**Investment Opportunity in Ontario, CA!** Welcome to 524 W Park St, a versatile property strategically located in Ontario. This space offers tremendous potential, featuring a spacious .408 acre lot, 4 units, and 3 buildings. Building A (built in 1949): 801 sq ft, Building B (built in 2012) 705 sq ft, duplex Building C (built in 2006) 1292 sq ft for a total of 2798 sq ft. Great upside potential, tenants are month to month below market rate. Boasting proximity to local amenities, schools, and major transport routes, this property stands as a solid investment. Whether you're a seasoned investor seeking diverse revenue streams or a newcomer looking for growth opportunities, this property presents a great opportunity. The property features 8 bedrooms, 5 bathrooms, and 3 new detached garages that total 1344 sq ft. Don't miss out on this excellent investment prospect.
Sold for $1,049,000
Listed by: EXP REALTY OF CALIFORNIA INC • Marco Contreras • Contact: 888-584-9427
Bought with: The New City Realty
$1,049,000
524 W Park St, Ontario, CA 91762
8beds
5baths
2,798sqft
Quadruplex
Built in 1949
-- sqft lot
$1,093,400 Zestimate®
$375/sqft
$2,511 Estimated rent
Home value
$1,093,400
$995,000 - $1.20M
$2,511/mo
Zestimate® history
Owner options
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$2,511/mo
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$2,511/mo
Rent Zestimate®
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$6,711/mo
Est. payment
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$6,711/mo
Est. payment
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Duplex buildingProximity to local amenities
Zillow last checked:
Listing updated:
Listed by:
Marco Contreras DRE #02120740 marcosacontrs@gmail.com,
EXP REALTY OF CALIFORNIA INC
Bought with:
Samuel Mikhail, DRE #01712561
The New City Realty
Source: CRMLS,MLS#: CV23205969
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
Rooms
- Room types: Bedroom
Bedroom
- Features: All Bedrooms Down
Heating
- Wall Furnace
Appliances
- Laundry: None
Features
- All Bedrooms Down
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 2,798
- Total interior livable area: 2,798 sqft
Property
Parking
- Total spaces: 6
- Parking features: Assigned, Driveway
- Garage spaces: 6
Accessibility
- Accessibility features: Accessible Doors
Features
- Levels: One
- Stories: 1
- Entry location: Street
- Pool features: None
- Spa features: None
Lot
- Size: 0.4 Acres
- Features: 0-1 Unit/Acre
Details
- Parcel number: 1049283180000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Bungalow
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1949
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected
Community & HOA
Community
- Features: Sidewalks
Location
- Region: Ontario
Financial & listing details
- Price per square foot: $375/sqft
- Tax assessed value: $1,069,980
- Annual tax amount: $11,744
- Date on market: 11/8/2023
- Cumulative days on market: 40 days
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Tenant pays: Electricity
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/25/2024 | Sold | $1,049,000-4.5%$375/sqft |
Source:  CRMLS #CV23205969 Report a problem | ||
| 12/19/2023 | Pending sale | $1,099,000$393/sqft |
Source: CRMLS #CV23205969 Report a problem | ||
| 11/29/2023 | Price change | $1,099,000-4.4%$393/sqft |
Source: CRMLS #CV23205969 Report a problem | ||
| 11/8/2023 | Listed for sale | $1,150,000+109.1%$411/sqft |
Source: CRMLS #CV23205969 Report a problem | ||
| 2/22/2013 | Sold | $550,000-24.7%$197/sqft |
Source: Public Record Report a problem | ||
| 2/16/2007 | Sold | $730,000+143.3%$261/sqft |
Source: Public Record Report a problem | ||
| 9/6/2005 | Sold | $300,000$107/sqft |
Source: Public Record Report a problem | ||
| 10/26/2004 | Sold | $300,000$107/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,744 +60.9% | $1,069,980 +61.1% |
| 2024 | $7,299 +2.9% | $664,007 +2% |
| 2023 | $7,094 +1.3% | $650,988 +2% |
| 2022 | $7,000 +0.6% | $638,223 +2% |
| 2021 | $6,956 +1.8% | $625,709 +1% |
| 2020 | $6,834 -3.7% | $619,293 +2% |
| 2019 | $7,100 -3.9% | $607,150 +2% |
| 2018 | $7,388 +14.7% | $595,245 +2% |
| 2017 | $6,443 | $583,573 +2% |
| 2016 | $6,443 +4.1% | $572,131 +1.5% |
| 2015 | $6,188 +0.7% | $563,537 +2% |
| 2014 | $6,147 | $552,498 +15.9% |
| 2013 | -- | $476,706 +3.1% |
| 2012 | -- | $462,456 +2% |
| 2011 | -- | $453,389 +0.8% |
| 2010 | -- | $450,000 -2.6% |
| 2007 | -- | $462,120 +51% |
| 2006 | -- | $306,000 +2% |
| 2005 | -- | $300,000 +1457.1% |
| 2004 | -- | $19,267 +1.9% |
| 2003 | -- | $18,914 +2% |
| 2002 | -- | $18,543 +2% |
| 2001 | -- | $18,180 +2% |
| 2000 | -- | $17,823 |
Find assessor info on the county website
Neighborhood: 91762
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Nearby schools
GreatSchools rating
- 7/10Mission Elementary SchoolGrades: K-6Distance: 1.6 mi
- 7/10Oaks Middle SchoolGrades: 7-8Distance: 1.2 mi
- 5/10Ontario High SchoolGrades: 9-12Distance: 1.5 mi
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Estimated market value
$1,093,400
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
$1,093,400
- California
- San Bernardino County
- Ontario
- 91762
- 524 W Park St
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