1240 West Stoneridge Court

Ontario, CA 91762

$2,495,000
Price
3
Beds
10
Baths
4,806 Sq. Ft.
$519 / Sq. Ft.
4,806
Sq. Ft.
$519
per Sq. Ft.

Description

Welcome to this 8 units that can be purchased with the property next door at 1248 Stoneridge 10 units also listed on MLS....2 2 bedroom 2 baths with proforma rent at $2000.00 per month. 6 1 bedrooms 1 bath at proforma rent of $1600.00 per month.... Seller May Carry 1st Trust Deed with 30 % down amortized for 30 years..... Seller may consider 4.5% to 5.0% Fixed on Trust Deed...... Buyer to submit..... Outstanding Opportunity.... Tree lined and clean street..... Close to transportation and shopping....Welcome to this 8 units that can be purchased with the property next door at 1248 Stoneridge 10 units also listed on MLS....2 2 bedroom 2 baths with proforma rent at $2000.00 per month. 6 1 bedrooms 1 bath at proforma rent of $1600.00 per month.... Seller May Carry 1st Trust Deed with 30 % down amortized for 30 years..... Seller may consider 4.5% to 5.0% Fixed on Trust Deed...... Buyer to submit..... Outstanding Opportunity.... Tree lined and clean street..... Close to transportation and shopping. Laundry room with additional income....
  1. Listed by Michael McCasland • DRE #00445574 • Brokerage DRE #00445574 • MICHAEL MC CASLAND, REALTOR • 626 390-1238

Property Details for 1240 West Stoneridge Court

Parking Spaces Total
0
Private Pool
Yes
Cooling Type
Wall/Window
Total Units
8.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
4806
Assessor Parcel Number
1010-542-05-0000

Location

Listing Courtesy of MICHAEL MC CASLAND, REALTOR, Michael McCasland, DRE #00445574
Add your commute
LISTING UPDATED: 04/11/2024 10:56 AM

Property Details for 1240 West Stoneridge Court

StatusActive
MLS #CV24067276
Days on Market18
Taxes-
HOA Fees$245
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1979
CountySan Bernardino County

Location

Listing Courtesy of MICHAEL MC CASLAND, REALTOR, Michael McCasland, DRE #00445574
Add your commute

Building Information for 1240 West Stoneridge Court

Building/Complex1240 W Stoneridge CtFloor-Stories1Residences-Pet Policy-Year Built1979Building Size-

Payment Calculator

$14,766 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,616

Property Taxes

$905

HOA Dues

$245

The Payment Calculator is for illustrative purposes only.

Property Information for 1240 West Stoneridge Court

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $131,400
  • Gross Scheduled Income: $131,400
  • Net Operating Income: $98,071
Expense Details
  • Operating Expense: $33,890
  • Fuel Expense: $427
  • Electric Expense: $530
  • Insurance Expense: $6,924
  • Professional Management Expense: $6,788
  • Trash Expense: $4,435
  • Water Sewer Expense: $3,638
  • Total Expenses: $33,890
Tax / Assessment Info
  • Tax Tract Number: colony
  • Tax Census Tract: 10.02
  • CFD/Mello-Roos Fee: $884
  • Tax Lot: 1001
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Gas Range
  • Equipment: Dryer, Dryer Included, Room, Washer, Washer Included
  • Room Type: All Bedrooms Down
  • Bedroom Features: All Bedrooms Down
  • Laundry: Yes
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Wall
  • Heating: Wall Furnace
Exterior Features
  • Construction Materials: Frame, Stucco
  • Exterior Construction: Frame, Stucco
  • Exterior: Stucco
  • Roof: Composition
  • Entry Location: front
  • Fence: Yes
  • Fencing: Block
  • Foundation Details: Slab
  • Pool Features: Private, Fenced, In Ground
  • Pool Description: Fenced, In Ground, Private
  • Pool: Below Ground, Private
Land/Lot Info
  • Lot Features: Lot 10000-19999 Sqft
  • Number Of Units: 8
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Frontage Type: City Street
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Detached Carport, Asphalt, Paved, Off Street, On Site
Unit Information
Unit 1
  • Unit Type Units Total: 6
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $7,400
  • Unit Type Total Rent: $88,800
  • Unit Type Pro Forma: 96000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Actual Rent: $3,550
  • Unit Type Total Rent: $42,600
  • Unit Type Pro Forma: 48000
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 8
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 11
  • Number Of Separate Gas Meters: 11
  • Number Of Separate Water Meters: 1
  • Number With Range: 10
  • Number Wall AC: 10

Property History for 1240 West Stoneridge Court

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1240 West Stoneridge Court

Taxable ValueLand$299,284Additions$698,328Total$997,612
Tax Record2023$10,858 ($905 / month)
Home Facts
Total Finished SqFt4,806 SqFtAbove Grade Finished SqFt4,806 SqFtLot Size16,920 SqFtStyleMulti-Family Res (5+ Units)Year Built1979CountySAN BERNARDINOAPN1010-542-05-0000

Schools near 1240 West Stoneridge Court

This home is within Chaffey Joint Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 6
Rating
School
Distance
Kingsley Elementary School
PublicK to 6

Vernon Middle School
Public7 to 8

Montclair High School
Public9 to 12

Buena Vista Arts-Integrated School
PublicK to 6

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.

Similar Homes

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1240 West Stoneridge Court is a multi-family home for sale in Ontario, CA 91762. This property was listed for sale on April 11, 2024 by MICHAEL MC CASLAND, REALTOR, it's currently listed at $2,495,000. It has been on the market for a total of 18 days and was last sold on March 2, 2004. This listing's school districts are Chaffey Joint Union High School District, Ontario-Montclair School District. Nearby schools include Kingsley Elementary School, Vernon Middle School and Montclair High School. 1240 West Stoneridge Court is a 3-bed, 10-bath, 4,806 sqft multi-family home built in 1979.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of MICHAEL MC CASLAND, REALTOR, Michael McCasland, DRE #00445574

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.