Seller's Agent in 2025
Michele Sparks
Vista Sotheby's International Realty
(951) 850-1597
2 in this area
52 Total Sales
5125 Bandera St Unit A Montclair, CA 91763
16
Beds
8
Baths
10,044
Sq Ft
0.71
Acres
Highlights
- 0.71 Acre Lot
- Central Heating and Cooling System
- Level Lot
- Laundry Room
- Turnkey
- 1-Story Property
About This Home
As of June 2025This well maintained collection of 12 unit bungalow style apartments consists of 6 buildings each with 2 units in a gated community with private garages, patios and ample parking. Each unit is 2 bedroom/1 Bathroom with indoor washer and dryer and HVAC units. In past 12 months partial to full remodels done on 6 units along with many other capital upgrades. Most of the rents are also at or above market value with great tenants.
Last Agent to Sell the Property
Vista Sotheby's International Realty Brokerage Phone: 951-367-9431 License #01304923 Listed on: 03/25/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,040
Year Built
- Built in 1963
Lot Details
- 0.71 Acre Lot
- 1 Common Wall
- Level Lot
- 1010611030000,101061104000,10106110500000,1010611060000,1010611070000
Parking
- 36 Open Parking Spaces
- 12 Car Garage
Home Design
- Apartment
- Entry on the 1st floor
- Turnkey
Interior Spaces
- 10,044 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 16 Bedrooms
- 8 Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
Additional Features
- Exterior Lighting
- Central Heating and Cooling System
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, telephone
- Legal Lot and Block 3 / 22
- Assessor Parcel Number 1010611020000
- $611 per year additional tax assessments
Community Details
Overview
- 6 Buildings
- 12 Units
Building Details
- 12 Leased Units
- 12 Separate Electric Meters
- 12 Separate Gas Meters
- Insurance Expense $3,822
- Maintenance Expense $17,292
- Professional Management Expense $12,423
- Trash Expense $5,990
- Water Sewer Expense $10,672
- New Taxes Expense $46,878
- Operating Expense $93,701
- Gross Income $329,100
- Net Operating Income $235,399
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 25, 2024
Closed on
Jun 16, 2025
Sold by
Producers Cold Inc
Bought by
Elz Holding Llc
Seller's Agent
Michele Sparks
Vista Sotheby's International Realty
Buyer's Agent
Jeffrey Cheng
Wetrust Realty
List Price
$5,395,000
Sold Price
$3,920,000
Premium/Discount to List
-$1,475,000
-27.34%
Views
12632
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,190,034
Avg. Annual Appreciation
-95.70%
Original Mortgage
$2,000,000
Outstanding Balance
$1,994,865
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
-$264,899
Purchase Details
Closed on
Oct 21, 2022
Sold by
2012 Kim Family Trust
Bought by
Producers Cold Llc
Purchase Details
Closed on
Aug 15, 2012
Sold by
Kim Michael D
Bought by
Kim Michael D and Kim Myoung Sook
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $3,920,000 | Stewart Title Of California | |
| Grant Deed | $4,321,500 | Chicago Title | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,000,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2025 06/30/25 | Sold | $3,920,000 | -7.8% | $390 / Sq Ft |
| 03/11/2025 03/11/25 | Pending | -- | -- | -- |
| 02/28/2025 02/28/25 | Price Changed | $4,249,900 | -14.9% | $423 / Sq Ft |
| 04/26/2024 04/26/24 | Price Changed | $4,995,900 | -7.4% | $497 / Sq Ft |
| 03/25/2024 03/25/24 | For Sale | $5,395,000 | -- | $537 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $8,040 | $749,348 | $161,262 | $588,086 |
| 2024 | $8,040 | $734,655 | $158,100 | $576,555 |
| 2023 | $7,814 | $720,250 | $155,000 | $565,250 |
| 2022 | $1,741 | $157,829 | $72,151 | $85,678 |
| 2021 | $1,730 | $154,734 | $70,736 | $83,998 |
| 2020 | $1,700 | $153,148 | $70,011 | $83,137 |
| 2019 | $1,685 | $150,145 | $68,638 | $81,507 |
| 2018 | $1,662 | $147,201 | $67,292 | $79,909 |
| 2017 | $1,603 | $144,315 | $65,973 | $78,342 |
| 2016 | $1,540 | $141,485 | $64,679 | $76,806 |
| 2015 | $2,017 | $184,431 | $56,354 | $128,077 |
| 2014 | $1,954 | $180,818 | $55,250 | $125,568 |
Source: Public Records
Agents Affiliated with this Home
-
Michele Sparks
-
Jeffrey Cheng
Buyer's Agent in 2025
Jeffrey Cheng
Wetrust Realty
(626) 523-2198
1 in this area
29 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: LG24055376
APN: 1010-611-02
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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