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Off market
  • $1,247,500

    409 N Cherry St, Ontario, CA 91764

    5beds
    0baths
    4,438sqft
    MultiFamily
    Built in 1895
    -- sqft lot
    $1,247,500 Zestimate®
    $281/sqft
    $2,407 Estimated rent

    Home value

    $1,247,500

    $1.15M - $1.36M

    $2,407/mo

    Zestimate® history
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    $2,407/mo

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    Rent Zestimate®

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    $7,838/mo

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    $7,838/mo

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    What's special

    The Crown Jewel of Ontario. Rare generational trophy investment opportunity. Over $200,000 has been invested in the complete upgrade of all 3 architecturally significant houses. Beautiful spacious 3 SFR style & VERY profitable units in rare prime Dwtn Ontario CA location, in the heart of the best part of the city. Huge exclusive double corner lot over 8,500 sq. ft. of prime CA land. Both of the 2 front units are 2 bed 1 bath, rear unit is 1 bed 1 bath. All units come w/ all new roofing, all new upgraded plumbing & electrical, all new high end stainless steel appliances, hardwood floors, high end granite kitchen counter tops, new water heaters, large private & gated yards & all units are separately metered for gas / electricity. No expense spared in the upgrade & maintenance of these very well maintained elegant gorgeous units, as a result there is very low expected future maintenance. 100% fully occupied turn key asset in high growth area. JUST REDUCED 300K FOR 1031 EXCHANGE.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 0
    Heating
    • Wall, Gas
    Cooling
    • Wall
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Storage Space, Turnkey, Recessed Lighting, Basement, Open Floor Plan
    • Flooring: Hardwood
    • Common walls with other units/homes: Detached/No Common Walls
    Interior area
    • Total interior livable area: 4,438 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Stucco, Wood
    Lot
    • Size: 8,712 Square Feet
    Details
    • Parcel number: 1048373070000

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • wood frame
    • Roof: Composition
    Condition
    • Year built: 1895

    Community & HOA

    Location
    • Region: Ontario

    Financial & listing details

    • Price per square foot: $281/sqft
    • Tax assessed value: $1,001,291
    • Annual tax amount: $11,016

    Price history

    DateEventPrice
    2/17/2021Listing removed--
    Source: Douglas Elliman Report a problem
    6/23/2020Price change$995,000-8.6%$224/sqft
    Source: Douglas Elliman #19512914 Report a problem
    10/9/2019Price change$1,088,260+7.9%$245/sqft
    Source: Douglas Elliman #19512914 Report a problem
    10/8/2019Price change$1,008,826-20%$227/sqft
    Source: Douglas Elliman #19512914 Report a problem
    9/20/2019Listed for sale$1,260,888+43.3%$284/sqft
    Source: Douglas Elliman #19-512914 Report a problem
    7/11/2017Sold$880,000$198/sqft
    Source: Public Record Report a problem
    5/26/2017Pending sale$880,000$198/sqft
    Source: Wheeler Steffen Sotheby's International Realty #CV17113312 Report a problem
    5/24/2017Listed for sale$880,000+107.1%$198/sqft
    Source: Wheeler Steffen Sotheby's International Realty #CV17113312 Report a problem
    8/5/2005Sold$425,000+8400%$96/sqft
    Source: Public Record Report a problem
    6/6/2002Sold$5,000$1/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,016 +2.3%$1,001,291 +2%
    2024$10,766 +2.9%$981,658 +2%
    2023$10,463 +1.3%$962,410 +2%
    2022$10,324 +0.6%$943,539 +2%
    2021$10,260 +1.8%$925,038 +1%
    2020$10,080 +0.9%$915,552 +2%
    2019$9,994 -18.2%$897,600 +2%
    2018$12,223 +168.9%$880,000 +114.4%
    2017$4,545 $410,400 +14%
    2016$4,545 +16.2%$360,000 +9.1%
    2015$3,911 +8.7%$330,000
    2014$3,599 $330,000
    2013-- $330,000
    2012-- $330,000
    2011-- $330,000
    2010-- $330,000 -12%
    2009-- $375,000 -15.2%
    2008-- $442,170 +2%
    2007-- $433,500 +2%
    2006-- $425,000 +147.6%
    2005-- $171,666 +2%
    2004-- $168,300 +1.9%
    2003-- $165,216 +26.7%
    2002-- $130,433 +2%
    2001-- $127,876 +2%
    2000-- $125,368
    Find assessor info on the county website

    Neighborhood: 91764

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,247,500
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    Estimated market value
    $1,247,500