NOT LISTED FOR SALE

1120 E Elma St Ontario, CA 91764

Ontario Area
2 Beds
1 Bath
2,310 Sq Ft
6,300 Sq Ft Lot

Sale Details

Date Sold: June 13, 2025

Last sale price $770,000 $333 Per Sq Ft

119 Days on Market

Highlights

  • Corner Lot
  • Cottage
  • Wrought Iron Fence
  • Lawn
  • 3 Car Garage
  • Vinyl Flooring

About This Home

As of June 2025

**PRICE REDUCED** Located in Ontario’s Downtown area, a TRI-PLEX located on a corner lot with 2 bedroom, 1 bath units with one car detached garages. The units were built in 1955 and are approximately 770 square feet each. Each unit has separate front and rear patios and individual washer/dryer hookups in the kitchen. The gross income for rent and utility reimbursement from tenant to landlord is $4,894. Professionally managed them since June 2024. $120 pass thru utility charge per unit was put in place in August 2024 and all rents were increased in January 2025. The tenants are all long term. Another rent increase can go into place in January of 2026.**Subject to cancellation of Existing escrow**

Last Agent to Sell the Property

Rudy LaBrada

THE LABRADA GROUP Brokerage Email: info@thelabradagroup.com License #01117345 Listed on: 02/11/2025

Last Buyer's Agent

Rudy LaBrada

THE LABRADA GROUP Brokerage Email: info@thelabradagroup.com License #01117345 Listed on: 02/11/2025

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 6,300 Sq Ft Lot
  • Two or More Common Walls
  • Wrought Iron Fence
  • Wood Fence
  • Corner Lot
  • Lawn

Parking

  • 3 Car Garage
  • On-Street Parking

Home Design

  • Triplex
  • Cottage
  • Entry on the 1st floor
  • Composition Roof

Interior Spaces

  • 2,310 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 15
  • Tax Tract Number 1923
  • Assessor Parcel Number 1048462070000
  • $595 per year additional tax assessments

Community Details

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,500
  • Trash Expense $1,577
  • Water Sewer Expense $3,300
  • New Taxes Expense $10,625
  • Operating Expense $18,002
  • Gross Income $58,728
  • Net Operating Income $40,726

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

6,300 Sq Ft Lot

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Alley Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 3300.00
  • Architectural Style: Cottage
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 1048462070000
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Vinyl
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 333.33
  • Room Type: All Bedrooms Down

Exterior Features

  • Fence: Yes
  • Fencing: Wood, Wrought Iron
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3.00
  • Parking Features: Garage, Street
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1577.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Lawn
  • Lot Size Sq Ft: 6300.00
  • Lot Size Acres: 0.1446

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 770 Square Feet
  • Gross Income: 58728.00
  • Gross Scheduled Income: 58728.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 6300.0000 Square Feet
  • Net Operating Income: 40726.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 18002.00
  • Rent Control: No
  • Total Expenses: 18002.00

Tax Info

  • New Taxes Expense: 10625.00
  • Tax Census Tract: 15.03
  • Tax Lot: 15
  • Tax Tract Number: 1923
  • TaxOtherAnnualAssessmentAmount: 595.00

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/13/2025 06/13/25 Sold $770,000 -4.9% $333 / Sq Ft
06/10/2025 06/10/25 Pending -- -- --
05/02/2025 05/02/25 Price Changed $810,000 -4.7% $351 / Sq Ft
02/11/2025 02/11/25 For Sale $850,000 +120.8% $368 / Sq Ft
03/30/2013 03/30/13 Sold $385,000 -2.5% $167 / Sq Ft View Prior Sale
02/19/2013 02/19/13 Pending -- -- --
01/17/2013 01/17/13 For Sale $395,000 -- $171 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,908 $785,400 $198,900 $586,500
2025 $7,908 $719,509 $252,106 $467,403
2024 $7,728 $705,401 $247,163 $458,238
2023 $7,511 $691,570 $242,317 $449,253
2022 $7,412 $678,010 $237,566 $440,444
2021 $7,366 $664,716 $232,908 $431,808
2020 $7,237 $657,900 $230,520 $427,380
2019 $4,737 $425,004 $149,028 $275,976
2018 $4,672 $416,671 $146,106 $270,565
2017 $4,504 $408,501 $143,241 $265,260
2016 $4,326 $400,491 $140,432 $260,059
2015 $4,297 $394,476 $138,323 $256,153
2014 $4,164 $386,748 $135,613 $251,135
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV25030654

California Regional Multiple Listing Service (CRMLS)
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