NOT LISTED FOR SALE

329 N San Dimas Canyon Rd San Dimas, CA 91773

Estimated Value: $1,617,000 - $1,985,000

2 Beds
3 Baths
4,880 Sq Ft
$375/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $1,650,000 $338 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $11,732/month

20 Days on Market

Highlights

  • No HOA
  • 8 Car Direct Access Garage
  • Laundry Room
  • Fred Ekstrand Elementary School Rated A-
  • Galley Kitchen
  • Tile Flooring

About This Home

As of February 2022

Outstanding investment opportunity in prime location. 4 townhome style units each with spacious living accommodations, fireplaces, central HVAC, 2 bedrooms, 2.5 bathrooms, 2 car garage, laundry in units, and separate backyards. Individual electric meters. Owner currently pays water and trash plus a CAM fee. Call listing agent for additional information.

Last Agent to Sell the Property

Daniel Gushue

GUSHUE REAL ESTATE License #01769926 Listed on: 01/05/2022

Co-Listed By

David Gushue

GUSHUE REAL ESTATE License #00869260

Last Buyer's Agent

Marie Deukmajian

THE ASSOCIATES REALTY GROUP License #01092346

THE ASSOCIATES REALTY GROUP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,036

Year Built

  • Built in 1987

Lot Details

  • 0.34 Acre Lot
  • 1 Common Wall
  • Block Wall Fence
  • Flag Lot
  • Back Yard
  • Density is 2-5 Units/Acre

Parking

  • 8 Car Direct Access Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Two Garage Doors

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 4,880 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Galley Kitchen

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Suburban Location
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 3
  • Tax Tract Number 166
  • Assessor Parcel Number 8390012027
  • $1,752 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $1,200
  • Insurance Expense $4,000
  • Other Expense $10,000
  • Trash Expense $2,468
  • Water Sewer Expense $3,546
  • Operating Expense $21,214
  • Gross Income $90,000
  • Net Operating Income $70,786

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,036

Year Built

Built in 1987

Lot Details

0

Parking

8

Listing Details

  • CapRate: 4.00
  • Price Per Unit: 437500
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 3546.00
  • Zoning: SDMFD*
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 8390012027
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 338.11
  • Room Type: All Bedrooms Up, Galley Kitchen, Kitchen, Living Room, Master Bathroom

Exterior Features

  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage - Two Door
  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 2468.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Lot 10000-19999 Sqft, Flag Lot
  • Lot Size Sq Ft: 14992.00
  • Lot Size Acres: 0.3442

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 1220 Square Feet
  • Gross Income: 90000.00
  • Gross Multiplier: 19.50
  • Gross Operating Income: 90000.00
  • Gross Scheduled Income: 90000.00
  • Insurance Expense: 4000.00
  • Lot Size Area: 14992.0000 Square Feet
  • Net Operating Income: 70786.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Disposal: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Operating Expense: 21214.00
  • Other Expense: 10000.00
  • Other Expense Description: taxes
  • Rent Control: Yes
  • Total Expenses: 21214.00

Tax Info

  • Tax Census Tract: 4003.04
  • Tax Lot: 3
  • Tax Tract Number: 166-13
  • TaxOtherAnnualAssessmentAmount: 1752.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2022
Closed on
Feb 18, 2022
Sold by
Sullivan Family Trust
Bought by
Bahdi Yousef
Seller's Agent
Daniel Gushue
GUSHUE REAL ESTATE
Buyer's Agent
Marie Deukmajian
THE ASSOCIATES REALTY GROUP
List Price
$1,750,000
Sold Price
$1,650,000
Premium/Discount to List
-$100,000
-5.71%
Current Estimated Value
$1,831,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,517
Avg. Annual Appreciation
2.05%
Original Mortgage
$1,237,500
Outstanding Balance
$1,153,477
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$618,276

Purchase Details

Closed on
Nov 3, 2014
Sold by
Sullivan Dennis
Bought by
Sullivan Family Trust
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 Buyer Sale Price Title Company
Bahdi Yousef $1,650,000 Usa National Title
Bahdi Yousef $1,650,000 Usa National Title
Sullivan Family Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bahdi Yousef $1,237,500
Closed Bahdi Yousef $1,237,500
Previous Owner Sullivan Dennis $141,000
Previous Owner Sullivan Dennis $143,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $1,650,000 -5.7% $338 / Sq Ft
01/25/2022 01/25/22 Pending -- -- --
01/18/2022 01/18/22 For Sale $1,750,000 0.0% $359 / Sq Ft
01/13/2022 01/13/22 Pending -- -- --
01/05/2022 01/05/22 For Sale $1,750,000 -- $359 / 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 $21,036 $1,750,991 $438,278 $1,312,713
2024 $21,036 $1,716,659 $429,685 $1,286,974
2023 $20,573 $1,683,000 $421,260 $1,261,740
2022 $10,083 $739,345 $186,951 $552,394
2021 $9,869 $724,849 $183,286 $541,563
2019 $9,686 $703,350 $177,850 $525,500
2018 $9,114 $689,560 $174,363 $515,197
2016 $8,749 $662,787 $167,594 $495,193
2015 $8,619 $652,832 $165,077 $487,755
2014 $8,558 $640,045 $161,844 $478,201
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV22001965

California Regional Multiple Listing Service (CRMLS)

APN: 8390-012-027