5125 Bandera Street, Unit AL
5125 Bandera Street, Unit AL
$4,321,500
24
12
10,044
10,044
$430
Sold 11/2/22
Description
GREAT PRICE with a 4.00% Cap Rate on Current Rents! We are pleased to present a One-Of-A-Kind Investment Opportunity in a prime Montclair neighborhood. This listing features TWELVE Spacious 2 Bedroom + 1 Bathroom Units (Approximately 837 Square Feet Each). The property consists of SIX Single-Story Detached Duplexes on a Large 30,800 Square Foot Lot, just a couple blocks from the Montclair Town Center. Property has been Meticulously Maintained under the same ownership for Over 35 Years! There are...GREAT PRICE with a 4.00% Cap Rate on Current Rents! We are pleased to present a One-Of-A-Kind Investment Opportunity in a prime Montclair neighborhood. This listing features TWELVE Spacious 2 Bedroom + 1 Bathroom Units (Approximately 837 Square Feet Each). The property consists of SIX Single-Story Detached Duplexes on a Large 30,800 Square Foot Lot, just a couple blocks from the Montclair Town Center. Property has been Meticulously Maintained under the same ownership for Over 35 Years! There are minimal landlord expenses as units are separately metered for Gas and Electricity. All units have central A/C, Dual Pane/Low-E Glass Windows, Garage Parking, Private Patios and Laundry Hook-Ups. Property has Strong In-Place Rents with Realistic Rental Upside. ALL Six Duplexes are separately parceled allowing a Buyer to utilize Residential 30 Year Fixed Financing. Many Recent Capital Improvements include Copper Plumbing - Horizontal & Vertical, and a New Roof in 2016. Tenants can appreciate being within a short commute to Downtown Montclair and the major freeways such as 10, 71 and 60. This is a Great Asset located in a Limited Inventory Market.
- Listed by Shant Sherbetdjian • DRE #01713570 • Brokerage DRE #01164364 • Remax Commercial and Investment Realty
Property Details for 5125 Bandera Street, Unit AL
Zoning
Multifamily
Cross StreetsCentral Avenue
Parcel Number1010611020000
Total Units12.0
Living Area10044
Source Living AreaOther
AreaMontclair (685)
Vacancy Ratenone
Location
LISTING UPDATED: 11/02/2022 10:27 AM
Property Details for 5125 Bandera Street, Unit AL
Status | Sold |
---|---|
MLS # | 22-160265 |
Days on Market | 147 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1963 |
Lot Size | 0.71 AC / 30,800 SF |
County | San Bernardino County |
Location
Building Information for 5125 Bandera Street, Unit AL
Stories1Residences-Year Built1963Building Size-Lot Size0.71 AC / 30,800 SF
Payment Calculator
$23,584 per month
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Property Information for 5125 Bandera Street, Unit AL
Property History for 5125 Bandera Street, Unit AL
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 5125 Bandera Street, Unit AL
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.
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