Seller's Agent in 2018
Kevin Lee
Berkshire Hathaway HomeServices California Properties
(626) 975-2521
80 Total Sales
1036 E Elma St Unit A-B-C Ontario, CA 91764
Estimated Value: $810,000 - $1,059,370
6
Beds
3
Baths
2,175
Sq Ft
$431/Sq Ft
Est. Value
Highlights
- Mountain View
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- No HOA
- Tile Flooring
- 1-Story Property
About This Home
As of June 20183 Units Multi-Family Complex in Ontario for Sale. 100% Occupied. All units are 2 Bed/ 1 Bath. This is an extremely rare investment offers 4.73% CAP Rate (Over 6% CAP Rate after Stabilized to Market Rent). Great cash flow. Amazing upside potential with all units individually metered for electricity and gas. Most windows were upgraded with vinyl windows. All units have gas wall heaters and window A/C units. 6 parking spaces (2 parking spaces per unit).
Last Agent to Sell the Property
Berkshire Hathaway HomeServices California Properties License #01720786 Listed on: 05/22/2018
Last Buyer's Agent
Shirley Huang
Coldwell Banker George Realty License #01774442
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,943
Year Built
- Built in 1962
Lot Details
- 5,292 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Triplex
Interior Spaces
- 2,175 Sq Ft Home
- 1-Story Property
- Tile Flooring
- Mountain Views
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Parking
- Parking Available
- Driveway
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Listing and Financial Details
- Tenant pays for electricity, gas, trash collection
- Tax Lot 8
- Tax Tract Number 1793
- Assessor Parcel Number 1048492220000
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $800
- Maintenance Expense $1,204
- Water Sewer Expense $3,108
- New Taxes Expense $6,739
- Operating Expense $11,851
- Gross Income $41,400
- Net Operating Income $28,307
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 30, 2021
Sold by
Wutan Alejandro
Bought by
Wutan Alejandro and Tan Huiyu
Current Estimated Value
Purchase Details
Listed on
May 22, 2018
Closed on
Jun 7, 2018
Sold by
Diamond Plus Investments Llc
Bought by
Wutan Alejandro and Tan Huiyu
Seller's Agent
Kevin Lee
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Shirley Huang
Coldwell Banker George Realty
List Price
$599,000
Sold Price
$650,000
Premium/Discount to List
$51,000
8.51%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.07%
Purchase Details
Closed on
Jul 1, 2017
Sold by
Javc Investment Llc
Bought by
Diamond Plus Investments Llc
Purchase Details
Closed on
Jan 11, 2013
Sold by
Tsai Amy Yeishen
Bought by
Javc Investment Llc
Purchase Details
Closed on
Nov 2, 2012
Sold by
Chu Cheng Ming
Bought by
Tsai Amy Yeishen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
3.27%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 1, 2012
Sold by
Yu Su Hao and Yu Jinny
Bought by
Tsai Amy Yeishen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
3.27%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 11, 2012
Sold by
An Jing
Bought by
Yu Jinny
Purchase Details
Closed on
Aug 27, 2010
Sold by
Hernandez Robert M and Hernandez Royina C
Bought by
Hernandez Robert M and Hernandez Royina C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.51%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 4, 2004
Sold by
Lopez Albert R
Bought by
Hernandez Robert M and Hernandez Royina C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,500
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wutan Alejandro | -- | Accommodation/Courtesy Recordi | |
| Wutan Alejandro | $650,000 | Ticor Title Company | |
| Diamond Plus Investments Llc | $475,000 | Chicago Title Company | |
| Javc Investment Llc | -- | Ctc | |
| Tsai Amy Yeishen | -- | First American Title | |
| Tsai Amy Yeishen | $335,000 | First American Title | |
| Yu Jinny | -- | Chicago Title | |
| Yu Su Hao | -- | Chicago Title | |
| Yu Su Hao | $275,000 | Chicago Title | |
| Hernandez Robert M | -- | Stewart Title Of California | |
| Hernandez Robert M | $335,000 | Investors Title Co San Bern |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Tsai Amy Yeishen | $216,000 | |
| Previous Owner | Tsai Amy Yeishen | $216,000 | |
| Previous Owner | Hernandez Robert M | $225,000 | |
| Previous Owner | Hernandez Robert M | $234,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/21/2018 06/21/18 | Sold | $650,000 | 0.0% | $299 / Sq Ft |
| 06/13/2018 06/13/18 | Pending | -- | -- | -- |
| 06/02/2018 06/02/18 | Price Changed | $650,000 | +8.5% | $299 / Sq Ft |
| 05/22/2018 05/22/18 | For Sale | $599,000 | -- | $275 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $7,943 | $739,589 | $256,011 | $483,578 |
| 2024 | $7,943 | $725,087 | $250,991 | $474,096 |
| 2023 | $7,720 | $710,870 | $246,070 | $464,800 |
| 2022 | $7,618 | $696,931 | $241,245 | $455,686 |
| 2021 | $7,709 | $683,266 | $236,515 | $446,751 |
| 2020 | $7,438 | $676,260 | $234,090 | $442,170 |
| 2019 | $7,374 | $663,000 | $229,500 | $433,500 |
| 2018 | $5,322 | $475,000 | $170,000 | $305,000 |
| 2017 | $3,923 | $355,450 | $44,882 | $310,568 |
| 2016 | $3,768 | $348,480 | $44,002 | $304,478 |
| 2015 | $3,743 | $343,245 | $43,341 | $299,904 |
| 2014 | $3,626 | $336,521 | $42,492 | $294,029 |
Source: Public Records
Agents Affiliated with this Home
-
-
S
Buyer's Agent in 2018
Shirley Huang
Coldwell Banker George Realty
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: TR18121060
APN: 1048-492-22
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