NOT LISTED FOR SALE

Estimated Value: $767,791 - $1,031,000

4 Beds
2 Baths
1,850 Sq Ft
$472/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $588,000 $318 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $5,022/month

90 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Granite Countertops
  • Walk-In Closet
  • Cope Middle School Rated A-
  • No HOA
  • Cooling System Mounted To A Wall/Window

About This Home

As of March 2021

Back on the Market! Fully renovated Duplex in high demand area of Loma Linda. It is strategically located with surroundings: VA Hospital (1.4 miles), Loma Linda University Medical Center (2 miles), shopping centers and freeways. Two side by side units sitting in a big lot with separate gas and electric meters. Each unit has good size of bedrooms with walk-in master closet; waterproof vinyl laminated flooring throughout; granite kitchen counter-top; back-splash for easy cleaning; soft-close kitchen cabinet; pull down kitchen sink faucet; gas range stove and hood; granite bathroom sink; tiles bathtub wall; double pane windows; mini blinds; classic wooden gate; new copper piping and water heater.
Good-size backyard is newly landscaped for easy maintenance with concrete, gravels, some new plants and perfect for entertainment. Freshly painted exterior and interior. Long-time tenants with updated rental. With the upcoming realization of Loma Linda University Medical Center's expansion and shortage of rental inventory in the area make this Income Property the prefect investment! Since this property was just renovated two years ago, it will be sold in AS-IS condition.

Last Agent to Sell the Property

Linda Lim

CML Investment, Inc. License #01442981 Listed on: 11/21/2020

CML Investment, Inc.

Last Buyer's Agent

Bertha Nassih

All Nations Realty & Investments License #01297922

All Nations Realty & Investments

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,392

Year Built

  • Built in 1965

Lot Details

  • 9,600 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Fence is in good condition
  • Landscaped
  • Level Lot
  • Front and Back Yard Sprinklers
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Shingle Roof

Interior Spaces

  • 1,850 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Laminate Flooring

Kitchen

  • Convection Oven
  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • Walk-In Closet
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 15 / 75
  • Tax Tract Number 13010
  • Assessor Parcel Number 0283215030000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $960
  • Insurance Expense $876
  • Trash Expense $800
  • Water Sewer Expense $1,000
  • New Taxes Expense $6,586
  • Operating Expense $10,222
  • Net Operating Income $26,978

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,392

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 1000.00
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 0283215030000
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Granite Counters
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 317.84
  • Room Type: All Bedrooms Down, Kitchen, Walk-In Closet

Exterior Features

  • Fence: Yes
  • Fencing: Good Condition
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Private
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Gas Oven, Gas Cooktop, Water Heater
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage
  • Sewer: Public Sewer
  • Trash Expense: 800.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Lot 6500-9999, Level, Sprinkler System, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 9600.00
  • Lot Size Acres: 0.2204

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 37200.00
  • Insurance Expense: 876.00
  • Lot Size Area: 9600.0000 Square Feet
  • Net Operating Income: 26978.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 10222.00
  • Rent Control: No
  • Total Actual Rent: 3100.00
  • Total Expenses: 10222.00

Tax Info

  • New Taxes Expense: 6586.00
  • Tax Block: 75
  • Tax Census Tract: 73.05
  • Tax Lot: 15
  • Tax Tract Number: 13010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2020
Closed on
Mar 1, 2021
Sold by
Pimo Assest Mangement Inc
Bought by
Nassih Emad G and Nassih Bertha Leticia
Seller's Agent
Linda Lim
CML Investment, Inc.
Buyer's Agent
Bertha Nassih
All Nations Realty & Investments
List Price
$568,000
Sold Price
$588,000
Premium/Discount to List
$20,000
3.52%
Current Estimated Value
$830,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,071
Avg. Annual Appreciation
8.15%

Purchase Details

Listed on
Aug 28, 2018
Closed on
Nov 27, 2018
Sold by
Sahlin Christopher L
Bought by
Pimo Asset Management Inc
Seller's Agent
DOROTHY PATAKY
RE/MAX HORIZON
Buyer's Agent
Linda Lim
CML Investment, Inc.
List Price
$450,000
Sold Price
$405,000
Premium/Discount to List
-$45,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.11%

Purchase Details

Closed on
Feb 2, 2000
Sold by
Sahlin Carl W Tr
Bought by
Sahlin Christopher L

Purchase Details

Closed on
Jan 27, 2000
Sold by
Sahlin Carl W Tr
Bought by
Sahlin Carl W

Purchase Details

Closed on
Oct 21, 1997
Sold by
Sahlin Carl W and Sahlin Donna M
Bought by
Sahlin Carl W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,121
Interest Rate
7.36%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 4, 1995
Sold by
Sahlin Carl W
Bought by
Sahlin Carl W and The Sahlin Revocable Living Tr
Source: Public Records

Range of Values:

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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
Nassih Emad G -- First American Title
Nassih Emad G $588,000 First Amer Ttl Co Glendale
Pimo Asset Management Inc $405,000 First American Title
Sahlin Christopher L $12,000 United Title Company
Sahlin Carl W -- United Title Company
Sahlin Carl W -- --
Sahlin Carl W -- United Title
Sahlin Carl W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sahlin Christopher L $100,000
Previous Owner Sahlin Christopher L $107,016
Previous Owner Sahlin Carl W $107,121
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2021 03/05/21 Sold $588,000 0.0% $318 / Sq Ft
12/14/2020 12/14/20 Price Changed $588,000 +3.5% $318 / Sq Ft
11/21/2020 11/21/20 For Sale $568,000 +40.2% $307 / Sq Ft
12/10/2018 12/10/18 Sold $405,000 -4.3% $219 / Sq Ft
11/14/2018 11/14/18 Price Changed $423,000 -2.3% $229 / Sq Ft
10/09/2018 10/09/18 Price Changed $433,000 -3.8% $234 / Sq Ft
08/28/2018 08/28/18 For Sale $450,000 -- $243 / 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 $7,392 $636,470 $124,480 $511,990
2024 $7,392 $623,990 $122,039 $501,951
2023 $7,383 $611,755 $119,646 $492,109
2022 $7,276 $599,760 $117,300 $482,460
2021 $5,277 $417,379 $82,445 $334,934
2020 $5,199 $413,100 $81,600 $331,500
2019 $5,054 $405,000 $80,000 $325,000
2018 $1,961 $154,948 $39,731 $115,217
2017 $1,945 $151,910 $38,952 $112,958
2016 $1,923 $148,931 $38,188 $110,743
2015 $1,909 $146,694 $37,614 $109,080
2014 $1,865 $143,000 $30,000 $113,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR20244706

California Regional Multiple Listing Service (CRMLS)

APN: 0283-215-03