3240 Triumph Ln, Ontario, CA 91764
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3240 Triumph Ln Ontario, CA 91764

$1,300,000 Sold Price as of 03/13/2023
  • 10 Beds
  • 4 Baths
  • 4,149 Sq.Ft.
Sold
$1,300,000 Sold Price as of 03/13/2023 Refinance Your Mortgage

Map preview of 3240 Triumph Ln, Ontario, CA 91764

Property Overview: 3240 Triumph Ln Ontario, CA has 10 bedrooms, 4 bathrooms, 4,149 living square feet and 10,560 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Looking for a perfect investment property in the city of ontario. Quadplex with attached garage and fully occupied. All tenants are on current lease which have been staggered for 2023. Easily to adjust future rent to maximized cap rate. All units has there own electric and gas meter water and trash is shared.

Listed by Oliver Yang | BRE #01355519 | Cubemax International Corp.
Co-listed by Jonathan Yang | BRE #02001332 | Cubemax International Corp.
Last checked: 1 minute ago | Last updated: March 16th, 2023 | Source CRMLS | DOM: 13

Home details

Lot Sq. Ft
10,560
HOA Dues
$42/mo
Year built
1985
Garage
6 Car
Property Type:
Fourplex
Status
Sold
MLS#
TR23016796
City
Ontario
County
San Bernardino
Time on Site
520 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 5
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,230
  • Total Rent: $1,230
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,750
  • Total Rent: $1,750
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,649
  • Total Rent: $1,649
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.8%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $79,548
  • Net Operating Income: $52,180
  • Gross Operating Income: $79,548
Annual Expense Breakdown
  • Total Operating Expense: $27,367
  • Electric: $350
  • Gas/Fuel: $0
  • New Taxes: $17,187
  • Trash: $1,450
  • Gardener: $2,160
  • Insurance: $1,800
  • Water/Sewer: $3,817

Property Details for 3240 Triumph Ln

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • In Garage
Fireplace Information
  • Has Fireplace
  • Family Room
Room Information
  • All Bedrooms Up
Interior Features
  • Levels: Two
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
  • Has Parking
  • Parking Features: Direct Garage Access, Garage, Garage - Single Door
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: Planned Development
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 0210411110000
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Fee: $42 (Monthly)
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: inland empire and Center street
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

Local Ontario Agent

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Sale History for 3240 Triumph Ln

Last sold for $1,300,000 on March 13th, 2023
  • March, 2023

  • Mar 13, 2023

    Date

    Sold

    CRMLS: TR23016796

    $1,300,000

    Price

  • Feb 4, 2023

    Date

    Active

    CRMLS: TR23016796

    $1,375,000

    Price

  • May, 2020

  • May 24, 2020

    Date

    Leased

    CRMLS: TR20084136

    $1,850

    Price

  • May 17, 2020

    Date

    Pending

    CRMLS: TR20084136

    $1,850

    Price

  • May 3, 2020

    Date

    Active

    CRMLS: TR20084136

    $1,850

    Price

  • Listing provided courtesy of CRMLS

    Beautiful 3 bedrooms, 1 full bath upstairs and 3/4 bath down stairs. Laminated wood flooring downstairs, Newly repainted kitchen with a dining area. Has a large patio area with 2 car attached garage. Laundry space in the garage room. Large size family room with a fireplace and a beautiful scenery windows with a large green grass in the front of the house. Numerous street parking: Water and Trash cover by landlord.

  • April, 2020

  • Apr 12, 2020

    Date

    Leased

    CRMLS: TR20061769

    $1,750

    Price

  • Mar 23, 2020

    Date

    Active

    CRMLS: TR20061769

    $1,750

    Price

  • Listing provided courtesy of CRMLS

    Excellent 4 plex in ontario close to Onatrio Mills and West Coast University. 3 Bedrooms upstairs, living Rooms, dining area and a good size kitchen. 1 full bathroom upstairs and 1 powder room downstairs. A very large patio area with tile stone throughout. New Paint and tile downstairs, carpeting upstairs with windows blinds, central Air, 2 car attached garage and laundry rm downstairs. Immediate move in.

  • November, 2002

  • Nov 14, 2002

    Date

    Sold (Public Records)

    Public Records

    $440,000

    Price

Show More

Tax History for 3240 Triumph Ln

Assessed Value (2020): $582,705
Year Land Value Improved Value Assessed Value
2020 $119,190 $463,515 $582,705

Home Value Compared to the Market

This property vs the competition

3240 Triumph Ln sold on March 13, 2023 for 100.73% higher than the current median sold price for the city of Ontario which is $685,000. The median sold price per/sqft for Ontario is $436 and this home is sold at $331.41 per/sqft which puts the price per square foot 23.99% lower than the current median sale per square foot for the city of Ontario.

About 3240 Triumph Ln

Detailed summary of property

3240 Triumph Ln is a fourplex that recently sold in Ontario, CA 91764. This fourplex offered 10 bedrooms, 4 bathrooms, roughly 4,149 living square feet, and sits on an approximately 10,560 square foot lot. 3240 Triumph Ln was first listed on ArdentRealEstateGroup.com on February 4, 2023. The homeowner sold the property for $1,300,000. Home in Ontario are selling for a median price of $685,000 and a median price per square foot of $436. Based on Ardent Real Estate Group's Ontario Market Data, this home is sold 100.73% higher than the current median priced home. Local homes that are currently for sale include 420 N Alameda Ave, 413 N Walnut St and 607 N Harbor Blvd. This home does have a Homeowners Association and the monthly fee is $42 per month. While the average home in Ontario, CA is selling in 51 days, 3240 Triumph Ln has a days on market of 13 days. There are currently 336 homes for sale in the Ontario real estate market and 192 of them are single family homes while 116 of them are condos and 28 are townhomes. For more information on this home for sale at 3240 Triumph Ln Ontario, CA 91764 contact Ardent Real Estate Group and we will put you in touch with one of our Ontario agents.

Public Facts for 3240 Triumph Ln

Public county record property details
Beds
--
Baths
--
Year built
1987
Sq. Ft.
4,149
Lot Size
10,560
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
San Bernardino
Lot#
11
APN
0210-411-11-0000

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
$609,275
Median List Price/Sq.Ft.
$439
Median Sold Price
$606,345
Median Sold Price/Sq.Ft.
$397
Total Inventory
63
Median Sale to List Price %
101.4%
Avg Days on Market
23
Loan Type
Conventional (64.29%), FHA (7.14%), VA (0%), Cash (21.43%), Other (7.14%)

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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.