1101 East 5th Street
1101 East 5th Street
$1,400,000
2
5
4,221
4,221
$332
Closed 3/1/23
Description
We are pleased to present the opportunity to acquire 1101 East 5th Street, a five-unit multifamily community located in Ontario, California. Built in 1985 and situated on 0.35 acres, the property is comprised of a single two-story building housing all two-bedroom / one-bathroom units measuring 850 square feet. The interiors have all been completely remodeled with new finishes as well as capital improvements including new tankless water heaters, central air conditioning and heating, plumbing, and...We are pleased to present the opportunity to acquire 1101 East 5th Street, a five-unit multifamily community located in Ontario, California. Built in 1985 and situated on 0.35 acres, the property is comprised of a single two-story building housing all two-bedroom / one-bathroom units measuring 850 square feet. The interiors have all been completely remodeled with new finishes as well as capital improvements including new tankless water heaters, central air conditioning and heating, plumbing, and electrical with additional planned upgrades. 1105 East 5th Street is conveniently located off the 10 Freeway, which connects residents to the employment, entertainment, shopping, and dining located in Ontario and throughout the Inland Empire region. The property is within five miles of major demand drivers and employment hubs including the Ontario Airport and its surrounding business parks and industrial centers, the Ontario Convention Center, and Ontario Mills. 5.52% CAP RATE WITH RENT INCREASE ON JAN 1 2023
- Listed by Brett Bayless • DRE #01718244 • Brokerage DRE #01718244 • Brett Bayless, Broker
Property Details for 1101 East 5th Street
Parking Spaces Total
5
Private PoolNo
Total Units5.0
Building TypeDetached
Lot Size SourceAssessor
Living Area4221
Assessor Parcel Number1047-444-10-0000
Property Attached YNfalse
Location
LISTING UPDATED: 03/01/2023 02:05 AM
Property Details for 1101 East 5th Street
Status | Closed |
---|---|
MLS # | OC22168878 |
Days on Market | 149 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1985 |
Lot Size | 0.35 AC / 15,180 SF |
County | San Bernardino County |
Location
Building Information for 1101 East 5th Street
Stories2Residences-Year Built1985Building Size-Lot Size0.35 AC / 15,180 SF
Payment Calculator
$8,714 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1101 East 5th Street
Property History for 1101 East 5th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1101 East 5th Street
Taxable ValueLand$413,257Additions$766,742Total$1,179,999
Tax Record2022$12,892 ($1,074 / month)
Home Facts
Total Finished SqFt4,221 SqFtAbove Grade Finished SqFt4,221 SqFtStories2Lot Size15,180 SqFtStyleMulti-Family Res (5+ Units)Year Built1985CountySAN BERNARDINOAPN1047-444-10-0000
Schools near 1101 East 5th Street
This home is within Chaffey Joint Union High School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Vineyard Elementary School PublicK to 8 | ||
Chaffey High School Public9 to 12 | ||
Valley View High (Continuation) School Public9 to 12 | ||
Chaffey Community Day School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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