NOT LISTED FOR SALE
11 Beds
11 Baths
5,752 Sq Ft
0.64 Acres

Last Sold December 15, 2018

Last sale price $615,000 $107 Per Sq Ft

13 Days on Market

Highlights

  • Corner Lot
  • Central Air
  • Heating System Uses Natural Gas
  • Laundry Room

About This Home

As of December 2018

Must see beautiful two story apartment building consisting of 6 units. 5 units are 2bd/2ba with 1 1bd/1ba unit. Property is nestled in the northern Rancherias multi-family community, with excellent commuter access to the I-15 freeway via US Highway 18. Less than a mile and half away is the Apple Valley Commons Shopping Center, with popular stores such as Super Target, Starbucks, Dollar Tree, UPS Store & RadioShack. Plenty of dining options include Round Table Pizza, Denny's, Viva Maria Mexican Restaurant, and fast food options including Mc Donald's, Carl's Jr, Jack in the Box, Del Taco, Taco Bell and Panda Express. Convenient distance to Walgreens, Union Bank and UPS store. Nearby entertainment available at the Apple Valley Country Club and Golf Course, Bowling Alley & year round events at the Apple Valley Civic Center Park, including weekly Farmer's Market. Many improvements, new appliances and a fresh coat of paint! Submit all offers today!

Last Agent to Sell the Property

Emelie Kwon

NAI CAPITAL, INC. License #01820996 Listed on: 07/05/2018

Last Buyer's Agent

Emelie Kwon

NAI CAPITAL, INC. License #01820996 Listed on: 07/05/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 0.64 Acre Lot
  • Two or More Common Walls
  • Rural Setting
  • Desert faces the front and back of the property
  • Corner Lot

Parking

  • 7 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 5,752 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 11 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 0441091160000

Community Details

Overview

  • 6 Units

Building Details

  • 10 Leased Units
  • 6 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $360
  • Fuel Expense $360
  • Insurance Expense $2,200
  • Professional Management Expense $3,790
  • Trash Expense $1,560
  • Water Sewer Expense $2,400
  • New Taxes Expense $9,752
  • Operating Expense $20,422
  • Gross Income $63,168
  • Net Operating Income $39,904

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Parking

7

Listing Details

  • Professional Management Expense: 3790.00
  • Property Attached: Yes
  • Water Sewer Expenses: 2400.00
  • Property Type: Residential Income
  • Parcel Number: 0441091160000
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 106.92

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 7.00
  • Total Parking Spaces: 7.00

Utilities

  • Utilities: Electricity Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas
  • Laundry Features: Dryer Included, Gas Dryer Hookup, In Garage, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 1560.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Desert Back, Desert Front, Rocks
  • Lot Size Sq Ft: 27800.00
  • Lot Size Acres: 0.6382

Multi Family

  • Electric Expense: 360.00
  • Fuel Expense: 360.00
  • Gross Income: 63168.00
  • Gross Scheduled Income: 63168.00
  • Insurance Expense: 2200.00
  • Lot Size Area: 27800.0000 Square Feet
  • Net Operating Income: 39904.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 10
  • Number Of Units Total: 6
  • Operating Expense: 2367.26
  • Rent Control: No
  • Total Expenses: 20422.00

Tax Info

  • New Taxes Expense: 9752.00
  • Tax Census Tract: 97.16

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
12/15/2018 12/15/18 Sold $615,000 -2.4% $107 / Sq Ft
07/18/2018 07/18/18 Pending -- -- --
07/05/2018 07/05/18 For Sale $630,000 -- $110 / 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: CV18160844

California Regional Multiple Listing Service (CRMLS)