$1,148,888   ♡   Rancho Cucamonga, CA 91701 Unknown bed None bath 3,470 SqFt ($331/SqFt) 9,148SqFt lot. Built 1973 Listed 2023-03-03, HOA $975, Taxes $4,637 | Ⓧ USDA Ineligible due to price & location near Rancho Cucamonga |
CAN BE PURCHASED WITH 8740 LOMITA DR
* No Longer For Sale *
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RANCHO CUCAMONGA. (Next Door) 8750 Lomita Dr is a well kept fourplex in the City of Rancho Cucamonga. These units are located in "The Eastwood Apartments" HOA, which consists of 22 in dividually owned fourplexes totaling 88 units. The Eastwood Apartments HOA offers many amenities for tenants and surety for an investor. The building consists of one 2 bedroom/1 bathroom unit, two 2 bedroom / 2 bath units and a 3 bedroom/2 bathroom unt. The building is situated on a parcel totaling 0.21 acres.
The asset is well landscaped with a central courtyard. Parking is ample for the residents and guests with assigned, carport and street parking. The Eastwood Apartments are well situated near major retail, educational and employment opportunities. The asset is located near the 10 and 210 Freeways, which allows the tenants to connect with the greater Southern California area and beyond. This offering provides an investor the opportunity to acquire a well-maintained apartment property with tremendous rental upside. Investors can take advantage of the attractive residential financing. The neighborhood has convenient access to a wide variety of activities, transportation and retail amenities.
Presented by Mark Bridge at
Mark Bridge, Broker.
Property MLS #OC21204853 from CRMLS
Appliances YN: Y
Laundry Features: Community, Gas Dryer Hookup, Washer Hookup
Heating Features: Wall Furnace
Heating: Yes
Spa Features: Association, Community
Spa: Yes
Parking Features: Parking YN: Y, Parking Features: Assigned, Carport
Parking Total: 8
Lot Size Acres: 0.21
Lot Size Source: Assessor
Lot Size Square Feet: 9148
Association Amenities: Pool, Spa/Hot Tub, Electricity, Insurance, Trash, Water, Management
Association Fee: 975
Association Fee Frequency: Monthly
Calculated Total Monthly Association Fees: 975
Maintenance Expense: 2339.00
Tenant Pays: Cable TV, Electricity, Gas
Vacancy Allowance: 1074
Rent Control: Yes
County: San Bernardino
Other Expense: 757.00
Source Property Type: Residential Income
Insurance Expense: 576.00
Area: 688 - Rancho Cucamonga
Source Neighborhood: 688 - Rancho Cucamonga
New Taxes Expense: 12660.00
Number of Separate Electric Meters: 5
Number of Separate Gas Meters: 5
Number of Separate Water Meters: 1
Parcel Number: 0202381190000
Postal Code Plus 4: 5519
Professional Management Expense: 11700.00
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $319,027 + $84,448 $403,475 | $4,637 |
| 2021 | $319,027 + $84,451 $403,478 | $4,724 |
| 2020 | $315,756 + $83,585 $399,341 | $4,534 |
| 2019 | $309,565 + $81,946 $391,511 | $4,585 |
| 2018 | $303,495 + $80,339 $383,834 | $4,484 |
| 2017 | $297,544 + $78,764 $376,308 | $4,285 |
| 2016 | $291,710 + $77,220 $368,930 | $4,171 |
| 2015 | $287,328 + $76,060 $363,388 | $4,145 |
| 2014 | $281,700 + $74,570 $356,270 | $4,030 |
| 2013 | $280,427 + $74,233 $354,660 | $4,061 |
| 2012 | $274,928 + $72,777 $347,705 | $3,876 |
| 2011 | $269,537 + $71,350 $340,887 | $3,848 |
| 2010 | $267,523 + $70,817 $338,340 | $3,798 |
| 2009 | $268,159 + $70,985 $339,144 | $3,790 |
| 2008 | $262,901 + $69,593 $332,494 | $3,716 |
| 2007 | $257,746 + $68,228 $325,974 | $3,659 |
$0
CRMLS
Relisted 2024-01-12
$1,350,000
CRMLS
Listing removed 2023-12-04
$0
CRMLS
Price Changed 2023-10-28
$1,285,000
CRMLS
Listed 2023-08-16
$1,375,000
CRMLS
Sold 2022-01-13
$1,125,000
CRMLS
Sold 1986-04-25
$215,000
Public Record
Sold 1978-12-29
$100,000
Public Record
Sold 1977-11-01
$110,000
Public Record
Year Built: 1973
Building Features: 1
Common Walls: 1 Common Wall
Property Age: 50
Property Attached: Yes
Roof: Composition
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Quadruplex
Year Built Source: Assessor
Sewer: Sewer: Public Sewer, Water Sewer Expense: 500.00
Cable Connected
Electricity Connected
Natural Gas Connected
Phone Connected
Sewer Connected
Water Connected
Water Source: Public
Map directions Map directions Map directions Map directionsThe 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.