NOT LISTED FOR SALE

Estimated Value: $667,000 - $752,000

4 Beds
4 Baths
2,856 Sq Ft
$250/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $618,000 $216 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,560/month

71 Days on Market

Highlights

  • Laundry Room
  • Mountainous Community
  • Attached Carport

About This Home

As of September 2022

We are pleased to present 2991 Loma Avenue, located in beautiful San Bernardino. This great 4-plex investment opportunity was built in 1987 and features four 1 bed/1 bath units. The building is 2,856 square feet and sits on a 6,743 square foot lot. Loma is located near the 210 freeway and offers great airport access as well which makes it an ideal spot for commuters.

Last Agent to Sell the Property

Stephen Takahashi

Lyon Stahl Investment Real Estate, Inc. License #01944770 Listed on: 07/06/2022

Lyon Stahl Investment Real Estate, Inc.

Co-Listed By

Johnnie Stiegler

Lyon Stahl Investment Real Estate, Inc. License #01981597

Last Buyer's Agent

ERIKA ORTUNO

CENTURY 21 REALTY MASTERS License #01469697

CENTURY 21 REALTY MASTERS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,813

Year Built

  • Built in 1987

Lot Details

  • 6,743 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage
  • Attached Carport
  • Parking Available
  • Driveway Level

Home Design

  • 2,856 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • Laundry Room
  • Septic Type Unknown

Listing and Financial Details

  • Legal Lot and Block 14 / 2
  • Assessor Parcel Number 0155161100000
  • $586 per year additional tax assessments

Community Details

Overview

  • 4 Units
  • Mountainous Community

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $900
  • Fuel Expense $900
  • Gardener Expense $1,200
  • Insurance Expense $2,697
  • Maintenance Expense $1,684
  • Trash Expense $900
  • Water Sewer Expense $900
  • New Taxes Expense $7,813
  • Operating Expense $16,994
  • Gross Income $42,108
  • Net Operating Income $23,009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,813

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: Agent Cell
  • Other Phone Number: 443-994-1766
  • Price Per Unit: 156250
  • Property Attached: Yes
  • Water Sewer Expenses: 900.00
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 0155161100000
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 216.39

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Attached Carport, Covered, Concrete, Driveway Level
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Sewer: Unknown
  • Trash Expense: 900.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Mountainous

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6743.00
  • Lot Size Acres: 0.1548

Multi Family

  • Electric Expense: 900.00
  • Fuel Expense: 900.00
  • Gross Income: 42108.00
  • Gross Operating Income: 40003.00
  • Gross Scheduled Income: 42108.00
  • Insurance Expense: 2697.00
  • Lot Size Area: 6743.0000 Square Feet
  • Maintenance Expense: 1684.00
  • Maintenance Percent: 4.00
  • Net Operating Income: 23009.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 16994.00
  • Operating Expense Percent: 40.00
  • Rent Control: No
  • Total Expenses: 16994.00
  • Vacancy Allowance: 2105
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 7813.00
  • Tax Block: 2
  • Tax Census Tract: 62.03
  • Tax Lot: 14
  • Tax Annual Amount: 7813.00
  • TaxOtherAnnualAssessmentAmount: 585.88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2022
Sold by
Ortuno Erika
Bought by
Mariposas Kamze Llc
Current Estimated Value
$714,427

Purchase Details

Listed on
Jul 6, 2022
Closed on
Sep 26, 2022
Sold by
Ksr Sb Llc
Bought by
Ortuno Erika
Seller's Agent
Stephen Takahashi
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
ERIKA ORTUNO
CENTURY 21 REALTY MASTERS
List Price
$625,000
Sold Price
$618,000
Premium/Discount to List
-$7,000
-1.12%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.43%
Original Mortgage
$463,500
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2022
Sold by
Ksr San Bernardino Llc
Bought by
Ksr Sb Llc

Purchase Details

Closed on
Dec 30, 2021
Sold by
Skkr Llc
Bought by
Ksr San Bernardino Llc

Purchase Details

Closed on
Jan 25, 2010
Sold by
Galendez Honorato M and Galendez Herosfina C
Bought by
Skkr Llc

Purchase Details

Closed on
Jun 21, 2006
Sold by
Yadao Inocencio Yapit and Yadao Milagros Nilda
Bought by
Galendez Honorato M and Galendez Herosfina C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
3%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 28, 2004
Sold by
Walls Donell and Williams Dani N
Bought by
Yadao Inocencio Yapit and Yadao Milagros Nilda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 2004
Sold by
Williams Dani N
Bought by
Walls Donell and Williams Dani N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2003
Sold by
Walls Donell
Bought by
Williams Dani N

Purchase Details

Closed on
Apr 24, 2003
Sold by
Rathsam Kerry Lee and Rathsam Cathryn Gwenn
Bought by
Walls Donell and Williams Dani N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,002
Interest Rate
5.15%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mariposas Kamze Llc -- Accommodation/Courtesy Recordi
Ortuno Erika $618,000 Fidelity National Title
Ksr Sb Llc -- None Listed On Document
Ksr San Bernardino Llc -- None Listed On Document
Skkr Llc $126,000 None Available
Galendez Honorato M $470,000 Stewart Title
Yadao Inocencio Yapit $290,000 Gateway Title
Walls Donell -- Gateway Title
Williams Dani N -- Stewart Title Of Ca
Walls Donell $194,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ortuno Erika $463,500
Previous Owner Galendez Honorato M $376,000
Previous Owner Yadao Inocencio Yapit $372,000
Previous Owner Yadao Inocencio Yapit $261,000
Previous Owner Walls Donell $191,002
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $618,000 -1.1% $216 / Sq Ft
09/15/2022 09/15/22 Pending -- -- --
07/06/2022 07/06/22 For Sale $625,000 -- $219 / 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
2025 $8,003 $642,967 $192,474 $450,493
2024 $8,003 $630,360 $188,700 $441,660
2023 $7,804 $618,000 $185,000 $433,000
2022 $2,016 $145,966 $24,329 $121,637
2021 $2,017 $143,104 $23,852 $119,252
2020 $2,020 $141,636 $23,607 $118,029
2019 $1,962 $138,859 $23,144 $115,715
2018 $1,941 $136,136 $22,690 $113,446
2017 $1,881 $133,467 $22,245 $111,222
2016 $2,925 $130,850 $21,809 $109,041
2015 $1,708 $128,884 $21,481 $107,403
2014 $1,661 $126,359 $21,060 $105,299
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22130469

California Regional Multiple Listing Service (CRMLS)

APN: 0155-161-10