7120 Perris Hill Rd San Bernardino, CA 92404
Pacific Neighborhood
13
Beds
8
Baths
4,309
Sq Ft
7,600
Sq Ft Lot
Highlights
- Laundry Room
- 4 Detached Carport Spaces
- 1-Story Property
About This Home
As of April 2025Highlights: Probate Trust Sale / ProForma CAP Rate of 7.07% Achieved at Market Rent. / Over $200,000 in Recent Capital Improvements / Four Spacious Units: Three (3) large 3-bedroom units and one (1) expansive detached single family residence of 4-bedrooms / Fully Renovated Interiors: All units feature new tile flooring, fresh paint, modern kitchen cabinets, sleek countertops, and brand-new windows throughout. / Recent Exterior Upgrades: Includes a newly replaced roof and carport roof for added durability and curb appeal / Income Potential: Tremendous upside in rentalincome, making it an excellent investment opportunity. / FHA Financing Option: Eligible for FHA financing with just 3.5% down, allowing owner-occupants to possibly live in the detached 4-bedroom home and rent the 3-bedroom units to offset their mortgage. / Move-In Ready: No immediate updates needed ready for tenants or owner-occupants!
Last Agent to Sell the Property
LE INVESTMENT GROUP Brokerage Phone: 909-256-7889 License #01468313 Listed on: 11/22/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,602
Year Built
- Built in 1936
Lot Details
- 7,600 Sq Ft Lot
- 1 Common Wall
- Density is 2-5 Units/Acre
Home Design
- Quadruplex
Interior Spaces
- 4,309 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 13 Bedrooms
- 8 Bathrooms
Parking
- 4 Parking Spaces
- 4 Detached Carport Spaces
- Parking Available
Outdoor Features
- Rain Gutters
Listing and Financial Details
- Legal Lot and Block 21 / 2
- Tax Tract Number 1964
- Assessor Parcel Number 0273192010000
- $1,196 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,250
- Trash Expense $3,600
- Water Sewer Expense $3,600
- New Taxes Expense $13,498
- Operating Expense $26,848
- Gross Income $109,200
- Net Operating Income $76,892
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 22, 2024
Closed on
May 16, 2025
Sold by
Harris Georgette
Bought by
Harris-Chin Revocable Trust and Harris
Seller's Agent
Albert Le
LE INVESTMENT GROUP
Buyer's Agent
ROCIO VALENZUELA
Wedgewood Homes Realty
List Price
$1,088,000
Sold Price
$1,050,000
Premium/Discount to List
-$38,000
-3.49%
Views
98
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,165
Avg. Annual Appreciation
-3.70%
Purchase Details
Listed on
Nov 22, 2024
Closed on
Feb 20, 2025
Sold by
Chin Lloyd Anthony
Bought by
Harris Georgette
Seller's Agent
Albert Le
LE INVESTMENT GROUP
Buyer's Agent
ROCIO VALENZUELA
Wedgewood Homes Realty
List Price
$1,088,000
Sold Price
$1,050,000
Premium/Discount to List
-$38,000
-3.49%
Views
98
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
6.63%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 13, 2025
Sold by
David T Yang Living Trust and Yang Kent Kai-Hsiung
Bought by
Harris Georgette
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
6.63%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 21, 2024
Sold by
Yang David T
Bought by
David T Yang Living Trust and Yang
Purchase Details
Listed on
Nov 18, 2014
Closed on
Jun 9, 2015
Sold by
Recano Jorge L
Bought by
Yang David T
Seller's Agent
JOSEPH PASSERINO
IPS COMMERCIAL CAPITAL
Buyer's Agent
Jamie Anvaripour
Estate Properties
List Price
$412,000
Sold Price
$375,000
Premium/Discount to List
-$37,000
-8.98%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.55%
Original Mortgage
$262,500
Interest Rate
3.85%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 20, 2000
Sold by
Bank Of New York
Bought by
Recano Jorge L
Purchase Details
Closed on
Jan 28, 2000
Sold by
Fernandez Ernie
Bought by
Mortgage Pass Through Certificates Serie
Purchase Details
Closed on
Mar 3, 1998
Sold by
Hamilton Gary W
Bought by
Fernandez Ernie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,250
Interest Rate
10%
Purchase Details
Closed on
Jul 19, 1995
Sold by
Fernandez Bernie J
Bought by
Hamilton Gary W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.59%
Purchase Details
Closed on
Jan 19, 1995
Sold by
Li You Ming Huei and Li Hsiu Chih Yao
Bought by
Fernandez Bernie J
Purchase Details
Closed on
Jun 21, 1994
Sold by
Fernandez Rebecca
Bought by
Fernandez Bernie J
Similar Homes in San Bernardino, CA
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Grant Deed | -- | Ticor Title | |
| Grant Deed | $1,050,000 | Ticor Title | |
| Grant Deed | -- | None Listed On Document | |
| Grant Deed | $375,000 | Fidelity National Title Co | |
| Grant Deed | $110,000 | United Title | |
| Interfamily Deed Transfer | -- | United Title | |
| Trustee Deed | $100,000 | Landsafe Title | |
| Grant Deed | $165,000 | Investors Title Company | |
| Grant Deed | $150,000 | Investors Title Company | |
| Grant Deed | -- | First American Title Ins Co | |
| Interfamily Deed Transfer | -- | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $840,000 | New Conventional | |
| Previous Owner | $262,500 | New Conventional | |
| Previous Owner | $46,000 | Stand Alone Second | |
| Previous Owner | $140,250 | No Value Available | |
| Previous Owner | $135,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/21/2025 04/21/25 | Sold | $1,050,000 | -3.5% | $244 / Sq Ft |
| 02/11/2025 02/11/25 | Pending | -- | -- | -- |
| 11/22/2024 11/22/24 | For Sale | $1,088,000 | +190.1% | $252 / Sq Ft |
| 07/17/2015 07/17/15 | Sold | $375,000 | -9.0% | $87 / Sq Ft |
| 07/17/2015 07/17/15 | Pending | -- | -- | -- |
| 11/18/2014 11/18/14 | For Sale | $412,000 | -- | $96 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $5,602 | $784,000 | $234,000 | $550,000 |
| 2024 | $5,602 | $435,219 | $87,044 | $348,175 |
| 2023 | $5,463 | $426,685 | $85,337 | $341,348 |
| 2022 | $5,475 | $418,319 | $83,664 | $334,655 |
| 2021 | $5,488 | $410,117 | $82,024 | $328,093 |
| 2020 | $5,505 | $405,912 | $81,183 | $324,729 |
| 2019 | $5,339 | $397,953 | $79,591 | $318,362 |
| 2018 | $5,197 | $390,150 | $78,030 | $312,120 |
| 2017 | $5,040 | $382,500 | $76,500 | $306,000 |
| 2016 | $4,891 | $375,000 | $75,000 | $300,000 |
| 2015 | $1,924 | $137,915 | $18,805 | $119,110 |
| 2014 | $1,853 | $135,214 | $18,437 | $116,777 |
Source: Public Records
Agents Affiliated with this Home
-
Albert Le
Seller's Agent in 2025
Albert Le
LE INVESTMENT GROUP
(909) 256-7889
1 in this area
26 Total Sales
-
ROCIO VALENZUELA
Buyer's Agent in 2025
ROCIO VALENZUELA
Wedgewood Homes Realty
(909) 851-3846
4 in this area
113 Total Sales
-
J
Seller's Agent in 2015
JOSEPH PASSERINO
IPS COMMERCIAL CAPITAL
-
Jamie Anvaripour
Buyer's Agent in 2015
Jamie Anvaripour
RE/MAX
(310) 308-9996
12 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV24239161
APN: 0273-192-01
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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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