NOT LISTED FOR SALE

284 Garnet Way Upland, CA 91786

9 Beds
4 Baths
4,097 Sq Ft
9,476 Sq Ft Lot

Last Sold November 16, 2016

Last sale price $835,000 $204 Per Sq Ft

119 Days on Market

Highlights

  • In Ground Pool
  • Cul-De-Sac
  • Laundry Room
  • Upland High School Rated A-
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

About This Home

As of November 2016

284 N. Garnet Way is a 5 unit apartment community located on a quiet cul-de-sac street and within walking distance to the Historic Downtown Upland and the Metro Link Station. This property offers investors the opportunity to acquire an asset with value-add potential in a strong, non-rent controlled market. Built on a 9,477 square foot parcel, the property features four (2 Bedroom + 1 Bathroom) units and one (3 Bedroom + 1 Bathroom). This unique community, features gated entrances, on-site laundry, a small pool, and covered parking for 5 vehicles. The Subject Property is located in the city of Upland on a safe, quiet street directly across from the Heritage Park Nursing Center, just west of Euclid Avenue and off 9th Street.

Last Listed By

Ignacio Diaz Jr

Investment Capital Real Estate License #01379930 Listed on: 08/23/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 9,476 Sq Ft Lot
  • Two or More Common Walls
  • Cul-De-Sac

Home Design

  • 4,097 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room

Parking

  • 5 Parking Spaces
  • 5 Carport Spaces
  • Parking Available
  • Assigned Parking

Pool

  • In Ground Pool
  • Fence Around Pool

Utilities

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

Listing and Financial Details

  • Tax Lot 21
  • Tax Tract Number 363
  • Assessor Parcel Number 1046363210000

Community Details

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $4,163
  • Gardener Expense $960
  • Insurance Expense $1,650
  • Pool Expense $1,560
  • Trash Expense $1,500
  • Water Sewer Expense $3,556
  • New Taxes Expense $10,044
  • Gross Income $5,410
  • Net Operating Income $41,355

Additional Features

  • 5 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Other Phone Description: 949201881
  • Property Attached: Yes
  • Water Sewer Expenses: 3556.00
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 1046363210000
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 203.81

Exterior Features

  • Pool Expense: 1560.00
  • Pool Features: Fenced, In Ground

Garage/Parking

  • Carport Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Trash Expense: 1500.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 9476.00
  • Price Per Lot Square Foot: 88.33

Multi Family

  • Electric Expense: 4163.00
  • Gross Income: 5410.00
  • Gross Multiplier: 13.26
  • Gross Scheduled Income: 63120.00
  • Insurance Expense: 1650.00
  • Net Operating Income: 41355.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 24008.00
  • Operating Expense Percent: 39.00
  • Rent Control: No
  • Vacancy Allowance: 1894
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 10044.00
  • Tax Lot: 21
  • Tax Tract Number: 363

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2016 11/16/16 Sold $835,000 -0.2% $204 / Sq Ft
09/02/2016 09/02/16 Pending -- -- --
09/02/2016 09/02/16 For Sale $837,000 +0.2% $204 / Sq Ft
08/04/2016 08/04/16 Off Market $835,000 -- --
05/06/2016 05/06/16 For Sale $837,000 -- $204 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP16096044

California Regional Multiple Listing Service (CRMLS)