1505 Sepulveda Avenue
1505 Sepulveda Avenue
$1,615,000
3
12
6,966
6,966
$232
Active Under Contract
Description
HIGHLIGHTS: Competitive Offering with an Actual CAP Rate of 5.34%, with Significant Upside Potential, Projected ProForma CAP Rate of 6.92% / Offering an Actual Gross Rent Multiplier (GRM) of 11.79, with a Projected ProForma GRM of 9.48. The Sandalwood East Apartments, constructed in 1965 on a spacious 0.37-acre corner lot, boast an excellent location ideal for single families. This eight-unit property spans 6,966 sq. ft and comprises four one-bedroom, one bathroom units (1BD/1BA) as well as four...HIGHLIGHTS: Competitive Offering with an Actual CAP Rate of 5.34%, with Significant Upside Potential, Projected ProForma CAP Rate of 6.92% / Offering an Actual Gross Rent Multiplier (GRM) of 11.79, with a Projected ProForma GRM of 9.48. The Sandalwood East Apartments, constructed in 1965 on a spacious 0.37-acre corner lot, boast an excellent location ideal for single families. This eight-unit property spans 6,966 sq. ft and comprises four one-bedroom, one bathroom units (1BD/1BA) as well as four oversized two bedroom, two-bathroom units (2BD/2BA). Tenants enjoy the convenience of four two-car garages and two single car garages. Additional amenities include private balconies/patios, individual A/C and heating, and a beautifully landscaped private yard/garden. Demonstrating a strong sense of ownership pride, this property offers prospective buyers an opportunity to acquire an asset with minimal maintenance requirements for decades to come.
- Listed by ALBERT LE • DRE #01468313 • Brokerage DRE #01923766 • LE INVESTMENT GROUP • 909-256-7889
Property Details for 1505 Sepulveda Avenue
Parking Spaces Total
20
Private PoolNo
Total Units8.0
Building TypeAttached
Lot Size SourceAssessor
Living Area6966
Assessor Parcel Number0146-143-01-0000
Property Attached YNtrue
Location
LISTING UPDATED: 04/05/2024 08:17 AM
Property Details for 1505 Sepulveda Avenue
Status | Active Under Contract |
---|---|
MLS # | IV24021684 |
Days on Market | 66 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1965 |
County | San Bernardino County |
Location
Building Information for 1505 Sepulveda Avenue
Building/Complex1505 Sepulveda AveFloor-Stories2Residences-Pet Policy-Year Built1965Building Size-
Payment Calculator
$9,895 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1505 Sepulveda Avenue
Property History for 1505 Sepulveda Avenue
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1505 Sepulveda Avenue
Taxable ValueLand$210,164Additions$826,205Total$1,036,369
Tax Record2023$12,966 ($1,081 / month)
Home Facts
Total Finished SqFt6,966 SqFtAbove Grade Finished SqFt6,966 SqFtStories2Lot Size16,163 SqFtStyleMulti-Family Res (5+ Units)Year Built1965CountySAN BERNARDINOAPN0146-143-01-0000
Schools near 1505 Sepulveda Avenue
This home is within San Bernardino City Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Bradley Elementary School PublicK to 6 | ||
Golden Valley Middle School Public6 to 8 | ||
San Bernardino High School Public9 to 12 | ||
Sierra High 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.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.