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820 E Richland St, Ontario, CA 91764
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820 E Richland St Ontario, CA 91764

$1,500,000
  • 8 Beds
  • 8 Baths
  • 3,432 Sq.Ft.
For Sale
$1,500,000 Get Pre-Qualified
Map preview of 820 E Richland St, Ontario, CA 91764

Property Overview: 820 E Richland St Ontario, CA has 8 bedrooms, 8 bathrooms, 3,432 living square feet and 9,079 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: This great Quadruplex property offers a great investment opportunity with its four units that each have 2 bedrooms and 1 bath each. Each unit also has a 1 car garage! This property includes a coin operated laundry room for all the tenants to use. The exterior has just been painted! The roof is newer and is only 2 years old. All units are rented and on a month to month. New landscaping just put in. Located with easy access to the freeway this property is also conveniently situated near plenty of shopping and restaurants, making it an attractive option for tenants. This rental income offers the potential for a steady income and a solid return on your investment. Don't miss out on this opportunity to add a high-performing property to your portfolio.

Listed by Doreen Orabona | BRE #01205893 | REALTY WORLD ALL STARS
Co-listed by Kimberlee Pelletier | BRE #01880231 | REALTY WORLD ALL STARS
Last checked: 10 minutes ago | Last updated: April 4th, 2024 | Source CRMLS | DOM: 24
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Home details

Lot Sq. Ft
9,079
HOA Dues
$0/mo
Year built
1963
Garage
4 Car
Property Type:
Fourplex
Status
Active
MLS#
CV24065367
City
Ontario
County
San Bernardino
Time on Site
30 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,495
  • Total Rent: $2,990
  • Pro Forma/Market Rent: $2,990
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,550
  • Total Rent: $3,100
  • Pro Forma/Market Rent: $3,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $6,090
  • Net Operating Income: $5,667
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $423
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Gardener: $1,200
  • Insurance: $1,677
  • Professional Management: $3,864
  • Water/Sewer: $2,700

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Property Details for 820 E Richland St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Community
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Tile, Vinyl
  • All Bedrooms Down, Kitchen, Living Room
Kitchen Information
  • Has Appliances
  • Water Heater Central
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Composition
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Garage - Single Door
Lot Information
  • Lot Features: Lot 6500-9999
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 1047201040000
  • Year Built Source: Assessor
  • 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: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Off of Campus
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Ontario Agent

Sale History for 820 E Richland St

View property's historical transactions

  • April, 2024

  • Apr 2, 2024

    Date

    Active

    CRMLS: CV24065367

    $1,500,000

    Price

Tax History for 820 E Richland St

Assessed Value (2020): $139,110
Year Land Value Improved Value Assessed Value
2020 $40,607 $98,503 $139,110

Home Value Compared to the Market

This property vs the competition

820 E Richland St is listed 129% higher than the median list price for the city of Ontario which has a median list price of $655,036. The median price per/sqft for Ontario is $416 and this home is listed at $437.06 per/sqft which puts the price per square foot 5.06% higher than the median price per square foot for the city of Ontario.

About 820 E Richland St

Detailed summary of property

820 E Richland St is a fourplex located in Ontario, CA 91764 and is currently for sale. This fourplex offers 8 bedrooms, 8 bathrooms, roughly 3,432 living square feet, and sits on an approximately 9,079 square foot lot. 820 E Richland St was first listed on ArdentRealEstateGroup.com on April 3, 2024. The homeowner is currently asking $1,500,000. The median priced home in Ontario is $655,036 with a median price per square foot of $416. Based on Ardent Real Estate Group's Ontario Market Data, this home is listed 129% higher than the median priced home. Local competing homes currently for sale include 2325 Angela St, 2325 Angela St and 1541 W Orange Grove Ave. While the average home in Ontario, CA is selling in 50 days, 820 E Richland St has a days on market of 24 days. There are currently 297 homes for sale in the Ontario real estate market and 152 of them are single family homes while 124 of them are condos and 21 are townhomes. For more information on this home for sale at 820 E Richland St Ontario, CA 91764 contact Ardent Real Estate Group and we will put you in touch with one of our Ontario agents.

Public Facts for 820 E Richland St

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
9,083
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
San Bernardino
Lot#
4
APN
1047-201-04-0000

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
$599,999
Median List Price/Sq.Ft.
$412
Median Sold Price
$600,000
Median Sold Price/Sq.Ft.
$439
Total Inventory
55
Median Sale to List Price %
100%
Avg Days on Market
22
Loan Type
Conventional (57.14%), FHA (19.05%), VA (0%), Cash (19.05%), Other (4.76%)

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(714) 706-1823
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Recently Sold Homes Near 820 E Richland St

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659 Richland St, Upland, CA 91786
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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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