NOT LISTED FOR SALE

930 E Holt Blvd Ontario, CA 91761

5 Beds
4 Baths
4,410 Sq Ft
46,609 Sq Ft Lot

Sale Details

Date Sold: December 29, 2017

Last sale price $780,000 $177 Per Sq Ft

35 Days on Market

About This Home

As of December 2017

MOTIVATED SELLER! POTENTIAL!!! POTENTIAL!!! MIXED-USE PROPERTY NOW AVAILABLE FOR SALE!!!! GREAT UPSIDE POTENTIAL AS RENTS HAVE NOT BEEN RAISED. GREAT VISIBILITY AND HEAVY TRAFFIC! EXCELLENT LOCATION EXPERIENCING CONTINUOUS DEVELOPMENT AND CITY IMPROVEMENTS.
TWO RETAIL UNITS(BEAUTY SHOP,GOODS STORE). THREE RESIDENTIAL UNITS(TWO 2 BED + 1 BATH, ONE 1 BED + 1 BATH). BUYER TO VERIFY PERMIT FROM ONTARIO CITY. LOW OPERATING EXPENSE LANDLORD ONLY PAY PROPERTY TAXES AND INSURANCE. THE PROPERTY TO BE SOLD "AS IS".

Last Agent to Sell the Property

John Lee

FIRST TEAM REAL ESTATE License #01300227 Listed on: 09/18/2017

FIRST TEAM REAL ESTATE

Last Buyer's Agent

General NONMEMBER

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 1.07 Acre Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • 4,410 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 1049131050000

Community Details

Overview

  • 2 Buildings
  • 5 Units

Building Details

  • 5 Leased Units
  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 2 Separate Water Meters
  • Insurance Expense $2,600
  • New Taxes Expense $5,123
  • Operating Expense $7,723
  • Gross Income $78,000
  • Net Operating Income $70,277

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

1.07 Acres

Listing Details

  • Property Attached: No
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 1049131050000
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 176.87

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Lot Over 40000 Sqft
  • Lot Size Sq Ft: 46609.20

Multi Family

  • Gross Income: 78000.00
  • Gross Scheduled Income: 6500.00
  • Insurance Expense: 2600.00
  • Net Operating Income: 70277.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Rent Control: No
  • Total Actual Rent: 6500.00
  • Total Expenses: 7723.00

Tax Info

  • New Taxes Expense: 5123.00
  • Tax Lot: 11
  • Tax Tract Number: BONVIE
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Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2017 12/29/17 Sold $780,000 -27.8% $177 / Sq Ft
09/18/2017 09/18/17 For Sale $1,080,000 -- $245 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17215755

California Regional Multiple Listing Service (CRMLS)
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