7113 Garden Drive

San Bernardino, CA 92404

$745,000
Last Sold Price
8
Beds
5
Baths
3,476 Sq. Ft.
$214 / Sq. Ft.
3,476
Sq. Ft.
$214
per Sq. Ft.

Description

5 units all fully occupied! Great long-term tenants, never missed rent! Best investment property in the market! All units have separate electric, gas meters and laundry hookups. Unit 3 has been newly remodeled! Unit 2 is a granny house attached to Unit 1. There is already a floor plan and ADU permit in the process with the city for the 6th Unit, can be leased for another $1500! Termite Clearance Report recently done. Low Maintenace! This will sell fast! This property is tenant occupied, No For Sale...5 units all fully occupied! Great long-term tenants, never missed rent! Best investment property in the market! All units have separate electric, gas meters and laundry hookups. Unit 3 has been newly remodeled! Unit 2 is a granny house attached to Unit 1. There is already a floor plan and ADU permit in the process with the city for the 6th Unit, can be leased for another $1500! Termite Clearance Report recently done. Low Maintenace! This will sell fast! This property is tenant occupied, No For Sale sign. Please do not disturb tenants under any circumstances. Please call listing agent for additional information. All offers subject to buyers due diligence. Property sold as is. Cash, commercial loan only. We have commercial lender available upon request.
  1. Listed by WEI CHEN • DRE #01939911 • Brokerage DRE #02060655 • JYG Royal Investment Co

Property Details for 7113 Garden Drive

View
None
Parking Spaces Total
0
Private Pool
No
Cooling Type
Electric
Total Units
5.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
3476

Location

Listing Courtesy of JYG Royal Investment Co, WEI CHEN, DRE #01939911

Sold By JYG Royal Investment Co, NA LI, DRE #01872533

Add your commute
LISTING UPDATED: 06/20/2022 02:40 AM

Property Details for 7113 Garden Drive

StatusClosed
MLS #WS22094085
Days on Market15
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1947
Lot Size0.44 AC / 19,000 SF
CountySan Bernardino County

Location

Listing Courtesy of JYG Royal Investment Co, WEI CHEN, DRE #01939911

Sold By JYG Royal Investment Co, NA LI, DRE #01872533

Add your commute

Building Information for 7113 Garden Drive

Stories1Residences-Year Built1947Building Size-Lot Size0.44 AC / 19,000 SF

Payment Calculator

$4,870 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,066

Property Taxes

$804

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7113 Garden Drive

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $65,040
  • Gross Scheduled Income: $65,040
  • Net Operating Income: $48,010
  • Current Financing: None
  • Financing: Cash
Expense Details
  • Operating Expense: $17,030
  • New Taxes Expense: $9,110
  • Gardener Expense: $1,200
  • Insurance Expense: $1,950
  • Maintenance Expense: $1,500
  • Professional Management Expense: $0
  • Trash Expense: $960
  • Water Sewer Expense: $960
  • Total Expenses: $17,030
Tax / Assessment Info
  • Tax Block: 5
  • Tax Tract Number: 2121
  • Tax Census Tract: 63.03
  • CFD/Mello-Roos Fee: $193
  • Tax Lot: 21
Community / Development
Community / Development
  • Accessibility Features: Parking
  • Disability Access: Other Main Level Modifications
  • Assessments YN: No
  • Assessments: None
  • Community Features: Street Lights
Property / Structure Info
Interior Features
  • Appliances: 6 Burner Stove, Dishwasher, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Microwave, Range Hood
  • Equipment: Dishwasher, Gas Or Electric Dryer Hookup, Microwave, Room
  • Interior Features: Unfurnished
  • Water Heater Features: Gas
  • Water Heater Type: Gas
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Electric
  • Heating Type: Natural Gas
  • Heat Source: Natural Gas
  • Heating: Natural Gas
Exterior Features
  • Fence: Yes
  • Fence: Wire
  • Fencing: Wire
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Number Of Units: 5
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available
  • Electric: Electricity Available, Natural Gas Available
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Assigned, Carport
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Assigned, Carport, Attached Carport
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,500
  • Unit Type Total Rent: $1,500
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,100
  • Unit Type Total Rent: $1,100
  • Unit Type Pro Forma: 1100
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,200
  • Unit Type Total Rent: $1,200
  • Unit Type Pro Forma: 1200
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $795
  • Unit Type Total Rent: $795
  • Unit Type Pro Forma: 795
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $825
  • Unit Type Total Rent: $825
  • Unit Type Pro Forma: 825
  • Unit Type Type: 5
Unit Information
  • Number Of Units Leased: 5
  • Rent Controlled: No
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 5
  • Number With Range: 5
  • Number With Refrigerator: 0
  • Number With Disposal: 4
  • Number With Patio: 1
  • Number Wall AC: 5

Property History for 7113 Garden Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 7113 Garden Drive

Taxable ValueLand$204,000Additions$561,000Total$765,000
Tax Record2023$9,643 ($804 / month)
Home Facts
Total Finished SqFt3,473 SqFtAbove Grade Finished SqFt3,473 SqFtLot Size19,000 SqFtStyleMulti-Family Dwelling (2-4)Year Built1947CountySAN BERNARDINOAPN0273-211-25-0000

Schools near 7113 Garden Drive

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
Charter - K to 6
Rating
School
Distance
Roger Anton Elementary School
PublicK to 6

Golden Valley Middle School
Public6 to 8

Pacific High School
Public9 to 12

Savant Preparatory Academy of Business
CharterK 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 JYG Royal Investment Co, WEI CHEN, DRE #01939911

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.