127 East Baseline Road

Closed 5/11/23
Closed 5/11/23
Gallery Image 1
Sold
Last Sold Price
$2,300,000
10 beds50 baths4,612 sqft$499/sqft
127 E Baseline Rd, San Dimas, CA 91773
Multi FamilyProperty Type
0.48 acresLot Size
1987Year Built
$499/sq ftPrice per sq ft
14 carsParking Spaces

Description

Presenting 121-129 E. Baseline Rd., a five unit apartment situated on two separate parcels. Three single story bungalow buildings are spaced over almost ½ acre, at the base of the foothills of San Dimas. This opportunity has (5) 2 bedroom/2 bath units with their own private yards and private 2 car garages. The units were built in 1987 and the three buildings total 4,612 square feet of living area. There is onsite guest parking and a secure laundry room. Each unit has central heating and A/C as well...Presenting 121-129 E. Baseline Rd., a five unit apartment situated on two separate parcels. Three single story bungalow buildings are spaced over almost ½ acre, at the base of the foothills of San Dimas. This opportunity has (5) 2 bedroom/2 bath units with their own private yards and private 2 car garages. The units were built in 1987 and the three buildings total 4,612 square feet of living area. There is onsite guest parking and a secure laundry room. Each unit has central heating and A/C as well as a fenced patio. A majestic oak tree greets you as you enter the park like setting. This property presents a unique value-add investment opportunity, with the potential rental income growth from additional units. One unit has recently been entirely renovated, and the other four units have been meticulously maintained, with some upgrades. Tenants enjoy onsite secured parking and guest parking. Landlord is responsible for water and trash. The property is situated in a desirable location with easy access to major highways and public transportation. University of La Verne, Citrus College, Azusa Pacific University, The Claremont Colleges and Cal Poly Pomona are in close proximity to the property. These are some of the leading Universities in the nation. The property is located within minutes of Downtown San Dimas. Tenants benefit from proximity to shopping, parks, hiking trails, golf courses, grocery stores and eateries.

121 E. Baseline Rd is included in the sale. The two parcels allow for 30 year conventional financing on this investment

Given the rental upside potential, this is an excellent addition to any real estate investor’s portfolio.
  • Listed by: PHILLIP CASTRUITA DRE #00919319 Brokerage DRE #00919319 • PHILLIP CASTRUITA, REALTOR 626-905-9595
Listing closed: 05/11/2023 12:00 AM • Source: CRMLS, MLS#: CV23044453

Recent comparable sales

Median sold price

$1,800,000

Avg days on market

19

Sale-to-list ratio

100.3%

San Dimas, CA

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Location

Listing Courtesy of PHILLIP CASTRUITA, REALTOR, PHILLIP CASTRUITA, DRE #00919319

Sold By Art Del Rey Realty, Inc., Pamela DelRey, DRE #00864033

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$13,081 per month

30 year fixed, 6.55% Interest

Principal and Interest

$11,691

Property Taxes

$1,390

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Property Information for 127 East Baseline Road

Property Details
  • MLS Type: Residential Income / Res Income 2-4 Units
  • County: Los Angeles County
  • Architectural Style: Contemporary
  • View: Mountain(s)
  • Parking Spaces Total: 14
  • Private Pool: No
  • Cooling Type: Central Air
  • Total Units: 5.0
  • Building Type: Attached
  • Lot Size Source: Assessor
  • Living Area: 4612
  • Assessor Parcel Number: 8661-013-014
  • Property Attached YN: true
  • Common Walls: 2+ Common Walls
  • New Construction: No
  • Average Studio Area Units: Square Feet
  • Average 1 Bed Area Units: Square Feet
  • Average 2 Bed Area: 922
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Building Area Total: 4612
  • Building Area Units: Square Feet
  • Stories Total: 1
  • Fireplace: No
  • Pool: No
  • Spa: No
  • View: Yes
  • View: Yes
  • Zoning: SDMFD*
  • Senior Community: No
  • Parcel Number: 8661013014
  • Area: San Dimas (689)
  • Directions: NORTH OF 210 FREEWAY/ EAST OF SAN DIMAS AVE.
Building Information
  • Building/Complex: 127 E Baseline Rd
  • Stories: 1
  • Year Built: 1987
Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $1,300
  • Gross Scheduled Income: $151,300
  • Vacancy Allowance Rate: 2
  • Gross Operating Income: $148,300
  • Net Operating Income: $104,203
  • Laundry Income: $1,300
  • Other Income Description: Laundry income
  • Cap Rate: 4.74
  • Financing: Cash
Expense Details
  • Operating Expense: $44,097
  • New Taxes Expense: $27,499
  • Gardener Expense: $2,400
  • Fuel Expense: $0
  • Licenses Expense: $180
  • Electric Expense: $473
  • Insurance Expense: $2,924
  • Maintenance Expense: $4,280
  • Professional Management Expense: $0
  • Other Expense: $180
  • Other Expense Description: GAS
  • Trash Expense: $2,407
  • Water Sewer Expense: $3,754
  • Total Expenses: $40,097
Tax / Assessment Info
  • Tax Block: A
  • Tax Tract Number: 8661
  • Tax Census Tract: 4004.03
  • CFD/Mello-Roos Fee: $1,078
  • Tax Lot: 29
Community / Development
Community / Development
  • Community Features: Curbs, Foothills, Golf, Hiking, Horse Trails, Park, Storm Drains, Street Lights, Valley
  • Complex Features: Horse Trails
Property / Structure Info
Interior Features
  • Room Type: All Bedrooms Down
  • Bedroom Features: All Bedrooms Down
Exterior Features
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Exterior: Stucco
  • Roof: Composition
  • Fence: Yes
  • Fencing: Block
  • Property Condition: Turnkey
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
  • Spa Features: None
  • Spa Heat: N/K
Land/Lot Info
  • Lot Features: Front Yard, Landscaped, Lot 20000-39999 Sqft, Rectangular Lot, Level, Sprinkler System
  • Number Of Units: 5
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Alley Paved, Paved
  • Road Frontage Type: City Street
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Electric: Electricity Connected, Natural Gas Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 10
  • Parking: Yes
  • Parking Garage: Door Opener, Garage, Garage - 1 Car, Parking for Guests, Private
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 10
  • Carport Spaces: 0
  • Parking Features: Concrete, Garage, Garage Faces Rear, Garage - Single Door, Garage Door Opener, Guest, On Site, Private
Property / Structure Info
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 5
  • Unit Type Beds Total: 10
  • Unit Type Baths Total: 10
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 10
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $121,500
  • Unit Type Total Rent: $121,500
  • Unit Type Pro Forma: 150000
  • Unit Type Type: 1
Unit Information
  • Number Of Units Leased: 5
  • Rent Controlled: No
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 6

Property History for 127 East Baseline Road

DateEvent & SourcePriceAppreciation
May 11, 2023

Sold

CLAW #CV23044453MR

$2,300,000—
May 11, 2023

Sold

CRMLS #CV23044453

$2,300,000—
May 11, 2023

Sold

SDMLS #CV23044453

$2,300,000—
DateEvent & SourcePrice
05/11/2023

Sold

CLAW #CV23044453MR

$2,300,000
05/11/2023

Sold

CRMLS #CV23044453

$2,300,000
05/11/2023

Sold

SDMLS #CV23044453

$2,300,000

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

Public Records for 127 East Baseline Road

Taxable ValueLand$1,061,208Additions$318,362Total$1,379,570
Tax Record2025$16,675 ($1,390 / month)
Home Facts
Baths6Total Finished SqFt2,736 SqFtAbove Grade Finished SqFt2,736 SqFtStories1Lot Size12,223 SqFtStyleTriplexYear Built1987Year Renovated1987ZoningSDMFD*CountyLOS ANGELESAPN8661-013-014

Schools near 127 East Baseline Road

This home is within Bonita Unified School District.
Rating
School
Type
Grades
Distance
Arma J. Shull Elementary School
Public - K to 5
Lone Hill Middle School
Public - 6 to 8
San Dimas High School
Public - 9 to 12
Chaparral High (Continuation) School
Public - 9 to 12
Rating
School
Distance
Arma J. Shull Elementary School
PublicK to 5

Lone Hill Middle School
Public6 to 8

San Dimas High School
Public9 to 12

Chaparral High (Continuation) School
Public9 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 127 East Baseline Road, San Dimas, CA 91773
$2,300,000
10
50
4,612
20,698
131 East Baseline Road, San Dimas, CA 91773
–
–
8
6,100
17,664
121 East Baseline Road, San Dimas, CA 91773
$2,300,000
–
4
1,876
8,475
117 East Baseline Road, San Dimas, CA 91773
–
2
1
840
8,057
141 East Baseline Road, San Dimas, CA 91773
$266,250
2
872
10,960
124 Penn Street, San Dimas, CA 91773
$255,000
2
672
7,000

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Listing Courtesy of PHILLIP CASTRUITA, REALTOR, PHILLIP CASTRUITA, DRE #00919319

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.