NOT LISTED FOR SALE

4120 Sepulveda Ave San Bernardino, CA 92404

Wildwood Park Neighborhood
1 Bed
1 Bath
22,773 Sq Ft
1.21 Acres

Last Sold July 12, 2018

Last sale price $3,850,000 $169 Per Sq Ft

19 Days on Market

Highlights

  • Active Adult
  • 52,707 Sq Ft lot
  • Landscaped
  • Gated Community
  • Laundry Room
  • Wrought Iron Fence

About This Home

As of July 2018

Wonderful 43 unit recently remodeled 55+ senior apartment complex that is section 8 approved. All units are currently 100% rented and can be converted to a non-senior complex. Community boasts gated entrance and parking beautiful central courtyard and conveniently located close to Cal State San Bernardino.

Last Agent to Sell the Property

Grace Santiago

Realty Source, Inc License #01461855 Listed on: 02/27/2018

Last Buyer's Agent

Justin Tye

Active Realty License #01728694

Active Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 1.21 Acre Lot
  • Two or More Common Walls
  • Wrought Iron Fence
  • Landscaped
  • Level Lot
  • Density is 36-40 Units/Acre

Home Design

  • Property Attached
  • Stucco

Interior Spaces

  • 22,773 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Location

  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable TV, telephone
  • Tax Tract Number 12345
  • Assessor Parcel Number 0154242420000

Community Details

Overview

  • Active Adult
  • 2 Buildings
  • 43 Units

Building Details

  • 43 Leased Units
  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $2,421
  • Fuel Expense $413
  • Insurance Expense $4,587
  • Maintenance Expense $3,000
  • Professional Management Expense $20,000
  • Trash Expense $3,278
  • Water Sewer Expense $7,253
  • New Taxes Expense $9,141
  • Operating Expense $50,093
  • Gross Income $361,200
  • Net Operating Income $297,000

Additional Features

  • Laundry Facilities
  • Gated Community

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Professional Management Expense: 20000.00
  • Property Attached: Yes
  • Security: Gated Community
  • Water Sewer Expenses: 7253.00
  • Property Type: Residential Income
  • Parcel Number: 0154242420000
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 169.06

Exterior Features

  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Construction Materials: Stucco

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 3278.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: Yes
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 36-40 Units/Acre, Landscaped, Lot Over 40000 Sqft, Level
  • Lot Size Sq Ft: 52707.00

Rental Info

  • Tenant Pays: Cable TV, Telephone

Multi Family

  • Average1 Bed Area: 500 Square Feet
  • Electric Expense: 2421.00
  • Fuel Expense: 413.00
  • Gross Income: 361200.00
  • Gross Scheduled Income: 361200.00
  • Insurance Expense: 4587.00
  • Maintenance Expense: 3000.00
  • Net Operating Income: 297000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 43
  • Number Of Units Total: 43
  • Operating Expense: 64200.00
  • Rent Control: No
  • Total Expenses: 50093.00

Tax Info

  • New Taxes Expense: 9141.00
  • Tax Tract Number: 12345

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

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2018 07/12/18 Sold $3,850,000 -3.8% $169 / Sq Ft
03/18/2018 03/18/18 Pending -- -- --
02/27/2018 02/27/18 For Sale $4,000,000 -- $176 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Grace Santiago

    Seller's Agent in 2018

    Grace Santiago

    Realty Source, Inc

    (760) 846-0729

    44 Total Sales

    Grace Santiago
    Section Image
  • Justin Tye

    Buyer's Agent in 2018

    Justin Tye

    Active Realty

    (949) 381-8581

    2 in this area

    2,260 Total Sales

    Justin Tye
    Section Image
  • Christopher Savare

    Buyer Co-Listing Agent in 2018

    Christopher Savare

    Fiv Realty Co.

    (844) 489-1240

    45 Total Sales

    Christopher Savare
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW18046855

California Regional Multiple Listing Service (CRMLS)
California San Bernardino County San Bernardino 92404 Wildwood Park

4120 Sepulveda Ave, San Bernardino, CA

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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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