Ontario CA  home offered at $1,100,000 

Call Lisa DiNoto Group at (909)921-2544 to see this home.

 

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1044 N Sacramento Avenue
Ontario, California CA 91764-3184
Sold For: $1,050,000
Listing ID: WS22141027
Price/SqFt: $218.75
Status: Closed
Sold Date: 4/20/2023
SqFt: 4,800 Sq Ft
Acres: 0.172 Acres
Year Built: 1964

Welcome to 1044 N. Sacramento Ave. This fourplex rental lies conveniently just South of 4th Street and Nearby Vineyard Ave in heart of Ontario. This income property has fantastic upside with CAP Rate potential to reach over 5%! Each unit is currently occupied with long term tenants at full occupancy. Currently, each of the 1,200 sq ft units have: 2 bed, 2.5 baths, living room, dining room, kitchen and individual enclosed patios. Conveniently located walking distance to the Vineyard Plaza with grocery stores, laundry, restaurants, etc., and a brief drive to all the local amenities Ontario has to offer. Call us today with any questions and please see the video walk-through! (Seller highly prefers to submitting offers for both properties)

Primary Features

County: San Bernardino
Price/SqFt: 218.75
Property Sub Type: Quadruplex
Property Type: Residential Income
Year Built: 1964

Interior

Appliances: yes
Appliances: Electric Oven, Electric Cooktop
Average 1 Bed Area Units: Square Feet
Average 2 Bed Area Units: Square Feet
Average 3 Bed Area Units: Square Feet
Average Studio Area Units: Square Feet
Building Area Units: Square Feet
Common Walls: 2+ Common Walls
Cooling: yes
Cooling Type: Wall/Window Unit(s)
Fireplace: yes
Fireplace Features: Living Room
Flooring: Carpet, Tile
Heating: yes
Heating Type: Fireplace(s), Forced Air
Laundry: yes
Laundry Features: Individual Room
Levels: Two
Room Type: Living Room
Spa: no
Spa Features: None

External

Carport Spaces: 4
Construction Materials: Stucco
Electric: Standard
Fence: yes
Fencing: Wrought Iron
Foundation Details: Slab
Lot Features: Greenbelt
Lot Size Area: 7475
Lot Size Source: Estimated
Lot Size Square Feet: 7475
Number Of Buildings: 2
Parking Features: Assigned, Attached Carport, Street
Parking Total: 4
Pool Features: None
Private Pool: no
Property Attached: yes
Road Frontage Type: Alley, City Street
Road Surface Type: Paved
Roof: Shingle
Sewer: Public Sewer
View: yes
View Type: Neighborhood
Water Source: Public

Location

Country: US
Elevation Units: Feet
MLS Area Major: 686 - Ontario

Additional

Accessibility Features: Parking
Additional Parcels: yes
Assessments: Unknown
Association: no
Co List Agent State License: 02101239
Co List Office State License: 02185725
Community Features: Curbs, Sidewalks
Days On Market: 23
List Agent State License: 01978541
List Office State License: 02185725
Lot Size Units: Square Feet
New Construction: no
Number Of Separate Electric Meters: 4
Number Of Separate Gas Meters: 4
Number Of Separate Water Meters: 1
Number Of Units Total: 4
Parcel Number: 0110334110000
Property Condition: Updated/Remodeled
Senior Community: no
Utilities: Cable Connected, Natural Gas Connected
Year Built Source: Assessor

Financial

Gross Scheduled Income: 63660
Land Lease: no
Net Operating Income: 37260
Operating Expense: 26400
Price Per Unit: 275000
Rent Control: no
Special Listing Conditions: Standard, Trust
Tax Census Tract: 13.08
Tax Lot: 13
Tax Tract Number: 6847
Tenant Pays: Cable TV, Electricity, Gas
Total Expenses: 26400

Zoning Info


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Listed by: HECTORMARQUEZ, DRE #01978541 from RE/MAX Galaxy 909-861-9985

Contact - Listing ID WS22141027

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Lisa DiNoto

9483 Haven Ave #100
Rancho Cucamonga, CA 91730
Phone: 9099212544

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