427 W C Street, Ontario, CA 91762
3
beds 2
baths 2820
ft2 · 6380
ft2 lot$915,000
$324 / ft2
Listing provided courtesy of JOSEPH DOMOND, CENTURY EXECUTIVE REALTY.
Source CRMLS.
We are pleased to offer for sale this 5 unit investment property located in the city of Ontario. Composed of 1 building, the unit composition is 1 2Bed/1Bath unit and four 4units 1bed 1bath. The structure is a single family cottage with a private yard and laundry hookups. Tenants pay for all utilities! The offering is already a lucrative opportunity for a new investor, not to mention the additional 30% upside in rental rates that exists given the low rents in place. Ontario has only seen vacancy tighten and rental rates climb given it is a desirable rental location for tenants, and a great opportunity for investors looking for the path of appreciation.
HOA
$—/month
On market
3 months
Year built
1908
Property type
Multi-Family
Parking
5
MLS
CV21007496
Price / Sq.Ft.
$324 / ft2
Status
Active
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April
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April
Tuesday
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April
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April
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29
April
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Tuesday
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May
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May
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Flyhomes Cash Offer
Based on a price of $915,000
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$4,575
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Discount Brokerage
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Property Details
Interior Features & Layout
Rooms Info
•
Average3 Bed Area Units: Square Feet
•
Average Studio Area Units: Square Feet
•
Average2 Bed Area Units: Square Feet
•
Average1 Bed Area Units: Square Feet
•
Room Information: All Bedrooms Down, All Bedrooms Up, Kitchen, Living Room
Fireplace Info
•
Has Fireplaces
•
Fireplace Details: Living Room
Interior Features
•
Interior Features: Ceiling Fan(s)
Heating & Cooling
•
Has Heating
•
Heating Details: Forced Air
•
Cooling Details: Wall/Window Unit(s)
Flooring
•
Flooring: Tile
Interior Size
•
Building Area Total: 2820.00
Property, Lot, Community & Exterior Features
Parking Info
•
Parking Available: 1
•
Parking Features: Assigned
•
Garage Spaces: 5.00
Building Info
•
Building Area Units: Square Feet
•
Roof: Shingle
•
Stories Total: 2
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Num Stories: Two
•
Year Built Source: Assessor
Lot Info
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Lot Features: 2-5 Units/Acre, Back Yard, Corner Lot, Front Yard, Sprinkler System
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Lot Size Source: Assessor
•
Elevation Units: Feet
•
Lot Size Acres: 0.1465
•
Lot Size Area: 6380.0000
•
Lot Size Units: Square Feet
Community Info
•
Number Of Buildings: 1
•
Total Units: 5
Property Features
•
Fencing: Brick
•
Common Walls: No Common Walls
Property Type
•
Architectural Style: Craftsman
•
Common Interest: Community Apartment
Utilities & Other Information
Utilities
•
Number Of Separate Electric Meters: 5
•
Utilities: Electricity Connected
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Number Of Separate Gas Meters: 5
•
Number Of Separate Water Meters: 5
Water & Sewer Info
•
Water Source: Public
•
Sewer: Public Sewer
Listing Details, Costs & Financing Information
Financial Info
•
Water Sewer Expense: 0.00
•
Fuel Expense: 0.00
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Trash Expense: 0.00
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New Taxes Expense: 9800.00
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Insurance Expense: 1240.00
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Professional Management Expense: 0.00
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Total Expenses: 0.00
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Gross Scheduled Income: 66000.00
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Tax Block: 40
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Operating Expense: 20000.00
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Gardener Expense: 400.00
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Furniture Replacement Expense: 0.00
Tax/Assessment Info
•
Gross Income: 66000.00
•
Tax Year: 2020
•
Taxes: 7549.0
Lease Info
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Net Operating Income: 15000.00
Listing Info
•
Status: Active
Other
•
Electric Expense: 0.00
•
Cable Tv Expense: 0.00
Multi Unit Information
Unit 2 Information
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Unit 2 Actual Rent: 900.00
•
Unit 2 Bedrooms: 1
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Unit 2 Total Units: 4
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Unit 2 Furnished Units: Unfurnished
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Unit 2 Bathrooms: 1
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Unit 2 Garage Spaces: 1.00
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Unit 2 Total Rent: 900.00
Unit 1 Information
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Unit 1 Bedrooms: 2
•
Unit 1 Total Units: 1
•
Unit 1 Furnished Units: Unfurnished
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Unit 1 Garage Spaces: 1.00
•
Unit 1 Bathrooms: 1
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Unit 1 Actual Rent: 1400.00
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Unit 1 Total Rent: 900.00
Multi Unit Information
•
# Of Units: 2
School Neighborhood & Directions
Location
•
Community Features: Sidewalks, Street Lights, Suburban
School Info
•
Directions: Euclid & C street
Other
Calculation
•
Dom: 52
•
Cdom: 52
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.
Data last updated: Apr 21, 2021 8:03pm
Neighborhood snapshot
62
Properties for sale
6
Median days on market
$305.20
Median sold price/sqft
102.19%
Sold/List %
walk score® :
transit score® :
bike score® :
Property History
03/05/2021
03/05/2021
CRMLS #CV21007496
active
CRMLS #CV21007496
$915,000
--23.75%
01/12/2021
01/12/2021
CRMLS #CV21007496
active
CRMLS #CV21007496
$1,200,000
+700.00%
08/20/1998
08/20/1998
Public Record
sold
Public Record
$150,000
+50.00%
09/23/1997
09/23/1997
Public Record
sold
Public Record
$100,000
+74.52%
05/21/1997
05/21/1997
Public Record
sold
Public Record
$57,300
--73.10%
See more property history
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California DRE #02012110
1 Homes are subject to our approval and must be listed within an MLS in the areas that Flyhomes operates. Homes are subject to inspections and other limitations.
California DRE #02012110
1 Homes are subject to our approval and must be listed within an MLS in the areas that Flyhomes operates. Homes are subject to inspections and other limitations.
