NOT LISTED FOR SALE

455 S Campus Ave Upland, CA 91786

Upland Area
26 Beds
26 Baths
16,388 Sq Ft
0.72 Acre Lot

Sale Details

Date Sold: April 22, 2022

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

4 Days on Market

Highlights

  • 0.72 Acre Lot
  • Edison Elementary School Rated 9+
  • 20 Car Garage

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

Last Buyer's Agent

Shant Sherbetdjian

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

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 31,500 Sq Ft 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

0.72 Acres

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2022
Closed on
Apr 16, 2022
Sold by
Wu and Peijie
Bought by
Seller's Agent
Shant Sherbetdjian
Remax Commercial and Investment Realty
Buyer's Agent
Shant Sherbetdjian
Remax Commercial and Investment Realty
List Price
$4,800,000
Sold Price
$4,582,644
Premium/Discount to List
-$217,356
-4.53%

Purchase Details

Closed on
Mar 12, 2014
Sold by
Wang Neng Ju
Bought by
Wu Robert and Ma Peljie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,430,000
Interest Rate
4.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 3, 2006
Sold by
3615 W 104Th Street Lp
Bought by
Wang Neng Ju and Cheng Biqin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,365,000
Interest Rate
6.29%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 18, 2002
Sold by
Giles Charles U
Bought by
3615 West 104Th Street Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$919,000
Interest Rate
6.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 7, 2000
Sold by
Eldrageely Ahmed A
Bought by
Giles Charles U and Giles Adrian Kristin

Purchase Details

Closed on
Apr 23, 1997
Sold by
Eldrageely Ahmed A and Eldrageely Nadia
Bought by
Eldrageely Ahmed and Eldrageely Nadia
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$4,480,000 Fidelity National Title
Wu Robert $2,230,000 Fidelity National Title
Wang Neng Ju $2,100,000 Transunion Title
3615 West 104Th Street Lp $1,313,000 Commonwealth Title
Giles Charles U -- Fidelity National Title Ins
Eldrageely Ahmed -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,620,000
Previous Owner Wu Robert $2,070,000
Previous Owner Wu Robert $1,400,000
Previous Owner Wu Robert $1,430,000
Previous Owner Wang Neng Ju $1,365,000
Previous Owner 3615 W 104Th St Lp $910,000
Previous Owner 3615 West 104Th Street Lp $919,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $52,375 $4,849,296 $1,212,324 $3,636,972
2025 $52,375 $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

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Map

Source: The MLS

MLS Number: 22-128131

The MLS
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