228 W H St
Ontario, CA 91762

Bd   Ba   6,257 Sqft   63 Days
The subject property was built in 1885 with a unique Victorian style. This is the first time this building has been on the market in 17 years. This property features one studio, one, non-conforming one-bed one-bath unit, four, one-bed one bath units, one, two bed one bath unit, and one, three bed two bath unit. This property is situated on a large piece of land which measures about 29,194 sf. On-site laundry is offered at the apartment for additional income. The property features plenty of carport, garage and open parking spaces , as well as extra storage spaces. Current rents for the property are below market. This property is approximately eight minutes from Interstate-10. About three minutes away from Ontario Town Square and the city hall. The Ontario Airport is only a mile and a half away. With Ontario International Airport undergoing an expansion project, the surrounding area is projected to experience job growth and increased traffic in the near future. In addition, Ontario International Airport is expecting direct flights from China this summer. The city of Ontario has a population of 165,000 based on 2013 statistics, and a median household income of $54,156. This property is great for investors looking for a value-add investment with potential for upside in rent growth. In addition, the future growth for the city of Ontario is unlimited due to its large industrial growth and the potential to become a gateway between Asia and America.
  • $0 HOA
  • $200/Sqft
  • MLS#CV17164958 provided by EDWARD PAN of MARCUS & MILLICHAP
  • Movoto last checked CRMLS for new data 7 hours ago
  • CRMLS last updated this listing 2 months ago

Home Features for 228 W H Street, Ontario

Year Built: 1885
Lot Size Acres: 0.67
Lot Size Square Feet: 29194
Lot Size Units: Square Feet
Lot Size Area: 29194
Price Per Square Foot: 199.78
Tax Lot: 1
Tax Tract Number: 14972
New Taxes Expense: 14072
Parcel Number: 1048262380000
Tax Census Tract: 11.03
Tax Annual Amount: 14072
Special Listing Conditions: Standard
Standard Status: Active
Interior
Flooring: Carpet
Exterior
Common Walls: 1 Common Wall
Building Area Units: Square Feet
Average 2nd Bedroom Area Units: Square Feet
Average Studio Area Units: Square Feet
Number Of Buildings: 3
Average 3rd Bedroom Area Units: Square Feet
Average 1st Bedroom Area Units: Square Feet
Building Area Total: 6257
Carport Spaces: 8
Parking Total: 8
Number Of Units Total: 8
Property Attached Y/N: 1
Amenities / Utilities
Trash Expense: 5000
Water Sewer Expense: 1000
Electric Expense: 2040
Laundry Features: Area
Community Features: Suburban
Pool Features: None
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Property History for 228 W H Street, Ontario

Status
Date
Price
Listed
Jul 19, 2017
$1,250,000
#CV17164958

Real Estate Market Statistics for 228 W H Street, Ontario

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228 W H Street

No data!
San Bernardino County
Ontario
91762
List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$1.25M

228 W H Street

$387K

91762

-1% y/y

91762

$397K

Ontario

0% y/y

Ontario

-

San Bernardino County

- y/y

San Bernardino County

See all trends for Ontario
As of today, there are 72 properties listed for sale in ZIP code 91762 and 189 properties listed for sale in the city of Ontario, CA. This property at 228 W H St in 91762 is currently listed for $1,250,000. This is 214% above the $397,777 median price for Ontario and 223% above the 91762 median of $387,000. Of the 189 properties for sale in Ontario, 144 are single family homes and 45 are condos. 228 W H St is a multi family home that is approximately 6,257 Sqft, 348% above the Ontario median of 1,398 and 377% above the 91762 ZIP code median of 1,312. The price per Sqft is $200, which is 28% below the median price in 91762 of $278 and 26% below the Ontario median of $272 per Sqft.
Built in 1885, this multi family house at 228 W H St is approximately 6,257 square feet and comes with 8 parking spots. It is listed on 07/19/2017 with a cost per Sqft of $200. 228 W H St is located in the Chaffey Joint Union High. The closest school is Vina Danks Middle School.

228 W H St has been on the market for 63 days. The median days on the market for properties in this area is 39 with a median list price of $397,777 and median cost per square foot of $272. It's currently listed as active under the MLS #CV17164958.

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