Skip main navigation
Sold for $17,400,000
  • Listed by: CB RICHARD ELLIS • Eric Chen • Contact: 626-757-5717
    Bought with: HEBRON EQUITIES INC.
    $17,400,000

    221 N Mountain Ave, Ontario, CA 91762

    60beds
    81baths
    38,925sqft
    Multi Family
    Built in 2024
    -- sqft lot
    $16,107,200 Zestimate®
    $447/sqft
    $3,446 Estimated rent

    Home value

    $16,107,200

    $14.34M - $18.04M

    $3,446/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $3,446/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $3,446/mo

    Rent Zestimate®

    Refinance and save

    $110,248/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $110,248/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Private balconiesModern waterproof plank flooringQuartz countertopsStainless steel appliance packageRecessed lightingIn-unit washer and dryerHardwood cabinetry
    We are proud to present for sale, The Willow Luxury Townhomes (The Willow), a brand-new construction trophy asset located at 221 North Mountain Avenue in the desirable west region of the Inland Empire. The Willow is situated on the west side of North Mountain Avenue between West D Street and West Stoneridge Court in the city of Ontario, California. Ontario is a high-demand rental market, one of the fastest growing cities within the Inland Empire, and the economic heart of the region. Tenants at The Willow will benefit from unparalleled convenience and accessibility to major retailers like Walmart, Costco, Target, Stater Brothers, Cardenas and a variety of restaurants, malls, parks, banks, and fitness centers nearby. Additionally, within close-proximity are essential services like Ontario International Airport, Kaiser Permanente Medical Center and Pomona Valley Hospital Medical Center. Also, within a 10-mile radius, are popular attractions like Ontario Mills, Montclair Plaza, Victoria Gardens, Top Golf, Toyota Arena, and Claremont Village. Lastly, the property is centrally located with convenient access to the 10, 60, 57, 71, 210 and 15 freeways connecting to all the Inland Empire, Los Angeles County, Orange County, and beyond. The Willow Luxury Townhomes consists of 39 tri-level townhouse style residential units. The property is a green building and finished construction in June 2024. It features eighteen, one-bedroom/one-bathroom + loft townhomes and 21, two-bedroom/two-and-one-half-bathroom townhomes with an average unit size of 998 square feet. Unit amenities feature private attached garages with Bluetooth access, EV Charging accessible, modern waterproof plank flooring, in-unit washer & dryer, stainless steel appliance package, hardwood cabinetry, quartz countertops, recessed lighting, central air-conditioning & heating, and private balconies. The well-maintained property also features controlled gated access at alleyway, professional management, a shared picnic area with BBQ grilling stations, built-in yard games, paid-for solar panels, and is a cozy community atmosphere. The property is a great long-term investment opportunity boasting non-rent-controlled units, minimal maintenance, and tenant paid utilities (each unit is individually metered for electric and gas and has a sub-meter for water and sewer. Tenants also pay for their own trash bins).

    Zillow last checked:

    Listing updated:

    Listed by:

    Eric Chen DRE #01489184 626-757-5717,

    CB RICHARD ELLIS

    Bought with:

    YONG GAO, DRE #01409769

    HEBRON EQUITIES INC.

    Source: CRMLS,MLS#: CV24230827MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 60
    • Bathrooms: 81
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Washer
    • Laundry: Inside
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 38,925
    • Total interior livable area: 38,925 sqft

    Property

    Parking
    • Total spaces: 73
    • Parking features: Garage
    • Garage spaces: 60
    • Uncovered spaces: 13
    Features
    • Levels: Three Or More
    • Stories: 3
    • Entry location: 1
    • Pool features: None
    • Spa features: None
    Lot
    • Size: 1.27 Acres
    • Features: 36-40 Units/Acre
    Details
    • Parcel number: 1010521420000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: Yes
    • Year built: 2024

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs, Sidewalks
    Location
    • Region: Ontario

    Financial & listing details

    • Price per square foot: $447/sqft
    • Tax assessed value: $9,026,653
    • Annual tax amount: $98,940
    • Date on market: 11/8/2024
    • Cumulative days on market: 38 days
    • Listing terms: Cash,Cash to New Loan
    • Total actual rent: 1281240

    Price history

    DateEventPrice
    2/10/2025Sold$17,400,000-3.3%$447/sqft
    Source: CRMLS #CV24230827 Report a problem
    12/18/2024Contingent$17,995,000$462/sqft
    Source: CRMLS #CV24230827 Report a problem
    11/9/2024Listed for sale$17,995,000+2060.3%$462/sqft
    Source: CRMLS #CV24230827 Report a problem
    8/11/2022Sold$833,000+63.3%$21/sqft
    Source: Public Record Report a problem
    9/12/2013Sold$510,000-78.8%$13/sqft
    Source: Public Record Report a problem
    7/12/2006Sold$2,400,000$62/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$98,940 +965.1%$9,026,653 +962.4%
    2024$9,289 +3.1%$849,660 +2%
    2023$9,011 $833,000
    2022-- --
    2021-- --
    2020-- --
    2019-- --
    2018-- --
    2017-- --
    2016-- --
    2015-- --
    2014-- --
    Find assessor info on the county website

    Neighborhood: 91762

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $16,107,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $16,107,200