NOT LISTED FOR SALE

1136 E Flora St Ontario, CA 91764

Estimated Value: $1,205,000 - $1,498,513

12 Beds
8 Baths
4,592 Sq Ft
$308/Sq Ft Est. Value

Last Sold November 05, 2019

Last sale price $965,000 $210 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $8,390/month

72 Days on Market

About This Home

As of November 2019

Great Investment Opportunity to own a Fourplex, all Tenants Occupied, all 4 units has 3 spacious Bedrooms with 2 baths. Single Car Garage with extra parking for each Unit and plenty of Street Parking. Well Maintained Apartment Building and long term Tenants. There is a Separate Laundry Room with hookup for Extra Income. The Apartment is centrally located nearby Schools, Restaurants and Shopping Centers and Public Transportation. Major growth in the city of Rialto with numerous Logistic Warehouses coming up. Owner has not raised the rents for many years.

Last Agent to Sell the Property

TIA BYRNE

CENTURY 21 ADAMS & BARNES License #01270448 Listed on: 05/28/2019

CENTURY 21 ADAMS & BARNES

Last Buyer's Agent

Alex Rojero

REALTY ONE GROUP MASTERS License #01060709

REALTY ONE GROUP MASTERS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 9,315 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • Apartment

Interior Spaces

  • 4,592 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 15
  • Assessor Parcel Number 1048452010000

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,435
  • Trash Expense $3,200
  • Water Sewer Expense $3,200
  • New Taxes Expense $3,400
  • Operating Expense $6,400
  • Gross Income $60,000
  • Net Operating Income $60,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 3200.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 1048452010000
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 210.15

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Central
  • Sewer: Public Sewer
  • Trash Expense: 3200.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9315.00
  • Lot Size Acres: 0.2138

Multi Family

  • Gross Income: 60000.00
  • Gross Scheduled Income: 60000.00
  • Insurance Expense: 2435.00
  • Lot Size Area: 9315.0000 Square Feet
  • Net Operating Income: 60000.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 6400.00
  • Rent Control: No
  • Total Expenses: 6400.00

Tax Info

  • New Taxes Expense: 3400.00
  • Tax Lot: 1
  • Tax Tract Number: 15.03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2019
Sold by
Alvarado Angel
Bought by
Mardueno Zenaida J
Current Estimated Value
$1,412,378

Purchase Details

Closed on
Jul 5, 2006
Sold by
Alvarado Maria Guadalupe
Bought by
Alvarado Angel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2001
Sold by
Alvarado Maria Guadalupe
Bought by
Alvarado Angel

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
7.09%

Purchase Details

Closed on
May 14, 2001
Sold by
Geller William L
Bought by
Alvarado Angel

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
7.09%

Purchase Details

Closed on
Jul 6, 1998
Sold by
Geller William L
Bought by
Geller William L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
7%

Purchase Details

Closed on
Feb 19, 1998
Sold by
Cozort Sherry
Bought by
The William L Geller Trust

Purchase Details

Closed on
Dec 22, 1996
Sold by
Federal National Mortgage Association
Bought by
Cozort Sherry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
7.58%

Purchase Details

Closed on
Nov 15, 1996
Sold by
Johnson Ella S
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
7.58%

Purchase Details

Closed on
Apr 21, 1994
Sold by
Federal National Mortgage Association
Bought by
Johnson Ella S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,500
Interest Rate
8.53%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 6, 1994
Sold by
First Nationwide Bank
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,500
Interest Rate
8.53%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 5, 1994
Sold by
Master Mtg Company
Bought by
First Nationwide Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,500
Interest Rate
8.53%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mardueno Zenaida J $965,000 Chicago Title Company
Alvarado Angel -- Fidelity National Title Co
Alvarado Angel -- Orange Coast Title
Alvarado Angel $250,000 Orange Coast Title
Geller William L -- Fidelity National Title
The William L Geller Trust $55,097 Chicago Title Co
Cozort Sherry $112,000 Fidelity National Title
Federal National Mortgage Association $107,637 Ati Title
Johnson Ella S $110,000 Fidelity National Title Ins
Federal National Mortgage Association -- --
First Nationwide Bank $243,985 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alvarado Angel $415,000
Previous Owner Alvarado Angel $225,000
Previous Owner Geller William L $113,000
Previous Owner Cozort Sherry $107,000
Previous Owner Johnson Ella S $93,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2019 11/05/19 Sold $965,000 -2.5% $210 / Sq Ft
08/08/2019 08/08/19 Pending -- -- --
07/22/2019 07/22/19 Price Changed $989,500 -1.0% $215 / Sq Ft
07/14/2019 07/14/19 Price Changed $999,900 -2.4% $218 / Sq Ft
05/28/2019 05/28/19 For Sale $1,025,000 -- $223 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $11,881 $1,055,367 $207,791 $847,576
2024 $11,881 $1,034,674 $203,717 $830,957
2023 $11,010 $1,014,387 $199,723 $814,664
2022 $10,865 $994,497 $195,807 $798,690
2021 $10,798 $974,997 $191,968 $783,029
2020 $10,608 $965,000 $190,000 $775,000
2019 $3,626 $331,083 $79,462 $251,621
2018 $3,574 $324,591 $77,904 $246,687
2017 $3,445 $318,226 $76,376 $241,850
2016 $3,308 $311,986 $74,878 $237,108
2015 $3,284 $307,299 $73,753 $233,546
2014 $3,180 $301,279 $72,308 $228,971
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    TIA BYRNE

    CENTURY 21 ADAMS & BARNES

    (626) 815-1260

    10 Total Sales

    TIA BYRNE
    Section Image

  • A

    Buyer's Agent in 2019

    Alex Rojero

    REALTY ONE GROUP MASTERS

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV19124051

California Regional Multiple Listing Service (CRMLS)

APN: 1048-452-01

California San Bernardino County Ontario 91764

1136 E Flora St, Ontario, CA

Not Listed for Sale

MultiFamily

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