3471 20th Street

Highland, CA 92346

$157,000
Last Sold Price
2
Beds
840 Sq. Ft.
$187 / Sq. Ft.
840
Sq. Ft.
$187
per Sq. Ft.

Description

PROFORMA CAP for DEC 2021 approx 6.5%! 840 sqft 2/1B second floor unit that has been consistently occupied since 2016! Currently rented to a family via a government/nonprofit Agency, which ensures rental income. Rent is currently $1232 a month but can rent at a market rate of $1400! Last time unit was rented out there were over 50+ inquiries. Tenant will vacate in December. High demand location minutes from walmart, San Manuel casino, shopping and the 210/330 Frwy. Unit has vinyl plank flooring throughout,...PROFORMA CAP for DEC 2021 approx 6.5%! 840 sqft 2/1B second floor unit that has been consistently occupied since 2016! Currently rented to a family via a government/nonprofit Agency, which ensures rental income. Rent is currently $1232 a month but can rent at a market rate of $1400! Last time unit was rented out there were over 50+ inquiries. Tenant will vacate in December. High demand location minutes from walmart, San Manuel casino, shopping and the 210/330 Frwy. Unit has vinyl plank flooring throughout, central AC/heat, galley kitchen includes refrigerator and new electric stove/oven. 2 large bedrooms, private balcony, 1 reserved car space and shared garage. HOA takes care of exterior maintenance and termite, landscaping, common area, security, exterior insurance, garage, water, sewer, trash, water heater tank. Income information has factored in new owners taxes. HOA fee increases next year
  1. Listed by DEBRA HANNA • DRE #01473392 • Brokerage DRE #01473392 • DEBRA HANNA BROKER

Property Details for 3471 20th Street

Parking Spaces Total
1
Private Pool
No
Total Units
1.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
840
Assessor Parcel Number
1191-313-04-0000
Property Attached YN
true

Location

Listing Courtesy of DEBRA HANNA BROKER, DEBRA HANNA, DRE #01473392

Sold By eXp Realty of California Inc, Krista Ellis, DRE #01945307

Add your commute
LISTING UPDATED: 11/27/2021 01:35 AM

Property Details for 3471 20th Street

StatusClosed
MLS #EV21215583
Days on Market35
Taxes-
HOA Fees$310 / month
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1969
Lot Size0.02 AC / 928 SF
CountySan Bernardino County

Location

Listing Courtesy of DEBRA HANNA BROKER, DEBRA HANNA, DRE #01473392

Sold By eXp Realty of California Inc, Krista Ellis, DRE #01945307

Add your commute

Building Information for 3471 20th Street

Stories2Residences-Year Built1969Building Size-Lot Size0.02 AC / 928 SF

Payment Calculator

$1,346 per month

30 year fixed, 7.25% Interest

Principal and Interest

$857

Property Taxes

$179

HOA Dues

$310

The Payment Calculator is for illustrative purposes only.

Property Information for 3471 20th Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas, Telephone
Income / Expense / Tax Details
Income Details
  • Gross Income: $16,800
  • Gross Scheduled Income: $16,800
  • Net Operating Income: $11,740
  • Cap Rate: 6.3
  • Current Financing: None
  • Financing: Conventional
Expense Details
  • Operating Expense: $5,060
  • New Taxes Expense: $2,200
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $460
  • Professional Management Expense: $3,700
  • Other Expense: $900
  • Other Expense Description: tax
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $5,060
Tax / Assessment Info
  • Tax Tract Number: 7323
  • Tax Census Tract: 74.10
  • CFD/Mello-Roos Fee: $331
  • Tax Lot: 23
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Buyer to Verify, Unknown
  • Community Features: Sidewalks, Storm Drains, Suburban
  • Complex Name: Highland Palms
  • Association Name: Highland Palms
  • Association Phone: 800-606-9776
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
  • Heating Type: Central
  • Heating: Central
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Lawn
  • Number Of Units: 1
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 1
  • Parking Garage Spaces: 1
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,232
  • Unit Type Total Rent: $1,232
  • Unit Type Pro Forma: 1400
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number With Range: 1
  • Number With Refrigerator: 1

Property History for 3471 20th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 3471 20th Street

Taxable ValueLand$48,042Additions$112,098Total$160,140
Tax Record2023$2,154 ($179 / month)
Home Facts
Beds2Total Finished SqFt840 SqFtAbove Grade Finished SqFt840 SqFtStories2Lot Size928 SqFtStyleCondominiumYear Built1969CountySAN BERNARDINOAPN1191-313-04-0000

Schools near 3471 20th Street

This home is within San Bernardino City Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 1 to 12
Rating
School
Distance
Oehl Elementary School
PublicK to 6

Serrano Middle School
Public7 to 8

San Gorgonio High School
Public9 to 12

Alternative Learning Center
Public1 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

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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 DEBRA HANNA BROKER, DEBRA HANNA, DRE #01473392

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.