219 E Park St, Ontario, CA 91761
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219 E Park St Ontario, CA 91761

$675,000 Sold Price as of 01/23/2024
  • 4 Beds
  • 3.5 Baths
  • 1,920 Sq.Ft.
Sold
$675,000 Sold Price as of 01/23/2024 Refinance Your Mortgage

Map preview of 219 E Park St, Ontario, CA 91761

Property Overview: 219 E Park St Ontario, CA has 4 bedrooms, 3.5 bathrooms, 1,920 living square feet and 7,200 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This is an excellent investment opportunity for investors or those who want to become a homeowner, live in one unit, and have revenue from the others. This property has three separate units and is located in the city of Ontario. Unit 219 E Park. has just over 900 sq. ft. of living space and includes two bedrooms and 1.5 baths. A good-sized living area. A kitchen with plenty of cabinetry and countertop space, a breakfast bar, and a nook. Other features are a shaded back patio, indoor laundry, parking, and a fence in the front yard. Units 221 and 223 E Park are just over 500 Sq. Sq. feet and has one bedroom, one bath, a kitchen, an eating area, and a comfortable living area. Included with both units is private parking. All units have long-term tenants and are on a month-to-month schedule. The property offers a high potential revenue stream growth: See Pro Forma for growth potential. The property is close to all amenities, schools, parks, shopping, and public transportation.

Listed by John Hess | BRE #01227808 | SHEAR REALTY
Last checked: 6 minutes ago | Last updated: February 7th, 2024 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
7,200
HOA Dues
$0/mo
Year built
1950
Garage
--
Property Type:
Triplex
Status
Sold
MLS#
CV23219435
City
Ontario
County
San Bernardino
Time on Site
157 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,355
  • Total Rent: $1,355
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,025
  • Total Rent: $2,025
  • Pro Forma/Market Rent: $3,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $40,500
  • Net Operating Income: $33,400
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $7,100
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $1,433
  • Insurance: $2,109
  • Water/Sewer: $359

Property Details for 219 E Park St

Interior Features
Cooling Information
  • Has Cooling
  • Ductless
Heating Information
  • Has Heating
  • Ductless
Laundry Information
  • Has Laundry
  • Inside, Stackable
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Entry, Galley Kitchen, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, See Remarks
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Has Fence
  • Chain Link
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway, Driveway Level, Gated, See Remarks
Lot Information
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard, Landscaped
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 1049243090000
  • Year Built Source: Estimated
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: close to corner of Plum and E. Park
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Biking, Gutters, Park, Sidewalks, Storm Drains, Street Lights
View more facts & features

Local Ontario Agent

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Sale History for 219 E Park St

Last sold for $675,000 on January 23rd, 2024
  • January, 2024

  • Jan 23, 2024

    Date

    Sold

    CRMLS: CV23219435

    $675,000

    Price

  • Dec 1, 2023

    Date

    Active

    CRMLS: CV23219435

    $675,000

    Price

Tax History for 219 E Park St

Assessed Value (2020): $44,040
Year Land Value Improved Value Assessed Value
2020 $7,889 $36,151 $44,040

Home Value Compared to the Market

This property vs the competition

219 E Park St sold on January 23, 2024 for 3.41% lower 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 $351.56 per/sqft which puts the price per square foot 15.89% lower than the current median sale per square foot for the city of Ontario.

About 219 E Park St

Detailed summary of property

219 E Park St is a triplex that recently sold in Ontario, CA 91761. This triplex offered 4 bedrooms, 3.5 bathrooms, roughly 1,920 living square feet, and sits on an approximately 7,200 square foot lot. 219 E Park St was first listed on ArdentRealEstateGroup.com on December 1, 2023. The homeowner sold the property for $675,000. 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 3.41% lower than the current median priced home. Local homes that are currently for sale include 563 W Evans St, 856 N Arrowhead Ave and 933 N Mountain View Ave. There are currently 298 homes for sale in the Ontario real estate market and 148 of them are single family homes while 128 of them are condos and 22 are townhomes. For more information on this home for sale at 219 E Park St Ontario, CA 91761 contact Ardent Real Estate Group and we will put you in touch with one of our Ontario agents.

Public Facts for 219 E Park St

Public county record property details
Beds
2
Baths
1
Year built
1885
Sq. Ft.
908
Lot Size
7,200
Stories
1
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
San Bernardino
Lot#
--
APN
1049-243-09-0000

The source for these homes facts are from public records.

91761 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$655,036
Median List Price/Sq.Ft.
$416
Median Sold Price
$668,990
Median Sold Price/Sq.Ft.
$426
Total Inventory
149
Median Sale to List Price %
99.12%
Avg Days on Market
20
Loan Type
Conventional (54.05%), FHA (18.92%), VA (8.11%), Cash (10.81%), Other (8.11%)

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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.