$545,000
SOLD JAN 8, 2020 RENTED JUN 6, 2024

263 W F St Colton, CA 92324

6 Beds
3 Baths
2,444 Sq Ft
9,747 Sq Ft Lot

Recently Sold

$223 Per Sq Ft

1% Above List Price

11 Days on Market

Highlights

  • No Units Above
  • No HOA
  • Central Heating and Cooling System
  • Mediterranean Architecture
  • Laundry Room
  • 4-minute walk to Fleming Park

About This Home

As of January 2020

1988 built Triplex. Long term tenants. Gross rent is $3660/m. All 3 units are 2 bed 1 bath with a big side yard, central HVAC and laundry room inside each unit. Remodeled last year with exterior paint and new double pane windows. Low maintenance. Tenants pay electric, gas and TRASH. Landlord pays water and gardener. Single level newer built triplex , no steps. Lots of parking spaces.

Last Agent to Sell the Property

Lawrence Schoelch

GOLDEN WEST REAL ESTATE License #01243953 Listed on: 11/07/2019

Last Buyer's Agent

ASHLEY TANG

HANDFORE REALTY CORP. License #01937309

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,103

Year Built

  • Built in 1988

Lot Details

  • 9,747 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Triplex
  • Mediterranean Architecture

Interior Spaces

  • 2,444 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Parking

  • 5 Open Parking Spaces
  • 8 Parking Spaces
  • 3 Carport Spaces
  • Parking Available

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas, sewer, trash collection
  • Tax Lot 101
  • Tax Tract Number 202
  • Assessor Parcel Number 0162042230000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $829
  • Water Sewer Expense $1,236
  • New Taxes Expense $5,916
  • Operating Expense $8,581
  • Gross Income $43,920
  • Net Operating Income $35,339

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,103

Year Built

Built in 1988

Lot Details

0

Listing Details

  • CapRate: 6.57
  • Property Attached: Yes
  • Water Sewer Expenses: 1236.00
  • Architectural Style: Mediterranean
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 0162042230000
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: 1
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Levels: One
  • Price Per Square Foot: 223.00
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 3.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Natural Gas
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

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: 9747.00
  • Lot Size Acres: 0.2238

Rental Info

  • Tenant Pays: Electricity, Gas, Sewer, Trash Collection

Multi Family

  • Gross Income: 43920.00
  • Gross Scheduled Income: 43920.00
  • Insurance Expense: 829.00
  • Lot Size Area: 9747.0000 Square Feet
  • Net Operating Income: 35339.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 8581.00
  • Rent Control: No
  • Total Actual Rent: 3660.00
  • Total Expenses: 8581.00

Tax Info

  • New Taxes Expense: 5916.00
  • Tax Lot: 101
  • Tax Tract Number: 202

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2023
Sold by
Tang Arthur
Bought by
Arthur Tang Family Trust
Total Days on Market
11
Current Estimated Value
$845,337

Purchase Details

Closed on
Jul 6, 2021
Sold by
Tang Arthur and The Arthur Tang Family Trust
Bought by
Tang Arthur and Tang Ashley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 7, 2019
Closed on
Jan 3, 2020
Sold by
Lam Arena C
Bought by
Lam Thieng Hanh
Seller's Agent
Lawrence Schoelch
GOLDEN WEST REAL ESTATE
Buyer's Agent
ASHLEY TANG
HANDFORE REALTY CORP.
List Price
$538,000
Sold Price
$545,000
Premium/Discount to List
$7,000
1.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.45%
Original Mortgage
$400,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 7, 2019
Closed on
Dec 14, 2019
Sold by
Trinity Capital Llc
Bought by
Tang Arthur
Seller's Agent
Lawrence Schoelch
GOLDEN WEST REAL ESTATE
Buyer's Agent
ASHLEY TANG
HANDFORE REALTY CORP.
List Price
$538,000
Sold Price
$545,000
Premium/Discount to List
$7,000
1.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 17, 2015
Closed on
Apr 22, 2015
Sold by
The Helen E Brown Revocable Trust
Bought by
Trinity Capital Llc
Seller's Agent
Juan Aguirre
Realty Masters & Associates
Buyer's Agent
Juan Aguirre
Realty Masters & Associates
List Price
$259,900
Sold Price
$275,000
Premium/Discount to List
$15,100
5.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.67%

Purchase Details

Closed on
Nov 24, 2003
Sold by
Brown Helen E
Bought by
The Helen E Brown Revocable Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- First American Title
Interfamily Deed Transfer -- Stewart Title Of Ca Inc
Interfamily Deed Transfer -- Wfg National Title Co Of Ca
Grant Deed $545,000 Wfg National Title Company
Grant Deed $275,000 First American
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $398,000 New Conventional
Previous Owner $400,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2024 06/06/24 Rented $1,900 0.0% --
05/06/2024 05/06/24 For Rent $1,900 +21.8% --
08/31/2020 08/31/20 Rented $1,560 0.0% --
08/27/2020 08/27/20 Price Changed $1,560 -1.0% $2 / Sq Ft
08/10/2020 08/10/20 For Rent $1,575 0.0% --
01/08/2020 01/08/20 Sold $545,000 0.0% $223 / Sq Ft
11/23/2019 11/23/19 Off Market $545,000 -- --
11/07/2019 11/07/19 For Sale $538,000 +95.6% $220 / Sq Ft
04/30/2015 04/30/15 Sold $275,000 +5.8% $113 / Sq Ft
04/13/2015 04/13/15 Pending -- -- --
01/23/2015 01/23/15 For Sale $259,900 -- $106 / 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
2024 $7,103 $584,349 $107,220 $477,129
2023 $7,123 $572,892 $105,118 $467,774
2022 $7,022 $561,659 $103,057 $458,602
2021 $7,166 $550,646 $101,036 $449,610
2020 $3,653 $274,534 $60,334 $214,200
2019 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV19260816

California Regional Multiple Listing Service (CRMLS)

APN: 0162-042-23