NOT LISTED FOR SALE
17 Beds
10 Baths
8,126 Sq Ft
0.53 Acres

Last Sold August 26, 2015

Last sale price $1,753,000 $216 Per Sq Ft

39 Days on Market

Highlights

  • 0.53 Acre Lot
  • No HOA
  • Tile Flooring
  • Private Yard
  • Cooling System Mounted To A Wall/Window
  • 1-minute walk to James R. Bryant Park

About This Home

As of August 2015

IN OLD TOWN ONTARIO,TWO PARCELS EACH PARCEL HAS 6 UNITS, TOTAL 12 UNITS WITH 8 TWO BEDROOMS AND 4 ONE BEDROOMS ,8 HOUSES AND 2 DUPLEX. VERY WELL KEPT RENTAL RESIDENTIAL UNITS,MAJORITY OF THE UNITS WERE RENOVATED,ALL UNITS HAVE NEW DOUBLE PANE WINDOW AND NEWER TILE FLOOR OR LAMINATED WOOD FLOOR THROUGH OUT THE HOUSE.
FULLY OCCUPIED,LONG TERM TENANTS AND FRIENDLY TO WORK WITH.TRULY A WELL MAINTAINED PROPERTY AND EASY TO MANAGE.
LOCATED IN QUIET RESIDENTIAL AREA WITH GREAT CONVENIENCY OF WALKING DISTANCE TO PARK AND TO STATER BROTHERS GROCERY WITH BLOKS AWAY AND MINUTES DRIVE TO FEW MAJOR SHOPPING CENTERS.

Last Agent to Sell the Property

Joe Tseng

TREELINE REALTY Listed on: 05/16/2015

Last Buyer's Agent

Kevin Lee

Berkshire Hathaway HomeServices California Properties License #01720786

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 0.53 Acre Lot
  • No Common Walls
  • Private Yard
  • Front Yard
  • Density is 11-15 Units/Acre

Parking

  • 10 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 8,126 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Laminate
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 17 Bedrooms
  • 10 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 8,10
  • Tax Tract Number 3336
  • Assessor Parcel Number 1048581050000

Community Details

Overview

  • No Home Owners Association
  • 12 Buildings
  • 12 Units

Building Details

  • 12 Leased Units
  • 12 Separate Electric Meters
  • 12 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $3,000
  • Insurance Expense $4,500
  • Maintenance Expense $1,000
  • Trash Expense $1,560
  • Water Sewer Expense $8,640
  • New Taxes Expense $21,800
  • Gross Income $10,975
  • Net Operating Income $91,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Parking

10

Listing Details

  • Assessments: Yes
  • CapRate: 5.20
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Sewer Expenses: 8640.00
  • Property Type: Residential Income
  • Gardener Expense: 3000.00
  • Parcel Number: 1048581050000
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet, Stone, Tile
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 215.73

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 10.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 14.00

Utilities

  • Utilities: Sewer Connected, Sewer Available, Water Available
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Trash Expense: 1560.00
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 11-15 Units/Acre, Front Yard, Yard
  • Lot Size Sq Ft: 22968.00
  • Price Per Lot Square Foot: 76.32
  • Lot Size Acres: 0.5270

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 10975.00
  • Gross Multiplier: 13.28
  • Gross Scheduled Income: 131700.00
  • Gross Spendable Income: 91200.00
  • Insurance Expense: 4500.00
  • Lot Size Area: 22968.0000 Square Feet
  • Maintenance Expense: 1000.00
  • Net Operating Income: 91200.00
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 12
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 12
  • Number Of Units Total: 12
  • Operating Expense: 40500.00
  • Operating Expense Percent: 30.75
  • Rent Control: No
  • Total Actual Rent: 10975.00

Tax Info

  • New Taxes Expense: 21800.00
  • Tax Lot: 8,10
  • Tax Tract Number: 3336

Range of Values:

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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
08/26/2015 08/26/15 Sold $1,753,000 +0.2% $216 / Sq Ft
06/24/2015 06/24/15 Pending -- -- --
05/16/2015 05/16/15 For Sale $1,750,000 -- $215 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS15108721

California Regional Multiple Listing Service (CRMLS)