NOT LISTED FOR SALE

455 S Campus Ave Upland, CA 91786

26 Beds
26 Baths
16,388 Sq Ft
0.72 Acres

Last Sold April 22, 2022

Last sale price $4,582,644 $280 Per Sq Ft

4 Days on Market

About This Home

As of April 2022

We are pleased to present 455 South Campus Avenue, an 18 unit Apartment Building consisting of 1 and 2 Bedroom Units. This Excellent Investment Opportunity Consists of a Two-Story Garden Style Building with Spacious 1 and 2 Bedroom Units, On-Site Parking & Pool. Each 1 Bedroom Unit Measures Approx. 810 SF and Each 2 Bedroom Unit Measures Approx. 1,020 SF. This Property has an Oversized 31,363 SF Lot providing 20 Enclosed Garages (15 with Direct Access to Unit). Newer 1986 Construction with Strong In-Place Rents and room to improve of Realistic Rental Upside Potential of +/- 20%. Tenants Enjoy the convenience of Washer & Dryer Hook-Ups in Each Unit, Central A/C, Upgraded Flooring, Walk-In Closets (and Balcony in Select Units). All Units are Separately Metered for Gas and Electricity, Minimal Landlord Maintenance. Located Near Downtown Upland with Mountain Views from Select Units. Easy Access to the 10 Freeway. Please note, Buyer has the option of either assuming the current CHASE Loan (Apprx. $2,063,000) at 3.35% through October 2026 -or- paying for the pre-payment penalty (Apprx. $100,000). Contact listing agent for details.

Last Agent to Sell the Property

Shant Sherbetdjian

Remax Commercial and Investment Realty License #01713570 Listed on: 02/15/2022

Remax Commercial and Investment Realty

Last Buyer's Agent

Shant Sherbetdjian

Remax Commercial and Investment Realty License #01713570 Listed on: 02/15/2022

Remax Commercial and Investment Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 0.72 Acre Lot

Parking

  • 20 Car Garage
  • 8 Open Parking Spaces

Interior Spaces

  • 16,388 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 26 Bedrooms
  • 26 Bathrooms

Community Details

  • 18 Units

Listing and Financial Details

  • Assessor Parcel Number 1047-221-47-0000

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0

Parking

20

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 16388
  • Lot Acreage: 0.7231
  • Stories: 2
  • Year Built: 1986
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 26
  • Total Bathrooms: 26.00
  • Price Per S Q F T: 292.90

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 20
  • Other Spaces: 8
  • Parking Garage: Garage, Uncovered
  • Total Parking: 28

Lot Info

  • Assessed Improvement Percent: 77.58
  • Assessed Improvement Value: 1959241
  • Assessed Land Percent: 22.42
  • Assessed Land Value: 566253
  • Total Assessed Value: 2525494
  • Assessor Parcel Number: 1047-221-47-0000
  • Lot Size Area: 31500

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 15.99
  • Number Of Units: 18
  • Type Of Units: Apartments

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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
04/22/2022 04/22/22 Sold $4,582,644 -4.5% $280 / Sq Ft
02/19/2022 02/19/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $4,800,000 -- $293 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

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 $51,183 $4,754,212 $1,188,553 $3,565,659
2024 $51,183 $4,660,992 $1,165,248 $3,495,744
2023 $49,743 $4,569,600 $1,142,400 $3,427,200
2022 $28,352 $2,576,004 $577,578 $1,998,426
2021 $28,172 $2,525,494 $566,253 $1,959,241
2020 $27,675 $2,499,598 $560,447 $1,939,151
2019 $27,440 $2,450,586 $549,458 $1,901,128
2018 $27,063 $2,402,535 $538,684 $1,863,851
2017 $26,092 $2,355,427 $528,122 $1,827,305
2016 $24,803 $2,309,242 $517,767 $1,791,475
2015 $24,638 $2,274,555 $509,990 $1,764,565
2014 $25,060 $2,341,071 $421,391 $1,919,680
Source: Public Records

Agents Affiliated with this Home

  • Shant Sherbetdjian

    Seller's Agent in 2022

    Shant Sherbetdjian

    RE/MAX

    (626) 657-8135

    1 in this area

    54 Total Sales

    Shant Sherbetdjian
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Map

Source: The MLS

MLS Number: 22-128131

The MLS
California San Bernardino County Upland 91786

455 S Campus Ave, Upland, CA

Not Listed for Sale

MultiFamily

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