NOT LISTED FOR SALE

Estimated Value: $579,000 - $799,556

5 Beds
4 Baths
2,200 Sq Ft
$323/Sq Ft Est. Value

Last Sold October 13, 2023

Last sale price $745,000 $339 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $4,412/month

18 Days on Market

Highlights

  • Two Primary Bedrooms
  • Private Yard
  • Neighborhood Views
  • Open Floorplan
  • No HOA
  • Den

About This Home

As of October 2023

Welcome to 311 and 309 E East E St. Ontario, CA! This exceptional duplex presents a unique opportunity for homeowners and investors. The property consists of detached units, offering privacy and flexibility. The front unit boasts approximately 1,150 square feet of living space, featuring 3 bedrooms and 2 bathrooms, while the back unit offers approximately 1,050 square feet with 2 bedrooms and 2 bathrooms.

Situated on an oversized lot of approximately 8,500 square feet, this property provides ample outdoor space for various activities. The generous lot size allows for potential customization, such as creating a beautiful garden or adding additional amenities to enhance your lifestyle.

A notable feature of this duplex is the 2-car detached garage. Furthermore, there is exciting potential to convert the garage into an Accessory Dwelling Unit (ADU), making it a triplex. Buyers are encouraged to verify this possibility with the city to explore the full potential of the property.

With a long driveway, ample parking space available for residents and guests, ensuring convenience and ease of access.

The "live in one and rent the other" concept is perfect for those seeking additional income or multi-generational living arrangements. This arrangement allows for financial stability while enjoying the benefits of homeownership.

Located near the beautiful Euclid walking areas, residents can explore picturesque trails and enjoy the natural surroundings for leisurely walks or active pursuits.

The duplex benefits from its proximity to the 10 and 60 freeways, providing easy access to transportation and convenience for daily commuting.

Nestled in a nice neighborhood, this property offers a welcoming and peaceful environment. Enjoy the sense of community and the pleasant surroundings that this area provides. Separated gas and electric meters.

To provide an immersive experience, virtual tours are available for both units. Take a virtual walkthrough of each unit to get a comprehensive understanding of the layout, design, and features. Supplemental information is also available to provide additional details.

Don't miss out on the opportunity to own this remarkable duplex in Ontario, CA. Whether you're an investor looking to expand your portfolio or a homeowner seeking a flexible living arrangement, this property offers endless possibilities. Schedule a viewing today to experience the incredible potential and convenience this duplex has to offer.

Last Agent to Sell the Property

Abraham Prattella

AGENCY 8 REAL ESTATE GROUP License #01506646 Listed on: 07/04/2023

Co-Listed By

Jing Fan

Pinnacle Real Estate Group License #02091169

Last Buyer's Agent

Jaime Sutachan

South Bay Executive Realty, Inc. License #01886915

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1911

Lot Details

  • 8,496 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • South Facing Home
  • Wood Fence
  • Chain Link Fence
  • Level Lot
  • Private Yard
  • Lawn
  • Back and Front Yard

Parking

  • 2 Car Garage
  • 8 Open Parking Spaces
  • Parking Available
  • Driveway Level

Home Design

  • Duplex
  • Entry on the 1st floor
  • Turnkey
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,200 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Family Room
  • Living Room
  • Den
  • Neighborhood Views
  • Galley Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Double Master Bedroom
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, grounds care, gas, telephone, trash collection
  • Legal Lot and Block 9 / 15
  • Tax Tract Number 14
  • Assessor Parcel Number 1048372130000
  • $379 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Professional Management Expense $1,200
  • Water Sewer Expense $1,300
  • Operating Expense $210
  • Gross Income $3,324
  • Net Operating Income $3,114

Property Details

Home Type

Multi-Family

Year Built

Built in 1911

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 1200.00
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 1300.00
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 1048372130000
  • Year Built: 1911
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Open Floorplan
  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 338.64
  • Room Type: Den, Family Room, Galley Kitchen, Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Two Primaries

Exterior Features

  • Direction Faces: South
  • Exterior Features: Lighting
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Asphalt
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Paved, Driveway Level, Garage
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 8.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn, Lot 6500-9999, Level, Yard
  • Lot Size Sq Ft: 8496.00
  • Lot Size Acres: 0.1950

Rental Info

  • Tenant Pays: Cable TV, Electricity, Grounds Care, Gas, Telephone, Trash Collection

Multi Family

  • Average2 Bed Area: 1050 Square Feet
  • Average3 Bed Area: 1150 Square Feet
  • Gross Income: 3323.75
  • Gross Scheduled Income: 3324.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 8496.0000 Square Feet
  • Net Operating Income: 3113.75
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 210.00
  • Rent Control: No
  • Total Actual Rent: 3323.00
  • Total Expenses: 210.00

Tax Info

  • Tax Block: 15
  • Tax Census Tract: 14.00
  • Tax Lot: 9
  • Tax Tract Number: 14
  • TaxOtherAnnualAssessmentAmount: 379.00

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2023
Sold by
Fan Jing and Fan Jiguo
Bought by
Acosta Diana Ivette and Acosta Guadalupe Cruz
Current Estimated Value
$710,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$633,250
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 28, 2016
Closed on
Sep 2, 2016
Sold by
Hollingworth Donald K
Bought by
Fan Jing and Song Jigou
Seller's Agent
Barbara Albanese
REALTY MASTERS & ASSOCIATES
Buyer's Agent
Abraham Prattella
AGENCY 8 REAL ESTATE GROUP
List Price
$455,000
Sold Price
$367,000
Premium/Discount to List
-$88,000
-19.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.36%

Purchase Details

Closed on
Mar 18, 2004
Sold by
Adams Folds Audrey
Bought by
Audrey Adams Folds Revocable Living Tr and Adams Fold Audrey
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

Date Buyer Sale Price Title Company
Acosta Diana Ivette $745,000 Lawyers Title
Fan Jing $367,000 Ticor Title Riverside
Audrey Adams Folds Revocable Living Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Acosta Diana Ivette $633,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/13/2023 10/13/23 Sold $745,000 +0.9% $339 / Sq Ft
09/26/2023 09/26/23 For Sale $738,000 -0.9% $335 / Sq Ft
07/22/2023 07/22/23 Pending -- -- --
07/19/2023 07/19/23 Off Market $745,000 -- --
07/04/2023 07/04/23 For Sale $738,000 +101.1% $335 / Sq Ft
09/09/2016 09/09/16 Sold $367,000 -8.0% $207 / Sq Ft View Prior Sale
08/31/2016 08/31/16 Pending -- -- --
08/09/2016 08/09/16 Price Changed $399,000 -3.9% $225 / Sq Ft
07/08/2016 07/08/16 Price Changed $415,000 -8.8% $234 / Sq Ft
05/28/2016 05/28/16 For Sale $455,000 -- $256 / 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 $8,153 $759,900 $224,400 $535,500
2024 $8,153 $745,000 $220,000 $525,000
2023 $4,451 $409,396 $139,440 $269,956
2022 $4,392 $401,369 $136,706 $264,663
2021 $4,365 $393,499 $134,025 $259,474
2020 $4,289 $389,464 $132,651 $256,813
2019 $4,252 $381,827 $130,050 $251,777
2018 $4,193 $374,340 $127,500 $246,840
2017 $4,043 $367,000 $125,000 $242,000
2016 $1,273 $116,678 $30,886 $85,792
2015 $1,265 $114,925 $30,422 $84,503
2014 $1,225 $112,674 $29,826 $82,848
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV23119108

California Regional Multiple Listing Service (CRMLS)

APN: 1048-372-13