1520 Sepulveda Ave San Bernardino, CA 92404

$1,010,000 Sold Price as of 11/10/2020

-- Beds
-- Baths
6,804 Sq.Ft.

Off Market

$1,010,000 Sold Price as of 11/10/2020 Refinance Your Mortgage

Map preview of 1520 Sepulveda Ave, San Bernardino, CA 92404

Property Overview: 1520 Sepulveda Ave San Bernardino, CA has -- bedrooms, -- bathrooms, 6,804 living square feet and 18,600 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1520 Sepulveda Ave is currently an off market home in the city of San Bernardino. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of San Bernardino has a median list price of $489,369. The median price per/sqft for San Bernardino is $348. With those numbers in mind, if you are looking to purchase a median priced home in San Bernardino, CA and put 20% down you will need to save up $97,874 for the down payment and will need roughly $9,788 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in San Bernardino the commission could be as much as $25,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1520 Sepulveda Ave

Last sold for $1,010,000 on November 10th, 2020

November, 2023
Nov 17, 2023

Date

Expired

CRMLS: CV23156202

$1,450,000

Price
Aug 22, 2023

Date

Active

CRMLS: CV23156202

$1,450,000

Price
Listing provided courtesy of CRMLS

CBRE is pleased to present investors with the opportunity to acquire Sandalwood West located in San Bernardino, California. This property was built in 1966 and features 8 promising units, offering 4 onebedroom/ one-bathroom, and 4 two-bedroom/one-bathroom units. This property is located south of the 210 freeway and walking distance to public transits, retail, restaurants, schools, and parks.

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November, 2020
Nov 11, 2020

Date

Sold

CRMLS: IV20065875

$1,010,000

Price
Nov 9, 2020

Date

Pending

CRMLS: IV20065875

$1,020,000

Price
Sep 11, 2020

Date

Active Under Contract

CRMLS: IV20065875

$1,020,000

Price
Jul 10, 2020

Date

Price Change

CRMLS: IV20065875

$1,020,000

Price
May 5, 2020

Date

Active

CRMLS: IV20065875

$1,040,000

Price
Apr 14, 2020

Date

Active Under Contract

CRMLS: IV20065875

$1,040,000

Price
Mar 30, 2020

Date

Active

CRMLS: IV20065875

$1,040,000

Price
Listing provided courtesy of CRMLS

$20,000 Price Reduction. 100% Rent Collections During Pandemic. 6 OF THE 8 Tenants are on Section 8. - New Water Heater, Majority of Roofs Replaced Less Than 5 Years Ago, New Carports, 15-20K Invested in Improvements. - Offering Actual CAP Rate of 5.46 % / Impressive ProForma CAP Rate of 7.00 % • ProForma CAP Rate Based on Raising Rents to Current Market Rental Rates - 6 of 8 tenants on Section 8 (Guaranteed Rent) 7% rental increases Approved with Section 8 - 100 % Occupied With Long Term Tenants. Conservative 15-20% - First Time to The Market In Twelve (12) + Years. Pride Of Ownership. - Extra Large Units! Garden Style, Two Story Units. Private Rear Yard, Well Maintained Landscaped Social Area For Tenants and Onsite Laundry - Offering Actual GRM of 11.77, With a ProForma GRM of 9.10 / Possible Source of Additional Income With 10 Garages / Storage Units. The Sandalwood Apartments are located in a well established, majority single family neighborhood. The attractive unit mix is composed of Four (4) one bedroom / one bathroom units, and four (4) extra large two bedroom / two bathroom units. The property has been well maintained throughout ownership (12+ years) and has little to no differed maintenance. The property features attached garages consisting of four (4) 2-Car garages and two (2) single car garages/store units, private patios/balconies, window/wall air-condition and heating and a nicely landscaped private rear yard, garden area for tenants.

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November, 2020
Nov 10, 2020

Date

Sold (Public Records)

Public Records

$1,010,000

Price
May, 2008
May 21, 2008

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 1520 Sepulveda Ave

Assessed Value (2020): $816,713

Year	Land Value	Improved Value	Assessed Value
2020	$96,084	$720,629	$816,713

About 1520 Sepulveda Ave

Detailed summary of property

1520 Sepulveda Ave is categorized with a use code of Apartments (Generic) in San Bernardino, CA 92404 and last sold on November 10, 2020 for $1,010,000. This property has -- bedrooms, -- bathrooms, roughly 6,804 living square feet, and sits on an approximately 18,600 square foot lot. Homes in San Bernardino are selling for a median price of $500,000 and a median price per square foot of $361. Based on Ardent Real Estate Group's San Bernardino Market Data, this home is sold 102% higher than the current median priced home. 1520 Sepulveda Ave was last sold on November 10, 2020 for $1,010,000. Local nearby listings include 432 W 14th St, 158 W 10th St and 215 W 23rd St. The average home in San Bernardino, CA is selling in 58 days. There are currently 449 homes for sale in the San Bernardino real estate market and 407 of them are single family homes while 38 of them are condos and 4 are townhomes. If you are the homeowner and looking to sell the home at 1520 Sepulveda Ave San Bernardino, CA 92404 contact Ardent Real Estate Group and we will put you in touch with one of our San Bernardino agents.

Public Facts for 1520 Sepulveda Ave

Public county record property details

Beds: --
Baths: --
Year built: 1966
Sq. Ft.: 6,804
Lot Size: 18,600
Stories: 2

Type: Apartments (Generic)
Pool: No
Spa: No
County: San Bernardino
Lot#: 14
APN: 0146-142-13-0000

The source for these homes facts are from public records.

92404 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$489,000

Median List Price/Sq.Ft.

$327

Median Sold Price

$515,000

Median Sold Price/Sq.Ft.

$335

Total Inventory

130

Median Sale to List Price %

100.98%

Avg Days on Market

Loan Type

Conventional (36.36%), FHA (51.52%), VA (3.03%), Cash (3.03%), Other (6.06%)

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(714) 706-1823

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