NOT LISTED FOR SALE
3 Beds
2 Baths
3,528 Sq Ft
0.41 Acre Lot

Sale Details

Date Sold: February 22, 2018

Last sale price $366,500 $104 Per Sq Ft

14 Days on Market

About This Home

As of February 2018

Unique Investment Opportunity!!!
6 Units near the entrance of the Joshua Tree National Park. Don’t miss your chance!
Well maintained units consisting of 2 one-bedroom units that also have lofts and 1 bath each & 4 one-bedroom units with 1 bath each, a separate laundry room and an additional 1,000-foot, concrete floor storage unit with a roll top.
ACT NOW!

Last Agent to Sell the Property

Kim Suman

Corcoran Group of California Inc. License #01437996 Listed on: 12/30/2017

Corcoran Group of California Inc.

Last Buyer's Agent

General NONMEMBER

NONMEMBER MRML

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 17,866 Sq Ft Lot
  • Two or More Common Walls
  • Rural Setting
  • Density is up to 1 Unit/Acre

Home Design

  • Apartment

Interior Spaces

  • 3,528 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Listing and Financial Details

  • Tax Lot 72
  • Tax Tract Number 2556
  • Assessor Parcel Number 0603091350000

Community Details

Building Details

  • 6 Leased Units
  • Electric Expense $502
  • Fuel Expense $269
  • Gardener Expense $490
  • Maintenance Expense $7,892
  • Other Expense $1,473
  • Professional Management Expense $4,143
  • Trash Expense $998
  • Water Sewer Expense $1,067
  • Operating Expense $16,834
  • Net Operating Income $24,598

Additional Features

  • 6 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0.41 Acres

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 4143.00
  • Property Attached: Yes
  • Water Sewer Expenses: 1067.00
  • Zoning: JT/RM
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 490.00
  • Parcel Number: 0603091350000
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 103.88

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Other
  • Trash Expense: 998.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 17866.00

Multi Family

  • Electric Expense: 502.00
  • Fuel Expense: 269.00
  • Gross Scheduled Income: 41432.00
  • Maintenance Expense: 7892.00
  • Net Operating Income: 24598.00
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 16834.00
  • Other Expense: 1473.00
  • Rent Control: No
  • Total Actual Rent: 3715.00
  • Total Expenses: 16834.00

Tax Info

  • Tax Census Tract: 104.19
  • Tax Lot: 72
  • Tax Tract Number: 2556

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2017
Closed on
Feb 16, 2018
Sold by
Robertt Lisa
Bought by
Seller's Agent
Kim Suman
Corcoran Group of California Inc.
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$369,500
Sold Price
$366,500
Premium/Discount to List
-$3,000
-0.81%

Purchase Details

Listed on
Dec 30, 2017
Closed on
Feb 6, 2018
Sold by
Robertt Douglas
Bought by
John R Hosman Llc
Seller's Agent
Kim Suman
Corcoran Group of California Inc.
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$369,500
Sold Price
$366,500
Premium/Discount to List
-$3,000
-0.81%

Purchase Details

Closed on
Apr 8, 2013
Sold by
Marks Lisa Robin
Bought by
Robertt Douglas

Purchase Details

Closed on
May 20, 2005
Sold by
Oakwest College Square Llc
Bought by
Marks Sherrie Robertt and Sherrie Robertt Marks 1988 Trust

Purchase Details

Closed on
Oct 25, 2004
Sold by
Davis David W
Bought by
Oakwest College Square

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
5.65%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- First American Title Company
John R Hosman Llc $366,500 First American Title Company
Robertt Douglas $150,000 None Available
Marks Sherrie Robertt $432,000 First American
Oakwest College Square $325,000 First American
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
Previous Owner $900,000
Previous Owner Davis David W $65,000
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
02/22/2018 02/22/18 Sold $366,500 -0.8% $104 / Sq Ft
01/13/2018 01/13/18 Pending -- -- --
12/30/2017 12/30/17 For Sale $369,500 -- $105 / 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 $5,091 $425,354 $52,226 $373,128
2025 $5,091 $417,014 $51,202 $365,812
2024 $4,855 $408,837 $50,198 $358,639
2023 $4,761 $400,821 $49,214 $351,607
2022 $4,664 $392,962 $48,249 $344,713
2021 $4,612 $385,257 $47,303 $337,954
2020 $4,577 $381,307 $46,818 $334,489
2019 $4,842 $373,830 $45,900 $327,930
2018 $2,113 $162,342 $27,058 $135,284
2017 $2,092 $159,158 $26,527 $132,631
2016 $2,056 $156,037 $26,007 $130,030
2015 $2,013 $153,693 $25,616 $128,077
2014 $2,003 $150,682 $25,114 $125,568
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV17280691

California Regional Multiple Listing Service (CRMLS)
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