NOT LISTED FOR SALE

Estimated Value: $1,263,000 - $1,418,048

6 Beds
5 Baths
2,713 Sq Ft
$487/Sq Ft Est. Value

Last Sold June 22, 2021

Last sale price $1,090,000 $402 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $8,068/month

20 Days on Market

Highlights

  • All Bedrooms Downstairs
  • View of Trees or Woods
  • Granite Countertops
  • Edison Elementary School Rated A-
  • Wood Flooring
  • Private Yard

About This Home

As of June 2021

Welcome to 504 E Harvard Place- 3 separate completely remodeled vacant UNITS with tons of PARKING and a 2 car garage! These units are located on a beautiful tree lined street in the most highly sought after neighborhood of Ontario. The front house is 1761 sqft and contains 3 generous size bedrooms, 1.5 bathrooms, a living room, dining room, open concept kitchen with breakfast bar, a bonus room and a basement. This house was built in 1939 and has many charming original features such as refinished hardwood floors, arched doorways, single panel original doors, plaster walls, original door knobs and built-ins. Upgraded features include dual pane windows, central HVAC, soft close kitchen cabinets, granite counters and tiled stand up shower. This unit includes all appliances and houses its own laundry. The 2nd unit is a permitted ADU and is BRAND NEW. There are 2 bedrooms, 2 bathrooms, a living room and a full kitchen. This unit has soft close cabinets, quartz counters, stainless steel appliances (which are all included), glass shower doors, tiled walk-in showers, bluetooth speaker exhaust fan, vinyl wood plank floors, Milgard windows and its own A/C and heat system . The 3rd unit is 1 bedroom, 1 bathroom, a living room and full kitchen. It is also completely remodeled with soft close cabinets, quartz counters, stainless steel appliances (which are all included), ceramic wood tile flooring, a glass shower door, tiled walk-in shower, bluetooth speaker exhaust fan, barn door, Milgard windows and its own A/C and heat system. The lot size is 10,714 sqft which allows for each unit to have plenty of outdoor space. The front yard has lush grass, mature trees, planter beds and its own sprinkler system. The backyard has a combination of grass, patio area, beautiful foliage and is wrapped with a combination of block wall and vinyl fence. On top of everything, this home has PAID OFF SOLAR PANELS that service the front unit, garage and the 1 bed 1 bath unit. The 2 bed 2 bath unit has its own separate meter. This TRIPLEX is on a corner lot so there is ample parking on the street as well as 6 car parking on the property. An opportunity like this is RARE. Buy this as an investment with AMAZING CASH FLOW or live in one unit and pay your mortgage with the other two!

Last Agent to Sell the Property

Rossmery Rodriguez

OMEGA REAL ESTATE License #02134593 Listed on: 04/21/2021

Co-Listed By

MEGANN CENTENO

OMEGA REAL ESTATE License #01947371

Last Buyer's Agent

PRISCILLA DEL RIO

DEL RIO REALTY GROUP License #01904744

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,653

Year Built

  • Built in 1939

Lot Details

  • 10,714 Sq Ft Lot
  • No Common Walls
  • East Facing Home
  • Private Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Side Facing Garage
  • Single Garage Door
  • Uncovered Parking
  • Parking Lot

Property Views

  • Woods
  • Mountain

Home Design

  • Triplex
  • Slab Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 2,713 Sq Ft Home
  • Gas Fireplace
  • Family Room
  • Living Room with Fireplace
  • Wood Flooring

Kitchen

  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Dryer
  • Washer

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Sewer Connected
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas, sewer, trash collection, water
  • Tax Lot 16
  • Tax Tract Number 2489
  • Assessor Parcel Number 1047512010000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $12,000
  • Operating Expense $12,000
  • Gross Income $84,000
  • Net Operating Income $84,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,653

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Inclusions: Paid off solar panels
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 1047512010000
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Granite Counters
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Fireplace Features: Living Room, Gas
  • Levels: Three Or More
  • Price Per Square Foot: 401.77
  • Room Type: All Bedrooms Down, Family Room, Kitchen, Laundry, Living Room

Exterior Features

  • Direction Faces: East
  • Foundation: Slab
  • View: Mountain(s), Trees/Woods
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Concrete, Drywall Walls

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage Faces Side, Garage - Single Door, Parking Space, Uncovered
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, Inside, Outside, Washer Included
  • Sewer: None
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft, Yard
  • Lot Size Sq Ft: 10714.00
  • Lot Size Acres: 0.2460

Rental Info

  • Tenant Pays: Electricity, Gas, Sewer, Trash Collection, Water

Multi Family

  • Gross Income: 84000.00
  • Gross Scheduled Income: 84000.00
  • Lot Size Area: 10714.0000 Square Feet
  • Net Operating Income: 84000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No
  • Total Actual Rent: 7000.00
  • Total Expenses: 12000.00

Tax Info

  • New Taxes Expense: 12000.00
  • Tax Census Tract: 12.00
  • Tax Lot: 16
  • Tax Tract Number: 2489

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2023
Sold by
Soto Guadalupe
Bought by
Soto Guadalupe and Soto Alexandra J
Current Estimated Value
$1,321,512

Purchase Details

Listed on
Apr 21, 2021
Closed on
May 13, 2021
Sold by
Malson Kevin
Bought by
Soto Guadalupe and Soto Josefina
Seller's Agent
Rossmery Rodriguez
OMEGA REAL ESTATE
Buyer's Agent
PRISCILLA DEL RIO
DEL RIO REALTY GROUP
List Price
$999,000
Sold Price
$1,090,000
Premium/Discount to List
$91,000
9.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.56%

Purchase Details

Listed on
Apr 21, 2021
Closed on
Apr 23, 2021
Sold by
Malson Kevin E and The Malson Family Trust
Bought by
Malson Kevin E
Seller's Agent
Rossmery Rodriguez
OMEGA REAL ESTATE
Buyer's Agent
PRISCILLA DEL RIO
DEL RIO REALTY GROUP
List Price
$999,000
Sold Price
$1,090,000
Premium/Discount to List
$91,000
9.11%

Purchase Details

Listed on
May 14, 2014
Closed on
May 28, 2014
Sold by
Leatherman Paul W
Bought by
Malson William and The Malson Family Trust
Seller's Agent
VICTORIA GRIMLEY
Berkshire Hath Hm Svcs CA Prop
Buyer's Agent
Fernando Carmona
RE/MAX MASTERS
List Price
$385,000
Sold Price
$390,000
Premium/Discount to List
$5,000
1.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.74%

Purchase Details

Closed on
Nov 18, 2010
Sold by
Garcia Erik
Bought by
Leatherman Paul W and Leatherman Brianne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,566
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 30, 2004
Sold by
Lowy Stephen R
Bought by
Garcia Erik and Garcia Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Soto Guadalupe -- None Listed On Document
Soto Guadalupe $1,090,000 First American Title Company
Malson Kevin E -- None Available
Malson William $390,000 Landwood Title Company
Leatherman Paul W $300,000 Advantage Title Inc
Garcia Erik $385,000 New Century Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leatherman Paul W $294,566
Previous Owner Garcia Erik $308,000
Closed Garcia Erik $57,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/22/2021 06/22/21 Sold $1,090,000 +9.1% $402 / Sq Ft
05/12/2021 05/12/21 For Sale $999,000 -8.3% $368 / Sq Ft
05/11/2021 05/11/21 Off Market $1,090,000 -- --
04/21/2021 04/21/21 For Sale $999,000 +156.2% $368 / Sq Ft
06/12/2014 06/12/14 Sold $390,000 0.0% $221 / Sq Ft View Prior Sale
05/26/2014 05/26/14 Pending -- -- --
05/24/2014 05/24/14 Off Market $390,000 -- --
05/14/2014 05/14/14 For Sale $385,000 -- $219 / 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 $12,653 $1,179,852 $205,663 $974,189
2024 $12,653 $1,156,717 $201,630 $955,087
2023 $12,297 $1,134,036 $197,676 $936,360
2022 $12,135 $1,111,800 $193,800 $918,000
2021 $4,897 $441,678 $154,587 $287,091
2020 $4,811 $437,149 $153,002 $284,147
2019 $4,770 $428,577 $150,002 $278,575
2018 $4,704 $420,174 $147,061 $273,113
2017 $4,535 $411,935 $144,177 $267,758
2016 $4,356 $403,858 $141,350 $262,508
2015 $4,327 $397,792 $139,227 $258,565
2014 $3,299 $313,537 $109,738 $203,799
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21084663

California Regional Multiple Listing Service (CRMLS)

APN: 1047-512-01