1248 W Stoneridge Court Ontario, CA ^$ 3,200,000

1248 W Stoneridge Court

^$ 3,200,000

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1248 W Stoneridge Court

Ontario, CA, 91762

^$ 3,200,000

Bedrooms83 Baths10.0 Sq 5,586

Monthly Estimate*

^$ 22,353

Listed by MICHAEL MC CASLAND, REALTOR

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Multi-Family Home for sale in Ontario, CA

for $3,200,000 with 83 bedrooms and 10 full baths. This 5,586 square foot home was built in 1958 on a lot size of 0.3512.

Welcome to this 10 unit offering that can be purchased in conjuction with next door 8 units at 1240 Stoneridge....a Total of 18 units......Seller May carry 1st Trust deed with 30 % down payment and amortized for 30 years....Seller is considering at 4.5% to 5%...You submit...... 9 units are 1 bedroom with Proforma rent of 1600 per month and 1 unit is 2 bedroom with proforma rent of 2000 per month.More Pixtures and info once released as Active from Coming Soon. Tree lined and clean street. Property also has Pool and BBQ area.Close to transportation and shopping and all conveniences. Roof is less than 5 years old.....Laundry Room produces additional income...See important Showing and Agent remarks

Multi-Family Active

Price

^$ 3,200,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Apartment

Lot Size

0.3512

Year Built

1958

Town/City

Ontario

County/Region

San Bernardino

MLS | Web ID

CV24067256

Days on Market

Features

General

Sewer PublicSewer

Heating WallFurnace

Cooling WallWindowUnits

Utilities ElectricityConnected NaturalGasAvailable WaterAvailable

Possession CloseOfEscrow

Roof Composition

Appliances GasRange Dryer Washer

HOA 245.0

Garage Spaces 2.0

Pool Features Fenced InGround Private

Security Features CarbonMonoxideDetectors SmokeDetectors

Construction Materials Frame Stucco

Year Built 1958

Tenant Pays Electricity Gas

Stories 2

Levels Two

Property SubType Apartment

Gross Income 174660.0

Community Features Curbs StreetLights Sidewalks

County San Bernardino

Net Operating Income 84699.0

Operating Expense 89961.0

Insurance Expense 7778.0

New Construction N

Property Type ResidentialIncome

Association Amenities MaintenanceGrounds Management MaintenanceFrontYard

HOA / Comm Assn Y

Attached Garage N

Garage Y/N Y

Other Structures SecondGarage

Special Listing Conditions Standard

Status Active

Directions N/Holt W/ Mountain Ave

City Ontario

Entry Location front

View Y/N N

Senior Community Y/N N

Open Parking Spaces 14.0

Total Units 10

MLS Area 686 - Ontario

Lot Size Square Feet 15300.0

Private Pool Y

Waterfront Y/N N

Carport Y/N N

Street Name Stoneridge

Listing Terms CashtoNewLoan OwnerMayCarry

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 1330.0

Home Warranty Y/N N

Current Financing None

Fuel Expense 3161.0

Trash Expense 3104.0

Water Sewer Expense 2992.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 0

Building Area Units SquareFeet

Standard Status Active

Year Built Source Assessor

Tax Lot 1001

Total Actual Rent 174660.0

Property Sub Type Additional Apartment

Expected Active Date 2024-04-11

Interior

Flooring Carpet Laminate

Fireplace Features None

Total Stories 2

Common Walls Item1CommonWall

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Street Suffix Court

Laundry Features LaundryRoom

Entry Level 1

Electric On Property Y/N N

Exterior

Parking Features Asphalt Concrete Paved

Lot Features Greenbelt

Water Source Public

Total Parking 16.0

Lot Size Area 15300.0

Number of Buildings 1

Spa N

Building Area Total 5586.0

Lot Size Acres 0.3512

Road Surface Type Paved

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 11

Number of Separate Electric Meters 11

Road Frontage Type CityStreet

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 1248

* Excluded Features

List By

Michael Mc Casland, Realtor

Broker

(909) 981-3152

Phone

Affordability Calculator

$22,353

Per Month

Monthly Principal & Interest: $22,353
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Ontario, CA

Average List Price ^$2,019,543

Percent of Sale Price 37%

About Ontario, CA

176,325 Population

12% Since 2002

^$56,171 Median Income

33.09 Median Age

41% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/11/2024	$3,200,000		Listed Price

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1248 W Stoneridge Court, Ontario, CA, 91762 is a Multi-Family Home for sale at $3,200,000 with 5,586 sqft and a lot size of 0.3512. 1248 W Stoneridge Court has 83 bedrooms, 10.0 baths, and was built in 1958. The property's zip code is 91762 which is in Ontario, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/22/2024. 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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1248 W Stoneridge Court

Multi-Family Home for sale in Ontario, CA

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