NOT LISTED FOR SALE
12 Beds
12 Baths
7,200 Sq Ft
0.81 Acre Lot

Sale Details

Date Sold: November 16, 2023

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

1 Day on Market

Highlights

  • Den
  • Laundry Room
  • Central Heating and Cooling System
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Hot Water Circulator

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
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2016

Lot Details

  • 35,106 Sq Ft 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

Amenities

  • Laundry Facilities

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

Year Built

Built in 2016

Lot Details

0.81 Acres

Parking

8

Listing Details

  • 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
  • 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2023
Closed on
Oct 26, 2023
Sold by
Bought by
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

Purchase Details

Closed on
Nov 11, 2014
Sold by
Bought by
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $750,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $22,491 $2,138,542 $749,088 $1,389,454
2025 $22,491 $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)
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