NOT LISTED FOR SALE

35078 Beech Ave Yucaipa, CA 92399

Estimated Value: $639,000 - $705,000

4 Beds
3 Baths
1,532 Sq Ft
$432/Sq Ft Est. Value

Last Sold September 25, 2020

Last sale price $465,000 $304 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,079/month

11 Days on Market

Highlights

  • Golf Course Community
  • Hiking Trails
  • Park
  • Private Yard
  • Cooling System Mounted To A Wall/Window
  • Laundry Room

About This Home

As of September 2020

Excellent Investment Opportunity. This Triplex consists of 3 units, 2 of the units are 1 beds/1 baths, and a larger unit that consists of 2 beds/1 baths. The two-bedroom has recently been completely remodeled with a tasteful facelift, along with the bathroom and shower.
This multi-family has tremendous upside, allowing all rents to be increased!! Two long term tenants that want stay! Property is walking distance to nearby parks, shops, and restaurants. Great Investment that will make a great return on your money.

Last Agent to Sell the Property

Evan Balsis

Coldwell Banker Realty License #01966731 Listed on: 07/03/2020

Coldwell Banker Realty

Co-Listed By

Casey Lesher

Christie's International R.E. Southern California License #01795953

Last Buyer's Agent

Shane Thornton

Compass License #02091957

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,742

Year Built

  • Built in 1949

Lot Details

  • 7,500 Sq Ft Lot
  • 1 Common Wall
  • Private Yard
  • Density is 2-5 Units/Acre

Home Design

  • 1,532 Sq Ft Home
  • Triplex
  • Raised Foundation
  • Slab Foundation

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 15 / 40
  • Tax Tract Number 12
  • Assessor Parcel Number 0303251030000

Community Details

Overview

  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Recreation

  • Golf Course Community
  • Park
  • Hiking Trails

Building Details

  • 2 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $917
  • Operating Expense $3,200
  • Gross Income $29,400
  • Net Operating Income $26,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,742

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Assessments: Yes
  • Other Phone Number: 9499391885
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 0303251030000
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile, Vinyl
  • Levels: One
  • Price Per Square Foot: 303.52

Exterior Features

  • Foundation: Raised, Slab
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Golf, Hiking, Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Yard
  • Lot Size Sq Ft: 7500.00
  • Lot Size Acres: 0.1722

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 29400.00
  • Gross Scheduled Income: 29400.00
  • Insurance Expense: 917.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 250.00
  • Lot Size Area: 7500.0000 Square Feet
  • Net Operating Income: 26200.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Number Wall A C: 3
  • Number With Patio: 1
  • Operating Expense: 3200.00
  • Rent Control: No
  • Total Actual Rent: 29400.00
  • Total Expenses: 3200.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • Tax Block: 40
  • Tax Census Tract: 88.00
  • Tax Lot: 15
  • Tax Tract Number: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2020
Sold by
Mohr Steven L and Mohr Cammy Lamson
Bought by
Johnson Ashley N and Amey Wilbert D
Current Estimated Value
$662,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,823
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 10, 2014
Sold by
Mohr Steven L
Bought by
Mohr Steven L and Mohr Cammy Lamson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,750
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2012
Sold by
Pagel Mohr Erin
Bought by
Mohr Steven L

Purchase Details

Closed on
May 19, 2009
Sold by
Mohr Erin Lee Pagel
Bought by
Mohr Steven

Purchase Details

Closed on
May 8, 2009
Sold by
Bank Of New York
Bought by
Mohr Steven

Purchase Details

Closed on
Apr 30, 2008
Sold by
Lopez Salvador
Bought by
Bank Of New York and Cwalt Inc Alternative Loan Trust 2006-Oa

Purchase Details

Closed on
Feb 28, 2006
Sold by
Garcia Martin and Garcia Arminda
Bought by
Lopez Salvador

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
6.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 25, 1998
Sold by
Hud
Bought by
Garcia Martin and Garcia Arminda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,536
Interest Rate
6.6%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 8, 1997
Sold by
Cabrera Arthur J
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
May 13, 1997
Sold by
Countrywide Home Loans Inc
Bought by
Hud

Purchase Details

Closed on
Oct 25, 1995
Sold by
Jones George Gregory and Jones Yolanda Marie
Bought by
Cabrera Arthur J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,597
Interest Rate
7.36%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 28, 1995
Sold by
Bankers Trust Co
Bought by
Jones George Gregory and Jones Yolanda Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.71%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 30, 1994
Sold by
Figgins Chuck
Bought by
Bankers Trust Co and Greenwich Capital Acceptance Inc
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
Johnson Ashley N $465,000 Chicago Title Company
Mohr Steven L -- Equity Title Company
Mohr Steven L -- None Available
Mohr Steven -- Landsafe Title San Bernardin
Mohr Steven $93,500 Landsafe Title San Bernardin
Bank Of New York $252,832 Landsafe
Lopez Salvador $370,000 Equity Title Company
Garcia Martin $91,000 First American Title Ins Co
Countrywide Home Loans Inc $105,765 Landsafe Title
Hud -- Landsafe Title
Cabrera Arthur J $102,000 Fidelity National Title Ins
Jones George Gregory $48,500 Fidelity National Title Ins
Bankers Trust Co $96,391 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Ashley N $88,141
Open Johnson Ashley N $433,800
Previous Owner Johnson Ashley N $425,823
Previous Owner Mohr Steven L $152,750
Previous Owner Mohr Steven $330,000
Previous Owner Lopez Salvador $37,000
Previous Owner Lopez Salvador $296,000
Previous Owner Garcia Martin $263,500
Previous Owner Garcia Martin $194,400
Previous Owner Garcia Martin $120,967
Previous Owner Garcia Martin $92,536
Previous Owner Cabrera Arthur J $97,597
Previous Owner Jones George Gregory $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2020 09/25/20 Sold $465,000 +3.6% $304 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
07/03/2020 07/03/20 For Sale $449,000 -- $293 / 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 $5,742 $503,331 $129,892 $373,439
2024 $5,742 $493,462 $127,345 $366,117
2023 $5,717 $483,786 $124,848 $358,938
2022 $5,653 $474,300 $122,400 $351,900
2021 $5,582 $465,000 $120,000 $345,000
2020 $1,489 $109,922 $47,100 $62,822
2019 $1,454 $107,766 $46,176 $61,590
2018 $1,423 $105,653 $45,271 $60,382
2017 $1,395 $103,581 $44,383 $59,198
2016 $1,378 $101,550 $43,513 $58,037
2015 $1,365 $100,024 $42,859 $57,165
2014 $1,340 $98,064 $42,019 $56,045
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20118048

California Regional Multiple Listing Service (CRMLS)

APN: 0303-251-03