NOT LISTED FOR SALE

530 E 9th St Upland, CA 91786

6 Beds
6 Baths
5,438 Sq Ft
0.48 Acres

Last Sold May 14, 2021

Last sale price $1,260,000 $232 Per Sq Ft

24 Days on Market

Highlights

  • Second Garage
  • All Bedrooms Downstairs
  • Open Floorplan
  • Upland High School Rated A-
  • 0.48 Acre Lot
  • Craftsman Architecture

About This Home

As of May 2021

Incredible investment and very rare opportunity for 2 single family detached homes built in the early 1900's but new roofs, new electrical, new pipes and plumbing, new flooring, new appliances, new lighting, high vaulted ceilings. 2 single family detached houses with private yards, each has it's own washer & dryer. A duplex built in 1954 which has 2 bedrooms 1 bath each and those are also in mint condition. The best of all is a working garage/warehouse. The tenant is in until July 2022 but can be given a 30 days notice at any time and all of the residential folks are on a month to month lease contract and they hope to stay. The garage warehouse tenant pays $3500 a month. There are 4 fully permitted lifts and 2 fully permitted lifts outside and the warehouse can be turned into almost anything and the auto garage is fully permitted. Great source of income just under $10,000 per month. The houses are rented for $1500, $1485, and the duplex is $1600 and $1500. The rents are low can be raised at any time. The garage tenant is paying $3500 currently. Great corner location next to vacant land slated for development for fine dining, entertainment, live work loft space. Incredible future development site. Value will continue to rise along with rents! Mixed use very rare opportunity. Drive by only all offers subject to interior inspection. Come on over and stay awhile and enjoy the beautiful downtown Upland atmosphere. Charming craftsman homes , views of Mt. Baldy, close to metro.

Last Listed By

Donna Dostalik

RE/MAX Unlimited Real Estate License #01017840 Listed on: 04/06/2021

RE/MAX Unlimited Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,379

Year Built

  • Built in 1954 | Remodeled

Lot Details

  • 0.48 Acre Lot
  • No Common Walls
  • Wood Fence
  • Chain Link Fence
  • Corner Lot
  • Lawn
  • Density is 2-5 Units/Acre

Parking

  • 6 Car Garage
  • Second Garage
  • Parking Available
  • Workshop in Garage
  • Three Garage Doors

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Craftsman Architecture
  • Combination Foundation
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 5,438 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Living Room

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Fireplace in Patio
  • Exterior Lighting
  • Separate Outdoor Workshop
  • Outdoor Storage

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • 220 Volts in Workshop
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for trash collection
  • Legal Lot and Block 11 / 44
  • Tax Tract Number 10398
  • Assessor Parcel Number 1046582070000

Community Details

Overview

  • 5 Buildings
  • 5 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $720
  • Water Sewer Expense $575
  • New Taxes Expense $8,000
  • Operating Expense $10,245
  • Gross Income $9,345
  • Net Operating Income $7,585

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,379

Year Built

Built in 1954 | Remodeled

Lot Details

0

Parking

6

Listing Details

  • Property Attached: No
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 575.00
  • Architectural Style: Craftsman
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 1046582070000
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Interior Amenities: High Ceilings, Open Floorplan
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile, Vinyl, Wood
  • Appliances: Yes
  • Fireplace Features: Patio
  • Levels: One
  • Price Per Square Foot: 231.70
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Main Floor Bedroom

Exterior Features

  • Foundation: Combination, Raised
  • Other Structures: Second Garage Detached, Storage, Workshop
  • View: Mountain(s), Neighborhood
  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Garage - Three Door, Workshop in Garage
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater
  • Electric: 220 Volts in Workshop
  • Heating Type: Wall Furnace
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 720.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Corner Lot, Lawn
  • Lot Size Sq Ft: 21000.00
  • Lot Size Acres: 0.4821

Rental Info

  • Tenant Pays: Trash Collection

Multi Family

  • Gross Income: 9345.00
  • Gross Scheduled Income: 10585.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 21000.0000 Square Feet
  • Net Operating Income: 7585.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 3000.00
  • Other Income1: 320.00
  • Rent Control: No
  • Total Expenses: 10245.00

Tax Info

  • New Taxes Expense: 8000.00
  • Tax Block: 44
  • Tax Census Tract: 9.03
  • Tax Lot: 11
  • Tax Tract Number: 10398

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2021
Closed on
May 14, 2021
Sold by
Babco Investments Llc
Bought by
Kmca Llc
Seller's Agent
Donna Dostalik
RE/MAX Unlimited Real Estate
Buyer's Agent
Kevin Lee
Berkshire Hathaway HomeServices California Properties
List Price
$1,320,000
Sold Price
$1,260,000
Premium/Discount to List
-$60,000
-4.55%
Total Days on Market
24

Purchase Details

Listed on
Apr 6, 2021
Closed on
Apr 21, 2021
Sold by
Collins Stephen H and Collins And Chiang Living Trus
Bought by
Babco Investments Llc
Seller's Agent
Donna Dostalik
RE/MAX Unlimited Real Estate
Buyer's Agent
Kevin Lee
Berkshire Hathaway HomeServices California Properties
List Price
$1,320,000
Sold Price
$1,260,000
Premium/Discount to List
-$60,000
-4.55%

Purchase Details

Listed on
Mar 30, 2017
Closed on
Dec 5, 2017
Sold by
Collins Stephen H and Collins Stephen
Bought by
Collins Stephen H and Collins And Chiang Living Trus
Seller's Agent
Lee Spence
DAUM COMMERCIAL RE SERVICES
Buyer's Agent
Donna Dostalik
RE/MAX Unlimited Real Estate
List Price
$900,000
Sold Price
$820,000
Premium/Discount to List
-$80,000
-8.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.71%

Purchase Details

Listed on
Mar 30, 2017
Closed on
Oct 2, 2017
Sold by
Chiang Sharon
Bought by
Collins Stephen
Seller's Agent
Lee Spence
DAUM COMMERCIAL RE SERVICES
Buyer's Agent
Donna Dostalik
RE/MAX Unlimited Real Estate
List Price
$900,000
Sold Price
$820,000
Premium/Discount to List
-$80,000
-8.89%

Purchase Details

Closed on
Jul 18, 2017
Sold by
Lerouge Robert
Bought by
Collins Stephen

Purchase Details

Closed on
Feb 1, 2001
Sold by
Lerouge Patricia
Bought by
Lerouge Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.12%
Mortgage Type
Seller Take Back

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Kmca Llc $378,000 None Available
Babco Investments Llc $1,260,000 Chicago Title Company
Collins Stephen H -- None Available
Collins Stephen -- Chicago Title Company
Collins Stephen $820,000 Chicago Title Company
Lerouge Robert -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Babco Investments Llc $800,000
Previous Owner Lerouge Robert $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2021 05/14/21 Sold $1,260,000 -4.5% $232 / Sq Ft
04/30/2021 04/30/21 Pending -- -- --
04/06/2021 04/06/21 For Sale $1,320,000 +61.0% $243 / Sq Ft
10/12/2017 10/12/17 Sold $820,000 -3.5% $183 / Sq Ft
07/11/2017 07/11/17 Pending -- -- --
05/08/2017 05/08/17 Price Changed $850,000 -5.6% $190 / Sq Ft
03/30/2017 03/30/17 For Sale $900,000 -- $201 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2024 $14,379 $1,337,122 $445,707 $891,415
2023 $14,167 $1,310,904 $436,968 $873,936
2022 $13,864 $1,285,200 $428,400 $856,800
2021 $9,540 $861,966 $331,121 $530,845
2020 $9,281 $853,128 $327,726 $525,402
2019 $9,249 $836,400 $321,300 $515,100
2018 $9,021 $820,000 $315,000 $505,000
2017 $1,569 $130,116 $56,244 $73,872
2016 $1,390 $127,565 $55,141 $72,424
2015 $1,359 $125,649 $54,313 $71,336
2014 $1,324 $123,188 $53,249 $69,939
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21071930

California Regional Multiple Listing Service (CRMLS)

APN: 1046-582-07