Seller's Agent in 2017
Eddie Hsu
New Century Commercial
(626) 285-8899
5 Total Sales
981 W C St Colton, CA 92324
11
Beds
9
Baths
4,732
Sq Ft
0.83
Acres
Highlights
- 0.83 Acre Lot
- Cooling System Mounted To A Wall/Window
- Tile Flooring
- No HOA
- Tile Countertops
- Wall Furnace
About This Home
As of September 2017GREAT INVESTMENT OPPORTUNITY IN A VERY WELL DESIRABLE RENTAL AREA OF COLTON. AN UP AND COMING COMMUNITY...
8 ONE BEDROOM ONE BATH UNITS WITH PRIVATE PATIOS WITH A TWO BEDROOM DETACHED HOUSE ON NEARLY AN ACRE LOT. PROPERTY HAS LOTS OF UPSIDES. NEWLY PAINTED AND MANY OF THE UNITS HAVE NEW TILE, LAMINATE & WOOD FLOORING. THIS PROPERTY IS CLOSE TO SCHOOLS, SHOPPING, CHURCHES AND FREEWAY ACCESS.
CURRENT RENTS AT $78,600.YEARLY EXPENSES AT $15,755. CAP RATE 8.4% *** PERFORMA: CAP RATE 10.55%. *** RENT CAN BE RAISED AT LEAST $150.00 PER MONTH PER UNIT. GROSS YEARLY: $94,800. ANNUAL EXP:$15,755. NET INCOME: $79,045.
Last Agent to Sell the Property
Keller Williams Realty License #01938608 Listed on: 08/27/2014
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 0.83 Acre Lot
- Two or More Common Walls
- Density is 6-10 Units/Acre
Parking
- 1 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Property Attached
Interior Spaces
- 4,732 Sq Ft Home
- 1-Story Property
Kitchen
- Gas Oven
- Gas Range
- Tile Countertops
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 11 Bedrooms
- 9 Bathrooms
Location
- Urban Location
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Conventional Septic
Listing and Financial Details
- Tax Lot 7,8
- Tax Tract Number 1901
- Assessor Parcel Number 0274152440000
Community Details
Overview
- No Home Owners Association
- 5 Buildings
- 9 Units
Building Details
- 9 Leased Units
- 10 Separate Electric Meters
- 10 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $2,400
- Insurance Expense $2,693
- Maintenance Expense $350
- Pest Control $200
- Trash Expense $1,752
- Water Sewer Expense $2,750
- New Taxes Expense $5,610
- Gross Income $6,550
- Net Operating Income $62,845
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/13/2017 09/13/17 | Sold | $1,050,000 | -11.0% | $220 / Sq Ft |
| 07/03/2017 07/03/17 | For Sale | $1,180,000 | +60.5% | $248 / Sq Ft |
| 04/30/2015 04/30/15 | Sold | $735,000 | -1.9% | $155 / Sq Ft |
| 03/04/2015 03/04/15 | Pending | -- | -- | -- |
| 08/27/2014 08/27/14 | For Sale | $749,000 | 0.0% | $158 / Sq Ft |
| 01/21/2014 01/21/14 | Rented | $675 | 0.0% | -- |
| 01/21/2014 01/21/14 | For Rent | $675 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Eddie Hsu
-
D
Buyer's Agent in 2017
Daniel Hernandez
Excellence RE Real Estate
(562) 714-3405
8 Total Sales
-
Irene Olsen
Seller's Agent in 2015
Irene Olsen
Keller Williams Realty
(714) 717-0912
7 Total Sales
-
James Y. Kuang
Buyer's Agent in 2015
James Y. Kuang
Standard Prosperity
(626) 371-5662
19 Total Sales
-
Jody Barnett
Seller's Agent in 2014
Jody Barnett
Barnett Real Estate
(714) 412-8098
3 in this area
61 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC14184556
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