NOT LISTED FOR SALE

9159 7th St Unit 1-4 Rancho Cucamonga, CA 91730

Estimated Value: $2,105,000 - $2,572,000

12 Beds
12 Baths
7,200 Sq Ft
$321/Sq Ft Est. Value

Last Sold November 16, 2023

Last sale price $2,055,500 $285 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $14,080/month

1 Day on Market

Highlights

  • 0.81 Acre Lot
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Den
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of November 2023

Great opportunity to own a single level 4-plex income property located in a secluded cul-de-sac in Rancho Cucamonga. The property consists of 1 detached unit and 3 attached units all having a similar floor plan. Each unit is 1800 square feet. The units consist of 3 bedrooms and 3 full baths with an attached 2 car garage and extra parking. There is an oversized office/den with a closet for extra storage. These single level units have an open kitchen and living room area. This feature gives an investor a larger tenant pool when leasing. The units have a gated private yard. The community has a common area, including a basketball hoop and picnic eating area for all the tenants to enjoy. All units are currently leased and occupied.

Last Agent to Sell the Property

Jim Moran

Moran Real Estate Inc. License #01425464 Listed on: 10/16/2023

Last Buyer's Agent

Shane Childs

BERKSHIRE HATH HM SVCS CA PROP License #01463068

BERKSHIRE HATH HM SVCS CA PROP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,894

Year Built

  • Built in 2016

Lot Details

  • 0.81 Acre Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 8 Car Garage
  • 10 Open Parking Spaces
  • Parking Available
  • Driveway

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 7,200 Sq Ft Home
  • 1-Story Property
  • Den
  • Laminate Flooring

Kitchen

  • Electric Range
  • Free-Standing Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 12 Bedrooms
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • 12 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • 220 Volts In Laundry

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • 220 Volts in Garage
  • Hot Water Circulator
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Tract Number 18794
  • Assessor Parcel Number 0209161250000

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,000
  • Trash Expense $300
  • Water Sewer Expense $1,200
  • Operating Expense $39,700
  • Gross Income $132,324
  • Net Operating Income $92,624

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,894

Year Built

Built in 2016

Lot Details

0

Parking

8

Listing Details

  • Other Phone Description: 6266444426
  • Price Per Unit: 525000
  • Property Attached: Yes
  • Water Sewer Expenses: 1200.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 0209161250000
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: main floor
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 285.49
  • Room Type: All Bedrooms Down, Den, Jack & Jill, Laundry, Walk-In Closet

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 18.00
  • Uncovered Spaces: 10.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Free-Standing Range, Disposal, Hot Water Circulator
  • Electric: 220 Volts in Garage, 220 Volts in Laundry
  • Heating Type: Central, Electric, Heat Pump
  • Laundry Features: Dryer Included, Electric Dryer Hookup, Individual Room, Inside, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 300.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 35106.00
  • Lot Size Acres: 0.8059
  • Latitude Manual: 34.08808100

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Gross Income: 132324.00
  • Gross Scheduled Income: 132324.00
  • Insurance Expense: 3000.00
  • Lot Size Area: 35106.0000 Square Feet
  • Net Operating Income: 92624.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Operating Expense: 39700.00
  • Operating Expense Percent: 30.00
  • Rent Control: No
  • Total Actual Rent: 11027.00
  • Total Expenses: 39700.00

Tax Info

  • Tax Tract Number: 18794

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2023
Closed on
Oct 26, 2023
Sold by
Wf Peron Llc
Bought by
Kidder Investments Llc
Seller's Agent
Jim Moran
Moran Real Estate Inc.
Buyer's Agent
Shane Childs
BERKSHIRE HATH HM SVCS CA PROP
List Price
$2,100,000
Sold Price
$2,055,500
Premium/Discount to List
-$44,500
-2.12%
Views
10
Current Estimated Value
$2,311,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,942
Avg. Annual Appreciation
6.34%

Purchase Details

Closed on
Nov 11, 2014
Sold by
Dct 8Th & Vineyard Llc
Bought by
Wf Feron Llc
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Kidder Investments Llc $2,055,500 Old Republic Title
Wf Feron Llc $100,000 First American
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2023 11/16/23 Sold $2,055,500 -2.1% $285 / Sq Ft
10/17/2023 10/17/23 Pending -- -- --
10/16/2023 10/16/23 For Sale $2,100,000 -- $292 / 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 $21,894 $2,096,610 $734,400 $1,362,210
2024 $21,894 $2,055,500 $720,000 $1,335,500
2023 $12,400 $1,154,484 $115,520 $1,038,964
2022 $12,180 $1,131,847 $113,255 $1,018,592
2021 $12,077 $1,109,654 $111,034 $998,620
2020 $11,863 $1,098,275 $109,895 $988,380
2019 $11,801 $1,076,740 $107,740 $969,000
2018 $11,511 $1,055,627 $105,627 $950,000
2017 $1,389 $103,556 $103,556 $0
2016 $1,375 $101,525 $101,525 $0
2015 $3,857 $330,802 $330,802 $0
2014 $3,750 $324,322 $324,322 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR23192325

California Regional Multiple Listing Service (CRMLS)

APN: 0209-161-25