1127 Post Street

    Redlands, CA 92374
    • $800,000
    • STATUS: Active
    • ON SITE: 401 days
    • ID#: EV17211250
    UPDATED: 21 min ago
    $800,000
    • 0
      BEDS
    • 0.3
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,006
      SQFT
    • $200
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1985
    County:

    School Ratings & Info

    Description

    Four plex located in Mountain View. The front "owners" unit is a single level three bedroom, two bath.There are two units with two beds and two baths and the fourth units has 2 beds and 1 bath. There is a laundry room for extra income. These are very long term tenants at low rents.Average rents in the complex for similar units are higher. There are four attached garages.They must be accessed from the parking lot.No direct access to the units. The HOA maintains the landscaping, carports and includes trash.Rents are below market. Pro forma rents list the current rents for Section 8 Housing that the San Bernardino County Housing Authority allows for the City of Redlands.The dues cover the trash dumpster rental, normal trash pick up, normal landscape maintenance (mowing and blowing) and also the complex has periodic security patrols. The dues also cover reserves to maintain the asphalt for the parking areas. The housing Authority of San Bernardino has a very generous allotment for rents in Redlands in the Section 8 program.Unit A is undergoing a complete $30000. remodel at this time. Then the rent will be $1650.Rita Shaw Broker & Associates Inc does not guarantee the accuracy of the square footage, lot size or other information concerning the conditions or features of the property provided by the sellers or obtained from Public Records or other sources. Buyer with their agent(s) is advised to independently verify the accuracy of all information.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-10-21T08:26:33.78. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/76747708

    1127 Post Street Redlands, CA 92374

    • Price: $800,000
    • Status: Active
    • Updated: 21 min ago
    • ID#: EV17211250
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.3
    Acres
    4,006
    SQFT
    $200
    $/SQFT
    1985
    Built
    Neighborhood:
    268 - Redlands
    County:
    San Bernardino
    Area:
    268 - Redlands
    Property Description
    Four plex located in Mountain View. The front "owners" unit is a single level three bedroom, two bath.There are two units with two beds and two baths and the fourth units has 2 beds and 1 bath. There is a laundry room for extra income. These are very long term tenants at low rents.Average rents in the complex for similar units are higher. There are four attached garages.They must be accessed from the parking lot.No direct access to the units. The HOA maintains the landscaping, carports and includes trash.Rents are below market. Pro forma rents list the current rents for Section 8 Housing that the San Bernardino County Housing Authority allows for the City of Redlands.The dues cover the trash dumpster rental, normal trash pick up, normal landscape maintenance (mowing and blowing) and also the complex has periodic security patrols. The dues also cover reserves to maintain the asphalt for the parking areas. The housing Authority of San Bernardino has a very generous allotment for rents in Redlands in the Section 8 program.Unit A is undergoing a complete $30000. remodel at this time. Then the rent will be $1650.Rita Shaw Broker & Associates Inc does not guarantee the accuracy of the square footage, lot size or other information concerning the conditions or features of the property provided by the sellers or obtained from Public Records or other sources. Buyer with their agent(s) is advised to independently verify the accuracy of all information.
    Exterior Features

    Architectural Style Contemporary Construction Materials Stucco Foundation Details Slab Garage Spaces 4.00 Lot Features Sprinkler System Lot Size Source Assessor Lot Size Units Square Feet Parking Features Assigned Parking Total 8.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No View Neighborhood View YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling CentralElectric Cooling YN Yes Flooring CarpetVinyl Heating Central Furnace Heating YN Yes Laundry Features CommunityIndividual RoomSee Remarks Levels Two

    Property Features

    Additional Parcels YN No Association Amenities Maintenance GroundsTrashDues Paid Monthly Association Fee 360.00 Association Fee Frequency Monthly Association YN Yes Building Area Units Square Feet Community Features Street LightingSuburban Country Us Electric Expense 517.00 Elevation Units Feet Gross Income 36000.00 Gross Scheduled Income 56400.00 Insurance Expense 1042.00 Land Lease YN No Laundry YN Yes Net Operating Income 43974.00 New Taxes Expense 8883.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 12426.00 Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Sewer Paid Special Listing Conditions Standard Tenant Pays All UtilitiesCable TvElectricityGasTelephone Total Actual Rent 3000.00 Total Expenses 12426.00 Trash Expense 0.00 Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedWater Connected Water Sewer Expense 1984.00 Water Source Public

    Listing provided courtesy of Rita Shaw of Rita Shaw Broker & Associates.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-10-21T08:26:33.78. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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