NOT LISTED FOR SALE

1061 E D St Ontario, CA 91764

7 Beds
6 Baths
3,963 Sq Ft
0.58 Acres

Last Sold March 14, 2023

Last sale price $1,300,000 $328 Per Sq Ft

63 Days on Market

Highlights

  • 0.58 Acre Lot
  • No HOA
  • Central Heating

About This Home

As of March 2023

JUST REDUCED!! Great investment opportunity! These 5 units are located in an excellent location with easy access to freeway and shopping district. The main unit has 3 bedrooms and 2 baths approximately 1659 SF; four units are 1 bedroom 1 bath. These units sit on a huge lot over 25,000 SF with plenty of parking and is a desirable rental area.

Last Agent to Sell the Property

Amy Lei

KW Executive License #01370893 Listed on: 10/04/2022

KW Executive

Co-Listed By

Yi-Cheng Chu

KW Executive License #02040364

Last Buyer's Agent

Teresa Choi

IRN Realty License #01899679

IRN Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 0.58 Acre Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 20 Parking Spaces

Home Design

  • Apartment

Interior Spaces

  • 3,963 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Additional Features

  • Exterior Lighting
  • Central Heating

Listing and Financial Details

  • Tax Lot 22
  • Tax Tract Number 3046
  • Assessor Parcel Number 1048431010000
  • $707 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 5 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $800
  • Insurance Expense $2,400
  • Maintenance Expense $2,500
  • Professional Management Expense $3,000
  • Trash Expense $1,200
  • Water Sewer Expense $1,500
  • Operating Expense $11,400
  • Gross Income $93,000
  • Net Operating Income $81,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Price Per Unit: 296000
  • Professional Management Expense: 3000.00
  • Property Attached: Yes
  • Water Sewer Expenses: 1500.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 800.00
  • Parcel Number: 1048431010000
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 328.03

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 20.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Central
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 25098.00
  • Lot Size Acres: 0.5762

Multi Family

  • Gross Income: 93000.00
  • Gross Scheduled Income: 93000.00
  • Insurance Expense: 2400.00
  • Lot Size Area: 25098.0000 Square Feet
  • Maintenance Expense: 2500.00
  • Net Operating Income: 81600.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 11400.00
  • Rent Control: No
  • Total Expenses: 11400.00

Tax Info

  • Tax Census Tract: 15.03
  • Tax Lot: 22
  • Tax Tract Number: 3046
  • TaxOtherAnnualAssessmentAmount: 707.00

Range of Values:

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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 Change Sq Ft Price
03/14/2023 03/14/23 Sold $1,300,000 -12.2% $328 / Sq Ft
10/20/2022 10/20/22 Price Changed $1,480,000 -6.3% $373 / Sq Ft
10/04/2022 10/04/22 For Sale $1,580,000 +179.6% $399 / Sq Ft
02/21/2014 02/21/14 Sold $565,000 -2.6% $341 / Sq Ft
01/12/2014 01/12/14 Pending -- -- --
12/08/2013 12/08/13 For Sale $580,000 -- $350 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Amy Lei

    KW Executive

    (626) 200-8508

    2 in this area

    18 Total Sales

    Amy Lei
    Section Image

  • Y

    Seller Co-Listing Agent in 2023

    Yi-Cheng Chu

    KW Executive

    (626) 872-2207

    2 in this area

    14 Total Sales

    Yi-Cheng Chu
    Section Image
  • Teresa Choi

    Buyer's Agent in 2023

    Teresa Choi

    IRN Realty

    (626) 445-6660

    2 in this area

    13 Total Sales

    Teresa Choi
    Section Image

  • E

    Seller's Agent in 2014

    EHTESHAMUDDI AHMED

    SOUTHERN PACIFIC MORTGAGE

    (626) 524-8060

    4 Total Sales

    EHTESHAMUDDI AHMED
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS22214328

California Regional Multiple Listing Service (CRMLS)
California San Bernardino County Ontario 91764

1061 E D St, Ontario, CA

This home is located at 1061 E D St, Ontario, CA 91764 since 04 October 2022. This property was built in 1928. 1061 E D St is a home located in San Bernardino County with nearby schools including Del Norte Elementary School, Ray Wiltsey Middle School, and Chaffey High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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