T
Seller's Agent in 2024
Tony Burton
Burton Commercial, Inc.
(951) 375-7433
1 in this area
6 Total Sales
35162 Avenue E Yucaipa, CA 92399
Estimated Value: $943,000 - $1,172,000
6
Beds
4
Baths
4,000
Sq Ft
$275/Sq Ft
Est. Value
Highlights
- 0.61 Acre Lot
- Laundry Room
- 1-Story Property
About This Home
As of October 2024This offering is a rarity.
FOUR SEPARATE HOUSES ONE ONE LOT!!! The houses are:
Two houses that are 3 bedrooms, 2 baths.
One house that's 2 bedroom, 1 bath
One house that's 1 bedroom, 1 bath.
The 3 bed 2 bath houses have 2 car garages each. The other two units are space parking. The two 3 bedroom 2 bath houses were built in 2007.
The 2 bedroom 1 bath house, and the 1 bedroom 1 bath house, were totally updated in 1989. Each unit is separately metered with gas & electric, and tenants sign up for and pay for their own gas & electric bill. Landlord pays water and trash. This complex really performs! At market rents, it puts out $110,000 annually, a 10.45 Gross Rent Multiplier, an 8.04% Cap Rate, and a stunning double digit 12.93% Cash on Cash Return! You can view the income, expenses, and returns in the Marketing Package attached in Supplements. Also, in the Marketing Package attached, please see a very similar Sale Comp. We have a nearby sale, 4 units, with similar beds/beds/square footage, at 12690 7th Street in Yucaipa that sold on 10/13/23 for $1,365,000!!! WE WILL LOOK AT ALL OFFERS AND LETTERS OF INTENT. PLEASE DON'T HESITATE TO SEND OUT EITHER AND WE WILL RESPOND!! YOU CAN SIMPLY EMAIL A LETTER OF INTENT IF YOU'D LIKE AND THAT ONLY TAKES MINUTES! THANK YOU.
Last Agent to Sell the Property
Burton Commercial, Inc. Brokerage Phone: 951-375-7433 License #01014173 Listed on: 08/22/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2007
Lot Details
- 0.61 Acre Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Parking
- 4 Car Garage
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 4,000 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Additional Features
- Exterior Lighting
- Suburban Location
Listing and Financial Details
- Legal Lot and Block 164 / 164
- Tax Tract Number 164
- Assessor Parcel Number 0319093090000
- $1,943 per year additional tax assessments
Community Details
Overview
- 4 Buildings
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 14, 2025
Sold by
Stranger Dustin Arthur
Bought by
Stranger Dustin Arthur
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Outstanding Balance
$898,488
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$202,866
Purchase Details
Listed on
Aug 22, 2024
Closed on
Oct 17, 2024
Sold by
William John Morgan Separate Property Tr and Lantz Greg
Bought by
Stranger Dustin
Seller's Agent
Tony Burton
Burton Commercial, Inc.
Buyer's Agent
Sandy Johnston
SANDY JOHNSTON BROKER
List Price
$1,150,000
Sold Price
$1,150,000
Views
8
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.06%
Original Mortgage
$862,500
Interest Rate
6.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 2, 2013
Sold by
Lantz Greg
Bought by
Lantz Greg and Morgan William John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,850
Interest Rate
3.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 19, 2006
Sold by
Lantz Greg
Bought by
Lantz Greg and The William John Morgan Separa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,400
Interest Rate
6.46%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
May 4, 2006
Sold by
Lantz Kitty Xiaoling
Bought by
Lantz Greg
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,400
Interest Rate
6.46%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Dec 4, 2000
Sold by
Desjardins Sharon G
Bought by
Lantz Greg and Morgan William J
Purchase Details
Closed on
Mar 19, 1998
Sold by
Lantz Kitty
Bought by
Lantz Greg
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,614
Interest Rate
6.91%
Mortgage Type
Seller Take Back
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Stranger Dustin Arthur | -- | Corinthian Title | |
| Stranger Dustin | $1,150,000 | Wfg National Title | |
| Lantz Greg | -- | Spl Title Services | |
| Morgan William John | -- | Spl Title Services | |
| Lantz Greg | -- | Spl Title Services | |
| Lantz Greg | -- | Investors Title Co | |
| Lantz Greg | -- | Itc | |
| Lantz Greg | -- | Investors Title Co | |
| Morgan William J | -- | Investors Title Co | |
| Lantz Greg | -- | Commonwealth Land Title Co | |
| Lantz Greg | -- | Commonwealth Land Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Stranger Dustin Arthur | $900,000 | |
| Previous Owner | Stranger Dustin | $862,500 | |
| Previous Owner | Lantz Greg | $265,850 | |
| Previous Owner | Lantz Greg | $294,400 | |
| Previous Owner | Lantz Greg | $15,614 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/28/2024 10/28/24 | Sold | $1,150,000 | 0.0% | $288 / Sq Ft |
| 08/30/2024 08/30/24 | Off Market | $1,150,000 | -- | -- |
| 08/30/2024 08/30/24 | Pending | -- | -- | -- |
| 08/22/2024 08/22/24 | For Sale | $1,150,000 | -- | $288 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $15,116 | $1,150,000 | $345,000 | $805,000 |
| 2024 | $5,095 | $291,813 | $54,591 | $237,222 |
| 2023 | $4,804 | $286,092 | $53,521 | $232,571 |
| 2022 | $4,669 | $280,483 | $52,472 | $228,011 |
| 2021 | $4,560 | $274,983 | $51,443 | $223,540 |
| 2020 | $4,545 | $272,164 | $50,916 | $221,248 |
| 2019 | $4,184 | $266,828 | $49,918 | $216,910 |
| 2018 | $3,179 | $261,596 | $48,939 | $212,657 |
| 2017 | $3,110 | $256,466 | $47,979 | $208,487 |
| 2016 | $3,069 | $251,437 | $47,038 | $204,399 |
| 2015 | $3,037 | $247,660 | $46,331 | $201,329 |
| 2014 | $2,976 | $242,808 | $45,423 | $197,385 |
Source: Public Records
Agents Affiliated with this Home
-
Tony Burton
-
Sandy Johnston
Buyer's Agent in 2024
Sandy Johnston
SANDY JOHNSTON BROKER
(909) 556-8960
10 in this area
74 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SW24174571
APN: 0319-093-09
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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