Montclair, CA 91763 5125 Bandera Street A
$4,249,900
26 more
Presented By: MICHELE SPARKS-FINN with Vista Sotheby's International Realty; 951-367-9431
- MLS# LG24055376
- 03/25/2024
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 24
Baths • 8
SQFT • 10,044
Garage • 12
Home Details
This well maintained collection of 12 unit bungalow style apartments consists of 6 buildings each with 2 units in a gated community with private garages, patios and ample parking. Each unit is 2 bedroom/1 Bathroom with indoor washer and dryer and HVAC units. In past 12 months partial to full remodels done on 6 units along with many other capital upgrades. Most of the rents are also at or above market value with great tenants.
Presented By: MICHELE SPARKS-FINN with Vista Sotheby's International Realty; 951-367-9431
Interior Features for 5125 Bandera Street A
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesInKitchen
Total Stories1
Other Rooms
Entry Level1
General for 5125 Bandera Street A
Additional Parcels Description1010611030000, 101061104000, 10106110500000, 1010611060000, 1010611070000
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate5.28
Carport Y/NNo
CityMontclair
Community FeaturesStormDrains, StreetLights, Sidewalks
CoolingCentralAir
CountySan Bernardino
DirectionsCentral and Holt
Electric On Property Y/NNo
Entry Location1
Garage Spaces12.0
Garage Y/NYes
Gross Income329100.0
HOANo
HeatingCentral
Home Warranty Y/NNo
Insurance Expense3822.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsExchange1031
Lot Size Square Feet30927.6
Lot Size UnitsAcres
MLS Area685 - Montclair
MaintenanceExpense17292.0
MobileHomeRemainsYNNo
Net Operating Income235399.0
New ConstructionNo
Number Of Units Total12
Number of Units Leased12
Open Parking Spaces36.0
Operating Expense93701.0
Pool FeaturesNone
Property Attached Y/NYes
Property ConditionTurnkey
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActiveUnderContract
StatusActiveUnderContract
Stories1
Tax Lot3
Taxes$46,878
Tenant PaysCableTv, Electricity, Gas, Telephone
Total Actual Rent27431.0
Trash Expense5990.0
Unit NumberA
Water Sewer Expense10672.0
Waterfront Y/NNo
Year Built1963
Year Built SourceAssessor
Exterior for 5125 Bandera Street A
Building Area Total10044.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLevel
Lot Size Acres0.71
Lot Size Area0.71
Lot Size SourceAssessor
Number of Buildings6
Number of Separate Electric Meters12
Number of Separate Gas Meters12
Number of Separate Water Meters0
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking48.0
Water SourcePublic
Additional Details
Price History
Hal Schlegel
Broker Associate