1232 W 11th St, Upland, CA 91786
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1232 W 11th St Upland, CA 91786

$975,000 Sold Price as of 08/15/2019
  • 8 Beds
  • 8 Baths
  • 4,024 Sq.Ft.
Sold
$975,000 Sold Price as of 08/15/2019 Refinance Your Mortgage

Map preview of 1232 W 11th St, Upland, CA 91786

Property Overview: 1232 W 11th St Upland, CA has 8 bedrooms, 8 bathrooms, 4,024 living square feet and 7,814 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Amazing opportunity to own a 4-unit multifamily income producing property in Upland! This quad-plex is located 1 block south of Foothill Blvd and is near public transportation, schools, parks, shopping and the 10 freeway. The property consists of 3 downstairs units and 1 upstairs unit. All units are leased, and residents take good care of their individual units and premises. The landlord is responsible for water/sewer/trash. The building has an on-site laundry room (equipment is separately vendored), central 100-gallon water heater (2018) for the four units and a privacy gate in front and rear of the property. Built 1964, new pitched composition roof 2018, new full exterior paint, privacy signage, all 2 bed/1.5 bath units, spacious floor plan, 1062 sq ft. (2), 950 sq ft (2), gas wall furnace, ceiling fans, wall A/C, enclosed patio's, fenced area for 3 of the 4 units, separately metered gas/electric, four car garages (each garage shared by 2 tenants) with tenant storage areas, seamless rain gutters, dual pane windows, copper plumbing installed in 2004, beautifully landscaped and well maintained courtyard. The current rents are approximately 20% below market and all the tenants are on month-to-month leases. Identical property located next door at 1226 W. 11th Street, Upland CA is also for Sale. The property is located in a desirable rental area in the City of Upland and the market vacancy is sub-three percent. Please Do Not Disturb the Tenants.

Listed by JESSICA EUBANKS | BRE #01911855 | SIMPLE REAL ESTATE GROUP
Co-listed by ALEX ODDO | BRE #01198905 | SIMPLE REAL ESTATE GROUP
Last checked: 5 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 21

Home details

Lot Sq. Ft
7,814
HOA Dues
$0/mo
Year built
1964
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
IV19149061
City
Upland
County
San Bernardino
Time on Site
1426 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $5,211
  • Total Rent: $5,211
  • Pro Forma/Market Rent: $5,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.3%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $62,540
  • Net Operating Income: $53,111
  • Gross Operating Income: $62,715
  • Laundry Income: $175
Annual Expense Breakdown
  • Total Operating Expense: $9,433
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $1,381
  • Trash: $1,452
  • Gardener: $1,050
  • Insurance: $1,300
  • Maintenance: $450
  • Water/Sewer: $3,800

Property Details for 1232 W 11th St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Garage, Garage Faces Rear
Lot Information
  • Lot Features: Landscaped, Near Public Transit, Park Nearby, Sprinkler System
  • Lot Size Source: Appraiser
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 1007211250000
  • Year Built Source: Appraiser
  • Property is Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Special Assessments
Location / Neighborhood
Location Information
  • Directions: North on Mountain, West on 11th
Neighborhood Information
  • Community Features: Sidewalks, Street Lights, Suburban
View more facts & features

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Sale History for 1232 W 11th St

Last sold on June 15th, 2020
  • June, 2020

  • Jun 15, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • August, 2019

  • Aug 21, 2019

    Date

    Sold

    CRMLS: IV19149061

    $975,000

    Price

  • Jul 17, 2019

    Date

    Pending

    CRMLS: IV19149061

    $999,999

    Price

  • Jun 26, 2019

    Date

    Active

    CRMLS: IV19149061

    $999,999

    Price

  • August, 2019

  • Aug 15, 2019

    Date

    Sold (Public Records)

    Public Records

    $975,000

    Price

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Tax History for 1232 W 11th St

Assessed Value (2020): $975,000
Year Land Value Improved Value Assessed Value
2020 $340,000 $635,000 $975,000

Home Value Compared to the Market

This property vs the competition

1232 W 11th St sold on August 15, 2019 for 27.23% higher than the current median sold price for the city of Upland which is $786,000. The median sold price per/sqft for Upland is $456 and this home is sold at $248.51 per/sqft which puts the price per square foot 45.5% lower than the current median sale per square foot for the city of Upland.

About 1232 W 11th St

Detailed summary of property

1232 W 11th St is a fourplex that recently sold in Upland, CA 91786. This fourplex offered 8 bedrooms, 8 bathrooms, roughly 4,024 living square feet, and sits on an approximately 7,814 square foot lot. 1232 W 11th St was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $975,000. Home in Upland are selling for a median price of $786,000 and a median price per square foot of $456. Based on Ardent Real Estate Group's Upland Market Data, this home is sold 27.23% higher than the current median priced home. Local homes that are currently for sale include 3856 Pontiac Ave, 110 Orange Grove Ave and 3876 Locust St. While the average home in Upland, CA is selling in 43 days, 1232 W 11th St has a days on market of 21 days. There are currently 140 homes for sale in the Upland real estate market and 108 of them are single family homes while 27 of them are condos and 5 are townhomes. For more information on this home for sale at 1232 W 11th St Upland, CA 91786 contact Ardent Real Estate Group and we will put you in touch with one of our Upland agents.

Public Facts for 1232 W 11th St

Public county record property details
Beds
--
Baths
--
Year built
1964
Sq. Ft.
2,964
Lot Size
7,813
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
San Bernardino
Lot#
25
APN
1007-211-25-0000

The source for these homes facts are from public records.

91786 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$709,000
Median List Price/Sq.Ft.
$441
Median Sold Price
$700,000
Median Sold Price/Sq.Ft.
$470
Total Inventory
77
Median Sale to List Price %
97.49%
Avg Days on Market
18
Loan Type
Conventional (39.29%), FHA (3.57%), VA (14.29%), Cash (25%), Other (17.86%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.