Eli Strickland
Responds Quickly
RE/MAX INNOVATIONS
(833) 400-8714
140 Total Sales
1 in Upland
$835,000 Price
549 Alpine St Upland, CA 91786
Upland Area
3
Beds
2
Baths
18,622
Sq Ft
0.76
Acre Lot
Highlights
- Private Pool
- Upland High School Rated A-
- 0.76 Acre Lot
About This Home
As of March 2015DRIVE BY ONLY. PLEASE DO NOT DISTURB MANAGER OR TENANTS. CONTACT AGENT FOR OFFERING MEMORANDUM.
SELLER JUST RAISED UNDERMARKET RENTS AND NOW OFFERING CAP RATE AT 5.77%
*Offering Cap Rate at 5.77%
*Excellent Unit Mix of One & Two Bedroom Units
*High Demand Rental Location
*High Occupancy Area
*Nearly 10% Upside in Rents per Rental Survey
*Turnkey Asset With Little to no Deferred Maintenance
*Easy I-10 Freeway Access
*Very Competitive Price per
Unit at $125,000
The Alpine Manor Apartments consists of Twenty Six
Units. The Apartment possess an attractive unit mix of
seventeen one bedroom and nine two bedroom units.
Tenants are afforded a clean living environment, secure
carport parking, onsite laundry and a pool. The
community is fully gated which provides privacy and
added security for tenants.
The property has a great Inland Empire location with its
easy access to the I-10 freeway. The city of Upland is
centrally located just 30 miles East of downtown Los
The city of Upland is
centrally located just 30 miles East of downtown Los
Angeles , 30 miles north of Orange county, and just
minutes from both Riverside & San Bernardino counties.
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1962
Lot Details
- 32,900 Sq Ft Lot
- Two or More Common Walls
- Density is 26-30 Units/Acre
Parking
- 26 Parking Spaces
Home Design
- 18,622 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Additional Features
- Private Pool
- Urban Location
Listing and Financial Details
- Tax Lot 585
- Tax Tract Number 5641
- Assessor Parcel Number 1046341320000
Community Details
Overview
- 5 Buildings
- 26 Units
Building Details
- 26 Separate Electric Meters
- 26 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $8,000
- Insurance Expense $2,599
- Maintenance Expense $17,175
- Professional Management Expense $9,599
- Trash Expense $2,000
- Water Sewer Expense $3,000
- New Taxes Expense $39,000
- Gross Income $14,450
- Net Operating Income $187,596
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Upland, CA
-
Eli Strickland
-
Jennifer Gao
Jennifer Gao
Real Brokerage Technologies
(626) 726-3384
63 Total Sales
1 in Upland
$945,000 Price
-
Vicky Maliszewski
Vicky Maliszewski
KALEO REAL ESTATE COMPANY
(951) 800-3156
64 Total Sales
9 in Upland
$435K - $1.6M Price Range
-
Justin Dyer
Justin Dyer
Keller Williams Westlake Village
(805) 600-8397
11 Total Sales
2 in Upland
$865,000 Price Range
-
Bernetta 'Star' Bourgoyne
Bernetta 'Star' Bourgoyne
Bourgoyne Realty
(951) 433-7895
23 Total Sales
1 in Upland
$155,000 Price
-
Leticia Sotomayor
Leticia Sotomayor
Real Brokerage Technologies, I
(909) 731-8187
77 Total Sales
1 in Upland
$850,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | North American Title | ||
| Su James Yantao | $3,150,000 | Ticor Title | |
| Olvera Jose Luis | $2,380,000 | Fidelity National Title | |
| King Stanley F | -- | Fidelity National Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | -- | $1,200,000 | |
| Previous Owner | King Stanley F | $1,100,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/19/2015 03/19/15 | Sold | $3,150,000 | -3.1% | $169 / Sq Ft |
| 09/08/2014 09/08/14 | Pending | -- | -- | -- |
| 10/23/2013 10/23/13 | For Sale | $3,250,000 | -- | $175 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $41,101 | $3,861,545 | $484,226 | $3,377,319 |
| 2025 | $41,101 | $3,785,828 | $474,731 | $3,311,097 |
| 2024 | $39,682 | $3,711,597 | $465,423 | $3,246,174 |
| 2023 | $39,101 | $3,638,821 | $456,297 | $3,182,524 |
| 2022 | $38,268 | $3,567,472 | $447,350 | $3,120,122 |
| 2021 | $38,252 | $3,497,521 | $438,578 | $3,058,943 |
| 2020 | $37,217 | $3,461,658 | $434,081 | $3,027,577 |
| 2019 | $37,087 | $3,393,783 | $425,570 | $2,968,213 |
| 2018 | $36,159 | $3,327,238 | $417,225 | $2,910,013 |
| 2017 | $35,118 | $3,261,998 | $409,044 | $2,852,954 |
| 2016 | $34,420 | $3,198,038 | $401,024 | $2,797,014 |
| 2015 | $26,563 | $2,487,346 | $481,793 | $2,005,553 |
| 2014 | $25,880 | $2,438,622 | $472,355 | $1,966,267 |
Source: Public Records
Agents Affiliated with this Home
-
Albert Le
Seller's Agent in 2015
Albert Le
LE INVESTMENT GROUP
(909) 256-7889
23 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV13217180
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.
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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