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SOLD 6/10/2021

1017 Lombard Drive, Redlands, CA 92374$812,500

8
beds
8
baths
4200
ft2
· 11875
ft2 lot
$214 / ft2

Listing provided courtesy of Listing Broker: RITA SHAW, RITA SHAW BROKER & ASSOCIATES
Source CRMLS;
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Fourplex in North Redlands. Each unit is 2 bedrooms and 2 baths. They each have a patio and single-car detached garage. There is also a laundry room for extra income. Some long-term tenants have been in place for ten years. Four units qualify for an FHA loan if you occupy one. Vets can buy this for no money down, occupy one unit and get income from the rest. This property is close to downtown Redlands and the freeway. Excellent Redlands school district.

HOA

$0/month

On market

5 days

Year built

1965

Property type

Multi-Family

Parking

4

MLS

EV21069638

Price / Sq.Ft.

$214 / ft2

Status

Closed

Home details for 1017 Lombard Drive

Interior Features & Layout
Appliances
•   
Laundry Details: Common Area, Community
•   
Laundry: 1
Rooms Info
•   
Average3 Bed Area Units: Square Feet
•   
Average Studio Area Units: Square Feet
•   
Average2 Bed Area Units: Square Feet
•   
Average1 Bed Area Units: Square Feet
Heating & Cooling
•   
Has Heating
•   
Heating Details: Natural Gas
•   
Cooling Details: Electric
Interior Size
•   
Building Area Total: 4200.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Garage Spaces: 4.00
Property Features
•   
View: Mountain(s), Neighborhood
•   
Common Walls: 2+ Common Walls
Building Info
•   
Building Area Units: Square Feet
•   
Stories Total: 1
•   
Num Stories: One
•   
Year Built Source: Public Records
Lot Info
•   
Lot Features: 2-5 Units/Acre
•   
Lot Size Source: Assessor
•   
Elevation Units: Feet
•   
Lot Size Acres: 0.2726
•   
Lot Size Area: 11875.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 1
•   
Total Units: 4
Property Type
•   
Common Interest: Planned Development
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 4
•   
Number Of Separate Gas Meters: 4
•   
Number Of Separate Water Meters: 1
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer
Listing Details, Costs & Financing Information
Financial Info
•   
Water Sewer Expense: 7530.00
•   
Fuel Expense: 0.00
•   
Trash Expense: 0.00
•   
New Taxes Expense: 11403.00
•   
Insurance Expense: 2076.00
•   
Total Expenses: 25372.00
•   
Gross Scheduled Income: 58240.00
•   
Operating Expense: 11893.00
•   
Gardener Expense: 1320.00
•   
Furniture Replacement Expense: 0.00
Tax/Assessment Info
•   
Gross Income: 58240.00
•   
Tax Year: 2020
•   
Taxes: 8146.52
Lease Info
•   
Net Operating Income: 32868.00
Listing Info
•   
Status: Closed
Other
•   
Electric Expense: 0.00
•   
Cable Tv Expense: 0.00
Multi Unit Information
Unit 3 Information
•   
Unit 3 Bedrooms: 2
•   
Unit 3 Actual Rent: 1240.00
•   
Unit 3 Total Units: 1
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Garage Spaces: 1.00
•   
Unit 3 Bathrooms: 2
•   
Unit 3 Total Rent: 14880.00
Unit 2 Information
•   
Unit 2 Actual Rent: 1215.00
•   
Unit 2 Bedrooms: 2
•   
Unit 2 Total Units: 1
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 2
•   
Unit 2 Garage Spaces: 1.00
•   
Unit 2 Total Rent: 14580.00
Unit 1 Information
•   
Unit 1 Bedrooms: 2
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Garage Spaces: 1.00
•   
Unit 1 Bathrooms: 2
•   
Unit 1 Actual Rent: 1350.00
•   
Unit 1 Total Rent: 16200.00
Unit 4 Information
•   
Unit 4 Actual Rent: 1215.00
•   
Unit 4 Total Units: 1
•   
Unit 4 Furnished Units: Unfurnished
•   
Unit 4 Total Rent: 14580.00
•   
Unit 4 Bathrooms: 2
•   
Unit 4 Garage Spaces: 1.00
•   
Unit 4 Bedrooms: 2
Multi Unit Information
•   
# Of Units: 4
•   
Number Of Units Leased: 4
School Neighborhood & Directions
Location
•   
Community Features: Suburban
School Info
•   
Directions: Take Brockton to Lombard
Other
Calculation
•   
Dom: 5
•   
Cdom: 5

Neighborhood snapshot

47
Properties for sale
7
Median days on market
$308.22
Median sold price/sqft
101.81%
Sold/List %
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Property History for 1017 Lombard Drive

06/10/2021
06/10/2021
Public Record
sold
Public Record
$812,500
--9.71%
06/10/2021
06/10/2021
CRMLS #EV21069638
sold
CRMLS #EV21069638
$899,900
04/10/2021
04/10/2021
CRMLS #EV21069638
pending
CRMLS #EV21069638
$899,900
04/05/2021
04/05/2021
CRMLS #EV21069638
active
CRMLS #EV21069638
$899,900
+480.58%
01/18/2000
01/18/2000
Public Record
sold
Public Record
$155,000
--3.13%
See more property history

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