Seller's Agent in 2023
Kristopher German
RE/MAX
(909) 645-0443
127 Total Sales
5358 Howard St Ontario, CA 91762
Montclair Area
15
Beds
7
Baths
6,786
Sq Ft
0.81
Acre Lot
Highlights
- 0.81 Acre Lot
- Tile Flooring
- Laundry Facilities
- Cooling System Mounted To A Wall/Window
- 7 Car Garage
- Heating Available
About This Home
As of August 2023We are pleased to offer for sale this TURN-KEY, fully rehabbed, 7 unit multi-family residential property in the city of Ontario. The subject property consists of 7 individual cottage style units that are situated on an oversized 35,250 SqFt Lot. Over the course of the last year the current owners have extensively improved the property which includes; INTERIOR: New Electrical Throughout (New Electrical Sub-Panels, New Romex Wiring, New Recessed Lighting, New Decora Plugs and Switches), Majority of Plumbing Updated, New Tile Flooring Throughout, Fully Remodeled Kitchens, Fully Remodeled Bathrooms, New Interior Paint, Acoustic Ceiling Removal, New Dual-Pane Windows, 3 A/C Units per unit, New Ceiling Fans, New Entry and Interior Doors, EXTERIOR: New Roof and wood sheeting on (4) of the Units (remaining 3 roofs in good condition), New Exterior Paint and Stucco Repair, Xeriscape Landscaping Throughout for Minimal Water Expense, & New Exterior Lighting. The unit mix is comprised of 1(3Bed/1Bath) stand alone cottage and 5(2Bed/1Bath) stand alone cottages. The units are separately metered for electricity and gas while the owner pays for water and trash. Each unit has access to an attached 1 car garage with an additional 2 open parking spaces. Tenants enjoy interior washer/dryer hookups as well as private backyards with covered patios. The current CAP Rate based on existing rents is 5.5% with a current 13.34GRM. This property offers a new investor an opportunity to purchase a true pride of ownership asset, with excellent rental rates in place, and most importantly, stable monthly cash-flow with little to no maintenance required.
Last Agent to Sell the Property
RE/MAX 2000 REALTY License #01800021 Listed on: 05/25/2023
Property Details
Home Type
- Apartment
Year Built
- Built in 1963
Lot Details
- 35,250 Sq Ft Lot
- No Common Walls
- Density is 6-10 Units/Acre
Parking
- 7 Car Garage
- 14 Open Parking Spaces
- Parking Available
Home Design
- Entry on the 1st floor
Interior Spaces
- 6,786 Sq Ft Home
- 1-Story Property
- Tile Flooring
- Gas Range
- Washer and Gas Dryer Hookup
Bedrooms and Bathrooms
- 15 Bedrooms
- 7 Bathrooms
Outdoor Features
- Rain Gutters
Utilities
- Cooling System Mounted To A Wall/Window
- Heating Available
- Conventional Septic
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 7 / 20
- Tax Tract Number 1089
- Assessor Parcel Number 1011451250000
- $281 per year additional tax assessments
Community Details
Overview
- 6 Buildings
- 7 Units
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,800
- Insurance Expense $2,714
- Maintenance Expense $3,500
- Other Expense $4,050
- Trash Expense $2,576
- Water Sewer Expense $1,846
- New Taxes Expense $28,882
- Operating Expense $45,369
- Gross Income $193,020
- Net Operating Income $141,861
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
Listed on
May 25, 2023
Closed on
Jul 12, 2023
Sold by
Bought by
Seller's Agent
Kristopher German
RE/MAX 2000 REALTY
Buyer's Agent
LIANGYING XU
UNIVERSAL ELITE REALTY
List Price
$2,575,000
Sold Price
$2,550,000
Premium/Discount to List
-$25,000
-0.97%
Views
250
Purchase Details
Listed on
Feb 1, 2022
Closed on
Mar 29, 2022
Sold by
Bought by
Seller's Agent
STEVEN RODRIGUEZ
REALTY MASTERS & ASSOCIATES
Buyer's Agent
STEVEN RODRIGUEZ
REALTY MASTERS & ASSOCIATES
List Price
$1,699,000
Sold Price
$1,750,000
Premium/Discount to List
$51,000
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
31.89%
Original Mortgage
$1,137,000
Interest Rate
0.0392%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 1, 2022
Closed on
Mar 28, 2022
Sold by
Bought by
Seller's Agent
STEVEN RODRIGUEZ
REALTY MASTERS & ASSOCIATES
Buyer's Agent
STEVEN RODRIGUEZ
REALTY MASTERS & ASSOCIATES
List Price
$1,699,000
Sold Price
$1,750,000
Premium/Discount to List
$51,000
3%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,137,000
Interest Rate
0.0392%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 31, 2000
Sold by
Bought by
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $2,550,000 | Fidelity Title | ||
| $1,750,000 | Corinthian Title | ||
| -- | Corinthian Title | ||
| -- | -- |
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 |
|---|---|---|---|
| Previous Owner | $1,137,000 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 08/11/2023 08/11/23 | Sold | $2,550,000 | -1.0% | $376 / Sq Ft | |
| 07/26/2023 07/26/23 | Pending | -- | -- | -- | |
| 05/25/2023 05/25/23 | For Sale | $2,575,000 | +47.1% | $379 / Sq Ft | |
| 03/31/2022 03/31/22 | Sold | $1,750,000 | 0.0% | $258 / Sq Ft | View Prior Sale |
| 02/09/2022 02/09/22 | Pending | -- | -- | -- | |
| 02/09/2022 02/09/22 | Off Market | $1,750,000 | -- | -- | |
| 02/09/2022 02/09/22 | For Sale | $1,699,000 | -2.9% | $250 / Sq Ft | |
| 02/03/2022 02/03/22 | Off Market | $1,750,000 | -- | -- | |
| 02/01/2022 02/01/22 | For Sale | $1,699,000 | -- | $250 / 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 |
|---|---|---|---|---|
| 2026 | $28,584 | $2,653,020 | $1,092,420 | $1,560,600 |
| 2025 | $28,584 | $2,601,000 | $1,071,000 | $1,530,000 |
| 2024 | $27,935 | $2,550,000 | $1,050,000 | $1,500,000 |
| 2023 | $19,416 | $1,785,000 | $714,000 | $1,071,000 |
| 2022 | $2,258 | $197,764 | $19,445 | $178,319 |
| 2021 | $2,243 | $193,887 | $19,064 | $174,823 |
| 2020 | $2,205 | $191,899 | $18,869 | $173,030 |
| 2019 | $2,187 | $188,136 | $18,499 | $169,637 |
| 2018 | $2,156 | $184,447 | $18,136 | $166,311 |
| 2017 | $2,080 | $180,830 | $17,780 | $163,050 |
| 2016 | $2,002 | $177,284 | $17,431 | $159,853 |
| 2015 | $1,988 | $174,621 | $17,169 | $157,452 |
| 2014 | $1,900 | $171,201 | $16,833 | $154,368 |
Source: Public Records
Agents Affiliated with this Home
-
Kristopher German
-
LIANGYING XU
Buyer's Agent in 2023
LIANGYING XU
UNIVERSAL ELITE REALTY
(626) 698-5199
31 Total Sales
-
STEVEN RODRIGUEZ
Seller's Agent in 2022
STEVEN RODRIGUEZ
REALTY MASTERS & ASSOCIATES
(909) 821-1855
12 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV23091638
APN: 1011-451-25
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
Nearby Homes
- 5383 Howard St
- 5220 Hanover Way
- 5611 W Mission Blvd
- 5644 W Phillips St
- 10995 Coalinga Ave
- 10977 Coalinga Ave
- 5606 Dover St
- 1411 W Mission Blvd
- 1433 S Jasmine Ave
- 1428 S Helen Ave
- 11591 Cantara Dr
- 5325 Mariner Ln
- 11578 Solaire Way
- 4751 Howard St
- 5219 Azul Dr
- 4762 W Mission Blvd Unit 25
- 11283 Greenwood Way
- 1309 W Mission Blvd Unit 145
- 5609 Bandera St
- 4790 Brooks St
- 5352 Howard St
- 5330 Howard St
- 5376 Howard St
- 5418 Howard St
- 5371 W Maitland St
- 5381 W Maitland St Unit D
- 5381 W Maitland St
- 5361 W Maitland St Unit 5361 Maitland 3
- 5361 W Maitland St Unit 5361 Maitland 2
- 5361 W Maitland St
- 5367 Howard St
- 11075 S Central Ave
- 5393 W Maitland St
- 5391 W Maitland St
- 5351 W Maitland St Unit Maitland 3
- 5351 W Maitland St
- 5351-5361 W Maitland St
- 5385 Howard St
- 5333 Howard St
- 5405 Howard St
Your Personal Tour Guide
Ask me questions while you tour the home.