NOT LISTED FOR SALE
1 Bed
1 Bath
5,800 Sq Ft
8,143 Sq Ft Lot Lot

Sale Details

Date Sold: September 22, 2014

Last sale price $500,000 $86 Per Sq Ft

2 Days on Market

Highlights

  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • No HOA

About This Home

As of September 2014

8-Unit Building in picturesque tree-lined neighborhood! Beautiful white picket fence surrounds the large front yard. Surrounded by Victorian homes in the historic district, this is an ideal setting. All Units are 1-Bedroom/1-Bath. with Living Room, Kitchen, Dining Area, Bedroom and Bath. Four Units in Front and four units in back are divided by a breezeway. Five garages plus parking for two cars. There are also some storage units in the garage area. Laundry room provides additional income. Close to Mt. Rubidoux, University, downtown. Walk to shops and restaurants. Close Freeway access. Excellent investment opportunity.

Last Agent to Sell the Property

Valerie Van de Zilver

Y Realty License #00443671 Listed on: 08/24/2014

Last Buyer's Agent

Valerie Van de Zilver

Y Realty License #00443671 Listed on: 08/24/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 8,143 Sq Ft Lot
  • No Common Walls
  • Vinyl Fence
  • Block Wall Fence
  • Density is up to 1 Unit/Acre

Parking

  • 5 Car Garage

Interior Spaces

  • 5,800 Sq Ft Home
  • 2-Story Property
  • Free-Standing Range
  • Leased Washer and Dryer

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Outdoor Features

  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 4074
  • Assessor Parcel Number 214220013

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Building Details

  • 8 Leased Units
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 7 Separate Water Meters
  • Electric Expense $1,271
  • Gardener Expense $1,800
  • Insurance Expense $3,966
  • Trash Expense $1,590
  • Water Sewer Expense $1,121
  • New Taxes Expense $5,000
  • Gross Income $5,325
  • Net Operating Income $50,195

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

8,143 Sq Ft Lot

Parking

5

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1121.00
  • Property Type: Residential Income
  • Gardener Expense: 1800.00
  • Parcel Number: 214220013
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Vinyl, Wood
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 86.21

Exterior Features

  • Fencing: Block, Vinyl
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Free-Standing Range
  • Heating Type: Wall Furnace
  • Sewer: Sewer Paid
  • Trash Expense: 1590.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8143.00
  • Lot Size Acres: 0.1870

Multi Family

  • Electric Expense: 1271.00
  • Gross Income: 5325.00
  • Gross Scheduled Income: 63900.00
  • Insurance Expense: 3966.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 8143.0000 Square Feet
  • Net Operating Income: 50195.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 7
  • Number Of Units Leased: 8
  • Number Of Units Total: 8
  • Operating Expense: 15505.00
  • Rent Control: No
  • Total Actual Rent: 5325.00

Tax Info

  • New Taxes Expense: 5000.00
  • Tax Lot: 15
  • Tax Tract Number: 04074
  • Tax Year: 2013
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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
09/22/2014 09/22/14 Sold $500,000 0.0% $86 / Sq Ft
08/26/2014 08/26/14 Pending -- -- --
08/24/2014 08/24/14 For Sale $499,999 -- $86 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,718 $600,918 $120,181 $480,737
2023 $6,718 $577,585 $115,515 $462,070
2022 $6,570 $566,260 $113,250 $453,010
2021 $6,480 $555,158 $111,030 $444,128
2020 $6,433 $549,467 $109,892 $439,575
2019 $6,315 $538,694 $107,738 $430,956
2018 $6,196 $528,132 $105,626 $422,506
2017 $6,089 $517,777 $103,555 $414,222
2016 $5,709 $507,625 $101,525 $406,100
2015 $5,630 $500,000 $100,000 $400,000
2014 $3,441 $292,360 $26,516 $265,844
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14182497

California Regional Multiple Listing Service (CRMLS)

APN: 214-220-013

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