$899,000
$80K PRICE DROP

Estimated payment $5,193/month

Total Views 23,041
3 Beds
3 Baths
2,664 Sq Ft
$337 Price per Sq Ft

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property

About This Home

Price Improvement!! Welcome to this amazing triplex located at 318 E F Street, Ontario. This property is an investor’s dream, featuring three units and a 20x40 4 car garage situated on a 8,500 square foot lot. The current tenants have maintained good standing, ensuring a seamless transition for new ownership. This triplex offers ample parking including a four car garage, providing convenience and security for tenants. The prime location is a significant advantage, with easy access to freeways, dining, city centers, and entertainment options. Seller has owned this well performing property for over 20 years. Don’t miss out on this wonderful investment opportunity.

Listing Agent

Alejandro Martin Del Campo

ALLIANCE CAPITAL REALTY Brokerage Phone: 951454-1649 License #01437457 Listed on: 03/15/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,840

Year Built

  • Built in 1925

Lot Details

  • 8,496 Sq Ft Lot
  • No Common Walls

Parking

  • 4 Car Garage

Home Design

  • Triplex
  • Entry on the 1st floor
  • Shingle Roof

Interior Spaces

  • 2,664 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Listing and Financial Details

  • Legal Lot and Block 3 / 15
  • Tax Tract Number 14
  • Assessor Parcel Number 1048372040000
  • $686 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,850
  • Trash Expense $1,257
  • Water Sewer Expense $2,900
  • Operating Expense $6,007
  • Gross Income $45,600
  • Net Operating Income $34,175

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,840

Year Built

Built in 1925

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 299667
  • Property Attached: No
  • Water Sewer Expenses: 2900.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 1048372040000
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 337.46

Exterior Features

  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1257.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 8496.00
  • Lot Size Acres: 0.1950

Multi Family

  • Gross Income: 45600.00
  • Gross Scheduled Income: 45600.00
  • Insurance Expense: 1850.00
  • Lot Size Area: 8496.0000 Square Feet
  • Net Operating Income: 34175.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 11425.00
  • Rent Control: No
  • Total Actual Rent: 3800.00
  • Total Expenses: 6007.00

Tax Info

  • Tax Block: 15
  • Tax Census Tract: 14.00
  • Tax Lot: 3
  • Tax Tract Number: 0014
  • TaxOtherAnnualAssessmentAmount: 686.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,840 $423,696 $199,052 $224,644
2024 $4,840 $415,388 $195,149 $220,239
2023 $4,574 $407,244 $191,323 $215,921
2022 $4,377 $399,259 $187,572 $211,687
2021 $4,349 $391,430 $183,894 $207,536
2020 $4,273 $387,416 $182,008 $205,408
2019 $4,237 $379,819 $178,439 $201,380
2018 $4,178 $372,371 $174,940 $197,431
2017 $4,028 $365,070 $171,510 $193,560
2016 $3,869 $357,912 $168,147 $189,765
2015 $3,843 $330,000 $68,000 $262,000
2014 $3,556 $330,000 $68,000 $262,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 Price Changed $899,000 -8.2% $337 / Sq Ft
03/15/2025 03/15/25 For Sale $979,000 -- $367 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $298,000 Fidelity National Title Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $75,000 Credit Line Revolving
Open $300,000 Stand Alone First
Previous Owner $238,400 Purchase Money Mortgage
Closed $29,800 No Value Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV25055508

California Regional Multiple Listing Service (CRMLS)

APN: 1048-372-04