J
Seller's Agent in 2016
Jeff Bonafede
Century 21 Masters
(909) 200-7311
1 in this area
5 Total Sales
233 S 3rd Ave Upland, CA 91786
7
Beds
4
Baths
5,400
Sq Ft
10,246
Sq Ft Lot
Highlights
- Property is near public transit
- Lawn
- Laundry Room
- Edison Elementary School Rated A-
- Shutters
- 3-minute walk to Olivedale Park
About This Home
As of April 2016Located within walking distance of Historic Downtown Upland and the Metro Link Station, this cash positive 5 unit property offers the best opportunity in the entire city of Upland! The front house is 1800 Sqft with 3 bedrooms and 2 baths, laundry room, it's own driveway and garage... and is remodeled. Behind the private yard of the main front house is a 4-Plex that has 4 sets of 2 bedroom 1 bath units. 2 have fireplaces, 2 downstairs units have their own yards and the upstairs units have oversized patios. All of the units have dual pane windows and 3 have been fully remodeled. All 4 units are rented, 3 at $1,250 a month and 1 at $1,300. There is a garage for each of the 4 units (front house has it's own) and a community laundry that affords additional income as well. The front house is currently occupied by the owners but could be rented for $1,800 or more a month. This is the best income producing property for sale in the entire city. There are also opportunities for a carry back from the original owner of the property, contact listing agent for further information.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 10,246 Sq Ft Lot
- Two or More Common Walls
- Landscaped
- Sprinkler System
- Lawn
- Front Yard
Parking
- 5 Car Garage
- Driveway
- On-Street Parking
Home Design
- Property Attached
- Turnkey
Interior Spaces
- 5,400 Sq Ft Home
- Shutters
- Living Room with Fireplace
- Laundry Room
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Bathrooms
Additional Features
- Exterior Lighting
- Property is near public transit
- Central Heating and Cooling System
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 33
- Tax Tract Number 8042
- Assessor Parcel Number 1047063170000
Community Details
Overview
- 2 Buildings
- 5 Units
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $3,800
- Trash Expense $1,536
- Water Sewer Expense $1,200
- Gross Income $6,050
- Net Operating Income $65,600
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/15/2016 04/15/16 | Sold | $1,270,000 | -15.3% | $235 / Sq Ft |
| 04/01/2016 04/01/16 | Pending | -- | -- | -- |
| 03/01/2016 03/01/16 | For Sale | $1,500,000 | +50.0% | $278 / Sq Ft |
| 04/17/2015 04/17/15 | Sold | $1,000,000 | 0.0% | $185 / Sq Ft |
| 02/10/2015 02/10/15 | Pending | -- | -- | -- |
| 02/10/2015 02/10/15 | For Sale | $1,000,000 | -- | $185 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Jeff Bonafede
-
Teresa Wang
Buyer's Agent in 2016
Teresa Wang
Century Commercial RE Services
(626) 500-5789
24 Total Sales
-
S
Buyer's Agent in 2016
Sheng Wang
Century 21 Care
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV16043316
APN: 1047-063-17
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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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