NOT LISTED FOR SALE

402 E California St Ontario, CA 91761

Downtown Ontario Neighborhood

Estimated Value: $567,000 - $739,000

4 Beds
2 Baths
1,756 Sq Ft
$364/Sq Ft Est. Value

Last Sold February 14, 2018

Last sale price $395,000 $225 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,734/month

18 Days on Market

About This Home

As of February 2018

***EXCELLENT OPPORTUNITY TO OWN THESE TWO ON A LOT BUILDINGS***EACH HOUSE HAS TWO BEDROOM AND ONE BATH***NEWER ELECTRICAL PANEL (per seller done about 4-5 yrs ago)***NEWER EXTERIOR PAINT***BOTH UNITS NEED TLC***FRONT HOUSE WAS BUILT IN 1914 AND THE BACK HOUSE WAS BUILT IN 1954***GREAT RENTAL AREA AND RENTS COULD EASILY BE HIGHER***RENT BOTH OR LIVE IN ONE AND RENT THE OTHER***

Last Agent to Sell the Property

gilda ERIN

Century 21 Masters License #01334064 Listed on: 12/11/2017

Century 21 Masters

Last Buyer's Agent

Luis Zapata

Re/Max Champions License #01207413

Re/Max Champions

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1914

Lot Details

  • 7,600 Sq Ft Lot
  • No Common Walls

Parking

  • 1 Car Garage

Interior Spaces

  • 1,756 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 16
  • Assessor Parcel Number 1049342080000

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,016
  • Water Sewer Expense $2,986
  • Operating Expense $3,992
  • Gross Income $21,060
  • Net Operating Income $18,074

Property Details

Home Type

Multi-Family

Year Built

Built in 1914

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 2986.00
  • Property Type: Residential Income
  • Parcel Number: 1049342080000
  • Year Built: 1914
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 224.94

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • 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: Lot 6500-9999
  • Lot Size Sq Ft: 7600.00

Multi Family

  • Gross Income: 21060.00
  • Gross Scheduled Income: 21060.00
  • Insurance Expense: 1016.30
  • Net Operating Income: 18073.92
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 2986.08
  • Rent Control: No
  • Total Expenses: 3992.30

Tax Info

  • Tax Census Tract: 16.00
  • Tax Lot: 4
  • Tax Tract Number: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2017
Closed on
Jan 8, 2018
Sold by
Leonarad Laura and Silverton Florence
Bought by
Juarez Ruben
Seller's Agent
gilda ERIN
Century 21 Masters
Buyer's Agent
Luis Zapata
Re/Max Champions
List Price
$379,000
Sold Price
$395,000
Premium/Discount to List
$16,000
4.22%
Current Estimated Value
$639,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,078
Avg. Annual Appreciation
6.23%
Original Mortgage
$381,816
Outstanding Balance
$320,629
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$318,449

Purchase Details

Closed on
Jun 6, 2008
Sold by
Silverton Florence
Bought by
Silverton Florence and Silverton Survivors Trust
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
Juarez Ruben $395,000 Wfg National Title Company
Silverton Florence -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Juarez Ruben $381,816
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2018 02/14/18 Sold $395,000 +4.2% $225 / Sq Ft
12/11/2017 12/11/17 For Sale $379,000 -- $216 / 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 $4,944 $449,443 $172,951 $276,492
2024 $4,831 $440,631 $169,560 $271,071
2023 $4,696 $431,991 $166,235 $265,756
2022 $4,634 $423,520 $162,975 $260,545
2021 $4,605 $415,215 $159,779 $255,436
2020 $4,524 $410,958 $158,141 $252,817
2019 $4,485 $402,900 $155,040 $247,860
2018 $413 $35,172 $6,773 $28,399
2017 $399 $34,482 $6,640 $27,842
2016 $384 $33,806 $6,510 $27,296
2015 $381 $33,298 $6,412 $26,886
2014 $369 $32,645 $6,286 $26,359
Source: Public Records

Agents Affiliated with this Home

  • gilda ERIN

    Seller's Agent in 2018

    gilda ERIN

    Century 21 Masters

    (909) 374-9869

    24 Total Sales

    gilda ERIN
    Section Image
  • Luis Zapata

    Buyer's Agent in 2018

    Luis Zapata

    RE/MAX

    (626) 827-3161

    64 Total Sales

    Luis Zapata
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17272727

California Regional Multiple Listing Service (CRMLS)

APN: 1049-342-08

California San Bernardino County Ontario 91761 Downtown Ontario

402 E California St, Ontario, CA

Not Listed for Sale

MultiFamily

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