$2,000,000
SOLD OCT 7, 2024

32367 Dunlap Blvd Yucaipa, CA 92399

7 Beds
6 Baths
5,920 Sq Ft
1.07 Acres

Recently Sold

$338 Per Sq Ft

17% Below List Price

294 Days on Market

Highlights

  • 1.07 Acre Lot
  • No HOA
  • Bike Trail
  • Near a National Forest
  • Laundry Room
  • 1-Story Property

About This Home

As of October 2024

We are excited to offer this first to market opportunity in over 20 years for an 8 unit multi-family property with additional land for development. Strong Unit Mix with One - 3 Bedroom 2 bath House, four - 2 bedroom 2 bathroom cottages, One - one bedroom one bath cottage and a duplex with two - 1 bedroom 1 bath units. Most of the units have new roofs, upgraded interiors and electrical panels. The additional land could be converted into an auto sales lot, equipment rental and many other uses with a CUP. Please contact the listing agent today for more information or to schedule a tour of the property.

Last Agent to Sell the Property

Tony Guglielmo

ALLIED COMMERCIAL REAL ESTATE Brokerage Phone: 909-456-6133 License #01301532 Listed on: 10/17/2023

Last Buyer's Agent

Tony Guglielmo

ALLIED COMMERCIAL REAL ESTATE Brokerage Phone: 909-456-6133 License #01301532 Listed on: 10/17/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,137

Year Built

  • Built in 1946

Lot Details

  • 1.07 Acre Lot
  • 1 Common Wall
  • 0301182160000
  • Value in Land

Home Design

  • Property Attached

Interior Spaces

  • 5,920 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Tract Number 22
  • Assessor Parcel Number 0301182170000
  • $407 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 7 Buildings
  • 8 Units
  • Near a National Forest
  • Foothills
  • Mountainous Community

Recreation

  • Bike Trail

Building Details

  • 8 Leased Units
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $3,600
  • Insurance Expense $6,500
  • Other Expense $2,400
  • Trash Expense $3,300
  • Water Sewer Expense $3,180
  • New Taxes Expense $29,170
  • Operating Expense $48,150
  • Gross Income $141,600
  • Net Operating Income $93,450

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,137

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Price Per Unit: 275000
  • Property Attached: Yes
  • Water Sewer Expenses: 3180.00
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Gardener Expense: 3600.00
  • Parcel Number: 0301182170000
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: Dunlap Blvd
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 337.84

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer, Septic Type Unknown
  • Trash Expense: 3300.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Blm/National Forest, Foothills, Mountainous

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 0301182160000
  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft, Value In Land
  • Lot Size Sq Ft: 46609.00
  • Lot Size Acres: 1.0700

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 141600.00
  • Gross Scheduled Income: 141600.00
  • Insurance Expense: 6500.00
  • Lot Size Area: 46609.0000 Square Feet
  • Net Operating Income: 93450.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 8
  • Number Of Units Total: 8
  • Operating Expense: 48150.00
  • Other Expense: 2400.00
  • Other Expense Description: Misc Rep
  • Rent Control: No
  • Total Actual Rent: 11800.00
  • Total Expenses: 48150.00

Tax Info

  • New Taxes Expense: 29170.00
  • Tax Census Tract: 87.05
  • Tax Lot: 00
  • Tax Tract Number: 22-062
  • TaxOtherAnnualAssessmentAmount: 407.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2024
Sold by
Todorut Elena
Bought by
Arrowhead Property Group Llc
Total Days on Market
294
Current Estimated Value
$656,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.46%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 6, 2002
Sold by
Hammons Ruth E and Stockton Carey P
Bought by
Todorut Elena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.83%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $2,000,000 Fidelity National Title
Grant Deed $122,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,000,000 Seller Take Back
Previous Owner $200,000 Fannie Mae Freddie Mac
Previous Owner $170,000 Unknown
Previous Owner $85,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2024 10/07/24 Sold $2,000,000 -9.1% $338 / Sq Ft
08/06/2024 08/06/24 Pending -- -- --
03/28/2024 03/28/24 Price Changed $2,200,000 -8.3% $372 / Sq Ft
10/17/2023 10/17/23 For Sale $2,400,000 -- $405 / 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
2024 $2,137 $176,702 $84,005 $92,697
2023 $2,128 $173,237 $82,358 $90,879
2022 $2,106 $169,840 $80,743 $89,097
2021 $2,080 $166,510 $79,160 $87,350
2020 $2,100 $164,802 $78,348 $86,454
2019 $2,047 $161,571 $76,812 $84,759
2018 $2,000 $158,403 $75,306 $83,097
2017 $1,958 $155,297 $73,829 $81,468
2016 $1,933 $152,252 $72,381 $79,871
2015 $1,914 $149,965 $71,294 $78,671
2014 $1,877 $147,027 $69,897 $77,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV23193793

California Regional Multiple Listing Service (CRMLS)

APN: 0301-182-17