NOT LISTED FOR SALE

3551 N G St San Bernardino, CA 92405

Arrowhead Neighborhood
13 Beds
10 Baths
8,424 Sq Ft
1956 Built

Last Sold March 17, 2017

Last sale price $1,020,000 $121 Per Sq Ft

3 Days on Market

Highlights

  • Lawn
  • Evaporated cooling system
  • Tile Flooring
  • No HOA
  • Laundry Room
  • Level Lot

About This Home

As of March 2017

This upscale 2 building apartments are nestled in the Northern part of San Bernardino, few miles from Cal State University of San Bernardino and beneath the Castaway restaurant. The two buildings are separated by a beautiful courtyard and plant settings. This 12 units apartment complex has a laundry room and a storage for maintenance. Each unit has an assigned cart port and storage. The exterior of both buildings and cart port were newly painted. The cart port has new roof. Some of the units were upgraded and remodeled with new tile and laminate.

Last Agent to Sell the Property

Anthony Hernandez

SOUTHLAND PROPERTIES & ASSOC. License #01196583 Listed on: 02/22/2017

Last Buyer's Agent

Marc Desbans

Marc Desbans, Broker License #01259510

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1956

Lot Details

  • 9,925 Sq Ft Lot
  • No Common Walls
  • Level Lot
  • Sprinkler System
  • Lawn
  • 0152-061-19-0000

Parking

  • 12 Car Garage
  • Parking Available
  • Assigned Parking

Interior Spaces

  • 8,424 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 10 Bathrooms

Utilities

  • Evaporated cooling system
  • Wall Furnace
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 12
  • Tax Tract Number 51
  • Assessor Parcel Number 0152061200000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 12 Units

Building Details

  • 12 Leased Units
  • 12 Separate Electric Meters
  • 12 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $1,000
  • Gardener Expense $1,440
  • Insurance Expense $3,500
  • Maintenance Expense $6,000
  • Other Expense $200
  • Professional Management Expense $5,000
  • Trash Expense $1,050
  • Water Sewer Expense $5,000
  • New Taxes Expense $12,362
  • Operating Expense $35,552
  • Gross Income $480
  • Net Operating Income $74,139

Property Details

Home Type

Apartment

Year Built

Built in 1956

Lot Details

0

Parking

12

Listing Details

  • CapRate: 7.50
  • Professional Management Expense: 5000.00
  • Property Attached: No
  • Water Sewer Expenses: 5000.00
  • Zoning: R
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1440.00
  • Parcel Number: 0152061200000
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: Ground Level
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Levels: Two
  • Price Per Square Foot: 121.08

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 12.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Cable Available, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 1050.00
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 0152-061-19-0000
  • Land Lease: No
  • Lot Features: Lawn, Level with Street, Sprinkler System
  • Lot Size Sq Ft: 9925.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Electric Expense: 1000.00
  • Gross Income: 480.00
  • Gross Operating Income: 109691.00
  • Gross Scheduled Income: 115464.00
  • Insurance Expense: 3500.00
  • Laundry Income: 480.00
  • Maintenance Expense: 6000.00
  • Net Operating Income: 74139.00
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 12
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 12
  • Number Of Units Total: 12
  • Operating Expense: 35552.00
  • Other Expense: 200.00
  • Other Expense Description: Gas
  • Rent Control: No
  • Total Actual Rent: 9622.00
  • Total Expenses: 35552.00
  • Vacancy Allowance: 5773
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 12362.00
  • Tax Census Tract: 51.00
  • Tax Lot: 12
  • Tax Tract Number: 51

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2017 03/17/17 Sold $1,020,000 +3.1% $121 / Sq Ft
02/25/2017 02/25/17 Pending -- -- --
02/22/2017 02/22/17 For Sale $989,000 -- $117 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    Anthony Hernandez

    SOUTHLAND PROPERTIES & ASSOC.

    (626) 422-7444

    7 Total Sales

    Anthony Hernandez
    Section Image

  • M

    Buyer's Agent in 2017

    Marc Desbans

    Marc Desbans, Broker

    (949) 509-1048

    Marc Desbans
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17036933

California Regional Multiple Listing Service (CRMLS)
California San Bernardino County San Bernardino 92405 Arrowhead

3551 N G St, San Bernardino, CA

This home is located at 3551 N G St, San Bernardino, CA 92405 since 22 February 2017. This property was built in 1956. 3551 N G St is a home located in San Bernardino County with nearby schools including Arrowhead Elementary School, Golden Valley Middle School, and San Bernardino High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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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