3643 Brockton Avenue
3643 Brockton Avenue
Description
Nestled in an irreplaceable location, this exquisite apartment building boasts unparalleled value-add potential, making it a coveted asset. Located on a palm tree-lined street, this property exudes curb appeal and charm. Its proximity to Class A buildings further enhances its desirability, ensuring a steady stream of demand from tenants seeking premium accommodations. After an impressive...Value add Seller spent over $68K updating Lobby, and 5 units. Prime Investment Opportunity in the Heart of Inland Empire
Nestled in an irreplaceable location, this exquisite apartment building boasts unparalleled value-add potential, making it a coveted asset. Located on a palm tree-lined street, this property exudes curb appeal and charm. Its proximity to Class A buildings further enhances its desirability, ensuring a steady stream of demand from tenants seeking premium accommodations. After an impressive 40-year tenure, this property is now hitting the market, presenting an exceptional opportunity for expansion in the thriving IE market. Don't miss out on the chance to elevate your investment portfolio and capitalize on the booming IE market.
- Listed by Diva Rescia • DRE #02118714 • Brokerage DRE #00530854 • Marcus & Millichap
- Listed by Ken Shah • DRE #01959110 • Marcus & Millichap Real Estate
Property Details for 3643 Brockton Avenue
Location
Property Details for 3643 Brockton Avenue
| Status | Active |
|---|---|
| MLS # | PW24075837 |
| Days on Market | 14 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1961 |
| County | Riverside County |
Location
Building Information for 3643 Brockton Avenue
Payment Calculator
$12,686 per month
30 year fixed, 7.25% Interest
$12,552
$134
$0
Property Information for 3643 Brockton Avenue
- Gross Income: $0
- Gross Scheduled Income: $123,240
- Vacancy Allowance: 3697
- Vacancy Allowance Rate: 3
- Gross Operating Income: $119,543
- Net Operating Income: $104,795
- Number Of Rented Garages: 0
- Current Financing: FHA, Conventional, Fannie Mae, Freddie Mac, Other, Private
- Operating Expense: $16,848
- Operating Expense Percent: 13.90%
- Fuel Expense: $1,440
- Electric Expense: $0
- Insurance Expense: $4,500
- Professional Management Expense: $0
- Trash Expense: $5,400
- Water Sewer Expense: $2,400
- Total Expenses: $16,848
- Tax Year: 2023
- Tax Annual Amount: $1,607
- Tax Block: 6
- Tax Tract Number: 030200
- Tax Census Tract: 302.00
- CFD/Mello-Roos Fee: $1,607
- Tax Lot: 3
- Accessibility Features: 2+ Access Exits, Parking
- Disability Access: 2+ Access Exits, Other Main Level Modifications
- Community Features: Biking, Golf, Sidewalks, Street Lights
- Interior Features: 2 Staircases, Granite Counters
- Room Type: Laundry
- Laundry: Yes
- Laundry Features: Common Area, Gas & Electric Dryer Hookup
- Flooring: Laminate, See Remarks
- Exterior Features: Balcony
- Entry Location: ground
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Walk Score: 90
- Lot Features: Walkstreet
- Number Of Units: 9
- Land Lease: No
- Land Lease Type: Fee
- Levels: Two
- Water: Public
- Sewer: Public Sewer
- Utilities: Electricity Available, Natural Gas Available, See Remarks, Sewer Available, Water Available
- Electric: Electricity Available, Natural Gas Available, See Remarks, Sewer Available, Water Available
- Water Source: Public
- Garage Spaces: 4
- Parking: Yes
- Parking Garage: Assigned
- Uncovered Spaces: 8
- Open Other Spaces Total: 8
- Parking Garage Spaces: 4
- Carport Spaces: 0
- Parking Features: Assigned
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $1,500
- Unit Type Total Rent: $1,500
- Unit Type Pro Forma: 2200
- Unit Type Type: 1
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Actual Rent: $1,720
- Unit Type Total Rent: $1,720
- Unit Type Pro Forma: 1800
- Unit Type Type: 2
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Actual Rent: $1,720
- Unit Type Total Rent: $1,720
- Unit Type Pro Forma: 1800
- Unit Type Type: 3
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Actual Rent: $1,600
- Unit Type Total Rent: $1,600
- Unit Type Pro Forma: 1800
- Unit Type Type: 4
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Actual Rent: $1,550
- Unit Type Total Rent: $1,550
- Unit Type Pro Forma: 1800
- Unit Type Type: 5
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Actual Rent: $1,200
- Unit Type Total Rent: $1,200
- Unit Type Pro Forma: 1800
- Unit Type Type: 6
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Actual Rent: $0
- Unit Type Total Rent: $0
- Unit Type Pro Forma: 1800
- Unit Type Type: 7
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Actual Rent: $980
- Unit Type Total Rent: $980
- Unit Type Pro Forma: 1800
- Unit Type Type: 8
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Actual Rent: $0
- Unit Type Total Rent: $0
- Unit Type Pro Forma: 1800
- Unit Type Type: 9
- Rent Controlled: No
- Number Of Buildings: 1
- Number Of Separate Electric Meters: 9
- Number Of Separate Gas Meters: 9
- Number Of Separate Water Meters: 9
Property History for 3643 Brockton 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 3643 Brockton Avenue
Schools near 3643 Brockton Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 12 |
Rating | School | Distance |
|---|---|---|
Bryant Elementary School PublicK to 6 | ||
Central Middle School Public7 to 8 | ||
Polytechnic High School Public9 to 12 | ||
Riverside Virtual PublicK 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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Listing Courtesy of Marcus & Millichap, Diva Rescia, DRE #02118714; Marcus & Millichap Real Estate, Ken Shah, DRE #01959110
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.