NOT LISTED FOR SALE

876 Sycamore Ct Upland, CA 91786

Estimated Value: $919,000 - $1,053,000

2 Beds
1 Bath
2,516 Sq Ft
$403/Sq Ft Est. Value

Last Sold April 05, 2018

Last sale price $655,000 $260 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $6,064/month

39 Days on Market

Highlights

  • Peek-A-Boo Views
  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • No HOA
  • Living Room
  • Chain Link Fence

About This Home

As of April 2018

Opportunity Awaits - Great location for an income producing property

This investment is a 3-unit apartment building located in the strong rental market of Upland, California within the greater Inland Empire area. Each unit has two bedroom/one-bath, living room, kitchen w/dining area, indoor laundry, wall A/C, 1 car garage in the back with private patio and green area with trees in front.

Building square footage totals 2,516, built on a 0.18-acre lot. Each unit has its own separate gas and electric meters. Property has been maintained with valuable upgrades done; new windows, fresh exterior paint and some inside updating.

This investment is located within walking distance of Upland Town Square and a short drive to the Interstate-10 and State Route 60, providing tenants with convenient access to entertainment and restaurants. This location offers high visibility in an area known for its strong tenancy, stable rent growth and a historically high occupancy rate. Making it a must see.

Last Agent to Sell the Property

TERESA MCKEAN

CENTURY 21 EXPERIENCE License #01328580 Listed on: 01/12/2018

CENTURY 21 EXPERIENCE

Last Buyer's Agent

Belinda Hernandez

T.N.G. Real Estate Consultants License #01127766

T.N.G. Real Estate Consultants

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,181

Year Built

  • Built in 1957 | Remodeled

Lot Details

  • 7,680 Sq Ft Lot
  • Two or More Common Walls
  • Chain Link Fence
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage
  • Parking Available

Home Design

  • Triplex
  • Stucco

Interior Spaces

  • 2,516 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Living Room
  • Peek-A-Boo Views
  • Gas Range
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 10
  • Tax Tract Number 4371
  • Assessor Parcel Number 1047192100000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Gardener Expense $1,200
  • Insurance Expense $1,200
  • Water Sewer Expense $840
  • New Taxes Expense $7,324
  • Operating Expense $9,364
  • Net Operating Income $27,838

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,181

Year Built

Built in 1957 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 840.00
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 1047192100000
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Accessibility Features: See Remarks
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 260.33
  • Room Type: All Bedrooms Down, Entry, Kitchen, Living Room

Exterior Features

  • View: Peek-A-Boo
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Private
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Gas Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7680.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Average2 Bed Area: 850 Square Feet
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 27838.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Range: 3
  • Operating Expense: 8162.00
  • Rent Control: No
  • Total Actual Rent: 2900.00
  • Total Expenses: 9364.00

Tax Info

  • New Taxes Expense: 7324.00
  • Tax Census Tract: 9.04
  • Tax Lot: 10
  • Tax Tract Number: 4371

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2018
Closed on
Feb 27, 2018
Sold by
Abader Engy
Bought by
Basilious Nabil
Seller's Agent
TERESA MCKEAN
CENTURY 21 EXPERIENCE
Buyer's Agent
Belinda Hernandez
T.N.G. Real Estate Consultants
List Price
$695,900
Sold Price
$655,000
Premium/Discount to List
-$40,900
-5.88%
Total Days on Market
39
Current Estimated Value
$1,014,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$359,165
Avg. Annual Appreciation
6.32%
Original Mortgage
$491,250
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 12, 2018
Closed on
Feb 21, 2018
Sold by
Arellano Dolores L
Bought by
Basilious Nabil
Seller's Agent
TERESA MCKEAN
CENTURY 21 EXPERIENCE
Buyer's Agent
Belinda Hernandez
T.N.G. Real Estate Consultants
List Price
$695,900
Sold Price
$655,000
Premium/Discount to List
-$40,900
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$491,250
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2006
Sold by
Luna Luz M
Bought by
Luna Luz M and Luz M Luna Revocable Trust

Purchase Details

Closed on
Nov 4, 2003
Sold by
Turner Dennis
Bought by
Luna Luz M and The Luna Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,700
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2002
Sold by
Turner Dennis and Turner Regina
Bought by
Turner Dennis and Turner Regina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2001
Sold by
Hoffman Alan S
Bought by
Turner Dennis R and Turner Regina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,500
Interest Rate
6.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 7, 1996
Sold by
Antonoplis Robert G
Bought by
Hoffman Alan S and Hoffman Wendy Lynne
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Basilious Nabil -- Orange Coast Title Company
Basilious Nabil $655,000 Orange Coast Title Company
Luna Luz M -- None Available
Luna Luz M $353,000 United Title
Turner Dennis -- United Title Company
Turner Dennis R -- Southland Title
Hoffman Alan S -- United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Basilious Nabil $484,500
Closed Basilious Nabil $491,250
Previous Owner Luna Luz M $149,700
Previous Owner Turner Dennis $66,500
Previous Owner Turner Dennis R $66,500
Previous Owner Turner Dennis R $100,000
Previous Owner Turner Dennis R $69,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2018 04/05/18 Sold $655,000 -1.9% $260 / Sq Ft
02/01/2018 02/01/18 Price Changed $668,000 -4.0% $266 / Sq Ft
01/12/2018 01/12/18 For Sale $695,900 -- $277 / 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
2024 $8,181 $730,665 $256,569 $474,096
2023 $7,951 $716,338 $251,538 $464,800
2022 $7,843 $702,292 $246,606 $455,686
2021 $7,791 $688,522 $241,771 $446,751
2020 $7,652 $681,462 $239,292 $442,170
2019 $7,588 $668,100 $234,600 $433,500
2018 $5,102 $441,097 $218,674 $222,423
2017 $4,920 $432,448 $214,386 $218,062
2016 $4,564 $423,968 $210,182 $213,786
2015 $4,534 $417,600 $207,025 $210,575
2014 $4,393 $409,420 $202,970 $206,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18009001

California Regional Multiple Listing Service (CRMLS)

APN: 1047-192-10