NOT LISTED FOR SALE
5 Beds
4 Baths
2,052 Sq Ft
8,972 Sq Ft Lot

Sale Details

Date Sold: September 3, 2014

Last sale price $388,000 $189 Per Sq Ft

21 Days on Market

About This Home

As of September 2014

Located in the between the 60 & 10 fwy, the subject property is a 4 unit that has 2 SFR facing Nevada St and a duplex(one unit facing Vine St). Utilities are separately metered for gas and electricity. There is 2- 1 car garage parking for two of the units. All units are currently occupied and have been long term. There is room for increase in rents. Property owners have installed many new windows and have complied with City required repairs. This property is close to Downtown Ontario near many retail shops and restaurants along Euclid Ave. Owner willing to do Seller financing for qualified buyer. Call for details.

Last Agent to Sell the Property

Carlos Skubacz

RE/MAX 2000 License #01474295 Listed on: 06/06/2014

RE/MAX 2000

Co-Listed By

Judy Lee

EXP REALTY OF CALIFORNIA INC License #01857034

Last Buyer's Agent

Diana Baylor

RE/MAX MASTERS REALTY License #01912648

RE/MAX MASTERS REALTY
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 8,972 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Parking Available

Home Design

  • 2,052 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 8
  • Tax Tract Number 16
  • Assessor Parcel Number 1049293140000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 4 Units
  • 12-Story Property

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Maintenance Expense $600
  • Water Sewer Expense $3,000
  • New Taxes Expense $4,940
  • Gross Income $2,550
  • Net Operating Income $20,860

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

8,972 Sq Ft Lot

Parking

2

Listing Details

  • CapRate: 5.36
  • Property Attached: Yes
  • Water Sewer Expenses: 3000.00
  • Property Type: Residential Income
  • Parcel Number: 1049293140000
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 12
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 189.08

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8972.00
  • Lot Size Acres: 0.2060

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 2550.00
  • Gross Multiplier: 12.71
  • Gross Scheduled Income: 30600.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 8972.0000 Square Feet
  • Maintenance Expense: 600.00
  • Net Operating Income: 20860.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 9740.00
  • Rent Control: No
  • Total Actual Rent: 2550.00

Tax Info

  • New Taxes Expense: 4940.00
  • Tax Lot: 8
  • Tax Tract Number: 16
  • Tax Year: 2013

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2025
Sold by
Ta And Lee Family Trust and Lee Danny Hon
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,400
Outstanding Balance
$163,300
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2022
Sold by
Tai Bang Minh
Bought by
Ta And Lee Family Trust

Purchase Details

Closed on
Dec 14, 2021
Sold by
Lee Sharyn
Bought by
Ta Bang M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 6, 2014
Closed on
Aug 21, 2014
Sold by
Lee Sharyn T
Bought by
Ta Bang M
Seller's Agent
Carlos Skubacz
RE/MAX 2000
Buyer's Agent
Diana Baylor
RE/MAX MASTERS REALTY
List Price
$389,000
Sold Price
$388,000
Premium/Discount to List
-$1,000
-0.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2001
Sold by
Cervantes Miguel Angel
Bought by
Cervantes Sandy W

Purchase Details

Closed on
Jun 14, 1995
Sold by
Litchfield Flora and The Revocable Trust Of Flora L
Bought by
Cervantes Miguel Angel
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Downtown Ontario, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- First American Title
Ta And Lee Family Trust -- --
Ta Bang M -- Lawyers Title Oc
Ta Bang M -- Advantage Title Inc
Ta Bang M $388,000 Advantage Title Inc
Cervantes Sandy W -- --
Cervantes Miguel Angel $132,000 North American Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $165,400
Previous Owner Ta Bang M $480,000
Previous Owner Ta Bang M $250,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/03/2014 09/03/14 Sold $388,000 -0.3% $189 / Sq Ft
06/27/2014 06/27/14 Pending -- -- --
06/06/2014 06/06/14 For Sale $389,000 -- $190 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2027 $1,253 --
2026 $1,141 --
2024 $1,077 --
2023 $1,077 $10,512 $3,051 $7,461
2022 $1,040 $9,268 $2,522 $6,746
2021 $1,113 $9,423 $2,162 $7,261
2020 $1,108 $0 $0 $0
2019 $1,116 $0 $0 $0
2018 $1,057 $0 $0 $0
2017 $990 $0 $0 $0
2016 $954 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14119491

California Regional Multiple Listing Service (CRMLS)
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