Owner Wartson Authur $44,887
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2021 04/13/21 Sold $380,000 -15.6% $130 / Sq Ft
03/02/2021 03/02/21 Pending -- -- --
02/06/2021 02/06/21 For Sale $450,000 -- $154 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,939 $411,324 $102,831 $308,493
2024 $4,530 $395,352 $104,040 $291,312
2023 $4,487 $387,600 $102,000 $285,600
2022 $4,486 $387,600 $96,900 $290,700
2021 $3,478 $282,901 $20,207 $262,694
2020 $3,413 $280,000 $20,000 $260,000
2019 $756 $68,215 $1,350 $66,865
2018 $763 $66,878 $1,324 $65,554
2017 $739 $65,567 $1,298 $64,269
2016 $724 $64,282 $1,273 $63,009
2015 $696 $63,317 $1,254 $62,063
2014 $688 $62,076 $1,229 $60,847
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV21022150

California Regional Multiple Listing Service (CRMLS)

APN: 0459-152-55

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