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Sold for $1,040,000
  • Listed by: MARCUS & MILLICHAP • Kevin Struve • Contact: 909-456-3400
    Bought with: MARCUS & MILLICHAP
    $1,040,000

    308 N Begonia Ave, Ontario, CA 91762

    8beds
    8baths
    4,464sqft
    Quadruplex
    Built in 1964
    -- sqft lot
    $1,322,100 Zestimate®
    $233/sqft
    $2,398 Estimated rent

    Home value

    $1,322,100

    $1.16M - $1.52M

    $2,398/mo

    Zestimate® history
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    What's special

    Private patio or balconySpacious and comfortable livingDetached single-car enclosed garages
    We are pleased to exclusively present a fantastic investment opportunity located at 308 N Begonia Ave in Ontario, California. Built in 1964, this 4-unit property sits on an 8,280-square-foot lot and offers ±4,464 square feet of building space. The property consists of all townhome-style units, each with a 2-bedroom, 1.5-bathroom floor plan, ideal for tenants seeking spacious and comfortable living. Each unit features a private patio or balcony, providing additional outdoor living space. Tenants also enjoy the convenience of detached single-car enclosed garages with one garage space allocated per unit. Additionally, a laundry room is available, offering a valuable opportunity for the new owner to install laundry equipment, further enhancing tenant appeal and income potential. The property is individually metered for gas and electricity, with the owner responsible for water, sewer, and trash. This investment offers a solid foundation for stable income, with significant potential for value-add through rental increases and operational enhancements. Current Rents are estimated to be 27% below market.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kevin Struve DRE #01266441 kevin.struve@marcusmillichap.com,

    MARCUS & MILLICHAP

    Bought with:

    Kevin Struve, DRE #01266441

    MARCUS & MILLICHAP

    Source: CRMLS,MLS#: CV25090782MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 8
    Appliances
    • Laundry: None
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 4,464
    • Total interior livable area: 4,464 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage
    • Garage spaces: 4
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Front
    • Pool features: None
    Lot
    • Size: 8,280 Square Feet
    • Features: 16-20 Units/Acre
    Details
    • Parcel number: 1010521220000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1964

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Sidewalks
    Location
    • Region: Ontario

    Financial & listing details

    • Price per square foot: $233/sqft
    • Tax assessed value: $467,023
    • Annual tax amount: $5,152
    • Date on market: 4/24/2025
    • Cumulative days on market: 5 days
    • Listing terms: Cash,Cash to New Loan
    • Tenant pays: Electricity, Gas

    Price history

    DateEventPrice
    6/16/2025Sold$1,040,000-5.5%$233/sqft
    Source: CRMLS #CV25090782 Report a problem
    6/6/2025Pending sale$1,100,000$246/sqft
    Source: CRMLS #CV25090782 Report a problem
    4/29/2025Contingent$1,100,000$246/sqft
    Source: CRMLS #CV25090782 Report a problem
    4/24/2025Listed for sale$1,100,000+204%$246/sqft
    Source: CRMLS #CV25090782 Report a problem
    3/19/2010Sold$361,800-45%$81/sqft
    Source: Public Record Report a problem
    4/20/2005Sold$658,000+10%$147/sqft
    Source: Public Record Report a problem
    2/24/2005Sold$598,000$134/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,152 +2.3%$467,023 +2%
    2024$5,035 +2.9%$457,866 +2%
    2023$4,893 +1.3%$448,888 +2%
    2022$4,828 +0.6%$440,086 +2%
    2021$4,798 +1.8%$431,457 +1%
    2020$4,714 +0.9%$427,033 +2%
    2019$4,674 +1.4%$418,660 +2%
    2018$4,609 +3.7%$410,451 +2%
    2017$4,444 $402,403 +2%
    2016$4,444 +4.1%$394,512 +1.5%
    2015$4,269 +0.7%$388,586 +2%
    2014$4,240 $380,974 +0.5%
    2013-- $379,252 +2%
    2012-- $371,815 +2%
    2011-- $364,525 -27.1%
    2010-- $500,000 -29.8%
    2009-- $712,239 +2%
    2008-- $698,274 +2%
    2007-- $684,583 +2%
    2006-- $671,160 +28.5%
    2005-- $522,500 +332%
    2004-- $120,938 -57.7%
    2003-- $285,600 +129.2%
    2002-- $124,586 +2%
    2001-- $122,143 +2%
    2000-- $119,748
    Find assessor info on the county website

    Neighborhood: 91762

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,322,100
    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
    $1,322,100