744 North Vine Avenue

Ontario, CA 91762

$1,125,000
Price
6
Beds
4
Baths
2,586 Sq. Ft.
$435 / Sq. Ft.
2,586
Sq. Ft.
$435
per Sq. Ft.

Description

Welcome to this beautiful three-unit (with a potential for 4) multifamily investment property, located in the gorgeous Historic District of Ontario! The front home boasts 3 bedrooms and 1 bathroom downstairs, along with a large walk-in closet and plenty of storage. The second floor is an expansive space with a fully plumbed kitchen and bathroom, private entrance and the opportunity to be used as a 4th or 5th bedroom, ADU or office space. The unique home features fantastic period and architectural...Welcome to this beautiful three-unit (with a potential for 4) multifamily investment property, located in the gorgeous Historic District of Ontario! The front home boasts 3 bedrooms and 1 bathroom downstairs, along with a large walk-in closet and plenty of storage. The second floor is an expansive space with a fully plumbed kitchen and bathroom, private entrance and the opportunity to be used as a 4th or 5th bedroom, ADU or office space. The unique home features fantastic period and architectural details, newer HVAC, copper piping and upgraded laundry cabinets. The back building includes 2 units with upgraded flooring, separate gas and electric meters and newly upgraded windows. Located on a beautiful tree-lined street within walking distance to schools and shopping, tenants will enjoy the charm of the neighborhood, just a couple blocks from famed Euclid Ave.
  1. Listed by Paul Matysek • DRE #01757671 • Brokerage DRE #01953528 • Matysek Investment Group, Inc. • paul@matysekinvestment.com

Property Details for 744 North Vine Avenue

Parking Spaces Total
6
Private Pool
No
Cooling Type
Central Forced Air
Total Units
3.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2586
Assessor Parcel Number
1048-271-44-0000
LISTING UPDATED: 08/28/2024 05:38 AM

Property Details for 744 North Vine Avenue

StatusActive Under Contract
MLS #SB24146936
Days on Market31
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1924
Lot Size0.13 AC / 5,750 SF
CountySan Bernardino County

Virtual Tour

Building Information for 744 North Vine Avenue

Stories2Residences-Year Built1924Building Size-Lot Size0.13 AC / 5,750 SF

Property Information for 744 North Vine Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $76,680
  • Vacancy Allowance Rate: 25
  • Gross Operating Income: $57,510
  • Net Operating Income: $46,915
Expense Details
  • Operating Expense: $10,595
  • Gardener Expense: $1,200
  • Insurance Expense: $2,000
  • Trash Expense: $600
  • Water Sewer Expense: $600
  • Total Expenses: $8,800
Tax / Assessment Info
  • Tax Block: 905
  • Tax Tract Number: 0
  • Tax Census Tract: 14.00
  • CFD/Mello-Roos Fee: $556
  • Tax Lot: 2
Community / Development
Community / Development
  • Community Features: Gutters, Sidewalks
Property / Structure Info
Interior Features
  • Room Type: Attic
  • Laundry: Yes
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Direction Faces: West
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking: Yes
  • Parking Garage: Direct Entrance
  • Uncovered Spaces: 3
  • Open Other Spaces Total: 3
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
  • Parking Features: Direct Garage Access
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: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3055
  • 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: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,000
  • Unit Type Total Rent: $1,000
  • Unit Type Pro Forma: 1750
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 1650
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 2
  • Number With Dishwasher: 0
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Number With Disposal: 0
  • Number With Patio: 1
  • Number Wall AC: 2

Property History for 744 North Vine 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 744 North Vine Avenue

Taxable ValueLand$189,374Additions$454,505Total$643,879
Tax Record2023$6,995 ($583 / month)
Home Facts
Total Finished SqFt1,747 SqFtAbove Grade Finished SqFt1,747 SqFtStories2Lot Size5,750 SqFtStyleTriplexYear Built1924Year Renovated1930CountySAN BERNARDINOAPN1048-271-44-0000Fireplace TypeHas Fireplace

Schools near 744 North Vine 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
Hawthorne Elementary School
PublicK to 6

Vina Danks Middle School
Public7 to 8

Chaffey 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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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 Matysek Investment Group, Inc., Paul Matysek, DRE #01757671

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.