NOT LISTED FOR SALE

Estimated Value: $984,874 - $1,121,000

6 Beds
4 Baths
2,304 Sq Ft
$450/Sq Ft Est. Value

Last Sold October 14, 2021

Last sale price $885,000 $384 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $6,584/month

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • J. Marion Roynon Elementary School Rated A-
  • Park
  • 1-minute walk to La Verne Sports Park

About This Home

As of October 2021

No hype or superlatives needed. 1977 one story construction on D Street across the street from Bonita High School. Two units with identical 5 room, 3 bedroom, 1 3/4 bath floorplans with individual private side and back yards with 4 garage and 4 open parking spaces. Each unit has their own 2 car garage and 2 open parking spaces. Centrally located across the street from Bonita High School, skate Park and adjacent Sports Park. Elementary School and University Of La Verne campus on the same street. Walking distance to stores and restaurants.

Last Agent to Sell the Property

John Aube

Amerigold Group License #01908755 Listed on: 08/31/2021

Last Buyer's Agent

John Aube

Amerigold Group License #01908755 Listed on: 08/31/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,939

Year Built

  • Built in 1977

Lot Details

  • 8,250 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Block Wall Fence
  • Back Yard

Parking

  • 4 Car Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Garage Door Opener
  • Parking Lot

Home Design

  • 2,304 Sq Ft Home
  • Duplex
  • Bungalow
  • Slab Foundation
  • Composition Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Natural Gas Connected

Additional Features

  • Free-Standing Range
  • Laundry Room
  • Rain Gutters
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 37
  • Tax Tract Number 28559
  • Assessor Parcel Number 8375002034
  • $619 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Recreation

  • Park

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $894
  • Maintenance Expense $1,800
  • Trash Expense $1,159
  • Water Sewer Expense $1,159
  • New Taxes Expense $3,478
  • Operating Expense $8,490
  • Gross Income $56,400
  • Net Operating Income $47,910

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,939

Year Built

Built in 1977

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • CapRate: 5.18
  • Inclusions: 2 freestanding oven/stove combination units. No seller warranty.
  • Other Phone Description: 3102650022
  • Price Per Unit: 462500
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Sewer Expenses: 1159.00
  • Zoning: LVPR15A*
  • Architectural Style: Bungalow
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 8375002034
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 384.11

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Block, Wood
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage, Garage Door Opener, On Site, Parking Space
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1159.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Park, Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 8250.00
  • Lot Size Acres: 0.1894

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 56400.00
  • Gross Multiplier: 16.40
  • Gross Scheduled Income: 56400.00
  • Insurance Expense: 894.00
  • Lot Size Area: 8250.0000 Square Feet
  • Maintenance Expense: 1800.00
  • Net Operating Income: 47910.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number Wall A C: 4
  • Number With Disposal: 2
  • Number With Drapes: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Operating Expense: 8490.00
  • Rent Control: Yes
  • Total Expenses: 8490.00

Tax Info

  • New Taxes Expense: 3478.00
  • Tax Census Tract: 4016.02
  • Tax Lot: 37
  • Tax Tract Number: 28559
  • TaxOtherAnnualAssessmentAmount: 619.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2021
Closed on
Oct 12, 2021
Sold by
Accredited La Verne Llc
Bought by
Jlm3b Llc
Seller's Agent
John Aube
Amerigold Group
Buyer's Agent
John Aube
Amerigold Group
List Price
$925,000
Sold Price
$885,000
Premium/Discount to List
-$40,000
-4.32%
Current Estimated Value
$1,035,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,969
Avg. Annual Appreciation
4.19%
Original Mortgage
$600,000
Outstanding Balance
$549,513
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$486,456

Purchase Details

Closed on
Aug 14, 2006
Sold by
Wickman Barry S and Barry S Wickman Trust Of 2006
Bought by
Accredited La Verne Llc

Purchase Details

Closed on
Jun 22, 2006
Sold by
Wickman Barry S and The Barry S Wickman Trust Of 2
Bought by
Accredited La Verne Llc

Purchase Details

Closed on
Nov 23, 2001
Sold by
Wickman Barry S
Bought by
Wickman Barry S and The Barry S Wickman Trust Of 1991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,500
Interest Rate
6.63%

Purchase Details

Closed on
Nov 19, 2001
Sold by
Wickman Barry S and Barry S Wickman Trust Of 1991
Bought by
Wickman Barry S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,500
Interest Rate
6.63%

Purchase Details

Closed on
Jan 30, 1996
Sold by
Wickman Barry S
Bought by
Wickman Barry S and Barry S Wickman Trust Of 1991

Purchase Details

Closed on
Jan 12, 1994
Sold by
Wickman Barry S
Bought by
Wickman Barry S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Interest Rate
7.16%
Source: Public Records

Range of Values:

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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
Jlm3b Llc $885,000 Chicago Title Company
Accredited La Verne Llc -- None Available
Wickman Barry S -- None Available
Wickman Barry S -- None Available
Accredited La Verne Llc -- None Available
Wickman Barry S -- --
Wickman Barry S -- First American Title Co
Wickman Barry S -- --
Wickman Barry S -- --
Wickman Barry S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jlm3b Llc $600,000
Previous Owner Wickman Barry S $102,500
Previous Owner Wickman Barry S $109,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2021 10/14/21 Sold $885,000 -4.3% $384 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
08/31/2021 08/31/21 For Sale $925,000 0.0% $401 / Sq Ft
08/01/2013 08/01/13 Rented $1,800 -2.7% --
07/25/2013 07/25/13 Under Contract -- -- --
06/14/2013 06/14/13 For Rent $1,850 +5.7% --
08/01/2012 08/01/12 Rented $1,750 -10.3% --
07/15/2012 07/15/12 Under Contract -- -- --
06/19/2012 06/19/12 For Rent $1,950 -- --
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 $10,939 $939,169 $673,867 $265,302
2024 $10,939 $920,754 $660,654 $260,100
2023 $10,696 $902,700 $647,700 $255,000
2022 $10,524 $885,000 $635,000 $250,000
2021 $3,535 $260,299 $55,177 $205,122
2019 $3,468 $252,581 $53,542 $199,039
2018 $3,216 $247,630 $52,493 $195,137
2016 $3,080 $238,015 $50,455 $187,560
2015 $3,033 $234,441 $49,698 $184,743
2014 $3,013 $229,850 $48,725 $181,125
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV21193065

California Regional Multiple Listing Service (CRMLS)

APN: 8375-002-034