NOT LISTED FOR SALE
4 Beds
3 Baths
4,131 Sq Ft
0.31 Acres

Last Sold July 01, 2020

Last sale price $605,000 $146 Per Sq Ft

10 Days on Market

Highlights

  • 0.31 Acre Lot
  • Property is near public transit
  • Private Yard
  • Fireplace in Primary Bedroom
  • Wooded Lot
  • No HOA

About This Home

As of July 2020

Great investment opportunity to own a very well kept multifamily apartment building, on a corner lot in a quiet neighborhood in San Bernardino, CA. This 1920 built, Victorian style apartment contains 6 units, each unit has 2 beds and 1 bath except for unit #3 which contains 2 beds & 2 baths. Each unit has its own individual parking space, gas, electric, & water meters. This great complex is located close to the 215, 210, & 10 freeway, major shopping centers, and Cal State San Bernardino which makes for the perfect location to invest in!

Last Agent to Sell the Property

JOEL VALDIVIEZ

PAK HOME REALTY License #02015801 Listed on: 04/17/2020

PAK HOME REALTY

Last Buyer's Agent

JOEL VALDIVIEZ

PAK HOME REALTY License #02015801 Listed on: 04/17/2020

PAK HOME REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 0.31 Acre Lot
  • Two or More Common Walls
  • Chain Link Fence
  • Level Lot
  • Wooded Lot
  • Private Yard
  • Density is up to 1 Unit/Acre
  • Value in Land

Home Design

  • Apartment

Interior Spaces

  • 4,131 Sq Ft Home
  • 2-Story Property
  • Bay Window
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Fireplace in Kitchen
  • Laundry Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • 3 Bathrooms
  • Fireplace in Bathroom

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Outdoor Features

  • Fireplace in Patio

Location

  • Property is near public transit
  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 5 / 65
  • Tax Tract Number 65
  • Assessor Parcel Number 0140162010000

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • 5 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 6 Separate Water Meters
  • Insurance Expense $2,361
  • Trash Expense $1,457
  • New Taxes Expense $3,000
  • Operating Expense $6,818
  • Gross Income $58,200
  • Net Operating Income $51,442

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 0140162010000
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate
  • Fireplace Features: Bath, Family Room, Kitchen, Living Room, Master Bedroom, Patio
  • Levels: Two
  • Price Per Square Foot: 146.45
  • Window Features: Bay Window(s)

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1457.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Level, Near Public Transit, Treed Lot, Value In Land, Walkstreet, Yard
  • Lot Size Sq Ft: 13500.00
  • Lot Size Acres: 0.3099

Multi Family

  • Gross Income: 58200.00
  • Gross Scheduled Income: 58200.00
  • Insurance Expense: 2361.00
  • Lot Size Area: 13500.0000 Square Feet
  • Net Operating Income: 51442.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 6
  • Number Of Units Leased: 5
  • Number Of Units Total: 6
  • Operating Expense: 6758.00
  • Rent Control: No
  • Total Expenses: 6818.00

Tax Info

  • New Taxes Expense: 3000.00
  • Tax Block: 65
  • Tax Census Tract: 56.00
  • Tax Lot: 5
  • Tax Tract Number: 65

Range of Values:

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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
07/01/2020 07/01/20 Sold $605,000 -5.5% $146 / Sq Ft
04/27/2020 04/27/20 Pending -- -- --
04/17/2020 04/17/20 For Sale $640,000 -- $155 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20075387

California Regional Multiple Listing Service (CRMLS)