NOT LISTED FOR SALE

533 N 3rd Ave Upland, CA 91786

Estimated Value: $726,000 - $897,000

6 Beds
3 Baths
2,498 Sq Ft
$320/Sq Ft Est. Value

Last Sold September 07, 2021

Last sale price $700,000 $280 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,136/month

Highlights

  • Craftsman Architecture
  • No HOA
  • Laundry Room
  • Upland High School Rated A-
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

About This Home

As of September 2021

**Rare Opportunity** Great investment TRIPLEX located in the charming city of Upland! Located in heart of Historical downtown,Near shops ,restaurant and entertainments,trails and freeway access.Perfect for the savvy entrepreneur Or may live in one and rent other two units for extra income. All three units are include two bedroom and one bathroom.each unit has own parking or carport. The commercial next door is for sale too, You can purchase either both together or each one separate. Property sold AS-IS.This is What you were waiting for!! Call for more information.

Last Listed By

Noosheen Detches

Jason Mitchell R. E. Calif License #01961290 Listed on: 08/12/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,934

Year Built

  • Built in 1935

Lot Details

  • 7,488 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Garage
  • 2 Carport Spaces

Home Design

  • 2,498 Sq Ft Home
  • Craftsman Architecture
  • Patio Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 5 / 19
  • Tax Tract Number 89005
  • Assessor Parcel Number 1046253140000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 6 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,382
  • Professional Management Expense $3,154
  • Trash Expense $1,200
  • Water Sewer Expense $2,400
  • Operating Expense $8,136
  • Gross Income $31,540
  • Net Operating Income $23,404

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,934

Year Built

Built in 1935

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 108167
  • Professional Management Expense: 3154.00
  • Property Attached: No
  • Water Sewer Expenses: 2400.00
  • Architectural Style: Craftsman
  • Property Type: Residential Income
  • Parcel Number: 1046253140000
  • Year Built: 1935
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 280.22

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Lot Features: Patio Home
  • Lot Size Sq Ft: 7488.00
  • Lot Size Acres: 0.1719

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 31540.00
  • Gross Scheduled Income: 31540.00
  • Insurance Expense: 1382.00
  • Lot Size Area: 7488.0000 Square Feet
  • Net Operating Income: 23404.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 8136.00
  • Rent Control: No
  • Total Expenses: 8136.00

Tax Info

  • Tax Block: 19
  • Tax Census Tract: 9.01
  • Tax Lot: 5
  • Tax Tract Number: 89005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2024
Sold by
Wu Zongjiao
Bought by
Wu Zongjiao
Total Days on Market
0
Current Estimated Value
$799,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$649,000
Outstanding Balance
$647,782
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$133,056

Purchase Details

Listed on
Aug 12, 2021
Closed on
Sep 3, 2021
Sold by
Lin Kai
Bought by
Wu Zongjiao
Seller's Agent
Noosheen Detches
Jason Mitchell R. E. Calif
Buyer's Agent
Daniel Wang
IRN Realty
List Price
$649,000
Sold Price
$700,000
Premium/Discount to List
$51,000
7.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.97%

Purchase Details

Listed on
Aug 12, 2021
Closed on
Sep 2, 2021
Sold by
Gearhart Frank Richard
Bought by
Wu Zongjiao
Seller's Agent
Noosheen Detches
Jason Mitchell R. E. Calif
Buyer's Agent
Daniel Wang
IRN Realty
List Price
$649,000
Sold Price
$700,000
Premium/Discount to List
$51,000
7.86%

Range of Values:

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Average Value
Not Available
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
Wu Zongjiao -- None Listed On Document
Wu Zongjiao -- None Listed On Document
Wu Zongjiao -- Orange Coast Title
Wu Zongjiao -- Amrock Llc
Wu Zongjiao $700,000 Amrock
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Zongjiao $649,000
Closed Wu Zongjiao $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2021 09/07/21 Sold $700,000 0.0% $280 / Sq Ft
08/18/2021 08/18/21 Off Market $700,000 -- --
08/13/2021 08/13/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $649,000 -- $260 / 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 $7,934 $728,280 $234,090 $494,190
2023 $7,816 $714,000 $229,500 $484,500
2022 $7,648 $700,000 $225,000 $475,000
2021 $756 $51,486 $13,914 $37,572
2020 $736 $50,958 $13,771 $37,187
2019 $734 $49,959 $13,501 $36,458
2018 $720 $48,979 $13,236 $35,743
2017 $700 $48,018 $12,976 $35,042
2016 $520 $47,077 $12,722 $34,355
2015 $508 $46,370 $12,531 $33,839
2014 $495 $45,462 $12,286 $33,176
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW21173039

California Regional Multiple Listing Service (CRMLS)

APN: 1046-253-14