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1363 W 19th Upland, CA 91784

4 Beds 3 Baths 2,335 sqft Built 1985

INVESTimate

$760,000

List Price

$3,160

$2,910 - $3,410

Rent Est.

$806,132  ( +6.07%)   1 YR EST. FORECAST

PROPERTY INFO

FACTS
  • Built In 1985
  • Price/Sqft : $325.48
  • 15 Days on Market
  • MLS # : IV20162541
  • Updated Date : 08/20/2020 at 21:28
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,335 sqft
  • Baths : 3 full
Listing Agent

United Empire Realty

Listing Agent's Description

Home in North Upland! Truly a Family's Delight & Great Place to Raise a Family! This property shows detailed pride of ownership. Separate Living Room with fireplace, Dining Room & Family Room, Kitchen has walk in panty. Inside you will find 4 large bedrooms and 3 full bathrooms with one bedroom and bath on the first floor – great for anyone who needs 1st floor access or to use as an office. Master includes a gas fireplace with master bath and his and her walk-in closets. Jack and Jill Bathroom for kid’s rooms upstairs. Ceiling Fans in all upstairs Bedrooms; 3 Car Garage with Direct Access to Home and extra built in storage cabinets, Florescent Lighting throughout Garage and Laundry Sink directly situated next to indoor Laundry room. The large windows around the family room looks out onto the spacious backyard with a pool and Jacuzzi. Outdoor barbecue area makes entertaining fun. Desirable School Upland District. Close to Shopping, Restaurants, Freeways, and Public Transportation. Come See this Beautiful Family Home and Make it Your Own!

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MARKET HIGHLIGHTS

  • 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)
  • 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.

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
Pepper Tree Elementary School Primary Regular 784 30 9
Pepper Tree Elementary School Middle Regular 784 30 9
Upland High School High Regular 3,456 137 7

Pepper Tree Elementary School

  • Education Level: Primary
  • # of students: 784
  • # of teachers: 30
9
GreatSchools Rating

Pepper Tree Elementary School

  • Education Level: Middle
  • # of students: 784
  • # of teachers: 30
9
GreatSchools Rating

Upland High School

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

$684,000$836,000$760,000

PURCHASE PRICE

$2,844$3,476$3,160

RENT

DOWN PAYMENT
FINANCING

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

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,160
EXPENSES Loan Payment -$2,804
Property Tax -$690
Property Insurance -$84
Property Management Fees -$186
CASH FLOW
-$605

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.

$760,000

PROJECTED PRICE

$3,160

PROJECTED RENT

0.42%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.96%
Appreciation Year (1-5) 6.07%
Maintenance Year (1-5) 8.00%
Vacancy 5.43%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$207,150

INVESTMENT

$207,150

Down Payment
$190,000
Rehab Estimate
$5,750
Closing Costs
$11,400

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$2,804

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $190,000
Loan Amount $570,000
See What Happens When You Reinvest Cash Flow

2

YEARS SAVED

$12,022

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,160

    LIST RENT
  • $1.35

    LIST RENT PER SQFT
  • $3,170

    COMP ESTIMATED VALUE
  • $1.36

    COMP AVG. RENT PER SQFT
Comps Range
$2,825
1$2,8252$2,8503$3,1604$3,4005$3,499
$3,499
RENT COMPS ANALYSIS
  • 1363 W 19th Upland, 3
    • 4 beds 3 baths ∙ 2,335 Sqft ∙ Built 1985 4 beds 3 baths ∙ 2,335 Sqft ∙ Built 1985
    • Rent
    • Rent Per SQFT
    •  
    • $3,160
    • $1.35
    •  
  • 1845 Mulberry Way Upland, 1
    • 4 beds 3 baths ∙ 2,262 Sqft ∙ Built 1975 4 beds 3 baths ∙ 2,262 Sqft ∙ Built 1975
    LEASED 12/19/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,825
    • $1.25
    •  
  • 904 W 20th Upland, 2
    • 4 beds 3 baths ∙ 2,200 Sqft ∙ Built 1981 4 beds 3 baths ∙ 2,200 Sqft ∙ Built 1981
    LEASED 11/21/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,850
    • $1.30
    •  
  • 1866 Wilson Avenue Upland, 4
    • 5 beds 3 baths ∙ 2,294 Sqft ∙ Built 1981 5 beds 3 baths ∙ 2,294 Sqft ∙ Built 1981
    LEASED 05/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,400
    • $1.48
    •  
  • 929 Darlene Court Upland, 5
    • 4 beds 3 baths ∙ 2,499 Sqft ∙ Built 1978 4 beds 3 baths ∙ 2,499 Sqft ∙ Built 1978
    LEASED 07/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,499
    • $1.40
    •  
PROPERTY LISTING DETAILS
Bunny Mattice
United Empire Realty
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: IV20162541
Last Updated: 08/20/2020
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