741 North Corvette Drive

Ontario, CA 91764

$1,570,000
Price
10
Beds
6
Baths
3,989 Sq. Ft.
$394 / Sq. Ft.
3,989
Sq. Ft.
$394
per Sq. Ft.

Description

Fully occupied 4 units apartment located between Haven Ave and Archibald Blvd. Each unit have their own entrance front door and two cars attached garage with remote opening. Each unit have their own entrance front door and two cars attached garage with remote opening #1 and #4 recently remodeled with waterproof vinyl wood floor. new bath cabinet and crystal counter top. updated kitchen with granite counter top. tile concrete roof. North or freeway 10, close to Ontario airport.Fully occupied 4 units apartment located between Haven Ave and Archibald Blvd. Each unit have their own entrance front door and two cars attached garage with remote opening. Each unit have their own entrance front door and two cars attached garage with remote opening #1 and #4 recently remodeled with waterproof vinyl wood floor. new bath cabinet and crystal counter top. updated kitchen with granite counter top. tile concrete roof. North or freeway 10, close to Ontario airport.
  1. Listed by INGRID HUANG • DRE #01056314 • Brokerage DRE #01056314 • UPCITY GROUP • UPCITYGROUP@GMAIL.COM

Property Details for 741 North Corvette Drive

Parking Spaces Total
8
Private Pool
No
Cooling Type
Central Forced Air
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
3989
Assessor Parcel Number
0210-411-26-0000
LISTING UPDATED: 11/03/2024 09:20 AM

Property Details for 741 North Corvette Drive

StatusActive
MLS #CV24209804
Days on Market20
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1987
Lot Size0.23 AC / 9,956 SF
CountySan Bernardino County

Building Information for 741 North Corvette Drive

Stories2Residences-Year Built1987Building Size-Lot Size0.23 AC / 9,956 SF

Property Information for 741 North Corvette Drive

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $92,400
  • Net Operating Income: $81,400
  • Number Of Rented Garages: 0
  • Garage Income: $0
  • Laundry Income: $0
  • Gross Multiplier: 17.0
  • Cap Rate: 5.1
Expense Details
  • Operating Expense: $10,934
  • Gardener Expense: $1,900
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $3,234
  • Trash Expense: $2,700
  • Water Sewer Expense: $3,100
  • Total Expenses: $10,934
Tax / Assessment Info
  • Tax Tract Number: 13217
  • Tax Census Tract: 21.09
  • CFD/Mello-Roos Fee: $221
  • Tax Lot: 7
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: In Garage
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
Exterior Features
  • Entry Location: 1
  • 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
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Water Connected
  • Electric: Cable Available, Electricity Connected, Natural Gas Connected, Water Connected
  • 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: $2,600
  • Unit Type Total Rent: $2,600
  • Unit Type Pro Forma: 2700
  • Unit Type Type: 1
Unit 2
  • 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: $1,400
  • Unit Type Total Rent: $1,530
  • Unit Type Pro Forma: 2300
  • 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: $1,525
  • Unit Type Total Rent: $1,660
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 3
Unit 4
  • 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: $2,175
  • Unit Type Total Rent: $2,000
  • Unit Type Pro Forma: 2700
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 741 North Corvette Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 741 North Corvette Drive

Taxable ValueLand$92,219Additions$261,290Total$353,509
Tax Record2023$3,686 ($307 / month)
Home Facts
Total Finished SqFt3,989 SqFtAbove Grade Finished SqFt3,989 SqFtLot Size9,956 SqFtStyleQuadraplexYear Built1987CountySAN BERNARDINOAPN0210-411-26-0000

Schools near 741 North Corvette Drive

This home is within Cucamonga Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
The Ontario Center
PublicK to 5

Rancho Cucamonga 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.

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741 North Corvette Drive is a multi-family home for sale in Ontario, CA 91764. This property was listed for sale on October 16, 2024 by UPCITY GROUP, it's currently listed at $1,570,000. This listing's school districts are Cucamonga Elementary School District, Chaffey Joint Union High School District. Nearby schools include The Ontario Center, Rancho Cucamonga Middle School and Colony High School. 741 North Corvette Drive is a 10-bed, 6-bath, 3,989 sqft multi-family home built in 1987.

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 UPCITY GROUP, INGRID HUANG, DRE #01056314

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.