425 N 11th Ave, Upland, CA 91786
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425 N 11th Ave Upland, CA 91786

$2,700,000 Sold Price as of 04/30/2021
  • 18 Beds
  • 13 Baths
  • 9,425 Sq.Ft.
Sold
$2,700,000 Sold Price as of 04/30/2021 Refinance Your Mortgage

Map preview of 425 N 11th Ave, Upland, CA 91786

Property Overview: 425 N 11th Ave Upland, CA has 18 bedrooms, 13 bathrooms, 9,425 living square feet and 14,416 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Professionally managed, well maintained 13 unit apartment complex in a mostly single family residential neighborhood. Great location near the city hall, library, and downtown Upland. The complex building has a great unit mix of 5 2br/1ba, including one front house unit, and 8 1br/1ba units. The front unit has its own garage and driveway for 2 cars and laundry hook ups, the other units have reserved carports. There is an onsite coin laundry facility. All units are currently rented with long term tenants with lots of upside on rent. This is a rare opportunity to own an excellent investment property in a great neighborhood.

Listed by DANIEL HONG | BRE #01790683 | GRACE & GLORY REALTY
Last checked: 4 minutes ago | Last updated: June 16th, 2023 | Source CRMLS | DOM: 34

Home details

Lot Sq. Ft
14,416
HOA Dues
$0/mo
Year built
1952
Garage
1 Car
Property Type:
Multi Family
Status
Sold
MLS#
CV21014982
City
Upland
County
San Bernardino
Time on Site
1334 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 13
  • Total # of Buildings: 2
  • # of Electric Meters: 13
  • # of Gas Meters: 13
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,649
  • Total Rent: $1,649
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,396
  • Total Rent: $5,584
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 3
  • # of Units: 8
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,031
  • Total Rent: $8,248
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $173,515
  • Net Operating Income: $122,419
  • Gross Operating Income: --
  • Laundry Income: $500
  • Laundry Own/Lease: Lease
Annual Expense Breakdown
  • Total Operating Expense: $51,096
  • Electric: $535
  • Gas/Fuel: $635
  • New Taxes: $0
  • Trash: $4,166
  • Gardener: $1,680
  • Insurance: $3,300
  • Maintenance: $1,880
  • Professional Management: $0
  • Water/Sewer: $6,137

Property Details for 425 N 11th Ave

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 13
Lot Information
  • Lot Features: Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 13
  • Parcel Number: 1046441030000
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: East of E Arrow, North of E Washington Blvd.
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 425 N 11th Ave

Last sold for $2,700,000 on April 30th, 2021
  • June, 2023

  • Jun 16, 2023

    Date

    Expired

    CRMLS: CV23089552

    $3,450,000

    Price

  • May 22, 2023

    Date

    Active

    CRMLS: CV23089552

    $3,450,000

    Price

  • Listing provided courtesy of CRMLS

    The 11th Avenue apartments is located at 425 N. 11th Avenue in Upland, California. Situated in a Single-Family Residential Area and only 2 blocks away from San Antonio Hospital. Built in 1952, the property is situated on a lot size of 0.33 Acres and has approximately 9,425 rentable square feet. The two-story garden style building has a pitched composition roof and one laundry room. Said offering is comprised of 4 two-bedroom / one bathroom units and 8 one-bedroom / one-bathroom units. In addition, there is a two bedroom / one bathroom house with its own enclosed garage, driveway for 2 cars and laundry hook-ups. All units have updated vinyl windows, a gas oven/ stove, individual water heater, electric wall a/c & gas wall heater unit. Each unit is individually metered for gas & electricity and the landlord is responsible for water, sewer and trash.

  • April, 2021

  • Apr 30, 2021

    Date

    Sold

    CRMLS: CV21014982

    $2,700,000

    Price

  • Feb 27, 2021

    Date

    Pending

    CRMLS: CV21014982

    $2,780,000

    Price

  • Feb 12, 2021

    Date

    Active

    CRMLS: CV21014982

    $2,780,000

    Price

  • Feb 2, 2021

    Date

    Active Under Contract

    CRMLS: CV21014982

    $2,780,000

    Price

  • Jan 24, 2021

    Date

    Active

    CRMLS: CV21014982

    $2,780,000

    Price

  • November, 2011

  • Nov 9, 2011

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • October, 2011

  • Oct 17, 2011

    Date

    Sold (Public Records)

    Public Records

    $1,300,000

    Price

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Tax History for 425 N 11th Ave

Assessed Value (2020): $1,493,056
Year Land Value Improved Value Assessed Value
2020 $344,551 $1,148,505 $1,493,056

Home Value Compared to the Market

This property vs the competition

425 N 11th Ave sold on April 30, 2021 for 250.57% higher than the current median sold price for the city of Upland which is $793,000. The median sold price per/sqft for Upland is $447 and this home is sold at $294.96 per/sqft which puts the price per square foot 34.01% lower than the current median sale per square foot for the city of Upland.

About 425 N 11th Ave

Detailed summary of property

425 N 11th Ave is a multi family that recently sold in Upland, CA 91786. This multi family property offered 18 bedrooms, 13 bathrooms, roughly 9,425 living square feet, and sits on an approximately 14,416 square foot lot. 425 N 11th Ave was first listed on ArdentRealEstateGroup.com on January 24, 2021. The homeowner sold the property for $2,700,000. Home in Upland are selling for a median price of $793,000 and a median price per square foot of $447. Based on Ardent Real Estate Group's Upland Market Data, this home is sold 250.57% higher than the current median priced home. Local homes that are currently for sale include 12642 Kalnor Ave, 1998 E Villa St and 15408 Pioneer Blvd. While the average home in Upland, CA is selling in 48 days, 425 N 11th Ave has a days on market of 34 days. There are currently 160 homes for sale in the Upland real estate market and 127 of them are single family homes while 28 of them are condos and 5 are townhomes. For more information on this home for sale at 425 N 11th Ave Upland, CA 91786 contact Ardent Real Estate Group and we will put you in touch with one of our Upland agents.

Public Facts for 425 N 11th Ave

Public county record property details
Beds
--
Baths
--
Year built
1952
Sq. Ft.
9,425
Lot Size
14,416
Stories
2
Type
Apartments (Generic)
Pool
No
Spa
No
County
San Bernardino
Lot#
--
APN
1046-441-03-0000

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
$749,000
Median List Price/Sq.Ft.
$428
Median Sold Price
$727,000
Median Sold Price/Sq.Ft.
$447
Total Inventory
87
Median Sale to List Price %
98.91%
Avg Days on Market
19
Loan Type
Conventional (64%), FHA (4%), VA (0%), Cash (20%), Other (8%)

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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.