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319 E Park St, Ontario, CA 91761
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319 E Park St Ontario, CA 91761

$773,000 Sold Price as of 02/07/2024
  • 5 Beds
  • 3.5 Baths
  • 2,955 Sq.Ft.
Sold
$773,000 Sold Price as of 02/07/2024 Refinance Your Mortgage
Map preview of 319 E Park St, Ontario, CA 91761

Property Overview: 319 E Park St Ontario, CA has 5 bedrooms, 3.5 bathrooms, 2,955 living square feet and 10,752 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This property comprises two lots, giving plenty of room for the three separate units and space for a yard and two-car garage. Unit 319 E Park. includes Three bedrooms and two baths. A good-sized living area. A kitchen with plenty of cabinetry, countertop space, and a comfortable dining area. Other features are storage, a fenced, private front and backyard, indoor laundry, and a driveway for additional parking. Units 315 and 317 E Park have one bedroom, one bath, a kitchen, an eating area, and a comfortable living area. Both units include a gated carport and fenced-in yards for each unit. 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. This property 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.

Listed by John Hess | BRE #01227808 | SHEAR REALTY
Last checked: 10 minutes ago | Last updated: February 8th, 2024 | Source CRMLS | DOM: 25

Home details

Lot Sq. Ft
10,752
HOA Dues
$0/mo
Year built
1930
Garage
2 Car
Property Type:
Triplex
Status
Sold
MLS#
CV23224058
City
Ontario
County
San Bernardino
Time on Site
159 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 4
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,180
  • Total Rent: $2,180
  • Pro Forma/Market Rent: $3,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,297
  • Total Rent: $1,297
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $38,000
  • Net Operating Income: $30,442
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $7,800
  • Trash: $1,440
  • Insurance: $2,611
  • Other Expenses: $7,800

Property Details for 319 E Park St

Interior Features
Cooling Information
  • Has Cooling
  • Ductless
Heating Information
  • Has Heating
  • Ductless
Laundry Information
  • Has Laundry
  • In Garage
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 1049245090000
  • Year Built Source: Estimated
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: From Plum
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Ontario Agent

Sale History for 319 E Park St

Last sold for $773,000 on February 7th, 2024

  • February, 2024

  • Feb 7, 2024

    Date

    Sold

    CRMLS: CV23224058

    $773,000

    Price

  • Dec 11, 2023

    Date

    Active

    CRMLS: CV23224058

    $799,000

    Price

Tax History for 319 E Park St

Assessed Value (2020): $58,972
Year Land Value Improved Value Assessed Value
2020 $7,889 $51,083 $58,972

Home Value Compared to the Market

This property vs the competition

319 E Park St sold on February 7, 2024 for 14.33% 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 $270.39 per/sqft which puts the price per square foot 35.31% lower than the current median sale per square foot for the city of Ontario.

About 319 E Park St

Detailed summary of property

319 E Park St is a triplex that recently sold in Ontario, CA 91761. This triplex offered 5 bedrooms, 3.5 bathrooms, roughly 2,955 living square feet, and sits on an approximately 10,752 square foot lot. 319 E Park St was first listed on ArdentRealEstateGroup.com on December 11, 2023. The homeowner sold the property for $773,000. 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 14.33% higher than the current median priced home. Local homes that are currently for sale include 7436 Oleander Ave, 8546 Bennett Ave and 7421 Mount Vernon St. While the average home in Ontario, CA is selling in 49 days, 319 E Park St has a days on market of 25 days. There are currently 300 homes for sale in the Ontario real estate market and 168 of them are single family homes while 112 of them are condos and 20 are townhomes. For more information on this home for sale at 319 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 319 E Park St

Public county record property details
Beds
--
Baths
--
Year built
1954
Sq. Ft.
1,936
Lot Size
7,200
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
San Bernardino
Lot#
--
APN
1049-245-09-0000

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
$664,999
Median List Price/Sq.Ft.
$416
Median Sold Price
$668,990
Median Sold Price/Sq.Ft.
$426
Total Inventory
142
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%)

Thinking of Selling?

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Thinking of Selling?
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(714) 706-1823

Homes for Sale Near 319 E Park St

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Recently Sold Homes Near 319 E Park St

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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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