NOT LISTED FOR SALE

1874 E 5th St Ontario, CA 91764

Estimated Value: $676,148 - $855,000

6 Beds
4 Baths
2,162 Sq Ft
$367/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $702,000 $325 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,454/month

15 Days on Market

About This Home

As of April 2024

Duplex on a 7586-foot lot. Ideal for two families. Unit A has 3 Bedrooms and 2 Bath with lots of natural planting all around, Unit B has 3 Bedroom 2 bath with beautiful planting all round! Both with great size yards. Corona Elementary school less than 5 mins from property! Both Units need a bit of TLC. It's beautiful with so much potential Great investment property Must See!

Last Agent to Sell the Property

Gustavo Flores

Coldewll Banker Leaders Brokerage Phone: 323-816-5925 License #01080663 Listed on: 03/27/2024

Coldewll Banker Leaders

Last Buyer's Agent

Noemi Lemus

Coldewll Banker Leaders License #02177074

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 7,586 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 2,162 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 7102
  • Assessor Parcel Number 0110482180000
  • $297 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $2,400
  • Water Sewer Expense $1,800
  • Operating Expense $4,200
  • Gross Income $33,600
  • Net Operating Income $2,466

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1800.00
  • Zoning: R2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 0110482180000
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 324.70

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7586.00
  • Lot Size Acres: 0.1742

Multi Family

  • Gross Income: 33600.00
  • Gross Scheduled Income: 2800.00
  • Insurance Expense: 2400.00
  • Lot Size Area: 7586.0000 Square Feet
  • Net Operating Income: 2466.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 334.00
  • Rent Control: No
  • Total Expenses: 4200.00

Tax Info

  • Tax Census Tract: 13.08
  • Tax Lot: 2
  • Tax Tract Number: 7102
  • TaxOtherAnnualAssessmentAmount: 297.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2024
Closed on
Apr 12, 2024
Sold by
Garcia Family Trust and Garcia Rudolph L
Bought by
Hernandez Francisco Sanchez
Seller's Agent
Gustavo Flores
Coldewll Banker Leaders
Buyer's Agent
Noemi Lemus
Coldewll Banker Leaders
List Price
$690,000
Sold Price
$702,000
Premium/Discount to List
$12,000
1.74%
Views
117
Current Estimated Value
$792,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,537
Avg. Annual Appreciation
7.63%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Hernandez Francisco Sanchez $702,000 California Best Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2024 04/30/24 Sold $702,000 +1.7% $325 / Sq Ft
04/11/2024 04/11/24 Pending -- -- --
03/27/2024 03/27/24 For Sale $690,000 -- $319 / 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 $3,763 $716,040 $249,900 $466,140
2024 $3,763 $342,703 $81,165 $261,538
2023 $3,657 $335,984 $79,574 $256,410
2022 $3,609 $329,396 $78,014 $251,382
2021 $3,586 $322,937 $76,484 $246,453
2020 $3,524 $319,626 $75,700 $243,926
2019 $3,710 $313,359 $74,216 $239,143
2018 $3,445 $307,215 $72,761 $234,454
2017 $3,322 $301,191 $71,334 $229,857
2016 $3,191 $295,285 $69,935 $225,350
2015 $3,169 $290,850 $68,885 $221,965
2014 $3,071 $285,153 $67,536 $217,617
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24060805

California Regional Multiple Listing Service (CRMLS)

APN: 0110-482-18