10360 Amherst Ave

Montclair, CA 91763

$1,150,000
Last Sold Price
9
Beds
5
Baths
3,994 Sq. Ft.
$288 / Sq. Ft.
3,994
Sq. Ft.
$288
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 8/19/21
Closed 8/19/21

Description

Ready to collect $7350 a month in rents? Check out this 4-unit investment property with low maintenance! 10360 Amherst Ave in Montclair features a detached front house w/ 3 beds/2 baths, approx. 1600 sf that can rent for $2500. It has recently been renovated extensively with new bathrooms, new fixtures, new laminate flooring & carpet, new interior & exterior paint, new wood fence for privacy, and new white rock landscaping.  The rear 2-story building is detached w/ 3 units of 2 beds/1 bath each,...Ready to collect $7350 a month in rents? Check out this 4-unit investment property with low maintenance! 10360 Amherst Ave in Montclair features a detached front house w/ 3 beds/2 baths, approx. 1600 sf that can rent for $2500. It has recently been renovated extensively with new bathrooms, new fixtures, new laminate flooring & carpet, new interior & exterior paint, new wood fence for privacy, and new white rock landscaping.  The rear 2-story building is detached w/ 3 units of 2 beds/1 bath each, approx. 800 sf each and has a brand new roof, and common laundry room w/ washer & dryer that generates monthly income. Front house has 2 uncovered tandem parking spaces, and back units share two 2-car garages with new garage doors (4 spaces total) along with additional parking right in front of garage.  Easy to rent out due to convenient location close to Western University of Health Sciences, Claremont Colleges, restaurants, markets, shopping plazas, parks, and more. Easy access to the 10 freeway. Don't miss out on this opportunity to establish market rents for the front house and room for upside potential on the rest.

Listing Agent

  1. Kelly Tran

    Kelly Tran

    Alternative Listing Agent

    Compass

    DRE #01854381

    kelly.tran@compass.com

    P: (626)-379-8447

    CallTextEmail

Property Details for 10360 Amherst Avenue

View
Neighborhood
Parking Spaces Total
6
Private Pool
No
Cooling Type
Wall/Window Unit(s)
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
3994
LISTING UPDATED: 08/20/2021 06:37 AM

Property Details for 10360 Amherst Avenue

StatusClosed
MLS #WS21136666
Days on Market27
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1963
Lot Size0.17 AC / 7,232 SF
CountySan Bernardino County
Buyer's Agent Compensation2%
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of Compass, Kelly Tran, DRE #01854381; RE/MAX ELITE REALTY, KUAN SUNG, DRE #00970799

Sold By Provenio Realty and Investment, Mike Vachani, DRE #01279002

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Building Information for 10360 Amherst Avenue

Stories2Residences-Year Built1963Building Size-Lot Size0.17 AC / 7,232 SF

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage1

$6,722 per month

30 year fixed, 6.15% Interest

Principal and Interest

$5,605

Property Taxes

$1,117

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 10360 Amherst Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $48,600
  • Gross Scheduled Income: $81,000
  • Vacancy Allowance Rate: 3
  • Gross Operating Income: $78,570
  • Net Operating Income: $53,492
  • Laundry Income: $3,000
  • Gross Multiplier: 15.43
  • Cap Rate: 4.42
  • Financing: Cash
Expense Details
  • Operating Expense: $25,078
  • New Taxes Expense: $13,750
  • Gardener Expense: $720
  • Insurance Expense: $1,740
  • Other Expense: $1,500
  • Other Expense Description: Gas
  • Trash Expense: $2,772
  • Water Sewer Expense: $4,596
  • Total Expenses: $25,078
Tax / Assessment Info
  • Tax Tract Number: 6617
  • Tax Lot: 6
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Sidewalks, Urban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area, Inside
  • Laundry Equipment Own Lease: Own
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
  • Flooring Type: Carpet, Laminate
  • Flooring: Carpet, Laminate
Exterior Features
  • Foundation Details: Slab
  • Foundation Details: Slab
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Front Yard
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Driveway, Garage
  • Uncovered Spaces: 2
  • Open Other Spaces Total: 2
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Parking Features: Driveway, Garage, Tandem Uncovered
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,600
  • Unit Type Total Rent: $1,600
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,100
  • Unit Type Total Rent: $1,100
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,450
  • Unit Type Total Rent: $1,450
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 10360 Amherst Avenue

DateEvent & SourcePriceAppreciation
Aug 19, 2021

Sold

CLAW #WS21136666MR

$1,150,000—
Aug 19, 2021

Sold

SDMLS #WS21136666

$1,150,000—
Aug 19, 2021

Sold

CRMLS #WS21136666

$1,150,000—
Aug 13, 2021

Sold (Public Record)

Public Record #1469431089

$1,150,000

+102.0% / yr

Jul 29, 2021

Pending

CRMLS #WS21136666

—
Jul 29, 2021

Pending

SDMLS #WS21136666

—
Jul 29, 2021

Pending

CLAW #WS21136666MR

—
Jul 2, 2021

Listed (Active)

SDMLS #WS21136666

$1,250,000—
Jul 2, 2021

Listed (Active)

CLAW #WS21136666MR

$1,250,000—
Jul 2, 2021

Listed (Active)

CRMLS #WS21136666

$1,250,000—
Mar 15, 2021

Sold (Public Record)

Public Record #1455067843

$860,000—
Mar 15, 2021

Sold (Public Record)

Public Record #693817358

$860,000—
DateEvent & SourcePrice
08/19/2021

Sold

CLAW #WS21136666MR

$1,150,000
08/19/2021

Sold

SDMLS #WS21136666

$1,150,000
08/19/2021

Sold

CRMLS #WS21136666

$1,150,000
08/13/2021

Sold (Public Record)

Public Record #1469431089

$1,150,000

+102.0% / yr

07/29/2021

Pending

CRMLS #WS21136666

—
07/29/2021

Pending

SDMLS #WS21136666

—
07/29/2021

Pending

CLAW #WS21136666MR

—
07/02/2021

Listed (Active)

SDMLS #WS21136666

$1,250,000
07/02/2021

Listed (Active)

CLAW #WS21136666MR

$1,250,000
07/02/2021

Listed (Active)

CRMLS #WS21136666

$1,250,000
03/15/2021

Sold (Public Record)

Public Record #1455067843

$860,000
03/15/2021

Sold (Public Record)

Public Record #693817358

$860,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 10360 Amherst Avenue

Taxable ValueLand$318,362Additions$902,027Total$1,220,389
Tax Record2025$13,399 ($1,117 / month)
Home Facts
Total Finished SqFt1,328 SqFtAbove Grade Finished SqFt1,328 SqFtStories1Lot Size7,232 SqFtStyleQuadraplexYear Built1963CountySAN BERNARDINOAPN1009-514-13-0000

Schools near 10360 Amherst Avenue

This home is within Chaffey Joint Union High School District.
Rating
School
Type
Grades
Distance
Lehigh Elementary School
Public - K to 6
Serrano Middle School
Public - 7 to 8
Montclair High School
Public - 9 to 12
Buena Vista Arts-Integrated School
Public - K to 6
Rating
School
Distance
Lehigh Elementary School
PublicK to 6

Serrano Middle School
Public7 to 8

Montclair High School
Public9 to 12

Buena Vista Arts-Integrated School
PublicK to 6

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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Kelly Tran, DRE #01854381; RE/MAX ELITE REALTY, KUAN SUNG, DRE #00970799

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.