NOT LISTED FOR SALE

901 Deer Trail Crestline, CA 92325

5 Beds
5 Baths
2,424 Sq Ft
10,600 Sq Ft Lot

Last Sold November 06, 2020

Last sale price $515,000 $212 Per Sq Ft

88 Days on Market

Highlights

  • Fireplace in Kitchen
  • Carpet
  • 2-minute walk to Andy Fletcher Park
  • Laundry Room
  • Wall Furnace

About This Home

As of November 2020

Unique and rare opportunity for an apartment rental building in the unincorporated area in the San Bernardino Mountains in the quaint resort town of Crestline. The site is on 2 adjoining lots conveniently located in Top Town, close to stores, Lake Gregory and a short commute down the mountain. One building with 5 units all currently occupied with long term tenants. Each unit has its own gas and electric meter with a separate meter for gas and electric for the common areas such as the separate tenant laundry facility. 5 off-street parking spaces, separate trash receptacle and storage area for each unit and common decking front and back. Each unit has newer dual pane windows, cabinets, and some have window air conditioning. Many other upgrades have been completed throughout the current ownership. High demand location since many residents prefer to live in the mountains and drive the short commute down the 4-lane highway to work in the city. Great opportunity!

Last Agent to Sell the Property

Vicky Center

WHEELER STEFFEN SOTHEBY'S INTERNATIONAL REALTY License #01025785 Listed on: 07/04/2020

WHEELER STEFFEN SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Jeffrey Wolslger

WSR REAL ESTATE License #01253398

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 10,600 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • 2,424 Sq Ft Home
  • Property Attached
  • Brick Exterior Construction
  • Composition Roof

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Wall Furnace
  • Natural Gas Connected

Additional Features

  • Fireplace in Kitchen
  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas, telephone
  • Tax Lot 869
  • Tax Tract Number 1770
  • Assessor Parcel Number 0338151340000

Community Details

Building Details

  • 5 Leased Units
  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $540
  • Fuel Expense $900
  • Insurance Expense $1,736
  • Trash Expense $1,200
  • Water Sewer Expense $1,170
  • New Taxes Expense $3,306
  • Operating Expense $10,940
  • Net Operating Income $30,484

Additional Features

  • 5 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1170.00
  • Zoning: CF/RS-14M
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 0338151340000
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Fireplace Features: Kitchen
  • Price Per Square Foot: 212.46

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Brick

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Dryer Included, Gas Dryer Hookup, Individual Room, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10600.00
  • Lot Size Acres: 0.2433

Rental Info

  • Tenant Pays: Electricity, Gas, Telephone

Multi Family

  • Electric Expense: 540.00
  • Fuel Expense: 900.00
  • Gross Scheduled Income: 42600.00
  • Insurance Expense: 1736.00
  • Lot Size Area: 10600.0000 Square Feet
  • Net Operating Income: 30484.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Number With Dishwasher: 5
  • Number With Disposal: 5
  • Number With Range: 5
  • Operating Expense: 11264.00
  • Other Expense Description: fire etc
  • Rent Control: Yes
  • Total Expenses: 10940.00

Tax Info

  • New Taxes Expense: 3306.00
  • Tax Census Tract: 108.03
  • Tax Lot: 869
  • Tax Tract Number: 1770

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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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
11/06/2020 11/06/20 Sold $515,000 0.0% $212 / Sq Ft View Prior Sale
11/06/2020 11/06/20 Sold $515,000 -6.4% $212 / Sq Ft
10/01/2020 10/01/20 Pending -- -- --
09/30/2020 09/30/20 Pending -- -- --
07/04/2020 07/04/20 For Sale $550,000 0.0% $227 / Sq Ft
02/20/2007 02/20/07 For Sale $550,000 -- $227 / 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 $7,069 $556,369 $111,490 $444,879
2024 $7,069 $545,460 $109,304 $436,156
2023 $6,986 $534,765 $107,161 $427,604
2022 $6,867 $524,280 $105,060 $419,220
2021 $6,773 $214,756 $40,141 $174,615
2020 $3,214 $212,554 $39,729 $172,825
2019 $3,145 $208,386 $38,950 $169,436
2018 $3,036 $204,300 $38,186 $166,114
2017 $2,990 $200,294 $37,437 $162,857
2016 $2,914 $196,367 $36,703 $159,664
2015 $2,928 $193,418 $36,152 $157,266
2014 $2,889 $189,629 $35,444 $154,185
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV20130788

California Regional Multiple Listing Service (CRMLS)