NOT LISTED FOR SALE

1241 E Nocta St Ontario, CA 91764

Estimated Value: $790,000 - $911,000

3 Beds
2 Baths
1,768 Sq Ft
$474/Sq Ft Est. Value

Last Sold February 19, 2020

Last sale price $497,500 $281 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $4,880/month

43 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Property is near public transit
  • Private Yard
  • Fireplace in Primary Bedroom
  • Traditional Architecture
  • No HOA

About This Home

As of February 2020

Great income producing property located in the heart of Ontario. Close to freeways, shopping, public transportation, schools and parks. This duplex is well managed and well kept. Common areas are irrigated and the property has been recently painted and new rain gutters installed. Unit A is an 884sf 2 bedroom 1 bath unit, with wall furnace, wall AC and ceiling fans. An enclosed patio is off the kitchen. Each unit comes with a 1 car garage and 1 car uncovered parking space. Unit B is an 884sf, 1 bedroom 1 bath unit with a wall furnace and mini-split AC in the living room, wall AC in the bedroom, ceiling fans, large fireplace in the bedroom, large backyard and covered patio. Each garage has it's own washer and dryer hook-ups. Kitchens include stove, oven, and plenty of storage. The adjacent property at 1247 E. Nocta is for sale as well.

Last Agent to Sell the Property

Jessica Eubanks

SIMPLE REAL ESTATE GROUP License #01911855 Listed on: 12/02/2019

Co-Listed By

Alex Oddo

SIMPLE REAL ESTATE GROUP License #01198905

Last Buyer's Agent

Katie Yau

Pinnacle Real Estate Group License #01824795

Pinnacle Real Estate Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 8,212 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Block Wall Fence
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Private Yard
  • Lawn
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Single Garage Door
  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Turnkey
  • Composition Roof

Interior Spaces

  • 1,768 Sq Ft Home
  • Living Room

Kitchen

  • Gas Oven
  • Gas Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Outdoor Features

  • Exterior Lighting

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 35
  • Tax Tract Number 6659
  • Assessor Parcel Number 0110051200000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $508
  • Trash Expense $600
  • Water Sewer Expense $1,644
  • New Taxes Expense $5,582
  • Operating Expense $9,534
  • Net Operating Income $26,105

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Maintained, Paved
  • Water Sewer Expenses: 1644.00
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 0110051200000
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Unfurnished
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Fireplace Features: Master Bedroom
  • Price Per Square Foot: 281.39
  • Room Type: All Bedrooms Down, Kitchen, Living Room

Exterior Features

  • Fence: Yes
  • Fencing: Block, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Garage, Garage - Single Door, Street
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Inside, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Lawn, Level, Near Public Transit, Sprinkler System, Yard
  • Lot Size Sq Ft: 8212.00
  • Lot Size Acres: 0.1885

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 884 Square Feet
  • Average2 Bed Area: 884 Square Feet
  • Gross Scheduled Income: 30600.00
  • Insurance Expense: 508.00
  • Lot Size Area: 8212.0000 Square Feet
  • Net Operating Income: 26105.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 4495.00
  • Rent Control: No
  • Total Actual Rent: 30600.00
  • Total Expenses: 9534.00

Tax Info

  • New Taxes Expense: 5582.00
  • Tax Census Tract: 15.04
  • Tax Lot: 35
  • Tax Tract Number: 6659

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2025
Sold by
Hong Daniel and Yau Katie
Bought by
Sweet Home Living Trust and Hong
Current Estimated Value
$838,077

Purchase Details

Listed on
Dec 2, 2019
Closed on
Feb 11, 2020
Sold by
Teays Linda J and Stasiewicz Carol
Bought by
Hong Daniel and Yau Katie
Seller's Agent
Jessica Eubanks
SIMPLE REAL ESTATE GROUP
Buyer's Agent
Katie Yau
Pinnacle Real Estate Group
List Price
$507,500
Sold Price
$497,500
Premium/Discount to List
-$10,000
-1.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.29%
Original Mortgage
$373,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 27, 2000
Sold by
Reed Calvin N and Reed Mary L
Bought by
Reed Calvin N and Reed Mary L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Sweet Home Living Trust -- None Listed On Document
Hong Daniel $500,000 Usa National Title Co Inc
Reed Calvin N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hong Daniel $373,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2020 02/19/20 Sold $497,500 -2.0% $281 / Sq Ft
12/02/2019 12/02/19 For Sale $507,500 -- $287 / 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 $5,873 $546,823 $191,388 $355,435
2024 $5,873 $536,101 $187,635 $348,466
2023 $5,708 $525,589 $183,956 $341,633
2022 $5,633 $515,283 $180,349 $334,934
2021 $5,598 $505,180 $176,813 $328,367
2020 $540 $47,340 $8,596 $38,744
2019 $536 $46,411 $8,427 $37,984
2018 $528 $45,501 $8,262 $37,239
2017 $510 $44,609 $8,100 $36,509
2016 $490 $43,734 $7,941 $35,793
2015 $487 $43,077 $7,822 $35,255
2014 $472 $42,233 $7,669 $34,564
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV19274077

California Regional Multiple Listing Service (CRMLS)

APN: 0110-051-20