NOT LISTED FOR SALE

511 E Fredricks St Barstow, CA 92311

5 Beds
5 Baths
12,224 Sq Ft
0.62 Acres

Last Sold July 28, 2015

Last sale price $550,000 $45 Per Sq Ft

87 Days on Market

Highlights

  • 0.62 Acre Lot
  • Evaporated cooling system
  • Turnkey
  • No HOA
  • Tile Flooring
  • Wall Furnace

About This Home

As of July 2015

21 Units, all occupied, 2 separate buildings. Buildings are on two separate APNs 0181112300000 and 0181112310000 (sold together). All units are 1 bedroom / 1 bathroom. This is a great opportunity to acquire quality units at $28,500 per door with good cash flow.

Last Agent to Sell the Property

BROOK BROWNELL

WS REALTY, INC. License #01862953 Listed on: 02/08/2015

WS REALTY, INC.

Last Buyer's Agent

BROOK BROWNELL

WS REALTY, INC. License #01862953 Listed on: 02/08/2015

WS REALTY, INC.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 0.62 Acre Lot
  • Two or More Common Walls
  • Chain Link Fence
  • Density is 21-25 Units/Acre

Home Design

  • Property Attached
  • Turnkey
  • Slab Foundation
  • Fire Rated Drywall
  • Interior Block Wall
  • Frame Construction
  • Composition Roof
  • Pre-Cast Concrete Construction
  • Asphalt
  • Stucco

Interior Spaces

  • 12,224 Sq Ft Home
  • Blinds

Kitchen

  • Gas Oven
  • Disposal

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 21 Parking Spaces
  • Parking Available
  • Unassigned Parking

Outdoor Features

  • Rain Gutters

Utilities

  • Evaporated cooling system
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Lot 7-10
  • Tax Tract Number 2252
  • Assessor Parcel Number 0181112300000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 21 Units

Building Details

  • 21 Leased Units
  • 22 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $480
  • Insurance Expense $5,468
  • Maintenance Expense $6,000
  • Professional Management Expense $6,412
  • Trash Expense $11,250
  • Water Sewer Expense $6,000
  • New Taxes Expense $6,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Assessments: Yes
  • Inclusions: stoves
  • Professional Management Expense: 6412.00
  • Property Attached: Yes
  • Road Surface Type: Maintained
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 6000.00
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 0181112300000
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Block Walls, Unfurnished
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile, Vinyl
  • Appliances: Yes
  • Price Per Square Foot: 44.99
  • Window Features: Blinds

Exterior Features

  • Foundation: Slab
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Asphalt, Block, Concrete, Drywall Walls, Frame, Glass, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 21.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected, Phone Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Disposal, Gas Oven
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Trash Expense: 11250.00
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 21-25 Units/Acre, Lot Over 40000 Sqft
  • Lot Size Sq Ft: 27000.00
  • Price Per Lot Square Foot: 20.37
  • Lot Size Acres: 0.6200

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Average1 Bed Area: 475
  • Electric Expense: 480.00
  • Gross Scheduled Income: 9450.00
  • Insurance Expense: 5468.00
  • Lot Size Area: 27000.0000 Square Feet
  • Maintenance Expense: 6000.00
  • Number Of Separate Electric Meters: 22
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 21
  • Number Of Units Total: 21
  • Operating Expense: 4500.00
  • Operating Expense Percent: 10.00
  • Other Income Description: storage room /laundry availabl
  • Rent Control: No
  • Vacancy Allowance Rate: 10.00

Tax Info

  • New Taxes Expense: 6400.00
  • Tax Lot: 7-10
  • Tax Tract Number: 2252
  • 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
07/28/2015 07/28/15 Sold $550,000 -8.2% $45 / Sq Ft
05/06/2015 05/06/15 Pending -- -- --
02/08/2015 02/08/15 For Sale $599,000 -- $49 / 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 $7,422 $650,520 $130,528 $519,992
2024 $7,289 $637,765 $127,969 $509,796
2023 $7,134 $625,260 $125,460 $499,800
2022 $7,106 $613,000 $123,000 $490,000
2021 $3,753 $325,908 $75,189 $250,719
2020 $3,759 $322,566 $74,418 $248,148
2019 $3,561 $316,241 $72,959 $243,282
2018 $3,737 $310,040 $71,528 $238,512
2017 $3,379 $303,960 $70,125 $233,835
2016 $3,324 $297,621 $59,524 $238,097
2015 $3,255 $293,151 $58,630 $234,521
2014 $3,233 $287,409 $57,482 $229,927
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV15030225

California Regional Multiple Listing Service (CRMLS)
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