NOT LISTED FOR SALE
5 Beds
2 Baths
2,832 Sq Ft
0.54 Acre Lot

Sale Details

Date Sold: April 18, 2016

Last sale price $540,000 $191 Per Sq Ft

295 Days on Market

About This Home

As of April 2016

Located in Ontario, this property features a large lot and three fully occupied units with attached garages. Long term tenants with well below market rents. Tons of Upside! Property is currently located in M2 zoning which may allow you to run a business and have storage on site. Buyer to satisfy self as to the zoning and use of the property directly with the City of Ontario.

Last Agent to Sell the Property

Tony Guglielmo

ALLIED COMMERCIAL REAL ESTATE License #01301532 Listed on: 05/06/2015

Last Buyer's Agent

ARELI ZERMENO

EZE REALTY License #01416471

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 23,343 Sq Ft Lot
  • 1 Common Wall

Parking

  • 3 Car Garage

Home Design

  • 2,832 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Additional Features

  • Exterior Lighting
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 3400
  • Assessor Parcel Number 0113415330000

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,400
  • Trash Expense $900
  • Water Sewer Expense $900
  • New Taxes Expense $5,828
  • Gross Income $2,650
  • Net Operating Income $22,772

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0.54 Acres

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 900.00
  • Property Type: Residential Income
  • Parcel Number: 0113415330000
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 190.68

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 23.00

Utilities

  • Sewer: Sewer Paid
  • Trash Expense: 900.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 23343.00
  • Price Per Lot Square Foot: 23.13
  • Lot Size Acres: 0.5360

Multi Family

  • Gross Income: 2650.00
  • Gross Scheduled Income: 31800.00
  • Insurance Expense: 1400.00
  • Lot Size Area: 23343.0000 Square Feet
  • Net Operating Income: 22772.00
  • 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: 9028.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5828.00
  • Tax Lot: 9
  • Tax Tract Number: 3400
  • Tax Year: 2013

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

Closed on
Jun 14, 2022
Sold by
Bought by

Purchase Details

Listed on
May 6, 2015
Closed on
Mar 2, 2016
Sold by
Bought by
Seller's Agent
Tony Guglielmo
ALLIED COMMERCIAL REAL ESTATE
Buyer's Agent
ARELI ZERMENO
EZE REALTY
List Price
$595,000
Sold Price
$540,000
Premium/Discount to List
-$55,000
-9.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2014
Sold by
Bought by

Purchase Details

Closed on
Aug 6, 2014
Sold by
Bought by

Purchase Details

Closed on
Jan 9, 2009
Sold by
Bought by

Purchase Details

Closed on
Dec 31, 1994
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- Varela Law Pc
-- Varela Law Pc
$540,000 Lawyers Title
-- None Available
-- None Available
-- None Available
-- --
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
Previous Owner $405,000
Previous Owner $39,000
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
04/18/2016 04/18/16 Sold $540,000 -9.2% $191 / Sq Ft
02/25/2016 02/25/16 Pending -- -- --
05/06/2015 05/06/15 For Sale $595,000 -- $210 / 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 $7,029 $652,037 $225,437 $426,600
2025 $7,029 $639,252 $221,017 $418,235
2024 $6,870 $626,717 $216,683 $410,034
2023 $6,676 $614,428 $212,434 $401,994
2022 $6,588 $602,381 $208,269 $394,112
2021 $6,548 $590,569 $204,185 $386,384
2020 $6,433 $584,513 $202,091 $382,422
2019 $6,377 $573,052 $198,128 $374,924
2018 $6,289 $561,816 $194,243 $367,573
2017 $6,064 $57,104 $11,030 $46,074
2016 $628 $55,985 $10,814 $45,171
2015 $624 $55,144 $10,652 $44,492
2014 $530 $54,063 $10,443 $43,620
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV15096863

California Regional Multiple Listing Service (CRMLS)

APN: 0113-415-33

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