481 North 9th Street
481 North 9th Street
$1,488,888
9
9
6,932
6,932
$215
Active Under Contract
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Description
Amazing Investment Opportunity on this Beautiful Garden Style Apartment Complex. It has a large Courtyard and sits on an extra large corner lot, Five Buildings total. One 2 story and Four single story apartment buildings. These units have great curb appeal with well maintained landscaping. All units have a one car garage. Most units have been updated fully with electrical, freshly painted and remodeled with new tile, laminated & wood floors. Remodeled kitchen & baths as well. Nine Units Total! Each...Amazing Investment Opportunity on this Beautiful Garden Style Apartment Complex. It has a large Courtyard and sits on an extra large corner lot, Five Buildings total. One 2 story and Four single story apartment buildings. These units have great curb appeal with well maintained landscaping. All units have a one car garage. Most units have been updated fully with electrical, freshly painted and remodeled with new tile, laminated & wood floors. Remodeled kitchen & baths as well. Nine Units Total! Each one bedroom one bath unit is an extra large unit with approx 665 SF. Extra income with owned Laundry facilities on site. Total rental income: $8275/mo. (All Below Market Value at this time) Proforma Income $12,600/mo. Lots of parking. ADDITIONAL LOT INCLUDED IN SALE, located at 461 N. 9th St/APN #0162101070000. Extra lot holds 3600 sq ft with 4 garages & storage room(960 sq. ft.). 11 garages total. Potential for the 2 extra garages to produce income. New rental development across the Street. Great desirable Rental Area! Safe neighborhood with the Police Station 1 block away. Also, one block from up-and-coming downtown renovations and Fleming Park. These units remain FULLY OCCUPIED!
- Listed by Robin Marquez • DRE #01496720 • Brokerage DRE #01238581 • Coldwell Banker Top Team • 714-267-0709
Property Details for 481 North 9th Street
Parking Spaces Total
20
Private PoolNo
Total Units9.0
Building TypeAttached
Lot Size SourceAssessor
Living Area6932
Assessor Parcel Number0162-101-06-0000
Property Attached YNtrue
Location
LISTING UPDATED: 05/28/2024 10:57 AM
Property Details for 481 North 9th Street
Status | Active Under Contract |
---|---|
MLS # | TR24092028 |
Days on Market | 15 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1939 |
County | San Bernardino County |
Location
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Building Information for 481 North 9th Street
Building/Complex481 N 9th StFloor-Stories2Residences-Pet Policy-Year Built1939Building Size-
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$8,957 per month
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Property Information for 481 North 9th Street
Property History for 481 North 9th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 481 North 9th Street
Taxable ValueLand$100,397Additions$702,777Total$803,174
Tax Record2023$9,990 ($832 / month)
Home Facts
Total Finished SqFt5,972 SqFtAbove Grade Finished SqFt5,972 SqFtStories2Lot Size15,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1939Year Renovated1940CountySAN BERNARDINOAPN0162-101-06-0000
Schools near 481 North 9th Street
This home is within Colton Joint Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 12 |
Rating | School | Distance |
---|---|---|
Abraham Lincoln Elementary School PublicK to 6 | ||
Colton Middle School Public7 to 8 | ||
Colton High School Public9 to 12 | ||
Washington High School PublicK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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