NOT LISTED FOR SALE

2480 Electric Ave Upland, CA 91784

San Antonio Heights Neighborhood

Estimated Value: $1,068,000 - $1,216,000

8 Beds
4 Baths
3,264 Sq Ft
$348/Sq Ft Est. Value

Last Sold April 06, 2021

Last sale price $910,000 $279 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $6,823/month

231 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property
  • Valencia Elementary Rated A-

About This Home

As of April 2021

3 SINGLE FAMILY HOMES on 1 LOT. Great North Upland/ San Antonio Heights location! Two units with 2 bedrooms/ 1 bath and one unit with 4 bedrooms/2 baths. Newer duel pane windows in all 3 units.

Last Agent to Sell the Property

Razieh Farzad

RE/MAX MASTERS REALTY License #01230673 Listed on: 08/04/2020

RE/MAX MASTERS REALTY

Last Buyer's Agent

Daniel Gushue

GUSHUE REAL ESTATE License #01769926

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 0.34 Acre Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Interior Spaces

  • 3,264 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Private Water Source
  • Septic Type Unknown

Listing and Financial Details

  • Legal Lot and Block 3 / 14
  • Tax Tract Number 8
  • Assessor Parcel Number 0200133160000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Other Expense $1,500
  • Trash Expense $1,200
  • Water Sewer Expense $2,000
  • New Taxes Expense $9,900
  • Operating Expense $4,700
  • Net Operating Income $57,700

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 2000.00
  • Zoning: RS-10M
  • Property Type: Residential Income
  • Parcel Number: 0200133160000
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 278.80

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Septic Type Unknown
  • Trash Expense: 1200.00
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 15000.00
  • Lot Size Acres: 0.3444

Multi Family

  • Gross Scheduled Income: 63000.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 15000.0000 Square Feet
  • Net Operating Income: 57700.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Other Expense: 1500.00
  • Other Expense Description: Ins.
  • Rent Control: No
  • Total Expenses: 4700.00

Tax Info

  • New Taxes Expense: 9900.00
  • Tax Block: 14
  • Tax Census Tract: 8.04
  • Tax Lot: 3
  • Tax Tract Number: 8.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2023
Sold by
Gushue David and Gushue Kathryn
Bought by
Gushue Family Trust
Current Estimated Value
$1,135,675

Purchase Details

Listed on
Aug 4, 2020
Closed on
Feb 26, 2021
Sold by
Holakoui Hossein and Holakoui Soheila
Bought by
Gushue Real Estate Inc
Seller's Agent
Razieh Farzad
RE/MAX MASTERS REALTY
Buyer's Agent
Daniel Gushue
GUSHUE REAL ESTATE
List Price
$949,000
Sold Price
$910,000
Premium/Discount to List
-$39,000
-4.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.81%

Purchase Details

Closed on
Mar 21, 2006
Sold by
Carter James
Bought by
Holakoui Hossein and Holakoui Soheila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,500
Interest Rate
6.29%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Gushue Family Trust -- --
Gushue Real Estate Inc $910,000 Orange Coast Ttl Co Of Socal
Holakoui Hossein $790,000 United Title Company
Carter James -- United Title Company
Carter James -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holakoui Hossein $592,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2021 04/06/21 Sold $910,000 -4.1% $279 / Sq Ft
08/04/2020 08/04/20 For Sale $949,000 -- $291 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $10,481 $985,013 $335,553 $649,460
2024 $10,481 $965,699 $328,974 $636,725
2023 $10,325 $946,764 $322,524 $624,240
2022 $10,105 $928,200 $316,200 $612,000
2021 $11,045 $997,388 $252,504 $744,884
2020 $10,746 $987,161 $249,915 $737,246
2019 $10,709 $967,805 $245,015 $722,790
2018 $10,445 $948,829 $240,211 $708,618
2017 $10,145 $930,225 $235,501 $694,724
2016 $9,840 $911,985 $230,883 $681,102
2015 $10,200 $898,286 $227,415 $670,871
2014 $9,906 $880,690 $222,960 $657,730
Source: Public Records

Agents Affiliated with this Home

  • Razieh Farzad

    Seller's Agent in 2021

    Razieh Farzad

    RE/MAX

    (909) 373-5093

    2 in this area

    63 Total Sales

    Razieh Farzad
    Section Image
  • Daniel Gushue

    Buyer's Agent in 2021

    Daniel Gushue

    GUSHUE REAL ESTATE

    (909) 946-6633

    3 in this area

    178 Total Sales

    Daniel Gushue
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20145755

California Regional Multiple Listing Service (CRMLS)

APN: 0200-133-16

California San Bernardino County Upland 91784 San Antonio Heights

2480 Electric Ave, Upland, CA

Not Listed for Sale

MultiFamily

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