NOT LISTED FOR SALE

815 Brookside Ave Redlands, CA 92373

South Redlands Neighborhood
12 Beds
6 Baths
4,524 Sq Ft
0.63 Acres

Last Sold December 29, 2022

Last sale price $1,500,000 $332 Per Sq Ft

23 Days on Market

Highlights

  • 0.63 Acre Lot
  • Laundry Room
  • Bike Trail
  • Cope Middle School Rated A-

About This Home

As of December 2022

Very unique 5 units apartment built separately one unit has 3 bedrooms 1.5 bathroom, one unit 3 bedrooms 1 bathroom, all three units has two bedrooms 1 bathroom. All units have their own washer/dryer , central AC and heating system, has four garages but huge yard front and back yard where tenants can park. It has also community open patio at the backyard. Property located across medical offices and other community businesses
closed to churches, commercial center and downtown Redlands. Profitable investment for new owner can ask for market rent rate. One unit has new roof. Seller will carry loan at 3.75 % interest rate with 20% down payment for 20 years .

Last Agent to Sell the Property

Patricia Conejos

Coldwell Banker Envision License #01294186 Listed on: 10/27/2022

Coldwell Banker Envision

Last Buyer's Agent

Patricia Conejos

Coldwell Banker Envision License #01294186 Listed on: 10/27/2022

Coldwell Banker Envision

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 0.63 Acre Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • 6 Carport Spaces
  • Parking Available
  • Rear-Facing Garage
  • Three Garage Doors
  • Gravel Driveway
  • Unpaved Parking

Home Design

  • 4,524 Sq Ft Home
  • Shingle Roof
  • Tile Roof

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 8 / O
  • Tax Tract Number 3756
  • Assessor Parcel Number 0172031520000
  • $3,000 per year additional tax assessments

Community Details

Overview

  • 5 Buildings
  • 5 Units

Recreation

  • Bike Trail

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,500
  • Insurance Expense $2,200
  • Trash Expense $1,800
  • Water Sewer Expense $4,200
  • Operating Expense $9,700
  • Gross Income $77,580
  • Net Operating Income $70,080

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 4200.00
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Gardener Expense: 1500.00
  • Parcel Number: 0172031520000
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 331.56

Exterior Features

  • Pool Private: No
  • Roof: Shingle, Tile

Garage/Parking

  • Carport Spaces: 6.00
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway, Gravel, Unpaved, Garage Faces Rear, Garage - Three Door
  • Total Parking Spaces: 10.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1800.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 27500.00
  • Lot Size Acres: 0.6313

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 920 Square Feet
  • Average3 Bed Area: 1100 Square Feet
  • Gross Income: 77580.00
  • Gross Scheduled Income: 77580.00
  • Insurance Expense: 2200.00
  • Lot Size Area: 27500.0000 Square Feet
  • Net Operating Income: 70080.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 7500.00
  • Rent Control: No
  • Total Expenses: 9700.00

Tax Info

  • Tax Block: O
  • Tax Census Tract: 83.01
  • Tax Lot: 8
  • Tax Tract Number: 3756
  • TaxOtherAnnualAssessmentAmount: 3000.00

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 Prior Sale
12/29/2022 12/29/22 Sold $1,500,000 0.0% $332 / Sq Ft
11/15/2022 11/15/22 Price Changed $1,500,000 -10.4% $332 / Sq Ft
10/27/2022 10/27/22 For Sale $1,675,000 +324.1% $370 / Sq Ft
05/03/2012 05/03/12 Sold $395,000 -12.0% $10 / Sq Ft View Prior Sale
03/23/2012 03/23/12 Pending -- -- --
09/07/2011 09/07/11 For Sale $449,000 -- $11 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $18,127 $1,560,600 $468,180 $1,092,420
2024 $18,127 $1,530,000 $459,000 $1,071,000
2023 $18,106 $1,500,000 $450,000 $1,050,000
2022 $5,778 $467,527 $227,254 $240,273
2021 $5,882 $458,360 $222,798 $235,562
2020 $5,796 $453,660 $220,513 $233,147
2019 $5,637 $444,764 $216,189 $228,575
2018 $5,499 $436,043 $211,950 $224,093
2017 $5,453 $427,493 $207,794 $219,699
2016 $5,393 $419,111 $203,720 $215,391
2015 $5,354 $412,816 $200,660 $212,156
2014 $5,259 $404,729 $196,729 $208,000
Source: Public Records

Agents Affiliated with this Home

  • Patricia Conejos

    Seller's Agent in 2022

    Patricia Conejos

    Coldwell Banker Envision

    (562) 881-4107

    1 in this area

    46 Total Sales

    Patricia Conejos
    Section Image

  • A

    Seller's Agent in 2012

    ANDREW HUXHOLD

    CENTURY 21 LOIS LAUER REALTY

    (909) 748-5158

    1 Total Sale

    ANDREW HUXHOLD
    Section Image

  • S

    Buyer's Agent in 2012

    STEVEN HETHCOAT

    DYNASTY REAL ESTATE

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22230571

California Regional Multiple Listing Service (CRMLS)

APN: 0172-031-52

California San Bernardino County Redlands 92373 South Redlands

815 Brookside Ave, Redlands, CA

Not Listed for Sale

MultiFamily

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