NOT LISTED FOR SALE
2 Beds
1 Bath
10,200 Sq Ft
15,400 Sq Ft Lot

Last Sold February 23, 2017

Last sale price $1,700,000 $167 Per Sq Ft

22 Days on Market

Highlights

  • 15,400 Sq Ft lot
  • Cul-De-Sac
  • Laundry Room
  • Lawn
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

About This Home

As of February 2017

1005 & 1009 E St. Ontario, 2 buildings, 12 units, separate gas and electric for each unit, common courtyard in between the facing buildings, 12 carports in the rear. Rents are low for the area, and should be bumped up over $200 each per month, owned for about 30 years by the same owner. 2 parcels.

Last Agent to Sell the Property

Danny Holznecht

ALLIED COMMERCIAL REAL ESTATE License #00635371 Listed on: 10/24/2016

Last Buyer's Agent

Charles Fann

IRN REALTY License #01081256

IRN REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 0.35 Acre Lot
  • Two or More Common Walls
  • Cul-De-Sac
  • Lawn
  • 1010463060000

Home Design

  • Property Attached

Interior Spaces

  • 10,200 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 12 Parking Spaces
  • 12 Carport Spaces

Outdoor Features

  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 34
  • Tax Tract Number 4124
  • Assessor Parcel Number 1010463070000

Community Details

Overview

  • 2 Buildings
  • 12 Units

Amenities

  • Laundry Facilities

Building Details

  • 12 Separate Electric Meters
  • 12 Separate Gas Meters
  • Electric Expense $3,600
  • Insurance Expense $3,500
  • Trash Expense $6,000
  • Water Sewer Expense $6,000
  • New Taxes Expense $19,877
  • Operating Expense $38,977
  • Gross Income $127,200
  • Net Operating Income $83,531

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0.35 Acres

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 6000.00
  • Property Type: Residential Income
  • Parcel Number: 1010463070000
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 166.67

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 12.00
  • Total Parking Spaces: 12.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 6000.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Gutters

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 1010463060000
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Lawn
  • Lot Size Sq Ft: 15400.00

Multi Family

  • Electric Expense: 3600.00
  • Gross Income: 127200.00
  • Gross Scheduled Income: 127200.00
  • Insurance Expense: 3500.00
  • Laundry Income: 1200.00
  • Net Operating Income: 83531.00
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 12
  • Number Of Units Total: 12
  • Operating Expense: 37309.00
  • Rent Control: No
  • Total Expenses: 38977.00

Tax Info

  • New Taxes Expense: 19877.00
  • Tax Census Tract: 11.01
  • Tax Lot: 34
  • Tax Tract Number: 4124
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2017 02/23/17 Sold $1,700,000 -8.1% $167 / Sq Ft
11/15/2016 11/15/16 Pending -- -- --
11/03/2016 11/03/16 For Sale $1,850,000 0.0% $181 / Sq Ft
10/31/2016 10/31/16 Pending -- -- --
10/24/2016 10/24/16 For Sale $1,850,000 -- $181 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,854 $986,498 $290,147 $696,351
2024 $10,607 $967,155 $284,458 $682,697
2023 $10,309 $948,191 $278,880 $669,311
2022 $10,173 $929,599 $273,412 $656,187
2021 $10,110 $911,372 $268,051 $643,321
2020 $9,932 $902,027 $265,302 $636,725
2019 $9,847 $884,340 $260,100 $624,240
2018 $9,711 $867,000 $255,000 $612,000
2017 $6,310 $571,488 $158,526 $412,962
2016 $6,061 $560,283 $155,418 $404,865
2015 $6,020 $551,867 $153,083 $398,784
2014 $5,833 $541,056 $150,084 $390,972
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV16732588

California Regional Multiple Listing Service (CRMLS)
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