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8231 Tapia Via Dr

6 Unit Block of Flats £1,735,011 (£289,168/Unit) 3.54% Net Initial Yield Rancho Cucamonga, CA 91730

Executive Summary

FULLY OCCUPIED !! NEW Roof, New Paint, New Electrical Panel and all Unit has been upgraded along with Stainless steel refrigerators and stoves included. Property includes 6 single car garages with additional parking space for visitors. Community Laundry Room located in back of property with coin facilities. Close distance to Red Hill Country Club, Walmart Neighborhood Market, many shops and restaurants.

Financial Summary (Actual - 2023)

Annual Annual Per SF
Gross Rental Income £113,029 £20.52
Other Income - -
Vacancy Loss - -
Effective Gross Income £113,029 £20.52
Taxes £15,839 £2.88
Operating Expenses £30,353 £5.51
Total Expenses £46,192 £8.39
Net Operating Income £66,837 £12.13

Financial Summary (Actual - 2023)

Gross Rental Income
Annual £113,029
Annual Per SF £20.52
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual £113,029
Annual Per SF £20.52
Taxes
Annual £15,839
Annual Per SF £2.88
Operating Expenses
Annual £30,353
Annual Per SF £5.51
Total Expenses
Annual £46,192
Annual Per SF £8.39
Net Operating Income
Annual £66,837
Annual Per SF £12.13

Property Facts

Price £1,735,011
Price Per Unit £289,168
Sale Type Investment
Net Initial Yield 3.54%
Sale Conditions Shell & Core
Gross Rent Multiplier 15.89
No. Units 6
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.21 AC
Building Size 5,508 SF
Average Occupancy 100%
Number of Floors 2
Year Built/Renovated 1963/2010
Parking Ratio 1.09/1,000 SF

Unit Amenities

  • Air Conditioning
  • Yard

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
2+1 6 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0207-123-13
Land Assessment
£526,033 (2024)
Improvements Assessment
£973,983 (2024)
Total Assessment
£1,500,016 (2024)
Annual Taxes
£15,839 (£2.88/sf)
Tax Year
2023

zoning

Zoning Code R2 (Residential)
R2 (Residential)
  • Listing ID: 31567045

  • Date on Market: 20/04/2024

  • Last Updated:

  • Address: 8231 Tapia Via Dr, Rancho Cucamonga, CA 91730

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