NOT LISTED FOR SALE

592 West St Upland, CA 91786

14 Beds
7 Baths
5,454 Sq Ft
10,800 Sq Ft Lot

Last Sold March 25, 2015

Last sale price $1,050,000 $193 Per Sq Ft

54 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Wall Furnace
  • Upland High School Rated A-

About This Home

As of March 2015

Located in the City of Upland, North of Foothill Blvd, and Adjacent to the border Rancho Cucamonga. This 7 units consist of 1 separate house in the front and 6 units in the rear, All 2 bedrooms 1 bath. Recently Renovated. This is an excellent multifamily investment opportunity due to its ideal location. It is surrounded by Single Family Residents, walking distance to Schools, shopping, bus station, parks and old town Upland. 100% occupied. Great potential for upside rent. Ideal for 1031 exchange or investors who want to take advantage of the historically low interest rates with a sound investment for long term hold. Easy access to the 10 and 210 Freeways. Drive by only, Offer subject to interior inspection. ABSOLUTELY DO NOT DISTURB THE TENANTS.

Last Agent to Sell the Property

Kim Dang

COUNTY WIDE REAL ESTATE License #01294924 Listed on: 10/24/2014

Last Buyer's Agent

Scott Ho

Dynasty Realty License #01860739

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 10,800 Sq Ft Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Parking

  • 6 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 5,454 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Utilities

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

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 518
  • Assessor Parcel Number 1045522060000

Community Details

Overview

  • 2 Buildings
  • 7 Units

Amenities

  • Laundry Facilities

Building Details

  • 7 Leased Units
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $166
  • Gardener Expense $1,020
  • Insurance Expense $1,804
  • Maintenance Expense $1,500
  • Trash Expense $1,065
  • Water Sewer Expense $2,100
  • New Taxes Expense $12,100
  • Gross Income $7,200
  • Net Operating Income $42,018

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

6

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 2100.00
  • Property Type: Residential Income
  • Gardener Expense: 1020.00
  • Parcel Number: 1045522060000
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 192.52

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 7.00

Utilities

  • Utilities: Natural Gas Available, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Trash Expense: 1065.00
  • Water Source: Public
  • Cooling: Electric, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Urban

Lot Info

  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 10800.00
  • Lot Size Acres: 0.2480

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 166.00
  • Gross Income: 7200.00
  • Gross Scheduled Income: 86400.00
  • Insurance Expense: 1804.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 10800.0000 Square Feet
  • Maintenance Expense: 1500.00
  • Net Operating Income: 42018.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 7
  • Number Of Units Total: 7
  • Number With Disposal: 7
  • Operating Expense: 20088.00
  • Rent Control: No
  • Total Actual Rent: 7200.00

Tax Info

  • New Taxes Expense: 12100.00
  • Tax Lot: 518
  • Tax Year: 2013

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2015 03/25/15 Sold $1,050,000 -4.5% $193 / Sq Ft
12/17/2014 12/17/14 Pending -- -- --
10/24/2014 10/24/14 For Sale $1,100,000 -- $202 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2015

    Kim Dang

    COUNTY WIDE REAL ESTATE

    (626) 792-1891

    1 Total Sale

    Kim Dang
    Section Image

  • S

    Buyer's Agent in 2015

    Scott Ho

    Dynasty Realty

    (949) 294-8909

    Scott Ho
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS14227727

California Regional Multiple Listing Service (CRMLS)

APN: 1045-522-06

California San Bernardino County Upland 91786

592 West St, Upland, CA

Not Listed for Sale

MultiFamily

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