$1,499,000
$1K PRICE DROP

Estimated payment $9,486/month

Total Views 23,944
9 Beds
8 Baths
2,683 Sq Ft
$559 Price per Sq Ft

Highlights

  • Corner Lot
  • Back and Front Yard
  • 1-Story Property
  • Laundry Room

About This Home

Historical units located in the tree lined streets of Ontario. Sale consist of Two properties with two separate parcels. 428 E E St (Parcel#: 1048-374-06) & 422 E E St (Parcel#: 1048-374-05) totaling 7 Units. Units have direct access to sidewalk/streets and private spacious back yard. Such a well designed layout. Properties a very well maintained and have been upgraded with newer electrical, plumbing (all copper), and automatic sprinkler system for property landscape. Front units are both 3 bedroom plus a studio. There are a total of 3 additional units with 1 bedroom, 1 bath. All units are equipped with washer and dry hookups. Units are leased/occupied with great tenants. Seller has owned this well performing property for over 30 years. This is a great investment opportunity!! Seller Financing Available.

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

Year Built

  • Built in 1920

Lot Details

  • 8,496 Sq Ft Lot
  • No Common Walls
  • Corner Lot
  • Back and Front Yard
  • 104837405

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 2,683 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Listing and Financial Details

  • Legal Lot and Block 1 / 17
  • Tax Tract Number 14
  • Assessor Parcel Number 1048374060000
  • $844 per year additional tax assessments

Community Details

Overview

  • 4 Buildings
  • 7 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,500
  • Insurance Expense $1,628
  • Trash Expense $190
  • Water Sewer Expense $184
  • Operating Expense $3,502
  • Gross Income $84,300
  • Net Operating Income $66,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Price Per Unit: 214143
  • Property Attached: No
  • Water Sewer Expenses: 184.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 1048374060000
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 558.70

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 190.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Additional Parcels Description: 104837405
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Lot 6500-9999
  • Lot Size Sq Ft: 8496.00
  • Lot Size Acres: 0.1950

Multi Family

  • Electric Expense: 1500.00
  • Gross Income: 84300.00
  • Gross Scheduled Income: 84300.00
  • Insurance Expense: 1628.00
  • Lot Size Area: 8496.0000 Square Feet
  • Net Operating Income: 66300.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 7
  • Operating Expense: 18000.00
  • Rent Control: No
  • Total Expenses: 3502.00

Tax Info

  • Tax Block: 17
  • Tax Census Tract: 14.00
  • Tax Lot: 1
  • Tax Tract Number: 0014
  • TaxOtherAnnualAssessmentAmount: 844.00

Map

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 Price Changed $1,499,000 -0.1% $559 / Sq Ft
03/15/2025 03/15/25 For Sale $1,500,000 -- $559 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV25055502

California Regional Multiple Listing Service (CRMLS)