Seller's Agent in 2021
Carlos Skubacz
RE/MAX
(714) 290-0936
25 Total Sales
1859 E Rosewood Ct Ontario, CA 91764
Estimated Value: $1,059,000 - $1,218,000
9
Beds
6
Baths
3,582
Sq Ft
$324/Sq Ft
Est. Value
About This Home
As of October 20213 unit residential property located in the City of Ontario. The subject property is a Townhouse style complex with 3(3 bed/1.5 bath) built in 1978. All units have covered and uncovered parking spaces. Utilities are separately metered for gas and electricity. Tenants enjoy the available washer and dryer hook ups along with private patio’s. Each unit has their individual water heater. There are a total of 7 parking on the property. Its possible to park tandem to increase to 14 spaces. Each unit has central heating and cooling. All the units have upgraded flooring and wood cabinets.
This property has been owned by the same owner for 43 years. It’s the first time on the market since they were purchased from the builder. There is Pride of Ownership and it shows. 2 Units have rents 30% below market rents and leaves room to increase and maximize the gross income from the property. If the new owner increases the income the return will grow to over 6% annual.
Located close to 10 fwy and near schools, parks and Ontario Mills Mall, and other great shopping centers. Ideal property for beginning investor or owner occupied.
Owner is currently selling all 4 buildings next to each other. 1859, 1865, 1871, 1877 E Rosewood Ct. Total of 15 units. Call or email for marketing
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1978
Lot Details
- 7,188 Sq Ft Lot
- 1 Common Wall
- Sprinkler System
Home Design
- Quadruplex
- Composition Roof
Interior Spaces
- 3,582 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 9 Bedrooms
- 6 Bathrooms
Parking
- 4 Open Parking Spaces
- 7 Parking Spaces
- 3 Carport Spaces
- Parking Available
- Assigned Parking
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 8
- Tax Tract Number 6847
- Assessor Parcel Number 0110334050000
- $327 per year additional tax assessments
Community Details
Overview
- 3 Units
Building Details
- 3 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $600
- Insurance Expense $1,400
- Maintenance Expense $1,200
- Water Sewer Expense $3,750
- New Taxes Expense $12,438
- Operating Expense $19,508
- Gross Income $63,888
- Net Operating Income $42,463
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 20, 2023
Sold by
Lieu William Lam and Phung Lisa T
Bought by
Will Estates Llc
Current Estimated Value
Purchase Details
Listed on
Aug 19, 2021
Closed on
Sep 29, 2021
Sold by
Frances Z Gutierrez Foundation
Bought by
Lieu William Lam and Phung Lisa T
Seller's Agent
Carlos Skubacz
RE/MAX 2000
Buyer's Agent
Chad Williams
Hackett Williams, Broker
List Price
$995,000
Sold Price
$995,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.73%
Original Mortgage
$550,000
Interest Rate
2.88%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Will Estates Llc | -- | None Listed On Document | |
| Lieu William Lam | $995,000 | California Best Title | |
| Frances Z Gutierrez Foundation | -- | Accommodation |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Lieu William Lam | $550,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/29/2021 10/29/21 | Sold | $995,000 | 0.0% | $278 / Sq Ft |
| 09/04/2021 09/04/21 | Pending | -- | -- | -- |
| 08/19/2021 08/19/21 | For Sale | $995,000 | -- | $278 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $11,327 | $1,055,902 | $371,423 | $684,479 |
| 2024 | $11,327 | $1,035,198 | $364,140 | $671,058 |
| 2023 | $11,008 | $1,014,900 | $357,000 | $657,900 |
| 2022 | $10,863 | $995,000 | $350,000 | $645,000 |
| 2021 | $3,433 | $307,738 | $41,029 | $266,709 |
| 2020 | $3,373 | $304,582 | $40,608 | $263,974 |
| 2019 | $3,344 | $298,610 | $39,812 | $258,798 |
| 2018 | $3,298 | $292,755 | $39,031 | $253,724 |
| 2017 | $3,180 | $287,015 | $38,266 | $248,749 |
| 2016 | $3,055 | $281,388 | $37,516 | $243,872 |
| 2015 | $3,034 | $277,161 | $36,952 | $240,209 |
| 2014 | $2,939 | $271,732 | $36,228 | $235,504 |
Source: Public Records
Agents Affiliated with this Home
-
Carlos Skubacz
-
Chad Williams
C
Buyer's Agent in 2021
Chad Williams
Hackett Williams, Broker
(714) 600-6978
4 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW21183434
APN: 0110-334-05
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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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