NOT LISTED FOR SALE

Estimated Value: $437,000 - $556,000

4 Beds
2 Baths
1,512 Sq Ft
$317/Sq Ft Est. Value

Last Sold September 28, 2022

Last sale price $410,000 $271 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,935/month

27 Days on Market

Highlights

  • Laundry Room
  • Mountainous Community
  • 1-Story Property

About This Home

As of September 2022

We are pleased to present this duplex apartment opportunity located in the very desirable neighborhood of Seccombe Lane. 253/255 Orange Street offers two 2 bed/1 bath units. The building is 1512 square feet and the lot is 6500 square feet. Orange Street also has a great walk score for tenants and is located in close proximity to The 215, The 210 and the airport.

Last Agent to Sell the Property

Stephen Takahashi

Lyon Stahl Investment Real Estate, Inc. License #01944770 Listed on: 07/06/2022

Lyon Stahl Investment Real Estate, Inc.

Co-Listed By

Johnnie Stiegler

Lyon Stahl Investment Real Estate, Inc. License #01981597

Last Buyer's Agent

Stephen Takahashi

Lyon Stahl Investment Real Estate, Inc. License #01944770 Listed on: 07/06/2022

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 6,500 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Property Attached

Interior Spaces

  • 1,512 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number 0140092070000
  • $410 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Mountainous Community

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $450
  • Fuel Expense $450
  • Gardener Expense $1,200
  • Insurance Expense $2,600
  • Maintenance Expense $1,063
  • Trash Expense $450
  • Water Sewer Expense $450
  • New Taxes Expense $4,750
  • Operating Expense $11,413
  • Gross Income $26,580
  • Net Operating Income $13,838

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 450.00
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 0140092070000
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 271.16

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Trash Expense: 450.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Mountainous

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6500.00
  • Lot Size Acres: 0.1492

Multi Family

  • Electric Expense: 450.00
  • Fuel Expense: 450.00
  • Gross Income: 26580.00
  • Gross Operating Income: 25251.00
  • Gross Scheduled Income: 26580.00
  • Insurance Expense: 2600.00
  • Lot Size Area: 6500.0000 Square Feet
  • Maintenance Expense: 1063.00
  • Maintenance Percent: 4.00
  • Net Operating Income: 13838.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 11413.00
  • Operating Expense Percent: 43.00
  • Rent Control: No
  • Total Expenses: 11413.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 4750.00
  • Tax Census Tract: 56.02
  • Tax Lot: 35
  • TaxOtherAnnualAssessmentAmount: 410.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2022
Closed on
Sep 1, 2022
Sold by
Ksr San Bernardino Llc
Bought by
Ksr Sb Llc
Seller's Agent
Stephen Takahashi
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Stephen Takahashi
Lyon Stahl Investment Real Estate, Inc.
List Price
$380,000
Sold Price
$410,000
Premium/Discount to List
$30,000
7.89%
Views
24
Current Estimated Value
$478,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,813
Avg. Annual Appreciation
4.78%
Original Mortgage
$307,500
Outstanding Balance
$291,128
Interest Rate
4.88%
Mortgage Type
New Conventional
Estimated Equity
$187,685

Purchase Details

Listed on
Jul 6, 2022
Closed on
Aug 16, 2022
Sold by
Ksr Sb Llc
Bought by
Ripoll Cristian G and Baltay Andrea N
Seller's Agent
Stephen Takahashi
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Stephen Takahashi
Lyon Stahl Investment Real Estate, Inc.
List Price
$380,000
Sold Price
$410,000
Premium/Discount to List
$30,000
7.89%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Outstanding Balance
$291,128
Interest Rate
4.88%
Mortgage Type
New Conventional
Estimated Equity
$187,685

Purchase Details

Closed on
Dec 30, 2021
Sold by
Skkr Llc
Bought by
Ksr San Bernardino Llc

Purchase Details

Closed on
Oct 22, 2010
Sold by
Galindo Celso
Bought by
Skkr Llc

Purchase Details

Closed on
Apr 5, 2007
Sold by
Marquez Luis
Bought by
Galindo Celso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2005
Sold by
Flores D Jose and Flores Maria
Bought by
Galindo Celso and Marquez Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.35%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 7, 2004
Sold by
Henry Sylvia
Bought by
Flores Jose and Flores Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 2001
Sold by
Henry Sylvia
Bought by
Henry Sylvia and Sylvia Henry 2001 Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Ksr Sb Llc -- Fidelity National Title
Ripoll Cristian G $410,000 Fidelity National Title
Ksr San Bernardino Llc -- Burke Law Pc
Skkr Llc $68,200 None Available
Galindo Celso -- Landsafe Title
Galindo Celso $325,000 United Title
Flores Jose $197,000 First American
Henry Sylvia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ripoll Cristian G $307,500
Previous Owner Galindo Celso $320,000
Previous Owner Galindo Celso $260,000
Previous Owner Flores Jose $157,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2022 09/28/22 Sold $410,000 0.0% $271 / Sq Ft
08/02/2022 08/02/22 Pending -- -- --
07/27/2022 07/27/22 Off Market $410,000 -- --
07/06/2022 07/06/22 For Sale $380,000 -- $251 / 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 $5,371 $426,564 $109,242 $317,322
2024 $5,371 $418,200 $107,100 $311,100
2023 $5,237 $410,000 $105,000 $305,000
2022 $1,240 $84,509 $18,110 $66,399
2021 $1,238 $82,852 $17,755 $65,097
2020 $1,238 $82,003 $17,573 $64,430
2019 $1,205 $80,395 $17,228 $63,167
2018 $1,192 $78,818 $16,890 $61,928
2017 $1,156 $77,273 $16,559 $60,714
2016 $1,122 $75,758 $16,234 $59,524
2015 $991 $74,620 $15,990 $58,630
2014 $964 $73,159 $15,677 $57,482
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22130413

California Regional Multiple Listing Service (CRMLS)

APN: 0140-092-07