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1225 N El Dorado Ave, Ontario, CA 91764
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1225 N El Dorado Ave Ontario, CA 91764

$3,750,000 Sold Price as of 05/31/2022
  • 16 Beds
  • 17 Baths
  • 11,168 Sq.Ft.
Sold
$3,750,000 Sold Price as of 05/31/2022 Refinance Your Mortgage
Map preview of 1225 N El Dorado Ave, Ontario, CA 91764

Property Overview: 1225 N El Dorado Ave Ontario, CA has 16 bedrooms, 17 bathrooms, 11,168 living square feet and 28,416 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present 1225 North El Dorado Avenue, a 17 unit Apartment Complex located in the city of Ontario. FIVE Large Two-Story Townhouse Style 2 Bed + 1.5 Bath Units and TWELVE Single-Story Construction with (6) 1 Bed + 1 Bath & (6) Studio Units. This Excellent Investment Opportunity is Located in on a Quiet Residential Street with Great Curb Appeal and On-Site Garage Parking on a Large 28,416 Square Foot Lot. With a High Demand Rental Area, these unit have a Low Vacancy History. Tenants enjoy the short commute to many shops, restaurants, schools and parks (as well as easy access to the 10 freeway). Please note, Buyer to Assume CHASE Loan (with an Approx. Balance of $1,694,000) at 3.35% through October 2026. Contact listing agent for details.

Listed by Shant Sherbetdjian | BRE #01713570 | Remax Commercial and Investment Realty
Last checked: 4 minutes ago | Last updated: June 6th, 2022 | Source CRMLS | DOM: 48

Home details

Lot Sq. Ft
28,416
HOA Dues
$0/mo
Year built
1968
Garage
17 Car
Property Type:
Multi Family
Status
Sold
MLS#
22127753
City
Ontario
County
San Bernardino
Time on Site
956 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 17
  • Total # of Buildings: 4
Unit Breakdown 1
  • # of Units: 5
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,501
  • Total Rent: $7,507
  • Pro Forma/Market Rent: $9,375
Unit Breakdown 2
  • # of Units: 6
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,244
  • Total Rent: $7,464
  • Pro Forma/Market Rent: $8,970
Unit Breakdown 3
  • # of Units: 6
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,140
  • Total Rent: $6,838
  • Pro Forma/Market Rent: $8,250
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.92
  • Gross Scheduled Income: --
  • Net Operating Income: $148,260
  • Gross Operating Income: $256,767
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1225 N El Dorado Ave

Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 17
  • # of Parking Spaces: 17
  • Has Parking
  • Parking Features: Garage
Property Information
  • Total # of Units: 17
  • Parcel Number: 0108501260000
Location / Neighborhood
Location Information
  • Directions: The El Dorado Apartments are located in the city of Ontario, California; on the corner of North El Dorado Avenue and East 5th Street. The Nearest Major Cross Streets are North Grove Avenue and Holt Boulevard.
View more facts & features

Local Ontario Agent

Sale History for 1225 N El Dorado Ave

Last sold for $3,750,000 on May 31st, 2022

  • May, 2022

  • May 31, 2022

    Date

    Sold

    CRMLS: 22127753

    $3,750,000

    Price

  • Feb 15, 2022

    Date

    Active

    CRMLS: 22127753

    $4,200,000

    Price

  • June, 2014

  • Jun 6, 2014

    Date

    Sold (Public Records)

    Public Records

    $2,030,000

    Price

  • September, 2005

  • Sep 12, 2005

    Date

    Sold (Public Records)

    Public Records

    $2,135,000

    Price

Show More

Tax History for 1225 N El Dorado Ave

Assessed Value (2020): $2,275,419
Year Land Value Improved Value Assessed Value
2020 $382,226 $1,893,193 $2,275,419

Home Value Compared to the Market

This property vs the competition

1225 N El Dorado Ave sold on May 31, 2022 for 522.05% higher than the current median sold price for the city of Ontario which is $635,000. The median sold price per/sqft for Ontario is $420 and this home is sold at $353.69 per/sqft which puts the price per square foot 15.79% lower than the current median sale per square foot for the city of Ontario.

About 1225 N El Dorado Ave

Detailed summary of property

1225 N El Dorado Ave is a multi family that recently sold in Ontario, CA 91764. This multi family property offered 16 bedrooms, 17 bathrooms, roughly 11,168 living square feet, and sits on an approximately 28,416 square foot lot. 1225 N El Dorado Ave was first listed on ArdentRealEstateGroup.com on February 15, 2022. The homeowner sold the property for $3,750,000. Home in Ontario are selling for a median price of $635,000 and a median price per square foot of $420. Based on Ardent Real Estate Group's Ontario Market Data, this home is sold 522.05% higher than the current median priced home. Local homes that are currently for sale include 984 El Camino Dr, 260 Linda Rosa Ave and 1998 E Villa St. While the average home in Ontario, CA is selling in 55 days, 1225 N El Dorado Ave has a days on market of 48 days. There are currently 391 homes for sale in the Ontario real estate market and 237 of them are single family homes while 127 of them are condos and 27 are townhomes. For more information on this home for sale at 1225 N El Dorado Ave Ontario, CA 91764 contact Ardent Real Estate Group and we will put you in touch with one of our Ontario agents.

Public Facts for 1225 N El Dorado Ave

Public county record property details
Beds
--
Baths
--
Year built
1968
Sq. Ft.
11,168
Lot Size
28,416
Stories
--
Type
Apartments (Generic)
Pool
No
Spa
No
County
San Bernardino
Lot#
1
APN
0108-501-26-0000

The source for these homes facts are from public records.

91764 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$630,000
Median List Price/Sq.Ft.
$436
Median Sold Price
$635,000
Median Sold Price/Sq.Ft.
$466
Total Inventory
70
Median Sale to List Price %
102.44%
Avg Days on Market
23
Loan Type
Conventional (61.54%), FHA (23.08%), VA (3.85%), Cash (3.85%), Other (7.69%)

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Recently Sold Homes Near 1225 N El Dorado Ave

1211 N El Dorado Ave, Ontario, CA 91764
$1,930,000 Last Sold Price
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1211 N El Dorado Ave
Ontario, CA 91764
1205 E 4th St, Ontario, CA 91764
$399,000 Last Sold Price
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2 Baths
1380 Sq.Ft.
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1522 N Lake Ave, Ontario, CA 91764
$650,000 Last Sold Price
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1407 Virginia Ave, Ontario, CA 91764
$702,000 Last Sold Price
9 Beds
6 Baths
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Ontario, CA 91764

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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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