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132 N Pleasant Ave, Ontario, CA 91764
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132 N Pleasant Ave Ontario, CA 91764

$1,150,000 Sold Price as of 07/01/2019
  • 10 Beds
  • 6 Baths
  • 3,502 Sq.Ft.
Sold
$1,150,000 Sold Price as of 07/01/2019 Refinance Your Mortgage
Map preview of 132 N Pleasant Ave, Ontario, CA 91764

Property Overview: 132 N Pleasant Ave Ontario, CA has 10 bedrooms, 6 bathrooms, 3,502 living square feet and 9,648 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present 132 N Pleasant Avenue, a unique 6 unit multi-family property in the heart of the rapidly growing city of Ontario. This is the first time the property has been offered for sale in over 40 years! The subject property is comprised of four single-story detached 2 bedroom/1 bathroom units, along with two spacious 1 bedroom/1 bathroom units which are situated above six single-car garages. Tenants enjoy gated privacy as well as a sense of ownership from the privacy the single level units offer. The current owner has invested in a substantial amount of capital improvements including; new electrical system, new copper plumbing, as well as completely updated interiors. A new investor can take advantage of this "turn-key" asset while enjoying a generous 5.35%+ Cash-On-Cash Return upon the close of escrow. Poised for long term stable occupancy and growth, the subject property is ideal for your next 1031-Exchange or new purchase.

Listed by KRISTOPHER GERMAN | BRE #01800021 | RE/MAX 2000
Last checked: 14 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 21

Home details

Lot Sq. Ft
9,648
HOA Dues
$0/mo
Year built
1949
Garage
6 Car
Property Type:
Multi Family
Status
Sold
MLS#
CV19064348
City
Ontario
County
San Bernardino
Time on Site
1529 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 5
  • # of Electric Meters: 6
  • # of Gas Meters: 6
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,395
  • Total Rent: $1,395
  • Pro Forma/Market Rent: $1,525
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,295
  • Total Rent: $1,295
  • Pro Forma/Market Rent: $1,525
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,295
  • Total Rent: $1,295
  • Pro Forma/Market Rent: $1,525
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,295
  • Total Rent: $1,295
  • Pro Forma/Market Rent: $1,525
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,295
  • Total Rent: $1,295
  • Pro Forma/Market Rent: $1,295
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,095
  • Total Rent: $1,095
  • Pro Forma/Market Rent: $1,295
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.67%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $92,040
  • Net Operating Income: $63,194
  • Gross Operating Income: $89,279
  • Vacancy Allowance: $2,761
Annual Expense Breakdown
  • Total Operating Expense: $26,085
  • Electric: $240
  • Gas/Fuel: $0
  • New Taxes: $13,380
  • Trash: $2,400
  • Insurance: $1,401
  • Maintenance: $4,464
  • Professional Management: $0
  • Water/Sewer: $3,300
  • Other Expenses: $900
  • Other Expense Description: Reserves

Property Details for 132 N Pleasant Ave

Interior Features
Laundry Information
  • Has Laundry
  • See Remarks
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 6
  • # of Parking Spaces: 6
Lot Information
  • Lot Features: 6-10 Units/Acre
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 6
  • Parcel Number: 1048523230000
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: South of I-10 & West of I-15, near intersection of E Holt Blvd & N Pleasant Ave
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks
View more facts & features

Local Ontario Agent

Sale History for 132 N Pleasant Ave

Last sold for $1,150,000 on July 1st, 2019

  • July, 2019

  • Jul 3, 2019

    Date

    Sold

    CRMLS: CV19064348

    $1,150,000

    Price

  • Apr 15, 2019

    Date

    Pending

    CRMLS: CV19064348

    $1,115,000

    Price

  • Mar 23, 2019

    Date

    Active

    CRMLS: CV19064348

    $1,115,000

    Price

  • July, 2019

  • Jul 1, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,150,000

    Price

  • May, 2019

  • May 7, 2019

    Date

    Leased

    CRMLS: IV19031684

    $1,395

    Price

  • May 4, 2019

    Date

    Pending

    CRMLS: IV19031684

    $1,395

    Price

  • Feb 11, 2019

    Date

    Active

    CRMLS: IV19031684

    $1,395

    Price

  • Listing provided courtesy of CRMLS

    2 bedroom 1 bath front house! Tile in living areas, kitchen and laundry room. Carpet in bedrooms and closets. Family room, dining area and kitchen that opens to dining area. Hall storage. Inside laundry room with washer/dryer hookups. Close to schools, shopping and freeway access!

  • March, 2019

  • Mar 18, 2019

    Date

    Leased

    CRMLS: IV19031689

    $1,295

    Price

  • Mar 6, 2019

    Date

    Pending

    CRMLS: IV19031689

    $1,295

    Price

  • Feb 11, 2019

    Date

    Active

    CRMLS: IV19031689

    $1,295

    Price

  • Listing provided courtesy of CRMLS

    1 bedroom 1 bath apartment on 2nd story! AC/Heater in unit. Tile in living areas, kitchen and laundry room. Carpet in bedroom and closet. Huge walk in closet with storage. Separate dinning room. Inside laundry room with washer/dryer hookups. Includes 1 car garage. Close to schools, shopping and freeway access!

  • August, 2018

  • Aug 20, 2018

    Date

    Leased

    CRMLS: IV18146194

    $1,395

    Price

  • Jul 25, 2018

    Date

    Price Change

    CRMLS: IV18146194

    $1,395

    Price

  • Jun 19, 2018

    Date

    Active

    CRMLS: IV18146194

    $1,495

    Price

  • Listing provided courtesy of CRMLS

    2 bedroom 1 bath front house! Tile in living areas, kitchen and laundry room. Carpet in bedrooms and closets. Family room, dining area and kitchen that opens to dining area. Hall storage. Inside laundry room with washer/dryer hookups. Close to schools, shopping and freeway access!

  • April, 2018

  • Apr 15, 2018

    Date

    Leased

    CRMLS: IV18050743

    $1,195

    Price

  • Apr 9, 2018

    Date

    Pending

    CRMLS: IV18050743

    $1,195

    Price

  • Mar 5, 2018

    Date

    Active

    CRMLS: IV18050743

    $1,195

    Price

  • Listing provided courtesy of CRMLS

    1 bedroom 1 bath apartment on 2nd story! AC/Heater in unit. Tile in living areas, kitchen and laundry room. Carpet in bedroom and closet. Huge walk in closet with storage. Separate dinning room. Inside laundry room with washer/dryer hookups. Includes 1 car garage. Close to schools, shopping and freeway access!

  • September, 2017

  • Sep 22, 2017

    Date

    Pending

    CRMLS: IV17207356

    $1,095

    Price

  • Sep 7, 2017

    Date

    Active

    CRMLS: IV17207356

    $1,095

    Price

  • Listing provided courtesy of CRMLS

    1 bedroom 1 bath apartment on 2nd story! Tile in living areas, kitchen and laundry room. Carpet in bedroom and closet. Huge walk in closet with storage. Separate dinning room. Inside laundry room with washer/dryer hookups. Close to schools, shopping and freeway access!

Show More

Tax History for 132 N Pleasant Ave

Assessed Value (2020): $1,150,000
Year Land Value Improved Value Assessed Value
2020 $402,500 $747,500 $1,150,000

Home Value Compared to the Market

This property vs the competition

132 N Pleasant Ave sold on July 1, 2019 for 75.59% 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 $318.39 per/sqft which puts the price per square foot 24.19% lower than the current median sale per square foot for the city of Ontario.

About 132 N Pleasant Ave

Detailed summary of property

132 N Pleasant Ave is a multi family that recently sold in Ontario, CA 91764. This multi family property offered 10 bedrooms, 6 bathrooms, roughly 3,502 living square feet, and sits on an approximately 9,648 square foot lot. 132 N Pleasant Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $1,150,000. 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 75.59% higher than the current median priced home. Local homes that are currently for sale include 678 Del Rosa Pl, 896 N Cota St and 884 N Cota St. While the average home in Ontario, CA is selling in 55 days, 132 N Pleasant Ave has a days on market of 21 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 132 N Pleasant 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 132 N Pleasant Ave

Public county record property details
Beds
--
Baths
--
Year built
1949
Sq. Ft.
4,262
Lot Size
9,648
Stories
2
Type
Apartments (Generic)
Pool
No
Spa
No
County
San Bernardino
Lot#
1
APN
1048-523-23-0000

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%)

Thinking of Selling?

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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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