NOT LISTED FOR SALE
6 Beds
3 Baths
4,410 Sq Ft
0.36 Acres

Last Sold January 19, 2021

Last sale price $1,250,000 $283 Per Sq Ft

Highlights

  • No HOA
  • Cope Middle School Rated A-
  • Laundry Room

About This Home

As of January 2021

Valued added property in South Redlands. Premier location and close to downtown and the High School. Redlands HS is one of the highest-rated in
the state. Also close to the YMCA. Price of ownership and professionally maintained by a local contractor. All units have a garage and indoor laundry
hookups. When and the tenant moves out the owner has multiple applications.

Last Agent to Sell the Property

Avinash Narang

BRC Advisors BH License #01448548 Listed on: 01/21/2021

BRC Advisors BH

Last Buyer's Agent

Prashant Sampat

Pacific Avenue Realty License #01916221

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 0.36 Acre Lot
  • No Common Walls
  • Density is 6-10 Units/Acre

Parking

  • 6 Car Garage

Interior Spaces

  • 4,410 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Additional Features

  • Exterior Lighting
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 4456
  • Assessor Parcel Number 0171381360000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 6 Units

Building Details

  • 6 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $900
  • Gardener Expense $600
  • Insurance Expense $2,550
  • Maintenance Expense $5,179
  • Trash Expense $2,200
  • Water Sewer Expense $1,818
  • New Taxes Expense $10,345
  • Operating Expense $23,592
  • Gross Income $104,400
  • Net Operating Income $80,808

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Parking

6

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 1818.00
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 0171381360000
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 283.45

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Sewer Paid
  • Trash Expense: 2200.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 15600.00
  • Lot Size Acres: 0.3581

Multi Family

  • Average2 Bed Area: 711 Square Feet
  • Electric Expense: 900.00
  • Gross Income: 104400.00
  • Gross Operating Income: 104400.00
  • Gross Scheduled Income: 104400.00
  • Insurance Expense: 2550.00
  • Lot Size Area: 15600.0000 Square Feet
  • Maintenance Expense: 5179.00
  • Net Operating Income: 80808.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 23592.00
  • Rent Control: No
  • Total Actual Rent: 104400.00
  • Total Expenses: 23592.00

Tax Info

  • New Taxes Expense: 10345.00
  • Tax Census Tract: 82.00
  • Tax Lot: 1
  • Tax Tract Number: 4456

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

Property History

Date Event Price Change Sq Ft Price
01/21/2021 01/21/21 For Sale $1,250,000 0.0% $283 / Sq Ft
01/19/2021 01/19/21 Sold $1,250,000 +61.3% $283 / Sq Ft
01/19/2021 01/19/21 Pending -- -- --
04/26/2016 04/26/16 Sold $775,000 0.0% $176 / Sq Ft
02/12/2016 02/12/16 Pending -- -- --
01/28/2016 01/28/16 For Sale $775,000 -- $176 / 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: RS21014253

California Regional Multiple Listing Service (CRMLS)