1222 South Palm Avenue

Ontario, CA 91762

$850,000
Price
3
Beds
2
Baths
780 Sq. Ft.
$1,090 / Sq. Ft.
780
Sq. Ft.
$1,090
per Sq. Ft.

Description

Nestled in Ontario, this duplex, constructed in 1958, occupies an 8,400 square foot lot, with potential for additional dwelling units. Boasting two distinct units, totaling approximately +/-1,368 square feet combined, the property features a front unit and a rear unit, each with its own enclosed two-car garage and separate laundry facilities. Recent upgrades include new kitchens, bathrooms, and roofs for both units, along with water filtration systems. The expansive front yard, complete with a gated...Nestled in Ontario, this duplex, constructed in 1958, occupies an 8,400 square foot lot, with potential for additional dwelling units. Boasting two distinct units, totaling approximately +/-1,368 square feet combined, the property features a front unit and a rear unit, each with its own enclosed two-car garage and separate laundry facilities. Recent upgrades include new kitchens, bathrooms, and roofs for both units, along with water filtration systems. The expansive front yard, complete with a gated entrance, offers ample outdoor space, complemented by RV parking and landscaped surroundings. Enhanced with tile flooring, window treatments, and concrete pathways, this property provides both comfort and convenience. Currently tenanted and conveniently located near parks, schools, and freeways, seize this opportunity to capitalize on this prime real estate investment in Ontario!
  1. Listed by Allanah Toscano • DRE #02007336 • Brokerage DRE #01878277 • EXP REALTY OF CALIFORNIA INC • toscanoallanah@gmail.com
  2. Listed by Filiberto Olazabal • DRE #01368493 • Brokerage DRE #01064901 • RE/MAX MASTERS REALTY

Property Details for 1222 South Palm Avenue

Parking Spaces Total
2
Private Pool
No
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
780
Assessor Parcel Number
1049-551-24-0000
Property Attached YN
false
LISTING UPDATED: 06/27/2024 01:54 AM

Property Details for 1222 South Palm Avenue

StatusActive
MLS #CV24103660
Days on Market203
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1958
Lot Size0.19 AC / 8,400 SF
CountySan Bernardino County

Building Information for 1222 South Palm Avenue

Stories1Residences-Year Built1958Building Size-Lot Size0.19 AC / 8,400 SF

Property Information for 1222 South Palm Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $38,400
  • Gross Scheduled Income: $38,400
  • Net Operating Income: $36,000
  • Number Of Rented Garages: 2
  • Garage Income: $0
Expense Details
  • Operating Expense: $2,400
  • Gardener Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $12,000
  • Water Sewer Expense: $12,000
  • Total Expenses: $24,000
Tax / Assessment Info
  • Tax Block: 173
  • Tax Tract Number: 1
  • Tax Census Tract: 17.06
  • CFD/Mello-Roos Fee: $606
  • Tax Lot: 1
Community / Development
Community / Development
  • Community Features: Park
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
Exterior Features
  • Entry Location: front
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Front Yard, Lawn
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Driveway
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Driveway, Paved
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,000
  • Unit Type Total Rent: $2,000
  • Unit Type Pro Forma: 2600
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,200
  • Unit Type Total Rent: $1,200
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 1222 South Palm Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1222 South Palm Avenue

Taxable ValueLand$218,484Additions$509,796Total$728,280
Tax Record2024$7,970 ($664 / month)
Home Facts
Beds2Total Finished SqFt780 SqFtAbove Grade Finished SqFt780 SqFtStories1Lot Size8,400 SqFtStyleSingle Family ResidenceYear Built1958CountySAN BERNARDINOAPN1049-551-24-0000

Schools near 1222 South Palm Avenue

This home is within Chaffey Joint Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 6
Rating
School
Distance
Richard Haynes Elementary School
PublicK to 6

Oaks Middle School
Public7 to 8

Ontario High School
Public9 to 12

Buena Vista Arts-Integrated School
PublicK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1222 South Palm Avenue is a multi-family home for sale in Ontario, CA 91762. This property was listed for sale on May 31, 2024 by EXP REALTY OF CALIFORNIA INC, it's currently listed at $850,000. It has been on the market for a total of 203 days and was last sold on January 28, 2022. This listing's school districts are Chaffey Joint Union High School District, Ontario-Montclair School District. Nearby schools include Richard Haynes Elementary School, Oaks Middle School and Ontario High School. 1222 South Palm Avenue is a 3-bed, 2-bath, 780 sqft multi-family home built in 1958.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP REALTY OF CALIFORNIA INC, Allanah Toscano, DRE #02007336; RE/MAX MASTERS REALTY, Filiberto Olazabal, DRE #01368493

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.