923 N Vineyard Ave, Ontario, CA 91764
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923 N Vineyard Ave Ontario, CA 91764

$940,000 Sold Price as of 04/01/2020
  • 9 Beds
  • 5 Baths
  • 4,000 Sq.Ft.
Sold
$940,000 Sold Price as of 04/01/2020 Refinance Your Mortgage

Map preview of 923 N Vineyard Ave, Ontario, CA 91764

Property Overview: 923 N Vineyard Ave Ontario, CA has 9 bedrooms, 5 bathrooms, 4,000 living square feet and 6,627 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great Income Investment Properties. Corner lot four unit rental income apartment complex. Two of four units upgraded in 2016 with new tile flooring, new carpeting in bedrooms, open kitchen with new walnut cabinets and granite counter tops, stainless steel sink with new garbage disposal, new stainless steel stove, refrigerator, dish washer and microwave. Newer double pane windows throughout and new kitchen sliding door. New bathroom vanity, new toilet and bathtub/shower. New interior/exterior paint and electrical panel. Complex consist of three 2 bedrooms, 1 bath units and one single level attached house with 3 bedrooms, 2 bathrooms. Each 2 bedroom unit has private patio. Front house has private backyard patio and a front lawn with automatic sprinklers. Front of complex is enclosed by a wrought iron gated fence. Separate coin operated laundry room on property for tenant use only to generates additional income. Each apartment unit has a one car garage that's accessible from rear alley. This is a high demand rental income property located close to schools, multiple shopping centers, the 10 fwy and less than a mile from the Ontario International Airport

Listed by Larry Aguilar | BRE #01883446 | First Team Real Estate
Last checked: 9 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 35

Home details

Lot Sq. Ft
6,627
HOA Dues
$0/mo
Year built
1963
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW19287036
City
Ontario
County
San Bernardino
Time on Site
1398 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: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $68,400
  • Net Operating Income: $62,260
  • Gross Operating Income: $70,000
  • # of Rented Garages: 4
  • Laundry Income: $1,000
  • Laundry Own/Lease: Lease
Annual Expense Breakdown
  • Total Operating Expense: $7,740
  • Electric: $500
  • Gas/Fuel: $0
  • Licenses: $140
  • New Taxes: $1,000
  • Trash: $1,200
  • Gardener: $900
  • Insurance: $1,400
  • Maintenance: $1,200
  • Water/Sewer: $2,400

Property Details for 923 N Vineyard Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s), Electric
Heating Information
  • Has Heating
  • Central, Forced Air, Electric, Natural Gas
Laundry Information
  • Has Laundry
  • Common Area, Gas & Electric Dryer Hookup, Individual Room
Room Information
  • Flooring: Carpet, Tile
  • Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Water Heater Central, Water Heater
Interior Features
  • Levels: Two
  • Window Features: Blinds, Double Pane Windows, Screens
  • Security Features: Carbon Monoxide Detector(s), Security Lights, Smoke Detector(s)
  • Door Features: Panel Doors
Exterior Features
Exterior Information
  • Roof: Composition
  • Rain Gutters, Satellite Dish
  • Has Fence
  • Average Condition, Wood, Wrought Iron
  • No Spa
  • Spa Features: None
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: Assigned, Concrete, Driveway Level, Garage, Garage Faces Rear, Garage - Single Door, Private
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Estimated
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 0110363050000
  • Year Built Source: Assessor
  • Architectural Style: Traditional
  • Entry Level: 1
  • Foundation Details: Slab
  • Property is not Attached
  • Accessibility Features: None
  • Offered With Property: Each unit has a stove, refrigerator, dishwasher and microwave
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify, Unknown
Location / Neighborhood
Location Information
  • Directions: 10 Fwy East to Vineyard Ave North to Jay St.
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Paved
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban
View more facts & features

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Sale History for 923 N Vineyard Ave

Last sold for $940,000 on April 1st, 2020
  • April, 2020

  • Apr 2, 2020

    Date

    Sold

    CRMLS: PW19287036

    $940,000

    Price

  • Mar 9, 2020

    Date

    Pending

    CRMLS: PW19287036

    $1,100,000

    Price

  • Feb 11, 2020

    Date

    Active Under Contract

    CRMLS: PW19287036

    $1,100,000

    Price

  • Jan 6, 2020

    Date

    Active

    CRMLS: PW19287036

    $1,100,000

    Price

  • March, 2020

  • Mar 31, 2020

    Date

    Sold (Public Records)

    Public Records

    $940,000

    Price

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Tax History for 923 N Vineyard Ave

Assessed Value (2020): $288,788
Year Land Value Improved Value Assessed Value
2020 $78,762 $210,026 $288,788

Home Value Compared to the Market

This property vs the competition

923 N Vineyard Ave sold on April 1, 2020 for 57.4% 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 $275 per/sqft which puts the price per square foot 34.21% lower than the current median sale per square foot for the city of Ontario.

About 923 N Vineyard Ave

Detailed summary of property

923 N Vineyard Ave is a multi family that recently sold in Ontario, CA 91764. This multi family property offered 9 bedrooms, 5 bathrooms, roughly 4,000 living square feet, and sits on an approximately 6,627 square foot lot. 923 N Vineyard Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $940,000. 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 57.4% higher than the current median priced home. Local homes that are currently for sale include 275 W Phillips Blvd, 7436 Oleander Ave and 8546 Bennett Ave. While the average home in Ontario, CA is selling in 49 days, 923 N Vineyard Ave has a days on market of 35 days. There are currently 300 homes for sale in the Ontario real estate market and 168 of them are single family homes while 112 of them are condos and 20 are townhomes. For more information on this home for sale at 923 N Vineyard Ave Ontario, CA 91764 contact Ardent Real Estate Group and we will put you in touch with one of our Ontario agents.

Public Facts for 923 N Vineyard Ave

Public county record property details
Beds
--
Baths
--
Year built
1963
Sq. Ft.
3,832
Lot Size
6,627
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
San Bernardino
Lot#
13
APN
0110-363-05-0000

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
$595,000
Median List Price/Sq.Ft.
$419
Median Sold Price
$600,000
Median Sold Price/Sq.Ft.
$439
Total Inventory
64
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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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.