Seller's Agent in 2022
Martha Diaz
RE/MAX One
(714) 437-7149
17 Total Sales
291 N 2nd Ave Upland, CA 91786
Upland Area
15
Beds
10
Baths
11,150
Sq Ft
5,880
Sq Ft Lot
About This Home
As of June 2022OUTSTANDING MIXED-USE- COMMERCIAL BUILDING, IN THE BEAUTIFUL HISTORIC DOWNTOWN UPLAND, LARGE ADJACENT PUBLIC PARKING LOT, CORNER BUILDING WITH EXCELLENT VISIBILITY, SUCCESSFUL BOTTOM FLOOR RETAIL TENANTS. FIRST LEVEL OFFER: Bar and Grill, Subway and Taco Bout. J.D. Allison Grill is an elevated American Cuisine in a friendly captivating ambiance, Rating 4.5 Stars, Subway is an American Fast Food Restaurant Franchise, Rating 3.9 Stars and Taco Bout has originality Mexican Food under Remodeling, Rating 5.0 Stars. SECOND LEBEL OFFERS: 8-Units apartments, 5 consisting in 2 bedrooms 1 bathroom and 3 consisting 1 bedroom and 1 bathroom. Because the location is one of the best in Downtown Upland, the property has always been well occupied in the ground floor retail and the 2nd floor apartment are always in demand. The Old Town District is the historic core and social heart or Upland. This part of Old Town is often the site of public events such as the weekly Farmer's Market and holiday fairs.
Tenants paid for Gas and Electricity, seller paid just Water.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1909
Lot Details
- 5,880 Sq Ft Lot
- Two or More Common Walls
- Density is 6-10 Units/Acre
Home Design
- Property Attached
Interior Spaces
- 11,150 Sq Ft Home
- 2-Story Property
- Leased Washer and Dryer
Bedrooms and Bathrooms
- 15 Bedrooms
- 10 Bathrooms
Additional Features
- Exterior Lighting
- Septic Type Unknown
Listing and Financial Details
- Tenant pays for electricity, gas, telephone
- Legal Lot and Block 1 / 37
- Tax Tract Number 903
- Assessor Parcel Number 1046402090000
Community Details
Building Details
- 11 Leased Units
- 13 Separate Electric Meters
- 11 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $78
- Insurance Expense $679
- Trash Expense $215
- Water Sewer Expense $340
- Operating Expense $11,312
- Gross Income $247,260
- Net Operating Income $197,991
Additional Features
- 11 Units
- Laundry Facilities
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 24, 2021
Closed on
Jun 17, 2022
Sold by
Bought by
Seller's Agent
Martha Diaz
RE/MAX One
Buyer's Agent
Jason Espinoza
Nest Real Estate
List Price
$4,100,000
Sold Price
$3,700,000
Premium/Discount to List
-$400,000
-9.76%
Purchase Details
Closed on
Jul 27, 2018
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,550,000
Interest Rate
4.5%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 16, 2004
Sold by
Bought by
Purchase Details
Closed on
Jul 3, 1996
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase 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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | First American Title | ||
| -- | First American Title | ||
| $3,700,000 | First American Title | ||
| $2,825,000 | North American Title Company | ||
| -- | -- | ||
| -- | -- |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $2,035,000 | ||
| Previous Owner | $25,000 | ||
| Previous Owner | $1,550,000 |
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 |
|---|---|---|---|---|
| 06/29/2022 06/29/22 | Sold | $3,700,000 | -2.6% | $332 / Sq Ft |
| 04/27/2022 04/27/22 | Pending | -- | -- | -- |
| 04/07/2022 04/07/22 | Price Changed | $3,800,000 | +2.7% | $341 / Sq Ft |
| 02/07/2022 02/07/22 | Price Changed | $3,700,000 | -7.5% | $332 / Sq Ft |
| 12/22/2021 12/22/21 | Price Changed | $4,000,000 | -2.4% | $359 / Sq Ft |
| 11/24/2021 11/24/21 | For Sale | $4,100,000 | -- | $368 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax 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.
| 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 |
|---|---|---|---|---|
| 2026 | $42,336 | $4,005,000 | $259,784 | $3,745,216 |
| 2025 | $42,336 | $3,926,470 | $254,690 | $3,671,780 |
| 2024 | $40,989 | $3,849,480 | $249,696 | $3,599,784 |
| 2023 | $40,392 | $3,774,000 | $244,800 | $3,529,200 |
| 2022 | $31,763 | $2,969,579 | $183,956 | $2,785,623 |
| 2021 | $31,753 | $2,911,352 | $180,349 | $2,731,003 |
| 2020 | $30,892 | $2,881,500 | $178,500 | $2,703,000 |
| 2019 | $7,321 | $659,708 | $247,391 | $412,317 |
| 2018 | $7,141 | $646,772 | $242,540 | $404,232 |
| 2017 | $6,936 | $634,090 | $237,784 | $396,306 |
| 2016 | $6,706 | $621,657 | $233,122 | $388,535 |
| 2015 | $6,553 | $612,319 | $229,620 | $382,699 |
| 2014 | $6,385 | $600,324 | $225,122 | $375,202 |
Source: Public Records
Agents Affiliated with this Home
-
Martha Diaz
-
Jason Espinoza
J
Buyer's Agent in 2022
Jason Espinoza
Nest Real Estate
(714) 619-0874
34 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW21254128
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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