5161 Orchard Street,  Montclair CA, 91763 (Residential Income)

1,996 sqft
Status: Sold
MLS#: AR16705352
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Last Updated: 12/5/2016 9:03 AM
Description for 5161 Orchard Street Montclair, CA 91763
This is a rare to find property in the heart of the City of Montclair. 2 houses located in the huge 17400 sq ft corner lot, with its own front and back yard for each house. Front house has 2 bedrooms and 2 bathrooms with detached 2 car garage. The master bedroom has a loft/office through the double french door, private bathroom with walk-in closet and Jacuzzi tub. Nice floor plan with double pane windows, laminated wood flooring, and large kitchen with granite and lots of cabinets space. Laundry hookup inside, and double pane patio door access to the huge backyard. Front house does need some TLC to make it gorgeous. Second house also has 2 bedrooms and 2 bathrooms with attached one car garage. This house was completed in year 2010 and everything is well maintained. Open floor plan with double pane windows and french door to the porch outside. Fairly new kitchen cabinet with granite top. Beautiful laminated wood flooring throughout. Master bedroom has private bathroom. For outside, wrought iron fence around the lot with the gorgeous front area and you can bring your own imagination to beautify it. Cap Rate is close to 5%. This property is centrally located and easy to access everywhere. Walking distance to school, park, restaurants and shop. Perfect for investor to add it to their portfolio or to live in one and rent the other for additional income. Hurry! don't miss this opportunity.
Price
Sold Price:
$550,000
Sold Date:11/03/2016
San Bernardino
1,996 (approx)
AR16705352
Closed
Description
This is a rare to find property in the heart of the City of Montclair. 2 houses located in the huge 17400 sq ft corner lot, with its own front and back yard for each house. Front house has 2 bedrooms and 2 bathrooms with detached 2 car garage. The master bedroom has a loft/office through the double french door, private bathroom with walk-in closet and Jacuzzi tub. Nice floor plan with double pane windows, laminated wood flooring, and large kitchen with granite and lots of cabinets space. Laundry hookup inside, and double pane patio door access to the huge backyard. Front house does need some TLC to make it gorgeous. Second house also has 2 bedrooms and 2 bathrooms with attached one car garage. This house was completed in year 2010 and everything is well maintained. Open floor plan with double pane windows and french door to the porch outside. Fairly new kitchen cabinet with granite top. Beautiful laminated wood flooring throughout. Master bedroom has private bathroom. For outside, wrought iron fence around the lot with the gorgeous front area and you can bring your own imagination to beautify it. Cap Rate is close to 5%. This property is centrally located and easy to access everywhere. Walking distance to school, park, restaurants and shop. Perfect for investor to add it to their portfolio or to live in one and rent the other for additional income. Hurry! don't miss this opportunity.
Listing Information
Property Type: Cluster, Other
0.39 Acres 1,740,000 sq.ft. 1,996 (approx)
$275.55 1912
Yes- 3 spaces Stucco
Raised Foundation
Gas Water Heater
2 Total
Neighborhood
Room Information
Gas Dryer Hookup
Interior Features
Gas Range/Cooktop
Hardwood Laminate
Central Air
Forced Air
Part Copper Plumbing
Alarm -Smoke/Fire,
French Doors
Exterior / Lot Features
3 Garage Spaces, 9 Parking Spaces, Handicap Parking, Assigned Parking Space
Stucco
Shingle
None
No Pool
Wrought Iron
Two On a Lot, Security Lighting, Urban
Driving Directions
South of 10 freeway, stay on Central Ave and right on Orchard St.
Financial Considerations
1010362130000
,$8,656
Listing Price History

Montclair Real Estate

Montclair is located in California. Montclair, California 91763 has a population of 36,960.

The median household income in Montclair, California 91763 is $50,266. The median household income for the surrounding county is $54,750 compared to the national median of $53,046. The median age of people living in Montclair 91763 is 32.3 years.

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Courtesy: Coldwell Banker Dynasty T.C. Peter Wu
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