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1016 W El Morado Court, Ontario, CA 91762
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1016 W El Morado Court Ontario, CA 91762

$900,000
  • 6 Beds
  • 4 Baths
  • 2,652 Sq.Ft.
For Sale
$900,000 Get Pre-Qualified
Map preview of 1016 W El Morado Court, Ontario, CA 91762

Property Overview: 1016 W El Morado Court Ontario, CA has 6 bedrooms, 4 bathrooms, 2,652 living square feet and 8,778 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Nice well kept Triplex near shopping and Freeways. Owner has maintained this property very good for many years and are giving this great investment up in order to retire. 3 good size units with patios, 2 carports and 1 garage. Perfect for 1st time investors or 2 families could purchase to live in. Street access in front and alley in the back for good access.

Listed by RON BLASCO | BRE #00799754 | Price Real Estate Group, Inc
Last checked: 6 minutes ago | Last updated: September 20th, 2024 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
8,778
HOA Dues
$0/mo
Year built
1962
Garage
1 Car
Property Type:
Triplex
Status
Active
MLS#
IV24194411
City
Ontario
County
San Bernardino
Time on Site
27 minutes
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,021
  • Total Rent: $1,021
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $38,424
  • Net Operating Income: $24,324
  • Gross Operating Income: $37,092
  • Vacancy Allowance: $0
Annual Expense Breakdown
  • Total Operating Expense: $14,100
  • New Taxes: $9,000
  • Trash: $1,200
  • Gardener: $900
  • Insurance: $1,200
  • Water/Sewer: $1,800

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Property Details for 1016 W El Morado Court

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: Front Yard, Sprinkler System
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 1010181230000
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: E/Mountain N/Gst
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Ontario Agent

Sale History for 1016 W El Morado Court

View property's historical transactions

  • September, 2024

  • Sep 20, 2024

    Date

    Active

    CRMLS: IV24194411

    $900,000

    Price

Tax History for 1016 W El Morado Court

Assessed Value (2020): $85,564
Year Land Value Improved Value Assessed Value
2020 $13,142 $72,422 $85,564

Home Value Compared to the Market

This property vs the competition

1016 W El Morado Court is listed 33.46% higher than the median list price for the city of Ontario which has a median list price of $674,356. The median price per/sqft for Ontario is $419 and this home is listed at $339.37 per/sqft which puts the price per square foot 19.01% lower than the median price per square foot for the city of Ontario.

About 1016 W El Morado Court

Detailed summary of property

1016 W El Morado Court is a triplex located in Ontario, CA 91762 and is currently for sale. This triplex offers 6 bedrooms, 4 bathrooms, roughly 2,652 living square feet, and sits on an approximately 8,778 square foot lot. 1016 W El Morado Court was first listed on ArdentRealEstateGroup.com on September 20, 2024. The homeowner is currently asking $900,000. The median priced home in Ontario is $674,356 with a median price per square foot of $419. Based on Ardent Real Estate Group's Ontario Market Data, this home is listed 33.46% higher than the median priced home. Local competing homes currently for sale include 2458 Chanslor St, 912 W 3rd St and 1335 W 11th St. There are currently 389 homes for sale in the Ontario real estate market and 227 of them are single family homes while 137 of them are condos and 25 are townhomes. For more information on this home for sale at 1016 W El Morado Court Ontario, CA 91762 contact Ardent Real Estate Group and we will put you in touch with one of our Ontario agents.

Public Facts for 1016 W El Morado Court

Public county record property details
Beds
--
Baths
--
Year built
1962
Sq. Ft.
2,652
Lot Size
8,778
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
San Bernardino
Lot#
24
APN
1010-181-23-0000

The source for these homes facts are from public records.

91762 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$718,990
Median List Price/Sq.Ft.
$413
Median Sold Price
$625,000
Median Sold Price/Sq.Ft.
$409
Total Inventory
137
Median Sale to List Price %
96.3%
Avg Days on Market
17
Loan Type
Conventional (55.26%), FHA (5.26%), VA (5.26%), Cash (21.05%), Other (10.53%)

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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