NOT LISTED FOR SALE

241 W F St Colton, CA 92324

10 Beds
5 Baths
4,366 Sq Ft
0.38 Acres

Last Sold May 19, 2021

Last sale price $850,000 $195 Per Sq Ft

17 Days on Market

Highlights

  • 0.38 Acre Lot
  • No HOA
  • 1-Story Property
  • Craftsman Architecture
  • Laundry Room
  • 4-minute walk to Fleming Park

About This Home

As of May 2021

5 Units Apartment with Long term tenants ( some tenants have been lived there over 10 Years) and total rent is $6150/m. Current rents are below market. A triplex and duplex building both are single level. Walk to city hall, Banks, local markets and restaurants. New double pane windows, installed 12 new window AC on the wall and exterior paint 2.5 years ago. 3 of the 5 units remodeled interior with new paint, new tile, new carpet and some new ceiling fans. Side yard for all 2 and 3 bedroom units. Covered Carports and uncovered parking spaces. Big FLAT lot 16492 SF possibly build more units. (Please consult the City). Low maintenance. Tenants pay electric, gas and TRASH service, the landlord pays water and gardening. Washer and dryer hook ups inside of the units. New electric panel replaced last year for the duplex with a building permit. 2 new water heater replaced 2.5 years ago. There are lots of parking spaces nearby and the tenants have never complained about parking. The Triplex has 3 covered parking spaces and 1 uncovered parking space at the rear of the property (alongside an alley behind the property). Schools include: Lincoln Elementary School, Colton Middle School and Colton High School. (School assignments deemed reliable though agents must perform their own independent investigation).

Last Agent to Sell the Property

Lawrence Schoelch

GOLDEN WEST REAL ESTATE License #01243953 Listed on: 04/06/2021

Last Buyer's Agent

Lawrence Schoelch

GOLDEN WEST REAL ESTATE License #01243953 Listed on: 04/06/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

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

Home Design

  • Craftsman Architecture
  • Mediterranean Architecture
  • Apartment
  • Composition Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 4,366 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Parking

  • 1 Open Parking Space
  • 4 Parking Spaces
  • 3 Carport Spaces

Additional Features

  • Urban Location
  • Natural Gas Connected

Listing and Financial Details

  • Legal Lot and Block 22 / 63
  • Tax Tract Number 12345
  • Assessor Parcel Number 0162042220000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 5 Units

Building Details

  • 5 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $192
  • Insurance Expense $1,380
  • Water Sewer Expense $1,296
  • New Taxes Expense $9,780
  • Operating Expense $13,848
  • Gross Income $73,800
  • Net Operating Income $59,952

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Assessments: Yes
  • Other Phone Description: 9095699626
  • Property Attached: Yes
  • Water Sewer Expenses: 1296.00
  • Architectural Style: Craftsman, Mediterranean
  • Property Type: Residential Income
  • Parcel Number: 0162042220000
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 194.69
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Concrete, Stucco

Garage/Parking

  • Carport Spaces: 3.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Laundry: Yes
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 16492.00
  • Lot Size Acres: 0.3786

Multi Family

  • Electric Expense: 192.00
  • Gross Income: 73800.00
  • Gross Scheduled Income: 73800.00
  • Insurance Expense: 1380.00
  • Lot Size Area: 16492.0000 Square Feet
  • Net Operating Income: 59952.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 13848.00
  • Rent Control: No
  • Total Expenses: 13848.00

Tax Info

  • New Taxes Expense: 9780.00
  • Tax Block: 63
  • Tax Census Tract: 125.00
  • Tax Lot: 22
  • Tax Tract Number: 12345

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
05/23/2021 05/23/21 For Sale $838,000 -1.4% $192 / Sq Ft
05/19/2021 05/19/21 Sold $850,000 0.0% $195 / Sq Ft
04/23/2021 04/23/21 Off Market $850,000 -- --
04/06/2021 04/06/21 For Sale $838,000 0.0% $192 / Sq Ft
10/26/2017 10/26/17 Rented $1,095 0.0% --
10/14/2017 10/14/17 Price Changed $1,095 -1.4% $1 / Sq Ft
09/25/2017 09/25/17 For Rent $1,110 -- --
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: IV21069942

California Regional Multiple Listing Service (CRMLS)