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428 S Plum Ave, Ontario, CA 91761
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428 S Plum Ave Ontario, CA 91761

$525,000 Sold Price as of 01/05/2024
  • 4 Beds
  • 2 Baths
  • 1,334 Sq.Ft.
Sold
$525,000 Sold Price as of 01/05/2024 Refinance Your Mortgage
Map preview of 428 S Plum Ave, Ontario, CA 91761

Property Overview: 428 S Plum Ave Ontario, CA has 4 bedrooms, 2 bathrooms, 1,334 living square feet and 4,750 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to this excellent investment opportunity for seasoned investors or new and upcoming investors. This Duplex is located in the city of Ontario and has tremendous potential, with both units offering two bedrooms, a good-sized living area, and a kitchen area with plenty of room for dining. Each unit is approximately 670 Sq. Feet and has private parking. Both 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. The property will work for the person who wants to become a homeowner, live in one unit, and have revenue from the other. You can also take advantage of the residential FHA loan if the new owner lives in one unit.

Listed by John Hess | BRE #01227808 | SHEAR REALTY
Last checked: 10 minutes ago | Last updated: January 5th, 2024 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
4,750
HOA Dues
$0/mo
Year built
1930
Garage
--
Property Type:
Duplex
Status
Sold
MLS#
CV23216790
City
Ontario
County
San Bernardino
Time on Site
161 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,465
  • Total Rent: $2,465
  • Pro Forma/Market Rent: $3,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $29,580
  • Net Operating Income: $23,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $6,100
  • Electric: $0
  • Gas/Fuel: $0
  • Licenses: $67
  • New Taxes: $473
  • Trash: $960
  • Gardener: $1,375
  • Insurance: $1,700
  • Water/Sewer: $579
  • Other Expenses: $492

Property Details for 428 S Plum Ave

Interior Features
Cooling Information
  • Has Cooling
  • Dual, Ductless
Heating Information
  • Has Heating
  • Combination, Ductless
Laundry Information
  • Has Laundry
  • In Kitchen
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: See Remarks
  • Entry, Kitchen, Living Room, 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
Lot Information
  • Lot Features: Back Yard, Corner Lot, Front Yard, Near Public Transit, Park Nearby, Paved
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 1049243080000
  • Year Built Source: Estimated
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Private
  • Utilities: See Remarks, Sewer Connected
Location / Neighborhood
Location Information
  • Directions: On the corner of S. Plum Ave. and E. Park St.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Biking, Curbs, Golf, Gutters, Park, Sidewalks
View more facts & features

Local Ontario Agent

Sale History for 428 S Plum Ave

Last sold for $525,000 on January 5th, 2024

  • January, 2024

  • Jan 5, 2024

    Date

    Sold

    CRMLS: CV23216790

    $525,000

    Price

  • Nov 27, 2023

    Date

    Active

    CRMLS: CV23216790

    $560,000

    Price

Tax History for 428 S Plum Ave

Assessed Value (2020): $40,413
Year Land Value Improved Value Assessed Value
2020 $5,855 $34,558 $40,413

Home Value Compared to the Market

This property vs the competition

428 S Plum Ave sold on January 5, 2024 for 19.87% 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 $419.79 per/sqft which puts the price per square foot 0.43% higher than the current median sale per square foot for the city of Ontario.

About 428 S Plum Ave

Detailed summary of property

428 S Plum Ave is a duplex that recently sold in Ontario, CA 91761. This duplex offered 4 bedrooms, 2 bathrooms, roughly 1,334 living square feet, and sits on an approximately 4,750 square foot lot. 428 S Plum Ave was first listed on ArdentRealEstateGroup.com on November 27, 2023. The homeowner sold the property for $525,000. 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 19.87% lower than the current median priced home. Local homes that are currently for sale include 1643 E 87th Pl, 2411 Griffith Ave and 233 Columbia Pl. While the average home in Ontario, CA is selling in 50 days, 428 S Plum Ave has a days on market of 8 days. 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 428 S Plum Ave Ontario, CA 91761 contact Ardent Real Estate Group and we will put you in touch with one of our Ontario agents.

Public Facts for 428 S Plum Ave

Public county record property details
Beds
--
Baths
--
Year built
1966
Sq. Ft.
1,334
Lot Size
4,750
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
San Bernardino
Lot#
--
APN
1049-243-08-0000

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%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(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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