Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

1361 Oxford Way Upland, CA 91786

4 Beds 3 Baths 2,602 sqft Built 1965

$725,000

List Price

$3,000

$2.8K - $3.3K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 04, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1965
  • Price/Sqft : $278.63
  • 4 Days on Market
  • MLS # : PW21042306
  • Updated Date : 03/04/2021 at 22:09
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,602 sqft
  • Baths : 2 full , 1 half
Listing Agent

Bhhs Ca Properties

Listing Agent's Description

Something truly special awaits you at the end of a tree-lined cul-de-sac street in an established Upland neighborhood! This gorgeous east-facing home offers an open, contemporary floor plan perfect for entertaining! Inviting foyer has double doors, wainscoting & a beautiful stacked stone wall shared with the fireplace that opens to a huge formal living room. Here you have ample wall space, recessed lighting, new windows & new plantation shutters. The large dining room opens to the kitchen & sunroom! Sleek upgraded kitchen features a stacked stone back splash, white cabinetry, loads of storage/prep space, a breakfast bar, built-in cooking appliances, 5 burner induction range, dishwasher & refrigerator. Spacious separate family room has the 2nd fireplace & plantation shutters. Double sliding glass doors open to the expansive sunroom – it is unpermitted & perfect as a party space, hobby room, game room, pet area or for growing cooking herbs (afternoon sun). Private master suite is located on its own level! It offers plantation shutters, a ceiling fan light, tray ceiling over the vanity area & a walk-in shower with tile walls, mosaic band, seating ledge & pebble floor. Use the open loft as an office area or chill-out space. Off the kitchen you have the laundry room & guest bathroom with access to the sunroom. Desired pie-shaped lot has a wide south-facing side yard for your garden, healthy lawn, mountain view & block walls. 2 car attached garage. What a wonderful home!

SEE MORE

MARKET HIGHLIGHTS

  • Southern California's economy is worth $1.58 trillion in Gross Metro Product and projected to grow to $1.67 trillion (USMayors.org, 2018)
  • Southern California has 58.7% labor force participation rate; within this area, Los Angeles metro has 62.3% labor force participation rate (USMayors.org, 2018)
  • The area has major technology nodes of excellence: Los Angeles (Media and entertainment); Pasadena (High-tech engineering, data analytics); Riverside (Agtech, transportation/ distribution); San Diego (Healthcare, biotech, wireless communications); Irvine (Medtech, cyber security); El Segundo (Aerospace and defense IT, space transport) [BCG, 2018]
  • Los Angeles has been awarded the 2028 Olympics under a funding commitment of $88 billion to upgrade the transportation infrastructure connecting disparate pockets of the metro area. This is expected to produce additional employment in the coming years. (BCG, 2018)
  • As part of Southern California area, Inland Empire market inherits all the benefits from the area.
  • Headquarters to several Fortune 500 companies: Amgen, Farmers Insurance, Walt Disney, Avery Dennison, Activision Blizzard, CBRE Group, Edison International, Molina Healthcare, First American Financial, Pacific Life, Qualcomm and Sempra Energy (Fortune, 2018)
  • Southern California area contributes to 55.3% of California state economy i.e. Gross State Product (USMayors.org, 2018)
  • Southern California produces more technology PhDs per year than any other region in the country and many of the higher educated students stay within Souther California contributing to readily available workforce skills making the area more attractive than Silicon Valley (BCG, 2018)

PRICE & RENT TRENDS

Neighborhood: Upland

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550k600kPrice in $143k642k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Upland

NeighborhoodNIR Market*CityMarket2010Year2000 Q22019 Q21200140016001800200022002400Rent in $10822575

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Pioneer Junior High School Middle Regular 928 37 9
Upland High School High Regular 3,456 137 7

Pioneer Junior High School

  • Education Level: Middle
  • # of students: 928
  • # of teachers: 37
9
GreatSchools Rating

Upland High School

  • Education Level: High
  • # of students: 3,456
  • # of teachers: 137
7
GreatSchools Rating
 

$652,500$797,500$725,000

PURCHASE PRICE

$2,700$3,300$3,000

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,000
EXPENSES Loan Payment -$2,518
Property Tax -$677
Property Insurance -$90
Property Management Fees -$177
CASH FLOW
-$462

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 13% of earned rent to cover both maintenance and periods of vacancy.

$725,000

PROJECTED PRICE

$3,000

PROJECTED RENT

0.41%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.96%
Appreciation Year (1-5) 6.1%
Maintenance Year (1-5) 8.00%
Vacancy 5.43%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$500k$1.0M$1.5M$2.0M

PROJECTED ANNUAL CASH FLOW

11530-$10k-$5.0k$0.0$5.0k$10k$15k$20k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$197,875

INVESTMENT

$197,875

Down Payment
$181,250
Rehab Estimate
$5,750
Closing Costs
$10,875

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$2,518

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $181,250
Loan Amount $543,750
See What Happens When You Reinvest Cash Flow

2.42

YEARS SAVED

$12,888

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $3,000

    LIST RENT
  • $1.15

    LIST RENT PER SQFT
  • $3,285

    COMP ESTIMATED VALUE
  • $1.26

    COMP AVG. RENT PER SQFT
Comps Range
$2,925
1$2,9252$3,0003$3,0004$3,1505$3,300
$3,300
RENT COMPS ANALYSIS
  • 1361 Oxford Way Upland, CA 3
    • 4 beds 3 baths ∙ 2,602 Sqft ∙ Built 1965 4 beds 3 baths ∙ 2,602 Sqft ∙ Built 1965
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $1.15
    •  
  • 1845 Mulberry Way Upland, CA 1
    • 4 beds 3 baths ∙ 2,262 Sqft ∙ Built 1975 4 beds 3 baths ∙ 2,262 Sqft ∙ Built 1975
    LEASED 12/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,925
    • $1.29
    •  
  • 949 W Cumberland Street Upland, CA 2
    • 4 beds 3 baths ∙ 2,655 Sqft ∙ Built 1972 4 beds 3 baths ∙ 2,655 Sqft ∙ Built 1972
    LEASED 09/06/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $1.13
    •  
  • 1376 N Euclid Avenue Upland, CA 4
    • 4 beds 2 baths ∙ 2,338 Sqft ∙ Built 1974 4 beds 2 baths ∙ 2,338 Sqft ∙ Built 1974
    LEASED 10/30/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,150
    • $1.35
    •  
  • 1513 Fairwood Way Upland, CA 5
    • 4 beds 2 baths ∙ 2,584 Sqft ∙ Built 1976 4 beds 2 baths ∙ 2,584 Sqft ∙ Built 1976
    LEASED 11/16/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,300
    • $1.28
    •  
PROPERTY LISTING DETAILS
Cynthia Stockton
Bhhs Ca Properties
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: PW21042306
Last Updated: 03/04/2021
BESbswy