NOT LISTED FOR SALE

542 E 9th St Upland, CA 91786

6 Beds
6 Baths
2,800 Sq Ft
1955 Built

Last Sold July 31, 2018

Last sale price $960,000 $343 Per Sq Ft

16 Days on Market

Highlights

  • Laundry Room
  • Upland High School Rated A-
  • 1-Story Property

About This Home

As of July 2018

First Time on Market in Last 30 Years. The 9th Street Apartments is a 6-unit multifamily property constructed in 1955 on a 8,700 square lot, with a total building size of 2,800 square feet. The neatly landscaped, single-story property is separately metered for gas and electric, newly painted exterior of the building, termite work recently completed, and offers assigned single-car garage and open-space parking, on-site laundry room, and community outdoor courtyard. The 9th Street Apartments consists of six one-bedroom/one-bathroom units. The units offer individual water heaters, window blinds, gas stoves, carpet flooring, and security doors. The property is on a single lot with one APN: 1046-582-08. There are brand new developed residential townhomes and a 111-unit multifamily plan approved development right behind this property.

Last Agent to Sell the Property

Eric Chen

CB RICHARD ELLIS Listed on: 06/26/2018

Last Buyer's Agent

Eric Chen

CB RICHARD ELLIS Listed on: 06/26/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,477

Year Built

  • Built in 1955

Lot Details

  • 8,700 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 6 Open Parking Spaces
  • 6 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached
  • Composition Roof

Interior Spaces

  • 2,800 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 903
  • Assessor Parcel Number 1046582080000

Community Details

Building Details

  • 6 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $300
  • Fuel Expense $300
  • Gardener Expense $720
  • Insurance Expense $1,400
  • Maintenance Expense $3,605
  • Trash Expense $720
  • Water Sewer Expense $3,000
  • New Taxes Expense $10,477
  • Operating Expense $21,722
  • Gross Income $73,664
  • Net Operating Income $49,765

Additional Features

  • 6 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,477

Year Built

Built in 1955

Lot Details

0

Parking

6

Listing Details

  • CapRate: 5.24
  • Property Attached: Yes
  • Water Sewer Expenses: 3000.00
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 1046582080000
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 342.86

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 720.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 8700.00

Multi Family

  • Electric Expense: 300.00
  • Fuel Expense: 300.00
  • Gross Income: 73664.00
  • Gross Multiplier: 13.04
  • Gross Operating Income: 71454.00
  • Gross Scheduled Income: 72840.00
  • Insurance Expense: 1400.00
  • Laundry Income: 824.00
  • Maintenance Expense: 3605.00
  • Maintenance Percent: 5.00
  • Net Operating Income: 49765.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 21690.00
  • Operating Expense Percent: 30.35
  • Rent Control: No
  • Total Actual Rent: 6070.00
  • Total Expenses: 21722.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 10477.00
  • Tax Census Tract: 9.03
  • Taxes Percent: 14.53
  • Tax Lot: 9
  • Tax Rate: 1.07
  • Tax Tract Number: 000903
  • Tax Annual Amount: 10477.00
  • Tax Year: 2018

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2018 07/31/18 Sold $960,000 +1.1% $343 / Sq Ft
07/12/2018 07/12/18 Pending -- -- --
06/26/2018 06/26/18 For Sale $950,000 -- $339 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Eric Chen

    Seller's Agent in 2018

    Eric Chen

    CB RICHARD ELLIS

    (909) 418-2030

    1 in this area

    65 Total Sales

    Eric Chen
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18153186

California Regional Multiple Listing Service (CRMLS)
California San Bernardino County Upland 91786

542 E 9th St, Upland, CA

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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

Nearby Homes