NOT LISTED FOR SALE

35464 Yucaipa Blvd Yucaipa, CA 92399

Estimated Value: $693,052 - $979,000

4 Beds
2 Baths
1,600 Sq Ft
$500/Sq Ft Est. Value

Last Sold December 15, 2021

Last sale price $683,000 $427 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,889/month

19 Days on Market

Highlights

  • Golf Course Community
  • Mountain View
  • Laundry Room
  • Fishing
  • Hiking Trails
  • French Doors

About This Home

As of December 2021

This rare opportunity to find a turnkey multifamily duplex in the highly sought after area of Uptown Yucaipa. Current owner has taken pride in remodeling each unit and improving the building and grounds over the 11+ years of ownership. In 2010, a new fence was added to create a separate and private yard/entrance for each unit. New garage doors were also installed with automatic openers and central AC and heat for each unit which has been serviced anually. The roof was reroofed in 2015 and includes Owens Corning Limited Lifetime Warranty and still under 8 year limited workmanship warranty. The interiors were tastefully remodled in 2018 to include new doors, trim, crown molding, can lighting and upgraded electrical. The plumbing was completely repiped to both units in 2019 along with 40ft of new sewer main and 3 cleanout boxes. A new alumawood patio cover with a concrete patio was added in 2019 for the front unit along with new door and window trim and fascia boards. Both water heaters have newly been replaced and are less than 2 years old. Low maintenance grounds include drip lines to drought tolerant plants in side yard with automatic sprinklers for the grass in each yard.

These turnkey units historically have little turnover and have always leased quickly when there is an opening due to the desireable location and amenities. Each unit includes 2bd/1ba with 800 square feet, mirrored open floor plans and separate garages with laundry hookups and access from Yucaipa Blvd or the rear alley. Nestled in the foothills of Yucaipa in a quiet desirable area of town, walking distance to Flag Hill Park and Historic Uptown Yucaipa restaurants, eateries, and boutique shopping. This investment property has everything an owner (and tenant) could ask for and is perfectly suited for low maintenance ownership and long term leasing, an investor dream!

Last Agent to Sell the Property

BETHANY SLOAN

ALTA REALTY GROUP CA, INC. License #02050595 Listed on: 10/19/2021

ALTA REALTY GROUP CA, INC.

Last Buyer's Agent

Amy Balsz

First Team Real Estate License #01945597

First Team Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,284

Year Built

  • Built in 1971

Lot Details

  • 7,500 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • Fenced
  • New Fence
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Rear-Facing Garage

Home Design

  • Duplex
  • Turnkey
  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • French Doors
  • Mountain Views

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 17 / 72
  • Tax Tract Number 72
  • Assessor Parcel Number 0322023050000
  • $2,350 per year additional tax assessments

Community Details

Overview

  • 2 Units
  • Foothills

Recreation

  • Golf Course Community
  • Fishing
  • Park
  • Hiking Trails
  • Bike Trail

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,800
  • Insurance Expense $744
  • Trash Expense $650
  • Water Sewer Expense $1,800
  • Operating Expense $4,994
  • Gross Income $40,800
  • Net Operating Income $35,806

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,284

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: 9094359581
  • Price Per Unit: 342500
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Paved
  • View: Yes
  • Water Sewer Expenses: 1800.00
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1800.00
  • Parcel Number: 0322023050000
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Door Features: French Doors
  • Levels: One
  • Price Per Square Foot: 426.88

Exterior Features

  • Foundation: Slab
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: New Condition
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Paved, Garage Faces Rear
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Water Heater
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 650.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Fishing, Foothills, Golf, Hiking, Park, Suburban

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7500.00
  • Lot Size Acres: 0.1722

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 40800.00
  • Gross Scheduled Income: 40800.00
  • Insurance Expense: 744.00
  • Lot Size Area: 7500.0000 Square Feet
  • Net Operating Income: 35806.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Operating Expense: 4994.00
  • Rent Control: No
  • Total Actual Rent: 3200.00
  • Total Expenses: 4994.00

Tax Info

  • Tax Block: 72
  • Tax Census Tract: 88.00
  • Tax Lot: 17
  • Tax Rate: 1.18
  • Tax Tract Number: 72
  • TaxOtherAnnualAssessmentAmount: 2350.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2024
Sold by
Jones Thomas Martin and Jones Karen Melissa
Bought by
Thomas And Karen Jones Revocable Trust and Jones
Current Estimated Value
$800,763

Purchase Details

Listed on
Oct 19, 2021
Closed on
Nov 17, 2021
Sold by
Sloan Bethany
Bought by
Jones Thomas Martin and Jones Karen Melissa
Seller's Agent
BETHANY SLOAN
ALTA REALTY GROUP CA, INC.
Buyer's Agent
Amy Balsz
First Team Real Estate
List Price
$695,000
Sold Price
$683,000
Premium/Discount to List
-$12,000
-1.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.20%

Purchase Details

Closed on
Feb 14, 2013
Sold by
Sloan Keith
Bought by
Sloan Bethany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,250
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2010
Sold by
Coleman Robin B
Bought by
Sloan Keith and Sloan Bethany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2008
Sold by
Bank Of New York
Bought by
Coleman Robin and Coleman Elaine

Purchase Details

Closed on
Nov 28, 2007
Sold by
Laurie Brian W
Bought by
Bank Of New York and The Certificateholders Cwalt Inc Alterna

Purchase Details

Closed on
Sep 8, 2004
Sold by
Laurie Brian W
Bought by
Laurie Kristine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,500
Interest Rate
7.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2004
Sold by
Laurie Kristine
Bought by
Laurie Brian W and Laurie Kristine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,500
Interest Rate
7.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2002
Sold by
Laurie Brian
Bought by
Laurie Kristine

Purchase Details

Closed on
Jan 2, 1997
Sold by
Lyon Larry D
Bought by
Laurie Brian W and Laurie Kristine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,700
Interest Rate
7.62%

Purchase Details

Closed on
Dec 17, 1993
Sold by
L N Management Co Inc
Bought by
Lyon Larry
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
Thomas And Karen Jones Revocable Trust -- None Listed On Document
Jones Thomas Martin $685,000 Stewart Title Of Ca Inc
Sloan Bethany -- Nations Title Company
Sloan Keith $160,000 Nations Title Of Ca-Colton
Coleman Robin $176,000 Landsafe Title
Bank Of New York $259,658 Landsafe
Laurie Kristine -- --
Laurie Brian W -- Diversified Title & Escrow
Laurie Kristine -- Stewart Title Of Ca Inc
Laurie Brian W $93,000 First American Title Ins Co
Lyon Larry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sloan Bethany $137,250
Previous Owner Sloan Keith $120,000
Previous Owner Laurie Brian W $229,500
Previous Owner Laurie Brian W $83,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2021 12/15/21 Sold $683,000 -0.3% $427 / Sq Ft
11/08/2021 11/08/21 Pending -- -- --
11/02/2021 11/02/21 Price Changed $685,000 -1.4% $428 / Sq Ft
10/19/2021 10/19/21 Price Changed $695,000 0.0% $434 / Sq Ft
10/19/2021 10/19/21 For Sale $695,000 -- $434 / 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 $8,284 $726,928 $106,121 $620,807
2024 $8,284 $712,674 $104,040 $608,634
2023 $8,251 $698,700 $102,000 $596,700
2022 $2,380 $685,000 $100,000 $585,000
2021 $2,351 $189,376 $47,344 $142,032
2020 $2,373 $187,435 $46,859 $140,576
2019 $2,313 $183,760 $45,940 $137,820
2018 $2,260 $180,157 $45,039 $135,118
2017 $2,212 $176,625 $44,156 $132,469
2016 $2,184 $173,162 $43,290 $129,872
2015 $2,161 $170,561 $42,640 $127,921
2014 $2,120 $167,220 $41,805 $125,415
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV21229952

California Regional Multiple Listing Service (CRMLS)

APN: 0322-023-05