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1865 E Rosewood Court, Ontario, CA 91764
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1865 E Rosewood Court Ontario, CA 91764

$1,225,000 Sold Price as of 10/29/2021
  • 10 Beds
  • 5.5 Baths
  • 4,190 Sq.Ft.
Sold
$1,225,000 Sold Price as of 10/29/2021 Refinance Your Mortgage
Map preview of 1865 E Rosewood Court, Ontario, CA 91764

Property Overview: 1865 E Rosewood Court Ontario, CA has 10 bedrooms, 5.5 bathrooms, 4,190 living square feet and 7,188 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 4 unit residential property located in the City of Ontario. The subject property is a Townhouse style complex with 3(3 bed/1.5 bath) and 1(1bed/1bath) built in 1978. All units have covered and uncovered spaces. Utilities are separately metered for gas and electricity. Tenants enjoy the available washer and dryer hook ups along with private patio’s/balcony. Each unit has their individual water heater. There are a total of 7 parking on the property. Its possible to park tandem to increase to 14 spaces. Each unit has central heating and cooling. All the units have upgraded flooring and wood cabinets. Unit C has been totally remodeled with quartz counter tops and cabinets new carpet upstairs. This property has been owned by the same owner for 43 years. It’s the first time on the market since they were purchased from the builder. There is Pride of Ownership, and it shows. 3 Units have below market rents and leaves room to increase and maximize the gross income from the property. If the new owner increases the income the return will grow to over 6% annual. Located close to 10 fwy and near schools, parks and Ontario Mills Mall, and other great shopping centers. Ideal property for beginning investor or owner occupied. Owner is currently selling all 4 buildings next to each other. 1859, 1865, 1871, 1877 E Rosewood Ct. Total of 15 units. Call or email for marketing

Listed by Carlos Skubacz | BRE #01474295 | RE/MAX 2000
Last checked: 11 minutes ago | Last updated: March 3rd, 2023 | Source CRMLS | DOM: 16

Home details

Lot Sq. Ft
7,188
HOA Dues
$0/mo
Year built
1978
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
PW21184223
City
Ontario
County
San Bernardino
Time on Site
982 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,612
  • Total Rent: $1,612
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,612
  • Total Rent: $1,612
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,300
  • Total Rent: $2,300
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $970
  • Total Rent: $970
  • Pro Forma/Market Rent: $1,350
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.35%
  • Gross Rent Multiplier: 15.72
  • Gross Scheduled Income: $77,928
  • Net Operating Income: $53,325
  • Gross Operating Income: --
  • Vacancy Allowance: $2,338
Annual Expense Breakdown
  • Total Operating Expense: $22,265
  • Electric: $0
  • Gas/Fuel: $0
  • Licenses: $140
  • New Taxes: $15,313
  • Trash: $0
  • Gardener: $600
  • Insurance: $1,400
  • Maintenance: $1,200
  • Water/Sewer: $3,612

Property Details for 1865 E Rosewood Court

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Inside
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: Lot 6500-9999, Sprinkler System
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 0110334040000
  • 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: north on Vineyard, left on Rosewood Ct
Neighborhood Information
  • Community Features: Curbs, Stable(s)
View more facts & features

Local Ontario Agent

Sale History for 1865 E Rosewood Court

Last leased for $2,195 on March 2nd, 2023

  • March, 2023

  • Mar 2, 2023

    Date

    Leased

    CRMLS: IV23002198

    $2,195

    Price

  • Jan 5, 2023

    Date

    Active

    CRMLS: IV23002198

    $2,195

    Price

  • Listing provided courtesy of CRMLS

    Two-story Townhouse in garden style complex. Includes 2 assigned parking, one carport and another uncovered space. Interior features ceramic tile throughout the downstairs. Updated cabinets and quartz countertops. Private patio with sliding door access from dining room. Half bathroom downstairs. Upstairs includes washer/dryer hookups. 3 bedrooms and full bathroom. Central heating and air. Water, Trash, Gardener included. Close to shopping schools and freeway access.

  • September, 2021

  • Sep 4, 2021

    Date

    Pending

    CRMLS: PW21184223

    $1,225,000

    Price

  • Aug 20, 2021

    Date

    Active

    CRMLS: PW21184223

    $1,225,000

    Price

Show More

Tax History for 1865 E Rosewood Court

Assessed Value (2020): $270,106
Year Land Value Improved Value Assessed Value
2020 $65,703 $204,403 $270,106

Home Value Compared to the Market

This property vs the competition

1865 E Rosewood Court sold on October 29, 2021 for 75.29% higher than the current median sold price for the city of Ontario which is $698,845. The median sold price per/sqft for Ontario is $418 and this home is sold at $292.36 per/sqft which puts the price per square foot 30.06% lower than the current median sale per square foot for the city of Ontario.

About 1865 E Rosewood Court

Detailed summary of property

1865 E Rosewood Court is a multi family that recently sold in Ontario, CA 91764. This multi family property offered 10 bedrooms, 5.5 bathrooms, roughly 4,190 living square feet, and sits on an approximately 7,188 square foot lot. 1865 E Rosewood Court was first listed on ArdentRealEstateGroup.com on September 4, 2021. The homeowner sold the property for $1,225,000. Home in Ontario are selling for a median price of $698,845 and a median price per square foot of $418. Based on Ardent Real Estate Group's Ontario Market Data, this home is sold 75.29% higher than the current median priced home. Local homes that are currently for sale include 10680 Burton St, 3856 Pontiac Ave and 4682 Bandini Ave. While the average home in Ontario, CA is selling in 49 days, 1865 E Rosewood Court has a days on market of 16 days. There are currently 302 homes for sale in the Ontario real estate market and 160 of them are single family homes while 120 of them are condos and 22 are townhomes. For more information on this home for sale at 1865 E Rosewood Court Ontario, CA 91764 contact Ardent Real Estate Group and we will put you in touch with one of our Ontario agents.

Public Facts for 1865 E Rosewood Court

Public county record property details
Beds
--
Baths
--
Year built
1979
Sq. Ft.
4,190
Lot Size
7,188
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
San Bernardino
Lot#
7
APN
0110-334-04-0000

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
$599,900
Median List Price/Sq.Ft.
$416
Median Sold Price
$600,000
Median Sold Price/Sq.Ft.
$439
Total Inventory
62
Median Sale to List Price %
100%
Avg Days on Market
22
Loan Type
Conventional (57.14%), FHA (19.05%), VA (0%), Cash (19.05%), Other (4.76%)

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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