10374 Marion Avenue

Montclair, CA 91763

$940,000
Last Sold Price
6
Beds
6
Baths
3,200 Sq. Ft.
$294 / Sq. Ft.
3,200
Sq. Ft.
$294
per Sq. Ft.

Description

We are pleased to present the opportunity to acquire 10374 Marion Ave and 10285 Poulsen Ave. 10374 Marion Ave was built in 2017 and consists of two (2) attached 3Bedroom/3Bathroom townhouse style units. With approximately 3,200 +/- square feet of living space on 8,050 square feet of land, each unit includes its own two-car garage & private patio. There is a fairly wide, shared driveway for additional potential parking. The front unit can potentially be delivered vacant and allow for an owner/user...We are pleased to present the opportunity to acquire 10374 Marion Ave and 10285 Poulsen Ave. 10374 Marion Ave was built in 2017 and consists of two (2) attached 3Bedroom/3Bathroom townhouse style units. With approximately 3,200 +/- square feet of living space on 8,050 square feet of land, each unit includes its own two-car garage & private patio. There is a fairly wide, shared driveway for additional potential parking. The front unit can potentially be delivered vacant and allow for an owner/user to occupy. Can be sold with 10285 Poulsen Ave, Montclair, CA 91763. With a total of four (4) units, this deal may qualify for residential financing and with below market rents and no rent control restrictions, the properties would allow a potential investor to immediately add value by bringing those rents closer to market rates.
  1. Listed by Sevak Keshishian • DRE #01887505 • Brokerage DRE #01240999 • Marcus & Millichap

Property Details for 10374 Marion Avenue

Parcel Number
1010621070000
Total Units
2.0
Living Area
3200
Source Living Area
Builder
Area
Montclair (685)
Vacancy Rate
0
Lot Size Area
8050
Source Lot Size Area
Vendor Enhanced

Location

Listing Courtesy of Marcus & Millichap, Sevak Keshishian, DRE #01887505

Sold By DB Real Estate, James Lee, DRE #01824818

Add your commute
LISTING UPDATED: 05/10/2021 10:17 AM

Property Details for 10374 Marion Avenue

StatusSold
MLS #21-722158
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2017
Lot Size0.18 AC / 8,050 SF
CountySan Bernardino County

Location

Listing Courtesy of Marcus & Millichap, Sevak Keshishian, DRE #01887505

Sold By DB Real Estate, James Lee, DRE #01824818

Add your commute

Building Information for 10374 Marion Avenue

Stories2Residences-Year Built2017Building Size-Lot Size0.18 AC / 8,050 SF

Payment Calculator

$6,013 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,130

Property Taxes

$883

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 10374 Marion Avenue

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Builder
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Standard
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $50,052
  • Net Operating Income: $35,882.00
  • Gross Income: $51,600
  • Cap Rate: 3.82%
  • Gross Rent Multiplier: $18.22
  • Total Annual Expense: 14170
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1848
  • Lot Size Square Feet: 8050
  • Lot Size Dimensions: 70x115
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Garage - 2 Car
  • Total Parking: 6
  • Parking Features: Garage - Two Door
Interior Features
Interior Features
  • Cooling Type: Air Conditioning
  • Heating Type: Other
  • Equipment: Other
Exterior Features
Exterior Features
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 04-21-2021
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $2,150.00
  • Unit Actual Rent: $2,150.00
  • Unit Projected Rent: $3,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $2,150.00
  • Unit Actual Rent: $2,150.00
  • Unit Projected Rent: $3,000.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $.00
  • Assessed Improvement Percent: 0.0
  • Assessed Land Value: $90,321.00
  • Assessed Land Percent: 100
  • Assessed Total Value: $90,321.00

Property History for 10374 Marion Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 10374 Marion Avenue

Taxable ValueLand$260,100Additions$717,876Total$977,976
Tax Record2023$10,601 ($883 / month)
Home Facts
Total Finished SqFt3,136 SqFtAbove Grade Finished SqFt3,136 SqFtStories2Lot Size8,050 SqFtStyleDuplexYear Built2017CountySAN BERNARDINOAPN1010-621-07-0000

Schools near 10374 Marion Avenue

This home is within Chaffey Joint Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 6
Rating
School
Distance
Montera Elementary School
PublicK to 6

Vernon 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.

Similar Homes

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Similar Sold Homes

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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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Sevak Keshishian, DRE #01887505

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.