659 Richland St, Upland, CA 91786
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659 Richland St Upland, CA 91786

$975,000 Sold Price as of 01/02/2020
  • 8 Beds
  • 8 Baths
  • 3,200 Sq.Ft.
Sold
$975,000 Sold Price as of 01/02/2020 Refinance Your Mortgage

Map preview of 659 Richland St, Upland, CA 91786

Property Overview: 659 Richland St Upland, CA has 8 bedrooms, 8 bathrooms, 3,200 living square feet and 8,174 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Beautiful, well-maintained, 4-unit property with plenty of upsides. At about 5% CAP Rate, this is also a very good investment property with lots of upsides. Conveniently located with easy access to schools, parks, shopping, restaurants and just minutes to Freeway 10. This is a gated property with private yards. Great, loyal, long-term tenants with low rents. 100% occupancy in the last 3+ years. All 4 units are 2 bedrooms and 1.5 baths each (not 2 full baths). There are 4 enclosed parking spaces and 4 open parking spaces; 2 parking spaces for each unit. There are recent renovations done on the property which includes new kitchen and AC unit to unit B with laminated wood floors; and new toilets, new paint, new tubs to other units, and a new community dryer replaced in 2017. Additional laundry income; very low maintenance costs. Great long-term tenants. Don't miss out this great opportunity to own one of the best-prized properties out there.

Listed by Ashley Lutran | BRE #01478038 | Berkshire Hathaway Home Srvcs
Last checked: 21 seconds ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 18

Home details

Lot Sq. Ft
8,174
HOA Dues
$0/mo
Year built
1983
Garage
4 Car
Property Type:
Apartment
Status
Sold
MLS#
TR19256016
City
Upland
County
San Bernardino
Time on Site
1398 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $62,400
  • Net Operating Income: $48,095
  • Gross Operating Income: --
  • Laundry Income: $1,200
Annual Expense Breakdown
  • Total Operating Expense: $14,305
  • Electric: $240
  • Gas/Fuel: $300
  • New Taxes: $7,089
  • Trash: $1,790
  • Gardener: $600
  • Insurance: $1,165
  • Water/Sewer: $2,796
  • Other Expenses: $322
  • Other Expense Description: fire dep

Property Details for 659 Richland St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Individual Room
Interior Features
  • Levels: One
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
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 1047221450000
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: North of Fwy 10 between Euclid & Campus
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

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Sale History for 659 Richland St

Last sold for $975,000 on January 2nd, 2020
  • January, 2020

  • Jan 2, 2020

    Date

    Sold

    CRMLS: TR19256016

    $975,000

    Price

  • Dec 30, 2019

    Date

    Pending

    CRMLS: TR19256016

    $988,000

    Price

  • Nov 19, 2019

    Date

    Active Under Contract

    CRMLS: TR19256016

    $988,000

    Price

  • Nov 1, 2019

    Date

    Active

    CRMLS: TR19256016

    $988,000

    Price

  • January, 2020

  • Jan 2, 2020

    Date

    Sold (Public Records)

    Public Records

    $975,000

    Price

  • March, 2007

  • Mar 16, 2007

    Date

    Sold (Public Records)

    Public Records

    $780,000

    Price

Show More

Tax History for 659 Richland St

Assessed Value (2020): $675,600
Year Land Value Improved Value Assessed Value
2020 $187,700 $487,900 $675,600

Home Value Compared to the Market

This property vs the competition

659 Richland St sold on January 2, 2020 for 20.86% higher than the current median sold price for the city of Upland which is $817,500. The median sold price per/sqft for Upland is $452 and this home is sold at $308.75 per/sqft which puts the price per square foot 31.69% lower than the current median sale per square foot for the city of Upland.

About 659 Richland St

Detailed summary of property

659 Richland St is a apartment that recently sold in Upland, CA 91786. This apartment offered 8 bedrooms, 8 bathrooms, roughly 3,200 living square feet, and sits on an approximately 8,174 square foot lot. 659 Richland 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 $817,500 and a median price per square foot of $452. Based on Ardent Real Estate Group's Upland Market Data, this home is sold 20.86% higher than the current median priced home. Local homes that are currently for sale include 678 Del Rosa Pl, 14172 Arrow Blvd and 8383 Hemlock Ave. While the average home in Upland, CA is selling in 43 days, 659 Richland St has a days on market of 18 days. There are currently 125 homes for sale in the Upland real estate market and 97 of them are single family homes while 22 of them are condos and 6 are townhomes. For more information on this home for sale at 659 Richland 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 659 Richland St

Public county record property details
Beds
--
Baths
--
Year built
1983
Sq. Ft.
3,200
Lot Size
8,174
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
San Bernardino
Lot#
--
APN
1047-221-45-0000

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
$699,088
Median List Price/Sq.Ft.
$455
Median Sold Price
$758,000
Median Sold Price/Sq.Ft.
$470
Total Inventory
68
Median Sale to List Price %
99.87%
Avg Days on Market
15
Loan Type
Conventional (55.56%), FHA (11.11%), VA (7.41%), Cash (22.22%), Other (3.7%)

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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.