716 W Phillips St, Ontario, CA 91762
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716 W Phillips St Ontario, CA 91762

$6,700,000
  • 30 Beds
  • 30 Baths
  • 17,071 Sq.Ft.
For Sale
$6,700,000 Get Pre-Qualified

Map preview of 716 W Phillips St, Ontario, CA 91762

Property Overview: 716 W Phillips St Ontario, CA has 30 bedrooms, 30 bathrooms, 17,071 living square feet and 46,282 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: We are pleased to present this 15-Unit townhome style multifamily property located at 716-726 W. Phillips Street in Ontario, CA. Built in 1984, this well-maintained collection of individual properties has a total building area of 17,070 Sq.Ft. and sits on a combined lot size of 46,282 Sq.Ft. (approximately 1.1 AC). This asset is made up of (five) 2-story buildings, each of which contains 3 large 2-bedroom/2.5-bathroom units. Each unit has washer and dryer hook ups and is separately metered for electricity and gas. Each unit is situated above a private 2-car garage, the elevated layout adds to the privacy of each unit, which sits on its own parcel. The property also features front lawns/patios, additional surface parking, private driveway, and storage in the rear of the property. This gem of a property will also allow the owner to sell each individual unit as its own parcel. 716-726 W. Phillips Street is ideal for someone looking to invest in a quiet residential neighborhood with a multitude of amenities nearby.

Listed by Olga L. Collatin | BRE #01324954 | The Agency
Last checked: 14 minutes ago | Last updated: July 7th, 2023 | Source CRMLS | DOM: 303
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Home details

Lot Sq. Ft
46,282
HOA Dues
$0/mo
Year built
1984
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
23273371
City
Ontario
County
San Bernardino
Time on Site
327 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 15
  • Total # of Buildings: 5
Unit Breakdown 1
  • # of Units: 15
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $26,213
  • Pro Forma/Market Rent: $36,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 716 W Phillips St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 44
  • Has Parking
  • Parking Features: Garage - Two Door, Driveway
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 15
  • Parcel Number: UNAVAILABLE
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Head north on S San Antonio Ave, turn west (left) onto Phillips ST, and turn right into the first driveway. The property will be on your right hand side as you drive down the driveway.
View more facts & features

Local Ontario Agent

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Sale History for 716 W Phillips St

View property's historical transactions
  • May, 2023

  • May 31, 2023

    Date

    Active

    CRMLS: 23273371

    $6,700,000

    Price

Tax History for 716 W Phillips St

Assessed Value (2021): --
Year Land Value Improved Value Assessed Value
2021 -- -- --

Home Value Compared to the Market

This property vs the competition

716 W Phillips St is listed 930.77% higher than the median list price for the city of Ontario which has a median list price of $650,000. The median price per/sqft for Ontario is $420 and this home is listed at $392.48 per/sqft which puts the price per square foot 6.55% lower than the median price per square foot for the city of Ontario.

About 716 W Phillips St

Detailed summary of property

716 W Phillips St is a multi family located in Ontario, CA 91762 and is currently for sale. This multi family property offers 30 bedrooms, 30 bathrooms, roughly 17,071 living square feet, and sits on an approximately 46,282 square foot lot. 716 W Phillips St was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner is currently asking $6,700,000. The median priced home in Ontario is $650,000 with a median price per square foot of $420. Based on Ardent Real Estate Group's Ontario Market Data, this home is listed 930.77% higher than the median priced home. Local competing homes currently for sale include 166 Fairview St, 166 Fairview St and 510 Glenneyre St. While the average home in Ontario, CA is selling in 50 days, 716 W Phillips St has a days on market of 303 days. There are currently 300 homes for sale in the Ontario real estate market and 159 of them are single family homes while 121 of them are condos and 20 are townhomes. For more information on this home for sale at 716 W Phillips St Ontario, CA 91762 contact Ardent Real Estate Group and we will put you in touch with one of our Ontario agents.

Public Facts for 716 W Phillips St

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
Miscellaneous (General)
Pool
No
Spa
No
County
San Bernardino
Lot#
--
APN
1049-583-55-1000

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
$695,000
Median List Price/Sq.Ft.
$417
Median Sold Price
$641,990
Median Sold Price/Sq.Ft.
$426
Total Inventory
101
Median Sale to List Price %
102.07%
Avg Days on Market
23
Loan Type
Conventional (60.47%), FHA (13.95%), VA (0%), Cash (23.26%), Other (2.33%)

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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.