NOT LISTED FOR SALE

2668 Rosedale Ave Colton, CA 92324

Estimated Value: $1,036,000 - $1,227,000

11 Beds
5 Baths
6,232 Sq Ft
$184/Sq Ft Est. Value

Last Sold March 19, 2021

Last sale price $1,175,000 $189 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $6,575/month

8 Days on Market

Highlights

  • In Ground Pool
  • Mountain View
  • Cooling System Mounted To A Wall/Window
  • 0.48 Acre Lot
  • No HOA
  • Park

About This Home

As of March 2021

Welcome to Mary Knoll Terrace Apartments, 8 SPACIOUS UNITS, LANDSCAPED COURTYARD,SWIMMING POOL, 8 GARAGES, SEPARATE METERS AND 2 LAUNDRY ROOMS, 14 BED and 8 BATH in TOTAL, 2 - 3 BED/1.75 BATH 2 - 2BED/1 BATH 4 - 1BED/1 BATH with WALK-IN CLOSETS, ALL PERMITTED, SEPARATE ADDRESSES, CASH FLOW, FULLY OCCCUPIED!!!
Don't Miss Out on this Great Income Producing Trophy Property Situated in a Prime Rental Area of Colton. Looking for Monthly Income, Looking to Complete a 1031 Up leg Exchange? This Unique Property Sits on 2 Separate Parcels a total 21,000 sq. ft. of Land, 2 Separate Buildings with 8 Garage Spaces. Corner property on Mary Knoll Drive and Rosedale. Individual Laundry Room Producing Extra Income. Fully Occupied Long Term Tenants, Month-To-Month Lease. Walking Distance to Restaurants, Shops & Bus Stops. Right off the 215 FWY. Off of La Cadena Drive.

Last Agent to Sell the Property

Diana Hernandez

T.N.G. Real Estate Consultants License #01388581 Listed on: 12/15/2020

T.N.G. Real Estate Consultants

Last Buyer's Agent

Diana Hernandez

T.N.G. Real Estate Consultants License #01388581 Listed on: 12/15/2020

T.N.G. Real Estate Consultants

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 0.48 Acre Lot
  • Two or More Common Walls
  • Wrought Iron Fence
  • Density is 6-10 Units/Acre
  • 1167101040000

Parking

  • 8 Car Garage
  • Parking Available
  • Assigned Parking

Property Views

  • Mountain
  • Pool
  • Courtyard

Home Design

  • Property Attached
  • Slab Foundation

Interior Spaces

  • 6,232 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector
  • Laundry Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 5 Bathrooms

Accessible Home Design

  • Accessible Parking

Outdoor Features

  • In Ground Pool
  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Phone Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Tract Number 3371
  • Assessor Parcel Number 1167101030000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 8 Units
  • Foothills
  • Mountainous Community

Recreation

  • Park

Building Details

  • 8 Leased Units
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $565
  • Fuel Expense $1,700
  • Gardener Expense $840
  • Insurance Expense $2,253
  • Other Expense $700
  • Pool Expense $1,620
  • Trash Expense $1,560
  • Water Sewer Expense $2,400
  • New Taxes Expense $9,300
  • Operating Expense $20,238
  • Gross Income $250
  • Net Operating Income $62,262

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0.48 Acres

Parking

8

Listing Details

  • Assessments: No
  • CapRate: 5.00
  • Property Attached: Yes
  • Security: Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 2400.00
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 1167101030000
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate
  • Accessibility Features: Parking
  • Levels: Two
  • Price Per Square Foot: 188.54

Exterior Features

  • Foundation: Slab
  • View: Courtyard, Mountain(s), Pool
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Expense: 1620.00
  • Pool Features: Private, In Ground
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Electricity Connected, Phone Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 1560.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Foothills, Park, Mountainous, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Additional Parcels Description: 1167101040000
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 21000.00
  • Lot Size Acres: 0.4821

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Electric Expense: 565.00
  • Fuel Expense: 1700.00
  • Gross Income: 250.00
  • Gross Scheduled Income: 90900.00
  • Insurance Expense: 2253.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 250.00
  • Lot Size Area: 21000.0000 Square Feet
  • Net Operating Income: 62262.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 8
  • Number Of Units Total: 8
  • Operating Expense: 17085.00
  • Other Expense: 700.00
  • Other Expense Description: Mgr Cred
  • Rent Control: No
  • Total Actual Rent: 685088.00
  • Total Expenses: 20238.00

Tax Info

  • New Taxes Expense: 9300.00
  • Tax Census Tract: 40.04
  • Tax Tract Number: 3371

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2020
Closed on
Mar 12, 2021
Sold by
Gandhi Purnima
Bought by
Gandhi Sandeep
Seller's Agent
Diana Hernandez
T.N.G. Real Estate Consultants
Buyer's Agent
Diana Hernandez
T.N.G. Real Estate Consultants
List Price
$1,125,000
Sold Price
$1,175,000
Premium/Discount to List
$50,000
4.44%
Current Estimated Value
$1,147,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,333
Avg. Annual Appreciation
-0.48%

Purchase Details

Closed on
Jan 5, 2021
Sold by
Cegabi Properties Llc
Bought by
Gandhi Sandeep and Sureen Neeraj

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$713,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 2, 2012
Sold by
Proper Barker Linda R
Bought by
Cegabi Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
3.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 2001
Sold by
Hayes Gladys V
Bought by
Proper Hayes Gladys V and Proper Gladys V Hayes Separate
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
Gandhi Sandeep -- Fidelity Natl Ttl Orange Cnt
Gandhi Sandeep $1,175,000 Fidelity Natl Ttl Orange Cnt
Sureen Neeraj -- Fidelity Natl Ttl Orange Cnt
Cegabi Properties Llc $645,000 Priority Title
Proper Hayes Gladys V -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gandhi Sandeep $713,000
Previous Owner Cegabi Properties Llc $472,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2021 03/19/21 Sold $1,175,000 +4.4% $189 / Sq Ft
12/15/2020 12/15/20 For Sale $1,125,000 -- $181 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,944 $635,928 $189,425 $446,503
2024 $7,579 $623,459 $185,711 $437,748
2023 $7,600 $611,235 $182,070 $429,165
2022 $7,492 $599,250 $178,500 $420,750
2021 $4,796 $366,892 $76,223 $290,669
2020 $4,817 $363,130 $75,441 $287,689
2019 $4,687 $356,010 $73,962 $282,048
2018 $4,612 $349,030 $72,512 $276,518
2017 $4,451 $342,186 $71,090 $271,096
2016 $4,563 $335,476 $69,696 $265,780
2015 $4,419 $330,437 $68,649 $261,788
2014 $4,266 $323,964 $67,304 $256,660
Source: Public Records

Agents Affiliated with this Home

  • Diana Hernandez

    Seller's Agent in 2021

    Diana Hernandez

    T.N.G. Real Estate Consultants

    (626) 991-6677

    1 in this area

    14 Total Sales

    Diana Hernandez
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20258320

California Regional Multiple Listing Service (CRMLS)

APN: 1167-101-03

California San Bernardino County Colton 92324

2668 Rosedale Ave, Colton, CA

Not Listed for Sale

MultiFamily

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