NOT LISTED FOR SALE

645 Scott Place Glendora, CA 91740

South Glendora Neighborhood
5 Beds
3 Baths
4,176 Sq Ft
7,155 Sq Ft Lot

Last Sold October 04, 2012

Last sale price $800,000 $192 Per Sq Ft

87 Days on Market

About This Home

As of October 2012

Pride of Ownership! Excellent Upside in Rental Income! We are pleased to exclusively offer for sale this 6 unit turn-key investment in the highly sought after city of Glendora. The current owner has invested a substantial amount of money in capital improvements such as NEW copper plumbing throughout the entire building, a NEW boiler (hot water heater) that services the hot water for the rental units and laundry room, NEW windows with energy efficient rating, as well as numerous upgrades to the interior of the rental units. The unit mix includes two-2bedroom & 1bath units and four-1bedroom and 1 bath units. Tenants enjoy onsite covered parking as well as a laundry facility. The rental income is well below average for the area and allows the next investor to raise rents and increase their cash on cash return. Tenants do not know the property is for sale so please DO NOT walk on the property. Interior inspection with an accepted offer. Contact Listing Agent for a full Marketing Package.

Last Agent to Sell the Property

Kristopher German

Remax Commercial and Investment Realty License #01800021 Listed on: 05/21/2012

Remax Commercial and Investment Realty

Last Buyer's Agent

Becky Chen

License #01019588

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 7,155 Sq Ft Lot

Home Design

  • Shingle Roof

Interior Spaces

  • 4,176 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Parking

  • 6 Parking Spaces
  • Carport

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 6 Units

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 8644-002-050

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 4176
  • Stories: 2
  • Year Built: 1959
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Equipment: Range/Oven
  • Price Per S Q F T: 191.09

Exterior Features

  • Pool: No
  • Roof: Shingle

Garage/Parking

  • Covered Parking: 6
  • Parking Garage: Carport
  • Total Parking: 6

Utilities

  • Cooling: Wall/Window
  • Electric Expense: 600.00
  • Heating: Wall
  • Water Expense: 2700.00

Fee Information

  • Gas Expense: 900.00
  • Insurance Expense: 1462.00
  • Maintenance Expense: 4380.00

Lot Info

  • Assessed Improvement Value: 503741
  • Assessed Land Value: 326398
  • Assessor Parcel Number: 8644-002-050
  • Lot Size Area: 7155

Rental Info

  • Owner Pays: Water

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 12.00
  • Number Of Units: 6
  • Rent Control: 0
  • Type Of Units: Apartment

Tax Info

  • Tax Expense: 8938.00

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2012 10/04/12 Sold $800,000 +0.3% $192 / Sq Ft
08/16/2012 08/16/12 Pending -- -- --
05/21/2012 05/21/12 For Sale $798,000 -- $191 / Sq Ft
Source: The MLS

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
2025 $13,002 $985,132 $615,709 $369,423
2024 $13,002 $965,817 $603,637 $362,180
2023 $12,725 $946,880 $591,801 $355,079
2022 $12,487 $928,315 $580,198 $348,117
2021 $12,261 $910,114 $568,822 $341,292
2020 $11,887 $900,783 $562,990 $337,793
2019 $11,627 $883,121 $551,951 $331,170
2018 $11,340 $865,806 $541,129 $324,677
2016 $10,839 $832,187 $520,117 $312,070
2015 $10,619 $819,688 $512,305 $307,383
2014 $10,614 $803,632 $502,270 $301,362
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2012

    Kristopher German

    RE/MAX

    Section Image

  • B

    Buyer's Agent in 2012

    Becky Chen

See All Agents

Map

Source: The MLS

MLS Number: 12-601633

The MLS
California Los Angeles County Glendora 91740 South Glendora

645 Scott Place, Glendora, CA

Not Listed for Sale

MultiFamily

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