NOT LISTED FOR SALE

2387 Sepulveda Ave San Bernardino, CA 92404

Wilson Neighborhood
10 Beds
5 Baths
4,614 Sq Ft
0.3 Acres

Last Sold May 27, 2022

Last sale price $837,000 $181 Per Sq Ft

92 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Block Wall Fence
  • Cooling System Mounted To A Wall/Window
  • South Facing Home
  • Carpet

About This Home

As of May 2022

We’re pleased to present you this great investment opportunity... a 5 unit gated apartment complex located near public transportation, the 210 & 215 freeways, walking distance to shopping and restaurants. All 5 units are 2 bedrooms, 1 bathroom with great upside rent potential. All the kitchens were recently updated. Each unit has indoor laundry and its very own separate patio. Why buy 4 units, when for a similar price point, you can get 5 units! All units are fully rented with long term tenants. Hurry, this opportunity won't last!

Last Agent to Sell the Property

Rogelio Munoz

Realty Pro 100 License #01438050 Listed on: 01/25/2022

Last Buyer's Agent

Rogelio Munoz

Realty Pro 100 License #01438050 Listed on: 01/25/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,813

Year Built

  • Built in 1958

Lot Details

  • 0.3 Acre Lot
  • Two or More Common Walls
  • South Facing Home
  • Block Wall Fence

Home Design

  • Apartment
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 4,614 Sq Ft Home
  • 1-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 5 Parking Spaces
  • 5 Carport Spaces
  • On-Street Parking

Utilities

  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 0150261090000
  • $793 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • 5 Leased Units
  • Electric Expense $2,544
  • Fuel Expense $408
  • Insurance Expense $2,231
  • Maintenance Expense $2,000
  • Pest Control $924
  • Trash Expense $216
  • Water Sewer Expense $240
  • Operating Expense $8,668
  • Gross Income $60,360
  • Net Operating Income $48,878

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,813

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 5.00
  • Price Per Unit: 185000
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 240.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 0150261090000
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Unfurnished
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Levels: One
  • Price Per Square Foot: 181.40
  • Room Type: All Bedrooms Down

Exterior Features

  • Direction Faces: South
  • Foundation: Slab
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Carport Spaces: 5.00
  • Parking Features: Carport, Street
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Electric: Standard
  • Laundry Features: Gas & Electric Dryer Hookup
  • Pest Control Expense: 924.00
  • Sewer: Public Sewer
  • Trash Expense: 216.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 12927.00
  • Lot Size Acres: 0.2968

Multi Family

  • Electric Expense: 2544.00
  • Fuel Expense: 408.00
  • Gross Multiplier: 15.74
  • Gross Operating Income: 60360.00
  • Gross Scheduled Income: 60360.00
  • Insurance Expense: 2231.00
  • Lot Size Area: 12927.0000 Square Feet
  • Maintenance Expense: 2000.00
  • Net Operating Income: 48878.00
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Number Wall A C: 5
  • Number With Patio: 5
  • Operating Expense: 11481.00
  • Rent Control: No
  • Total Actual Rent: 5030.00
  • Total Expenses: 8668.00

Tax Info

  • Tax Area: 12
  • Tax Census Tract: 53.00
  • Tax Lot: 37
  • Tax Annual Amount: 2813.00
  • Tax Year: 2022
  • TaxOtherAnnualAssessmentAmount: 793.00

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 Change Sq Ft Price
05/27/2022 05/27/22 Sold $837,000 -9.5% $181 / Sq Ft
04/27/2022 04/27/22 Pending -- -- --
01/25/2022 01/25/22 For Sale $925,000 -- $200 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Rogelio Munoz

    Realty Pro 100

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22004019

California Regional Multiple Listing Service (CRMLS)
California San Bernardino County San Bernardino 92404 Wilson

2387 Sepulveda Ave, San Bernardino, CA

This home is located at 2387 Sepulveda Ave, San Bernardino, CA 92404 since 25 January 2022. This property was built in 1958. 2387 Sepulveda Ave is a home located in San Bernardino County with nearby schools including Wilson Elementary School, Golden Valley Middle School, and San Bernardino High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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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