NOT LISTED FOR SALE
1 Bed
1 Bath
23,800 Sq Ft
1.27 Acres

Last Sold December 09, 2019

Last sale price $4,358,600 $183 Per Sq Ft

48 Days on Market

Highlights

  • 1.27 Acre Lot
  • No HOA
  • Laundry Room

About This Home

As of December 2019

This unique 43 units apartment is located in the Wildwood Park neighborhood in San Bernardino, very high demand rental area with high occupancy rate. The property is located less than 0.5 miles from market, shops & restaurants, very convenient! All 43 units are one bedroom/one bathroom, and each unit has its own electrical & gas meter. Each unit has its own parking space. It has a large entertainment room for tenants to use. The property is very well maintained and have rent upside potential. Great opportunity for investors! Must see!

Last Agent to Sell the Property

Katherine Quach

Treeline Realty & Investment License #01973653 Listed on: 10/08/2019

Treeline Realty & Investment

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 1.27 Acre Lot
  • No Common Walls

Interior Spaces

  • 23,800 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Parking

  • 4 Open Parking Spaces
  • 47 Parking Spaces
  • 43 Carport Spaces
  • Parking Available
  • Assigned Parking

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Tract Number 45
  • Assessor Parcel Number 0154242430000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 43 Units

Amenities

  • Laundry Facilities

Building Details

  • 45 Separate Electric Meters
  • 45 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $4,200
  • Fuel Expense $1,118
  • Gardener Expense $4,200
  • Insurance Expense $8,967
  • Maintenance Expense $7,000
  • Pest Control $2,000
  • Professional Management Expense $16,800
  • Trash Expense $4,600
  • Water Sewer Expense $26,700
  • New Taxes Expense $57,112
  • Operating Expense $132,697
  • Gross Income $381,244
  • Net Operating Income $237,192

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Professional Management Expense: 16800.00
  • Property Attached: No
  • Water Sewer Expenses: 26700.00
  • Zoning: R
  • Property Type: Residential Income
  • Gardener Expense: 4200.00
  • Parcel Number: 0154242430000
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 183.13

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 43.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 47.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Pest Control Expense: 2000.00
  • Sewer: Public Sewer
  • Trash Expense: 4600.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft
  • Lot Size Sq Ft: 55535.00
  • Lot Size Acres: 1.2749

Rental Info

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

Multi Family

  • Electric Expense: 4200.00
  • Fuel Expense: 1118.00
  • Gross Income: 381244.00
  • Gross Scheduled Income: 381244.00
  • Insurance Expense: 8967.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 2740.00
  • Lot Size Area: 55535.0000 Square Feet
  • Maintenance Expense: 7000.00
  • Net Operating Income: 237192.00
  • Number Of Separate Electric Meters: 45
  • Number Of Separate Gas Meters: 45
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 43
  • Operating Expense: 132697.00
  • Rent Control: No
  • Total Expenses: 132697.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 57112.00
  • Tax Census Tract: 45.05
  • Tax Tract Number: 0045

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
12/09/2019 12/09/19 Sold $4,358,600 -7.7% $183 / Sq Ft
11/25/2019 11/25/19 Pending -- -- --
10/08/2019 10/08/19 For Sale $4,720,000 -- $198 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR19239364

California Regional Multiple Listing Service (CRMLS)