NOT LISTED FOR SALE

35455 Yucaipa Blvd Yucaipa, CA 92399

Yucaipa Area
4 Beds
4 Baths
4,800 Sq Ft
0.34 Acre Lot

Sale Details

Date Sold: July 11, 2014

Last sale price $950,000 $198 Per Sq Ft

60 Days on Market

About This Home

As of July 2014

THIS IS AMAZING INVESTMENT OPPORTUNITY FOR INCOME PROPERTY! LOCATED IN UPPER YUCAIPA IN DESIRABLE RESIDENTIAL AREA! 12 UNITS ALL 1 BED 1 BATH UPDATED INCLUDED WITH FRIDGE, STOVE, A/C. FRONT AND BACK DOOR ENTRANCE ALL UNITS ARE RENTED OUT. THEY ARE BEING RENTED MONTH TO MONTH. THIS COMPLEX OFFERS IN LUSH MANICURED LANDSCAPE IN THE WONDERFUL COURT YARD! EACH UNIT HAS THEIR OWN METERS. LANDLORD PAYS FOR WATER. TENANT PAYS THEIR OWN ELECTRIC, GAS AND CABLE. THEIR IS COIN LAUNDRY FACILITY WHICH GENERATES MORE INCOME. THEIR IS A CARPORT WITH 8 SPACES AND 4 OUTSIDE PARKING SPACES. THIS WON'T LAST LONG AT THIS PRICE!

Last Agent to Sell the Property

Janine McBride

EXP REALTY OF SOUTHERN CA. INC License #01329464 Listed on: 04/04/2014

EXP REALTY OF SOUTHERN CA. INC

Last Buyer's Agent

Sandy Johnston

SANDY JOHNSTON BROKER License #01199991

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 15,000 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • 4,800 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 12 Parking Spaces
  • 8 Carport Spaces

Additional Features

  • Laundry Room
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 7
  • Tax Tract Number 73
  • Assessor Parcel Number 0322024260000

Community Details

Overview

  • No Home Owners Association
  • 12 Units

Amenities

  • Laundry Facilities

Building Details

  • 12 Leased Units
  • 12 Separate Electric Meters
  • 12 Separate Gas Meters
  • Electric Expense $600
  • Fuel Expense $600
  • Gardener Expense $660
  • Insurance Expense $1,080
  • Maintenance Expense $1,500
  • Trash Expense $1,200
  • Water Sewer Expense $7,980
  • New Taxes Expense $11,550
  • Operating Expense $25,170
  • Gross Income $7,550
  • Net Operating Income $65,430

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0.34 Acres

Listing Details

  • Assessments: Yes
  • CapRate: 6.23
  • Property Attached: Yes
  • Water Sewer Expenses: 7980.00
  • Property Type: Residential Income
  • Gardener Expense: 660.00
  • Parcel Number: 0322024260000
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 197.92

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 8.00
  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Trash Expense: 1200.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 15000.00
  • Lot Size Acres: 0.3440

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 650
  • Electric Expense: 600.00
  • Fuel Expense: 600.00
  • Gross Income: 7550.00
  • Gross Multiplier: 10.48
  • Gross Scheduled Income: 90600.00
  • Insurance Expense: 1080.00
  • Lot Size Area: 15000.0000 Square Feet
  • Maintenance Expense: 1500.00
  • Net Operating Income: 65430.00
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 12
  • Number Of Units Leased: 12
  • Number Of Units Total: 12
  • Number With Carpet: 12
  • Number With Range: 12
  • Number With Refrigerator: 12
  • Operating Expense: 25170.00
  • Rent Control: No
  • Total Actual Rent: 7550.00
  • Total Expenses: 25170.00

Tax Info

  • New Taxes Expense: 11550.00
  • Tax Lot: 7
  • Tax Tract Number: 73

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2024
Sold by
Keba Capital Llc
Bought by

Purchase Details

Closed on
Jun 30, 2017
Sold by
Magnus Investment Partners Llc
Bought by
Keba Capital Llc

Purchase Details

Listed on
Apr 4, 2014
Closed on
Jun 11, 2014
Sold by
Joseph Shomon L and Joseph Maria K
Bought by
Joseph Shomon L and Joseph Maria K
Seller's Agent
Janine McBride
EXP REALTY OF SOUTHERN CA. INC
Buyer's Agent
Sandy Johnston
SANDY JOHNSTON BROKER
List Price
$1,050,000
Sold Price
$950,000
Premium/Discount to List
-$100,000
-9.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Interest Rate
4.07%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 4, 2014
Closed on
Jun 6, 2014
Sold by
Joseph Shomon L and Joseph Maria K
Bought by
Magnus Investment Partners Llc
Seller's Agent
Janine McBride
EXP REALTY OF SOUTHERN CA. INC
Buyer's Agent
Sandy Johnston
SANDY JOHNSTON BROKER
List Price
$1,050,000
Sold Price
$950,000
Premium/Discount to List
-$100,000
-9.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Interest Rate
4.07%
Mortgage Type
Commercial

Purchase Details

Closed on
May 20, 2013
Sold by
Joseph Shomon L and Joseph Maria K
Bought by
Joseph Shomon L and Joseph Maria K

Purchase Details

Closed on
Jul 5, 1996
Sold by
Joseph Shomon L and Joseph Maria K
Bought by
Joseph Shomon L and Joseph Maria K
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
Keba Capital Llc $1,225,000 First American Title Ins Co
Joseph Shomon L -- Fidelity National Title Co
Magnus Investment Partners Llc $950,000 Fidelity National Title Co
Joseph Shomon L -- None Available
Joseph Shomon L -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $665,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/11/2014 07/11/14 Sold $950,000 -9.5% $198 / Sq Ft
06/03/2014 06/03/14 Pending -- -- --
04/04/2014 04/04/14 For Sale $1,050,000 -- $219 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $16,797 $1,421,718 $116,058 $1,305,660
2025 $16,797 $1,393,841 $113,782 $1,280,059
2024 $16,304 $1,366,511 $111,551 $1,254,960
2023 $16,240 $1,339,717 $109,364 $1,230,353
2022 $16,063 $1,313,448 $107,220 $1,206,228
2021 $15,868 $1,287,694 $105,118 $1,182,576
2020 $16,021 $1,274,490 $104,040 $1,170,450
2019 $15,608 $1,249,500 $102,000 $1,147,500
2018 $15,247 $1,225,000 $100,000 $1,125,000
2017 $12,338 $983,777 $46,600 $937,177
2016 $12,180 $964,487 $45,686 $918,801
2015 $12,057 $950,000 $45,000 $905,000
2014 $2,713 $173,339 $19,183 $154,156
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV14069370

California Regional Multiple Listing Service (CRMLS)

APN: 0322-024-26

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