522 S Oakland Ave, Ontario, CA 91762
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522 S Oakland Ave Ontario, CA 91762

$885,000 Sold Price as of 11/09/2021
  • 7 Beds
  • 3.75 Baths
  • 2,586 Sq.Ft.
Sold
$885,000 Sold Price as of 11/09/2021 Refinance Your Mortgage

Map preview of 522 S Oakland Ave, Ontario, CA 91762

Property Overview: 522 S Oakland Ave Ontario, CA has 7 bedrooms, 3.75 bathrooms, 2,586 living square feet and 12,710 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great investment opportunity on this Triplex! Large corner lot consisting of a fully remodeled single story home located at 606 W Sunkist Ave bosting approx. 1,400 sqft single story house with 3 Bedrooms, 2 Bathrooms, large family room, kitchen, pantry, laundry room and large porch. On the other side of the lot, sits a detached approx. 1,200 sqft foot 2 unit Duplex, each unit with 2 Bedrooms and 1 bathroom (approx. 600 sq. ft each unit). The main house is fully remodeled with new kitchen cabinets, new quartz counter tops, new stainless steel appliances, full back splash, and new disposal. Newly remodeled bathroom with quartz counter top, new vanities, new walk in shower, new shower door, and all new plumbing fixtures. New ceiling fans in all bedrooms, family room and dining room. New vinyl laminate floor throughout, fresh interior and exterior paint, new windows, and all new 200 amps electric panel. Duplex unit in the back, 524 S Oakland, is a 2 bed/1 bath, with fully remodeled with new kitchen cabinets, quartz counter tops and full back splash, new sink, new faucet, new bathroom vanity, new sliding doors, new windows throughout, new interior paint, tile floor, and interior laundry. The front Duplex unit, 522 S Oakland, has 2 beds/1 bath, with family room. Laminate floor in bedrooms and family room, tile floor in kitchen and bathroom. New windows throughout. This is a very high demanding area. All units have a long tenant history, and there is room for market increase. Sold in AS IS/WHERE IS condition, buyer to satisfy itself regarding the condition and all aspects of the property. Must see!!

Listed by Toma Groza | BRE #01349455 | Coldwell Banker Blackstone
Last checked: 10 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 5

Home details

Lot Sq. Ft
12,710
HOA Dues
$0/mo
Year built
1915
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
IG21218010
City
Ontario
County
San Bernardino
Time on Site
946 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 4
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $54,000
  • Net Operating Income: $45,664
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $8,336
  • Electric: $0
  • Gas/Fuel: $0
  • Licenses: $73
  • New Taxes: $5,430
  • Trash: $0
  • Gardener: $1,200
  • Insurance: $1,494
  • Water/Sewer: $0
  • Other Expenses: $138
  • Other Expense Description: code enf

Property Details for 522 S Oakland Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • Has Fireplace
  • Family Room
Room Information
  • Flooring: Laminate, Tile
Kitchen Information
  • Has Appliances
  • Microwave
Interior Features
  • Ceiling Fan(s)
  • Levels: One
  • Window Features: Double Pane Windows, Screens
  • Security Features: Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Chain Link
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Driveway, Concrete
Lot Information
  • Lot Features: Corner Lot, Sprinkler System, Sprinklers In Front, Sprinklers Timer
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 1049282280000
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Sewer Connected
Location / Neighborhood
Location Information
  • Directions: From 60 freeway going west exit Euclid Ave Right, Sunkist Left, Oakland Right (Corner lot)
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Ontario Agent

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Sale History for 522 S Oakland Ave

Last sold for $885,000 on November 9th, 2021
  • November, 2021

  • Nov 9, 2021

    Date

    Sold

    CRMLS: IG21218010

    $885,000

    Price

  • Oct 2, 2021

    Date

    Active

    CRMLS: IG21218010

    $849,000

    Price

  • May, 2005

  • May 5, 2005

    Date

    Sold (Public Records)

    Public Records

    $380,000

    Price

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Tax History for 522 S Oakland Ave

Assessed Value (2020): $484,335
Year Land Value Improved Value Assessed Value
2020 $159,321 $325,014 $484,335

Home Value Compared to the Market

This property vs the competition

522 S Oakland Ave sold on November 9, 2021 for 21.49% 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 $328.31 per/sqft which puts the price per square foot 21.46% lower than the current median sale per square foot for the city of Ontario.

About 522 S Oakland Ave

Detailed summary of property

522 S Oakland Ave is a multi family that recently sold in Ontario, CA 91762. This multi family property offered 7 bedrooms, 3.75 bathrooms, roughly 2,586 living square feet, and sits on an approximately 12,710 square foot lot. 522 S Oakland Ave was first listed on ArdentRealEstateGroup.com on October 2, 2021. The homeowner sold the property for $885,000. 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 21.49% higher than the current median priced home. Local homes that are currently for sale include 8546 Bennett Ave, 110 Orange Grove Ave and 1008 Wallgreen St. While the average home in Ontario, CA is selling in 50 days, 522 S Oakland Ave has a days on market of 5 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 522 S Oakland Ave Ontario, CA 91762 contact Ardent Real Estate Group and we will put you in touch with one of our Ontario agents.

Public Facts for 522 S Oakland Ave

Public county record property details
Beds
4
Baths
1
Year built
1915
Sq. Ft.
1,332
Lot Size
12,710
Stories
1
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
San Bernardino
Lot#
--
APN
1049-282-28-0000

The source for these homes facts are from public records.

91762 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$688,990
Median List Price/Sq.Ft.
$417
Median Sold Price
$740,000
Median Sold Price/Sq.Ft.
$416
Total Inventory
95
Median Sale to List Price %
102.07%
Avg Days on Market
20
Loan Type
Conventional (63.89%), FHA (5.56%), VA (0%), Cash (22.22%), Other (8.33%)

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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.