S
Seller's Agent in 2014
STEVE HSU
MARCUS & MILLICHAP
3241 Triumph Ln Ontario, CA 91764
Estimated Value: $1,497,000 - $1,615,000
10
Beds
4
Baths
4,005
Sq Ft
$393/Sq Ft
Est. Value
Highlights
- Balcony
- Laundry Room
- Central Air
About This Home
As of October 2014This 4-unit offering is located at 3241 Triumph Lane in Ontario, CA. Built in 1986, the property is situated on a 0.26 acre lot and has approximately 4,005 rentable square feet. The subject property consists of a two-story building with a pitched tile roof. The property is located in North Ontario above the I-10 freeway and Haven Avenue. Very strong rental location and a rare opportunity to purchase in this specific area.
The Triumph Apartments are comprised of 2 Three-Bedroom / One and Half Bathrooms Townhomes and 2 Two-Bedroom / One Bathroom Townhomes. Each unit has the following amenities: Attached 2-Car Garage with Washer / Dryer Hook-Ups, Central Air Conditioning and Heating, Patio or Balcony, Individual Hot Water Heater, Dishwasher, Gas Oven & Stove. In addition, each unit is individually metered for gas and electric. The landlord is responsible for water, sewer, trash and common area utilizes. In July 2014, the property received new exterior paint and partial areas of wood-fascia replacement. 15% below market rents and over $200 per unit upside in rents. Seller has owned for 28 years and keeps rents well below market.
Last Agent to Sell the Property
STEVE HSU
MARCUS & MILLICHAP License #01032768 Listed on: 07/22/2014
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1986
Lot Details
- 11,326 Sq Ft Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Parking
- 8 Car Garage
- Parking Available
- Assigned Parking
Home Design
- 4,005 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 10 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Washer Hookup
Additional Features
- Balcony
- Central Air
Listing and Financial Details
- Assessor Parcel Number 0210411150000
Community Details
Overview
- 4 Units
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Electric Expense $1,264
- Gardener Expense $1,540
- Insurance Expense $1,409
- Maintenance Expense $3,200
- Other Expense $525
- Trash Expense $1,264
- Water Sewer Expense $1,264
- New Taxes Expense $8,212
- Gross Income $51,600
- Net Operating Income $31,641
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 22, 2014
Closed on
Oct 14, 2014
Sold by
Ginger Property Management Lp
Bought by
Ojuri Charles G and The Charles G Ojuiri Living Tr
Seller's Agent
STEVE HSU
MARCUS & MILLICHAP
Buyer's Agent
Aaron Mills
Compass
List Price
$788,000
Sold Price
$760,000
Premium/Discount to List
-$28,000
-3.55%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$812,440
Avg. Annual Appreciation
6.53%
Original Mortgage
$570,000
Outstanding Balance
$436,988
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$1,135,452
Purchase Details
Closed on
Mar 26, 2009
Sold by
Ginger John L
Bought by
Ginger Property Management Lp
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ojuri Charles G | $760,000 | First American Title Company | |
| Ginger Property Management Lp | -- | None Available | |
| Jlg Holdings Gp Inc | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ojuri Charles G | $570,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/23/2014 10/23/14 | Sold | $760,000 | -3.6% | $190 / Sq Ft |
| 09/12/2014 09/12/14 | Pending | -- | -- | -- |
| 07/22/2014 07/22/14 | For Sale | $788,000 | -- | $197 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $9,723 | $913,406 | $319,692 | $593,714 |
| 2024 | $9,461 | $895,497 | $313,424 | $582,073 |
| 2023 | $9,243 | $877,938 | $307,278 | $570,660 |
| 2022 | $9,073 | $860,724 | $301,253 | $559,471 |
| 2021 | $8,994 | $843,847 | $295,346 | $548,501 |
| 2020 | $8,830 | $835,195 | $292,318 | $542,877 |
| 2019 | $8,795 | $818,818 | $286,586 | $532,232 |
| 2018 | $8,862 | $802,763 | $280,967 | $521,796 |
| 2017 | $8,401 | $787,023 | $275,458 | $511,565 |
| 2016 | $8,581 | $771,591 | $270,057 | $501,534 |
| 2015 | $5,177 | $483,936 | $121,839 | $362,097 |
| 2014 | $5,020 | $474,456 | $119,452 | $355,004 |
Source: Public Records
Agents Affiliated with this Home
-
-
Aaron Mills
Buyer's Agent in 2014
Aaron Mills
Compass
(714) 270-2424
80 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV14169473
APN: 0210-411-15
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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