$10,500,000
$500K PRICE DROP

8951 Monte Vista Ave Montclair, CA 91763

Estimated payment $62,486/month

Total Views 25,898
5 Beds
6 Baths
28,258 Sq Ft
$372 Price per Sq Ft

Highlights

  • Golf Course Community
  • Hiking Trails
  • Laundry closet
  • 0.65 Acre Lot
  • Park
  • Horse Trails

About This Home

Vista Court Apartments is an exquisitely-designed, 23-unit, luxury apartment community located at the heart of Montclair, CA. Vista Court Apartments is located at 8951 Monte Vista Ave at the highly amentized corner of Arrow Highway and Monte Vista Ave, where highly desirable communities of Montclair, Claremont, and Upland merge. The property is located just 1-block from Montclair Metro Station to the North and Montclair Place Shopping Center to the south. Tenants benefit from having access to a variety of retailers, shops, and dining options like Target, Home Depot, Costco, LA Fitness, Golds Gym, Moreno Street Market Food Hall, Olive Garden, Applebee’s Chilis and many more options. Tenants also enjoy being a short 5-to-10-minute drive to frequently-travelled places like Downtown Claremont, Claremont Colleges, Victoria Gardens, Toyota Arena, and a large selection of employers found one city over in the City of Ontario, the employment hub of the Inland Empire. Vista Court Apartments was meticulously designed with modern-luxury features. Tenants at Vista Court enjoy a plethora of high-level features like gourmet kitchens with stainless steel appliances, undermount sinks, quarts counters in kitchen and bathrooms, wood plank flooring, modern bathrooms, in-unit washer and dryer, central AC, double-pane energy-efficient windows, recessed lighting, and large outdoor patio or balcony in every unit. Throughout the community, tenants enjoy access to covered/assigned secured parking, a +/-700 SF community room equipped with a kitchen, bathroom, and entertainment area for hosting, outdoor BBQ & picnic area, and ample open green space.
Vista Court features 23 large apartment homes with 18 unique floorplans. The property offers 28,258 SF of rentable building space and spans across a generous 28,280 SF site. The property consists of 12, 1-Bedroom/1-Bathrooms, 2, 2-Bedroom/2-Bathrooms, and 9, 2-Bedroom/2.5-Bathroom townhouse-style apartment homes. Currently the property produces nearly $682,000 in annual rental income. Additional revenue stream from on-site parking, storage, and the community room. An experienced investor will recognize the opportunity to preserve the investment’s NOI through RUBS and other forms of aggressive management processes. A new investor also has the option to assume the existing loan from Umpqua Bank at a below market interest rate of 4.04% fixed for another 4 years.

Listing Agent

Justino Fa'aola

COMPASS Brokerage Phone: 626-315-7603 License #02038198 Listed on: 01/08/2026

COMPASS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2021

Lot Details

  • 28,280 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 31 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 28,258 Sq Ft Home
  • 3-Story Property

Kitchen

  • Gas Oven
  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 1008011240000
  • $12,070 per year additional tax assessments

Community Details

Overview

  • 23 Units
  • Foothills
  • Mountainous Community
  • Valley

Amenities

  • Laundry Facilities

Recreation

  • Golf Course Community
  • Park
  • Dog Park
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Building Details

  • 22 Leased Units
  • 24 Separate Electric Meters
  • 24 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,118
  • Gardener Expense $5,400
  • Insurance Expense $9,428
  • Maintenance Expense $11,500
  • Pest Control $1,190
  • Professional Management Expense $16,721
  • Supplies Expense $1,140
  • Trash Expense $11,124
  • Water Sewer Expense $26,333
  • New Taxes Expense $121,312
  • Operating Expense $225,766
  • Gross Income $15,788
  • Net Operating Income $443,075

Property Details

Home Type

Multi-Family

Year Built

Built in 2021

Lot Details

0.65 Acres

Parking

31

Listing Details

  • CapRate: 4.22
  • Professional Management Expense: 16721.00
  • Property Attached: Yes
  • Supplies Expense: 1140.00
  • Water Sewer Expenses: 26333.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 5400.00
  • Parcel Number: 1008011240000
  • Year Built: 2021
  • Special Features: None

Interior Features

  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Three Or More
  • Price Per Square Foot: 371.58

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 31.00
  • Parking: Yes
  • Parking Features: Garage, Assigned, Covered
  • Total Parking Spaces: 31.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Microwave, Refrigerator, Barbecue, Electric Range, Gas Oven
  • Heating Type: Central
  • Laundry Features: Inside, In Closet, Common Area, Washer Included, Dryer Included
  • Pest Control Expense: 1190.00
  • Sewer: Public Sewer
  • Trash Expense: 11124.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Valley, Gutters, Curbs, Horse Trails, Golf, Biking, Dog Park, Hiking, Mountainous, Foothills, Street Lights, Sidewalks, Suburban, Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 28280.00
  • Lot Size Acres: 0.6492

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Electric Expense: 2118.00
  • Gross Income: 15788.00
  • Gross Multiplier: 15.38
  • Gross Operating Income: 668841.00
  • Gross Scheduled Income: 682491.00
  • Insurance Expense: 9428.00
  • Lot Size Area: 28280.0000 Square Feet
  • Maintenance Expense: 11500.00
  • Net Operating Income: 443075.00
  • Number Of Separate Electric Meters: 24
  • Number Of Separate Gas Meters: 24
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 22
  • Number Of Units Total: 23
  • Number With Range: 23
  • Number With Refrigerator: 23
  • Operating Expense: 225766.00
  • Other Income Description: Other Income
  • Rent Control: No
  • Total Actual Rent: 55600.00
  • Total Expenses: 225766.00

Tax Info

  • New Taxes Expense: 121312.00
  • Tax Lot: 1
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 12070.00

Map

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

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2025 $73,231 $5,966,138 $662,221 $5,303,917
2024 $70,562 $5,849,155 $649,236 $5,199,919
2023 $68,161 $5,734,466 $636,506 $5,097,960
2022 $66,794 $5,622,025 $624,025 $4,998,000
2021 $42,189 $3,361,789 $611,789 $2,750,000
2020 $36,366 $2,855,515 $605,515 $2,250,000
2019 $7,794 $700,304 $593,643 $106,661
2018 $7,687 $686,573 $582,003 $104,570
2017 $7,411 $673,111 $570,591 $102,520
2016 $7,118 $659,913 $559,403 $100,510
2015 $9,603 $884,000 $240,000 $644,000
2014 $9,489 $884,000 $240,000 $644,000
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
03/19/2026 03/19/26 Price Changed $10,500,000 -4.5% $372 / Sq Ft
01/08/2026 01/08/26 For Sale $11,000,000 -- $389 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV26005212

California Regional Multiple Listing Service (CRMLS)
Your Personal Tour Guide

Ask me questions while you tour the home.