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Sold for $970,000
  • Listed by: Brickside Real Estate • Paul Franco • Contact: 559-281-7137
    Bought with: NONMEMBER MRML
    Tax assessed value
    $970,000

    416 N Cherry Ave, Ontario, CA 91764

    6beds
    3baths
    2,775sqft
    Triplex
    Built in 1906
    -- sqft lot
    $1,026,500 Zestimate®
    $350/sqft
    $1,971 Estimated rent

    Home value

    $1,026,500

    $893,000 - $1.20M

    $1,971/mo

    Zestimate® history
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    What's special

    This multi-unit residential property located at 416 N. Cherry, 412 N. Cherry, and 405 E. D Street is an excellent investment opportunity for those seeking either straight rental income, or the option to reside in one unit and rent the others for additional income. The three separate units sit on a 10,620 square foot corner lot, close to all amenities, schools, parks, shopping and public transportation. The unit at 416 N. Cherry is 705 sq. ft. with 2 bedrooms and 1 full bath. This unit includes a garage, carport and driveway for additional parking. The unit at 412 N. Cherry is 1,224 sq. ft. with 2 bedrooms and 1 full bath, and includes a gazebo and storage basement. It also has a garage, carport and driveway for additional parking. The unit at 405 E. D Street is 1,000 sq. ft., and consists of 2 bedrooms and 1 full bath. This corner unit includes a garage and driveway and parking for a small RV or boat. All units have separate private fenced yards that enhance the appeal for families or tenants seeking outdoor living spaces. This property holds significant potential for both immediate rental income and long-term value appreciation. The close proximity of the individual units help simplify overall management and enhance operational efficiency.

    Zillow last checked:

    Listing updated:

    Listed by:

    Paul Franco DRE #01850956 9499194626,

    Brickside Real Estate

    Bought with:

    General NONMEMBER, DRE #01815078

    NONMEMBER MRML

    Source: CRMLS,MLS#: FR24142085MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Laundry: In Garage
    Features
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 2,775
    • Total interior livable area: 2,775 sqft

    Property

    Parking
    • Total spaces: 7
    • Parking features: Boat, Carport, Door-Single, Driveway, Garage, Workshop in Garage
    • Garage spaces: 3
    • Carport spaces: 2
    • Covered spaces: 5
    • Uncovered spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Street
    • Pool features: None
    Lot
    • Size: 10,620 Square Feet
    • Features: 2-5 Units/Acre, Back Yard, Front Yard
    Details
    • Parcel number: 1048374160000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1906

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected

    Community & HOA

    Community
    • Features: Street Lights, Sidewalks
    Location
    • Region: Ontario

    Financial & listing details

    • Price per square foot: $350/sqft
    • Tax assessed value: $970,000
    • Annual tax amount: $10,650
    • Date on market: 7/13/2024
    • Cumulative days on market: 5 days
    • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
    • Total actual rent: 49200

    Price history

    DateEventPrice
    8/16/2024Sold$970,000-2.5%$350/sqft
    Source: CRMLS #FR24142085 Report a problem
    7/18/2024Pending sale$995,000$359/sqft
    Source: CRMLS #FR24142085 Report a problem
    7/14/2024Listed for sale$995,000+226.2%$359/sqft
    Source: CRMLS #FR24142085 Report a problem
    2/24/2021Listing removed--
    Source: Owner Report a problem
    11/30/2020Price change$1,800-5.3%$1/sqft
    Source: Owner Report a problem
    11/7/2020Price change$1,900-5%$1/sqft
    Source: Owner Report a problem
    10/27/2020Listed for rent$2,000$1/sqft
    Source: Owner Report a problem
    4/18/2011Sold$305,000$110/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,650 +157.6%$970,000 +153.2%
    2024$4,135 +2.9%$383,098 +2%
    2023$4,017 +1.4%$375,586 +2%
    2022$3,962 +0.7%$368,222 +2%
    2021$3,936 +1.8%$361,002 +1%
    2020$3,867 +0.9%$357,301 +2%
    2019$3,832 +1.4%$350,295 +2%
    2018$3,778 +3.8%$343,426 +2%
    2017$3,641 $336,692 +2%
    2016$3,641 +4.1%$330,090 +1.5%
    2015$3,496 +0.7%$325,132 +2%
    2014$3,471 $318,763 +0.5%
    2013-- $317,322 +2%
    2012-- $311,100 +5.5%
    2011-- $295,000 +254.1%
    2008-- $83,306 +2%
    2007-- $81,673 +2%
    2006-- $80,071 +2%
    2005-- $78,500 +2%
    2004-- $76,961 +1.9%
    2003-- $75,551 +2%
    2002-- $74,069 +2%
    2001-- $72,617 +2%
    2000-- $71,193
    Find assessor info on the county website

    Neighborhood: 91764

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,026,500
    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
    $1,026,500