1343 S Sultana Ave Ontario, CA 91761
Downtown Ontario NeighborhoodEstimated payment $4,448/month
Total Views
480
4
Beds
2
Baths
1,560
Sq Ft
$481
Price per Sq Ft
Highlights
- Corner Lot
- Tile Flooring
- 1-Story Property
- Laundry Room
- 2 Attached Carport Spaces
About This Home
Excellent Investment Opportunity! 1343 S Sultana Ave, Ontario offers a duplex with two 2-bedroom, 1-bath units totaling 1,560 sq. ft. of living space on a 6,920 sq. ft. corner lot. The property includes a fully fenced yard and two covered carport spaces. This duplex provides the perfect opportunity for value-add improvements and future upside. The spacious lot also allows room for an addition or potential ADU development (buyer to verify). Currently 100% tenant-occupied, the property generates immediate rental income and is situated in a centrally located, high-demand Ontario neighborhood near schools, shopping, dining, and freeway access. Ideal for investors seeking a 1031 exchange, long-term rental growth, or renovation project.
Listing Agent
Berkshire Hathaway HomeServices California Properties License #01720786 Listed on: 08/25/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,431
Year Built
- Built in 1953
Lot Details
- 6,920 Sq Ft Lot
- 1 Common Wall
- Corner Lot
Home Design
- Duplex
Interior Spaces
- 1,560 Sq Ft Home
- 1-Story Property
- Tile Flooring
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Parking
- 2 Parking Spaces
- 2 Attached Carport Spaces
- Parking Available
Utilities
- Sewer Paid
Listing and Financial Details
- Tax Lot 8
- Tax Tract Number 3945
- Assessor Parcel Number 1049492010000
- $392 per year additional tax assessments
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $960
- Insurance Expense $1,353
- Maintenance Expense $800
- Water Sewer Expense $3,110
- New Taxes Expense $8,437
- Operating Expense $14,660
- Gross Income $50,916
- Net Operating Income $36,256
Map
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Home Values in the Area
Average Home Value in this Area
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 | $4,431 | $412,009 | $145,074 | $266,935 |
| 2024 | $4,431 | $403,930 | $142,229 | $261,701 |
| 2023 | $4,306 | $396,010 | $139,440 | $256,570 |
| 2022 | $4,249 | $388,245 | $136,706 | $251,539 |
| 2021 | $4,223 | $380,632 | $134,025 | $246,607 |
| 2020 | $4,149 | $376,729 | $132,651 | $244,078 |
| 2019 | $4,114 | $369,342 | $130,050 | $239,292 |
| 2018 | $4,057 | $362,100 | $127,500 | $234,600 |
| 2017 | $3,911 | $355,000 | $125,000 | $230,000 |
| 2016 | $3,115 | $288,253 | $90,080 | $198,173 |
| 2015 | $3,094 | $283,923 | $88,727 | $195,196 |
| 2014 | $2,998 | $278,361 | $86,989 | $191,372 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/25/2025 08/25/25 | For Sale | $750,000 | +111.3% | $481 / Sq Ft |
| 08/05/2016 08/05/16 | Sold | $355,000 | -5.1% | $228 / Sq Ft |
| 06/15/2016 06/15/16 | Pending | -- | -- | -- |
| 06/12/2016 06/12/16 | For Sale | $373,900 | -- | $240 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $355,000 | Provident Title Company | |
| Grant Deed | -- | None Available | |
| Grant Deed | $240,000 | Chicago Title Co | |
| Grant Deed | $148,000 | Chicago Title Co | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $228,000 | Credit Line Revolving | |
| Closed | $177,500 | Purchase Money Mortgage | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $215,760 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: TR25191782
APN: 1049-492-01
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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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