Seller's Agent in 2022
Mark Bridge
Mark Bridge, Broker
(949) 419-3200
1 in this area
50 Total Sales
388 N 11th Ave Upland, CA 91786
8
Beds
5
Baths
6,590
Sq Ft
0.4
Acres
Highlights
- View of Hills
- No HOA
- Laundry Room
- Upland High School Rated A-
- Cooling System Mounted To A Wall/Window
- Heating System Uses Natural Gas
About This Home
As of April 2022376-388 N 11th Ave is a seven unit complex located in beautiful Upland, California. Built in 1924, 1964, and 1990 this property has been nicely maintained and proactively managed by present ownership. There are three separate buildings consisting of one single family detached home that is 4 bed and 2 bath, a duplex that contains two 2 bed and 1 bath units, and a four unit building that has four 2 bed and 1.5 bath townhouse style units. The buildings are situated on one parcel totaling .40 acres. The asset is well landscaped with a nice side courtyard. Parking is ample for the residents and guests with assigned carport, Garages and plenty of street parking.
The subject property is located on a corner lot just a half a mile south of the recently renovated/expanded San Antonio Hospital. It is also within walking distance of the World Famous Route 66 / Foothill Blvd and just north of the 10 & south of the 210 Freeways, which allows the tenants to connect with the greater Southern California area and beyond. This offering provides an investor the opportunity to acquire a well-maintained apartment property with tremendous rental upside. Investors can take advantage of the attractive financing. The neighborhood has convenient access to a wide variety of activities, transportation driver in the continued growth at the 11th Street Property in Upland, California.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 0.4 Acre Lot
- 1 Common Wall
- Density is 6-10 Units/Acre
Property Views
- Hills
- Neighborhood
- Courtyard
Home Design
- Property Attached
- Raised Foundation
- Slab Foundation
- Shingle Roof
- Composition Roof
Interior Spaces
- 6,590 Sq Ft Home
- 2-Story Property
Kitchen
- Gas Cooktop
- Disposal
Bedrooms and Bathrooms
- 8 Bedrooms
- 5 Bathrooms
Laundry
- Laundry Room
- 220 Volts In Laundry
Parking
- 8 Open Parking Spaces
- 15 Parking Spaces
- 7 Carport Spaces
- Parking Available
- Assigned Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Uses Natural Gas
- Natural Gas Connected
- Gas Water Heater
- Cable TV Available
Additional Features
- Rain Gutters
- Suburban Location
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, telephone
- Tax Lot 1046
- Tax Tract Number 474
- Assessor Parcel Number 1046474040000
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 7 Units
Amenities
- Laundry Facilities
Building Details
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $360
- Fuel Expense $156
- Gardener Expense $1,200
- Insurance Expense $2,500
- Maintenance Expense $3,500
- Pest Control $900
- Trash Expense $2,160
- Water Sewer Expense $3,600
- New Taxes Expense $21,657
- Operating Expense $36,033
- Gross Income $114,804
- Net Operating Income $75,363
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/01/2022 04/01/22 | Sold | $2,060,000 | +7.0% | $313 / Sq Ft |
| 01/26/2022 01/26/22 | Pending | -- | -- | -- |
| 01/20/2022 01/20/22 | For Sale | $1,925,000 | -- | $292 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Mark Bridge
-
Eric Chen
Buyer's Agent in 2022
Eric Chen
CB RICHARD ELLIS
(909) 418-2030
1 in this area
57 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC22012253
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