NOT LISTED FOR SALE

Estimated Value: $1,132,000 - $1,392,000

9 Beds
7 Baths
4,269 Sq Ft
$294/Sq Ft Est. Value

Sale Details

Date Sold: September 15, 2020

Last sale price $930,000 $218 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $7,718 / mo

159 Days on Market

About This Home

As of September 2020

Looking for an opportunity to invest for your future? Look no further! One – 3 bedroom/2 bath, two – 2 bedroom/2 bath, and one – 2 bedroom/1 bath. Each two bedroom apartment has its own one car garage and the three bedroom apartment has a two car garage. These four units are in a prime location: close to Ontario Airport, Convention Center, and Ontario Mills Mall; within walking distance of shopping center and close to freeway. Each unit has its own gas and electricity meter. Apartment building is sold as is. Please do not disturb the tenants.

Last Agent to Sell the Property

MARIA MEZA

MARIA MEZA, BROKER License #01817203 Listed on: 02/23/2020

Last Buyer's Agent

ANTHONY SHAW

FIRST TEAM REAL ESTATE License #01443665

FIRST TEAM REAL ESTATE

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 8,150 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 2 Open Parking Spaces
  • 5 Car Garage

Interior Spaces

  • 4,269 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry in unit
  • Washer and Gas Dryer Hookup

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 21
  • Tax Tract Number 9471
  • Assessor Parcel Number 0216421520000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,060
  • Maintenance Expense $1,000
  • Water Sewer Expense $4,680
  • New Taxes Expense $9,290
  • Operating Expense $17,030
  • Net Operating Income $45,310

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

8,150 Sq Ft Lot

Parking

5

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 4680.00
  • Property Type: Residential Income
  • Parcel Number: 0216421520000
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 217.85

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 8150.00
  • Lot Size Acres: 0.1871

Multi Family

  • Gross Scheduled Income: 62340.00
  • Insurance Expense: 2060.00
  • Lot Size Area: 8150.0000 Square Feet
  • Maintenance Expense: 1000.00
  • Net Operating Income: 45310.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 17030.00
  • Rent Control: Yes
  • Total Expenses: 17030.00

Tax Info

  • New Taxes Expense: 9290.00
  • Tax Census Tract: 18.08
  • Tax Lot: 21
  • Tax Tract Number: 9471

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2020
Closed on
Sep 6, 2020
Sold by
Bought by
Seller's Agent
MARIA MEZA
MARIA MEZA, BROKER
Buyer's Agent
ANTHONY SHAW
FIRST TEAM REAL ESTATE
List Price
$950,000
Sold Price
$930,000
Premium/Discount to List
-$20,000
-2.11%
Current Estimated Value
$1,256,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,804
Avg. Annual Appreciation
5.37%
Original Mortgage
$930,000
Outstanding Balance
$825,313
Interest Rate
2.9%
Mortgage Type
Construction
Estimated Equity
$431,491

Purchase Details

Closed on
Apr 21, 2014
Sold by
Bought by

Purchase Details

Closed on
Nov 21, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$481,775
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$459,000
Interest Rate
6.46%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 14, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
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

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 Buyer Sale Price Title Company
$930,000 Wfg National Title Co Of Ca
-- None Available
-- Lawyers Title Company
$759,000 Chicago Title
-- Chicago Title
-- Title Company
-- Commonwealthlandtitle Glenda
$737,500 Commonwealthlandtitle Glenda
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $930,000
Previous Owner $481,775
Previous Owner $459,000
Previous Owner $590,000
Source: Public Records

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
09/15/2020 09/15/20 Sold $930,000 -2.1% $218 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
03/14/2020 03/14/20 For Sale $950,000 0.0% $223 / Sq Ft
03/10/2020 03/10/20 Pending -- -- --
02/23/2020 02/23/20 For Sale $950,000 -- $223 / 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
2025 $11,156 $1,006,662 $201,332 $805,330
2024 $10,906 $986,923 $197,384 $789,539
2023 $10,603 $967,572 $193,514 $774,058
2022 $11,017 $948,600 $189,720 $758,880
2021 $10,399 $930,000 $186,000 $744,000
2020 $9,369 $849,935 $349,143 $500,792
2019 $9,288 $833,270 $342,297 $490,973
2018 $9,161 $816,931 $335,585 $481,346
2017 $8,832 $800,913 $329,005 $471,908
2016 $8,885 $815,418 $343,109 $472,309
2015 $8,826 $803,169 $337,955 $465,214
2014 $8,556 $787,436 $331,335 $456,101
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV20039561

California Regional Multiple Listing Service (CRMLS)

APN: 0216-421-52

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