NOT LISTED FOR SALE

2879 State St A - E San Bernardino, CA 92405

Muscoy Area

Estimated Value: $708,000 - $1,421,000

18 Beds
10 Baths
6,249 Sq Ft
$176/Sq Ft Est. Value

Sale Details

Date Sold: March 22, 2021

Last sale price $900,000 $144 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $7,075 / mo

1 Day on Market

Highlights

  • Horse Property
  • No Units Above
  • Bonus Room
  • Horse Property Unimproved
  • 1 Acre Lot
  • No HOA

About This Home

As of March 2021

4 Amazing Units for Sale.1 ACRE LOT Enjoy HUGE Cash Flow $8200.00 monthly Rents! There is Room to Add More Units on this Huge Lot!! **With 18 Bedrooms and 10 Baths.. Possibilities Are Endless!! ((((Great Income Property)))))) ... > This is a Once in a Lifetime opportunity. ** PROPERTY IS ALSO A HORSE PROPERTY: THE SKY IS THE LIMIT. BRING YOUR INVESTOR THINKING CAP.

Last Agent to Sell the Property

Luis Zapata

Re/Max Champions License #02076099 Listed on: 09/30/2020

Re/Max Champions

Last Buyer's Agent

Luis Zapata

Re/Max Champions License #02076099 Listed on: 09/30/2020

Re/Max Champions

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930 | Remodeled

Lot Details

  • 1 Acre Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Back and Front Yard
  • Density is 11-15 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • Quadruplex
  • Composition Roof
  • Stucco

Interior Spaces

  • 6,249 Sq Ft Home
  • 1-Story Property
  • Bonus Room
  • Laundry in unit

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 10 Bathrooms

Additional Features

  • Horse Property
  • Suburban Location
  • Agricultural
  • Horse Property Unimproved
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 155
  • Tax Tract Number 2258
  • Assessor Parcel Number 0268101060000

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Trash Expense $3,000
  • Water Sewer Expense $3,000
  • New Taxes Expense $11,500
  • Operating Expense $18,000
  • Gross Income $98,400
  • Net Operating Income $80,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1930 | Remodeled

Lot Details

1 Acres

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 3000.00
  • Zoning: MS/SD-COM
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 0268101060000
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Levels: One
  • Price Per Square Foot: 144.02
  • Room Type: Bonus Room

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 14.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Septic Type Unknown
  • Trash Expense: 3000.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre, Agricultural, Back Yard, Front Yard, Horse Property, Horse Property Unimproved, Lot Over 40000 Sqft
  • Lot Size Sq Ft: 43560.00
  • Lot Size Acres: 1.0000

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 98400.00
  • Gross Scheduled Income: 98400.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 43560.0000 Square Feet
  • Net Operating Income: 80400.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 18000.00
  • Rent Control: No
  • Total Actual Rent: 8200.00
  • Total Expenses: 18000.00

Tax Info

  • New Taxes Expense: 11500.00
  • Tax Census Tract: 41.04
  • Tax Lot: 155
  • Tax Tract Number: 2258

Range of Values:

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Value Increase
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Percent Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/22/2021 03/22/21 Sold $900,000 -30.8% $144 / Sq Ft
10/29/2020 10/29/20 For Sale $1,300,000 0.0% $208 / Sq Ft
10/01/2020 10/01/20 Pending -- -- --
09/30/2020 09/30/20 For Sale $1,300,000 -- $208 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR20203509

California Regional Multiple Listing Service (CRMLS)
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