$750,000 Price Analysis   ♡   Phelan, CA 92371 10 bed 4 bath 2,055 SqFt ($364/SqFt) 10.0 acre lot. Built 2019 Listed 2024-03-27, Taxes $2,426 | ✓ USDA Eligible near Phelan, CA Restrictions may apply due to home size |
EXECUTIVE SUMMARY Samuel Kim and Mooney Lee are pleased to present PHELAN CA.
This Two houses and one house storage rented income and 10 Acres land for sale. This property hs remodeled and put the solar system recently. They have one big 15, 000 Gallon water tank and 10, 000 tank and Water is underwater one green house.
Still looking good investment. This property stands as one of the most attractive multifamily investments in the Sale entire county, boasting a compelling Capitalization Rate ( Cap Rate) on current rental income. A rare opportunity to take advantage of positive leverage,
Presented by Mooney Lee at
Action Realty Task Holdings.
Property MLS #PW24059824 from CRMLS
Flooring: Wood
Window Features: Blinds
Fireplace Features: Electric, Free Standing
Heating Features: Central
Heating: Yes
Fencing: Fence YN: Yes, Fencing: Chain Link
Other Structures: Greenhouse
Road Frontage Type: County Road
Road Surface Type: Unpaved
Land Lease Amount Frequency: Monthly
Land Lease: Yes
Lot Description: 2-5 Units/Acre
Lot Size Acres: 10.0
Lot Size Source: Assessor
Lot Size Square Feet: 435600
Calculated Total Monthly Association Fees: 0
Bedrooms in Unit-1: 5
Total Bathrooms in Unit-1: 2
Source Listing Status: Active
County: San Bernardino
Source Property Type: Residential Income
Insurance Expense: 1500.00
Area: PHEL - Phelan
Source Neighborhood: PHEL - Phelan
New Taxes Expense: 4864.00
Number of Separate Electric Meters: 1
Parcel Number: 0351052340000
Postal Code Plus 4: 7135
Trash Expense: 2400.00
Zoning: RL
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $117,759 + $94,554 $212,313 | $2,426 |
| 2021 | $115,450 + $92,700 $208,150 | $2,381 |
| 2020 | $15,450 + $92,700 $108,150 | $1,352 |
| 2019 | $15,000 + $90,000 $105,000 | $1,319 |
| 2018 | $14,000 + $75,000 $89,000 | $998 |
| 2017 | $14,000 + $75,000 $89,000 | $1,000 |
| 2016 | $156,000 + $93,600 $249,600 | $2,632 |
| 2015 | $143,800 + $86,300 $230,100 | $2,439 |
| 2014 | $143,800 + $86,300 $230,100 | $2,454 |
| 2013 | $125,000 + $75,000 $200,000 | $2,145 |
| 2012 | $204,000 + $87,000 $291,000 | $3,082 |
| 2011 | $204,000 + $87,000 $291,000 | $3,076 |
| 2010 | $204,000 + $87,000 $291,000 | $3,091 |
| 2009 | $208,080 + $208,080 $416,160 | $4,337 |
| 2008 | $204,000 + $204,000 $408,000 | $4,172 |
| 2007 | $132,651 + $106,121 $238,772 | $2,410 |
$750,000
CRMLS
Listed 2024-03-27
$650,000
CRMLS
Sold 2021-07-30
$440,000
Public Record
Sold 2007-05-25
$400,000
HighDesertAoR
Listed 2007-03-26
$356,900
HighDesertAoR
Sold 2003-10-14
$225,000
Public Record
Sold 1994-01-31
$125,000
Public Record
Sold 1990-05-02
$63,000
Public Record
Year Built: 2019
Building Features: 3
Common Walls: 1 Common Wall
Construction Materials: Wood Siding
Entry Level: 1
Entry Location: N
Property Age: 5
Property Attached: Yes
Property Condition: Updated/Remodeled
Roof: Wood
Levels or Stories: One
Building Total Stories: 1
Structure Type: Single Family Residence
Year Built Source: Public Records
Sewer: Water Sewer Expense: 1000.00
Electricity Connected
Propane
Water Available
Water Source: Agricultural Well
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.