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1240 W Stoneridge Court, Ontario, CA 91762
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1240 W Stoneridge Court Ontario, CA 91762

$2,495,000
  • 10 Beds
  • 10 Baths
  • 4,806 Sq.Ft.
For Sale
$2,495,000 Get Pre-Qualified
Map preview of 1240 W Stoneridge Court, Ontario, CA 91762

Property Overview: 1240 W Stoneridge Court Ontario, CA has 10 bedrooms, 10 bathrooms, 4,806 living square feet and 16,920 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: Welcome to this 8 units that can be purchased with the property next door at 1248 Stoneridge 10 units also listed on MLS....2 2 bedroom 2 baths with proforma rent at $2000.00 per month. 6 1 bedrooms 1 bath at proforma rent of $1600.00 per month....Seller May Carry 1st Trust Deed with 30 % down amortized for 30 years..... Seller may consider 4.5% to 5.0% Fixed on Trust Deed......Buyer to submit.....Outstanding Opportunity....Tree lined and clean street.....Close to transportation and shopping. Laundry room with additional income....

Listed by Michael McCasland | BRE #00445574 | MICHAEL MC CASLAND, REALTOR
Last checked: 2 minutes ago | Last updated: April 12th, 2024 | Source CRMLS | DOM: 15
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Home details

Lot Sq. Ft
16,920
HOA Dues
$245/mo
Year built
1979
Garage
--
Property Type:
Apartment
Status
Active
MLS#
CV24067276
City
Ontario
County
San Bernardino
Time on Site
26 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
  • # of Leased Units: 8
  • # of Electric Meters: 11
  • # of Gas Meters: 11
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 6
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $7,400
  • Total Rent: $88,800
  • Pro Forma/Market Rent: $96,000
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Actual Rent: $3,550
  • Total Rent: $42,600
  • Pro Forma/Market Rent: $48,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $131,400
  • Net Operating Income: $98,071
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $33,890
  • Electric: $530
  • Gas/Fuel: $427
  • Trash: $4,435
  • Insurance: $6,924
  • Professional Management: $6,788
  • Water/Sewer: $3,638

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Property Details for 1240 W Stoneridge Court

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Dryer Included, Individual Room, Washer Included
Fireplace Information
  • No Fireplace
  • None
Room Information
  • All Bedrooms Down
Kitchen Information
  • Has Appliances
  • Gas Range
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Block
Exterior Features
  • Has Pool
  • Pool Features: Private, Fenced, In Ground
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Detached Carport, Asphalt, Paved, Off Street, On Site
Lot Information
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 8
  • Parcel Number: 1010542050000
  • Year Built Source: Assessor
  • Entry Level: 1
  • Foundation Details: Slab
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Fee: $245 (Frequency Unknown)
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: N/ Holt Ave W/Mountain Ave
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

Local Ontario Agent

Sale History for 1240 W Stoneridge Court

Last leased for $1,550 on February 3rd, 2023

  • April, 2024

  • Apr 11, 2024

    Date

    Active

    CRMLS: CV24067276

    $2,495,000

    Price

  • February, 2023

  • Feb 3, 2023

    Date

    Leased

    CRMLS: CV23017224

    $1,550

    Price

  • Jan 31, 2023

    Date

    Active

    CRMLS: CV23017224

    $1,550

    Price

  • Listing provided courtesy of CRMLS

    Cozy 1 bedroom and 1 bathroom apartment. Very clean with family room, full kitchen, spacious bedroom, and full bathroom. On-site laundry facility, dedicated parking space. Great location, centrally located

  • March, 2004

  • Mar 2, 2004

    Date

    Sold (Public Records)

    Public Records

    $730,000

    Price

Show More

Tax History for 1240 W Stoneridge Court

Assessed Value (2020): $949,042
Year Land Value Improved Value Assessed Value
2020 $284,713 $664,329 $949,042

Home Value Compared to the Market

This property vs the competition

1240 W Stoneridge Court is listed 280.9% higher than the median list price for the city of Ontario which has a median list price of $655,036. The median price per/sqft for Ontario is $416 and this home is listed at $519.14 per/sqft which puts the price per square foot 24.79% higher than the median price per square foot for the city of Ontario.

About 1240 W Stoneridge Court

Detailed summary of property

1240 W Stoneridge Court is a apartment located in Ontario, CA 91762 and is currently for sale. This apartment offers 10 bedrooms, 10 bathrooms, roughly 4,806 living square feet, and sits on an approximately 16,920 square foot lot. 1240 W Stoneridge Court was first listed on ArdentRealEstateGroup.com on April 5, 2024. The homeowner is currently asking $2,495,000. The median priced home in Ontario is $655,036 with a median price per square foot of $416. Based on Ardent Real Estate Group's Ontario Market Data, this home is listed 280.9% higher than the median priced home. Local competing homes currently for sale include 1134 N Mayfair Ave, 402 W Fairway Dr and 1551 W Ball Rd. This home does have a Homeowners Association and the monthly fee is $245 per month. While the average home in Ontario, CA is selling in 50 days, 1240 W Stoneridge Court has a days on market of 15 days. There are currently 297 homes for sale in the Ontario real estate market and 152 of them are single family homes while 124 of them are condos and 21 are townhomes. For more information on this home for sale at 1240 W Stoneridge 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 1240 W Stoneridge Court

Public county record property details
Beds
--
Baths
--
Year built
1979
Sq. Ft.
4,806
Lot Size
16,920
Stories
--
Type
Apartments (Generic)
Pool
No
Spa
No
County
San Bernardino
Lot#
1001
APN
1010-542-05-0000

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
$688,990
Median List Price/Sq.Ft.
$417
Median Sold Price
$740,000
Median Sold Price/Sq.Ft.
$416
Total Inventory
93
Median Sale to List Price %
102.07%
Avg Days on Market
20
Loan Type
Conventional (63.89%), FHA (5.56%), VA (0%), Cash (22.22%), Other (8.33%)

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Recently Sold Homes Near 1240 W Stoneridge Court

1150 W Stoneridge Court, Ontario, CA 91762
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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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