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$1,500,000   Price Analysis
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1448 E Elma Ct
Ontario, CA 91764
10 bed 6 bath 4,049 SqFt ($370/SqFt)
0.25 acre lot. Built 1986
Listed 2024-07-03, Taxes $12,387
Ⓧ USDA Ineligible
due to price & location

near Ontario

Excellent investment opportunity in Ontario.

The offering sits on 11088 square feet of land with 4, 049 square feet of building area and consists of 4 condo style units. Front and back units have 3 bedrooms /1.5 bathrooms and patios; the two in the middle have 2 bedrooms /1 bathroom and balcony. All units have central heating and air. Each unit has two car attached garage with laundry hook up.

Conveniently located in the center of fast developing area with plenty of job opportunities, close to airport, big malls, schools, post office, grocery stores, restaurants, hotels, etc. Easy access to freeway 10 and 60. Tenants are n a month-to-month lease. The property to be sold AS IS in its present condition. 1447 E Elma Ct, a 4 units building across the street, could be sold together to one buyer for easy management.


Presented by Zixiong Ding at
Greenfield Realty.


Property MLS #WS24136804 from CRMLS

Bedrooms: 10

Laundry Features: Gas & Electric Dryer Hookup, In Garage

Full Bathrooms: 6

Lot Description: 2-5 Units/Acre
Lot Size Acres: 0.2545
Lot Size Source: Assessor
Lot Size Square Feet: 11088

Garage Spaces: 8
Parking Total: 8

Number of Units: 4
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 3
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 2
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Unit-1 Garage Spaces: 2
Unit-2 Garage Spaces: 2
Unit-3 Garage Spaces: 2
Unit-4 Garage Spaces: 2

Calculated Total Monthly Association Fees: 0

Community Features: Curbs

Source Listing Status: Active
County: San Bernardino
Source Property Type: Residential Income
Area: 686 - Ontario
Source Neighborhood: 686 - Ontario
Number of Separate Electric Meters: 5
Number of Separate Gas Meters: 4
Number of Separate Water Meters: 1
Parcel Number: 0110042360000
Postal Code Plus 4: 5474
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$737,675 + $396,715
$1,134,390
$12,387
2021$723,211 + $388,936
$1,112,147
$12,311
2020$715,795 + $384,948
$1,100,743
$12,095
2019$701,760 + $377,400
$1,079,160
$11,991
2018$491,530 + $114,309
$605,839
$6,786
2017$481,892 + $112,068
$593,960
$6,543
2016$472,443 + $109,871
$582,314
$6,284
2015$465,346 + $108,221
$573,567
$6,242
2014$456,231 + $106,101
$562,332
$6,048
2013$325,000 + $175,000
$500,000
$5,459
2012$446,321 + $103,796
$550,117
$5,818
2011$437,570 + $101,761
$539,331
$5,786
2010$434,300 + $101,000
$535,300
$5,734
2009$186,863 + $80,083
$266,946
$2,865
2008$183,199 + $78,513
$261,712
$2,817
2007$179,607 + $76,974
$256,581
$2,731

Listed 2024-07-03
$1,500,000
CRMLS
Listing removed 2021-03-19
$0
CRMLS
Listed 2021-03-05
$1,280,000
CRMLS
Sold 2018-04-07
$1,058,000
CRMLS
Listed 2018-03-20
$998,000
CRMLS
Sold 2009-03-27
$530,000
Public Record
Sold 1995-04-19
$159,000
Public Record
Sold 1989-08-28
$342,000
Public Record
Sold 1988-11-29
$315,000
Public Record
Sold 1987-03-10
$289,000
Public Record

Net Operating Income: 71000.00

Total Square Feet Living: 4049
Year Built: 1986
Building Features: 1
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: 1
Property Age: 38
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Apartment
Year Built Source: Assessor

Sewer: Sewer: Public Sewer, Water Sewer Expense: 0.00
Water Source: Public

Mariposa Elementary School is a public elementary school located approximately 0.2 miles away.
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Ray Wiltsey Middle School is a public middle school located approximately 0.3 miles away.
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Colony High School is a public high school located approximately 4.4 miles away.
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Abc School Ontario is a private elementary, middle and high school located approximately 1.3 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.