1448 East Elma Court

Ontario, CA 91764

$1,550,000
Price
10
Beds
6
Baths
4,049 Sq. Ft.
$383 / Sq. Ft.
4,049
Sq. Ft.
$383
per Sq. Ft.

Description

Excellent investment opportunity in Ontario. The offering sits on 10752 square feet of land with 4,049 square feet of building area and consists of 4 condo style units. Front and back units have 3 bedrooms /1.5 bathrooms and patios; the two in the middle have 2 bedrooms /1 bathroom and balcony. All units have central heating and air. Each unit has two car attached garage with laundry hook up. Conveniently located in the center of fast developing area with a lot of job opportunities, close to airport,...Excellent investment opportunity in Ontario. The offering sits on 10752 square feet of land with 4,049 square feet of building area and consists of 4 condo style units. Front and back units have 3 bedrooms /1.5 bathrooms and patios; the two in the middle have 2 bedrooms /1 bathroom and balcony. All units have central heating and air. Each unit has two car attached garage with laundry hook up. Conveniently located in the center of fast developing area with a lot of job opportunities, close to airport, big malls, schools, post office, grocery stores, restaurants, hotels, etc. Easy access to freeway 10 and 60. Tenants are on a month-to-month lease. The property to be sold "AS IS" in its present condition. 1447 E Elma Ct. a 4 units building just across the street, could be sold together to one buyer for easy management.
  1. Listed by ZIXIONG DING • DRE #01473317 • Brokerage DRE #01525427 • GREENFIELD REALTY • 626-500-8801

Property Details for 1448 East Elma Court

Parking Spaces Total
8
Private Pool
No
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
4049
Assessor Parcel Number
0110-042-36-0000
Property Attached YN
true
LISTING UPDATED: 02/01/2025 10:38 PM

Property Details for 1448 East Elma Court

StatusActive
MLS #WS25023687
Days on Market36
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1986
Lot Size0.25 AC / 11,088 SF
CountySan Bernardino County

Building Information for 1448 East Elma Court

Stories2Residences-Year Built1986Building Size-Lot Size0.25 AC / 11,088 SF

Property Information for 1448 East Elma Court

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $86,400
  • Gross Scheduled Income: $86,400
  • Net Operating Income: $52,000
Expense Details
  • Operating Expense: $34,400
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract Number: 12959
  • Tax Census Tract: 15.04
  • CFD/Mello-Roos Fee: $983
  • Tax Lot: 24
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
Exterior Features
  • Entry Location: 0
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 8
  • Parking Garage Spaces: 8
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,900
  • Unit Type Total Rent: $1,900
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,900
  • Unit Type Total Rent: $1,900
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,700
  • Unit Type Total Rent: $1,700
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,700
  • Unit Type Total Rent: $1,700
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 1448 East Elma Court

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1448 East Elma Court

Taxable ValueLand$412,742Additions$767,478Total$1,180,220
Tax Record2024$12,917 ($1,076 / month)
Home Facts
Total Finished SqFt4,049 SqFtAbove Grade Finished SqFt4,049 SqFtLot Size11,088 SqFtStyleQuadraplexYear Built1986CountySAN BERNARDINOAPN0110-042-36-0000

Schools near 1448 East Elma Court

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

Ray Wiltsey Middle School
Public6 to 8

Colony High School
Public9 to 12

Valley View High (Continuation) School
Public9 to 12

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.

Similar Homes

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1448 East Elma Court is a multi-family home for sale in Ontario, CA 91764. This property was listed for sale on February 1, 2025 by GREENFIELD REALTY, it's currently listed at $1,550,000. It has been on the market for a total of 36 days and was last sold on March 29, 2018. This listing's school districts are Chaffey Joint Union High School District, Ontario-Montclair School District. Nearby schools include Mariposa Elementary School, Ray Wiltsey Middle School and Colony High School. 1448 East Elma Court is a 10-bed, 6-bath, 4,049 sqft multi-family home built in 1986.

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 GREENFIELD REALTY, ZIXIONG DING, DRE #01473317

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.