1316 N Parkside Drive
Ontario, CA 91764
MLS #PW18051455

  • 4units
  • 4,160sq ft
Est. P&I payment: $3433.57/mo
1316 N Parkside Drive, Ontario, CA 91764
  • 1316 N Parkside Drive, Ontario, CA 91764 Photo 1
  • 1316 N Parkside Drive, Ontario, CA 91764 Photo 2
  • 1316 N Parkside Drive, Ontario, CA 91764 Photo 3
  • 1316 N Parkside Drive, Ontario, CA 91764 Photo 4
Description for 1316 N Parkside Drive, Ontario, CA 91764
This 4 unit residential property is located in the City of Ontario just North of the 10 Fwy off N. Grove Ave.This large (4,160 sq ft) 4 unit property features a House with 3 bed/ 2bath in front, 2 units of 2 bed/1 bath on 1st Floor and 4th unit above the carports. There is onsite carport parking spaces for tenants and street parking. Each unit has its own water heater with separate gas and electric meters. Property has had all kitchens and baths updated with newer flooring.. Small Laundry room for the tenants that can earn income for the owner. There is room to increase rents as market rents are much higher. The property is conveniently located between the Upland and Ontario Train Station. Close proximity to the 10 freeway and other shopping centers. Drive by only, do not walk on property.
MLS #PW18051455
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My Notes for MLS #PW18051455

General Features

  • Number Of Buildings: 2
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Year Built: 1963
  • Year Built Source: Assessor
  • Elevation Units: Feet

Exterior Features

  • Carport Spaces: 4
  • Roof: Composition
  • Stories Total: 2
  • Lot Features: Front Yard,​Lot 10000-19999 Sqft
  • Lot Size SqFt: 10,400
  • Lot Size Units: Square Feet
  • Parking YN: 1
  • Parking Features: Assigned
  • Parking Total: 4
  • Pool Features: None
  • Common Walls: 1 Common Wall
  • Property Attached YN: 1

Interior Features

  • Flooring: Laminate
  • Levels: Two
  • Average 1Bed Area Units: Square Feet
  • Average 2Bed Area Units: Square Feet
  • Average 3Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet

Utility Features

  • Heating YN: 1
  • Heating: Wall Heater
  • Laundry YN: 1
  • Laundry Features: Area
  • Water Source: Public
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1

Financial Features

  • CapRate: 3.76
  • Electric Expense: 420
  • Gross Scheduled Income: 53,940
  • Insurance Expense: 1,365
  • Laundry Income: 540
  • Maintenance Expense: 1,200
  • Net Operating Income: 33,838
  • Operating Expense: 20,102
  • Price Per SqFt: 216.11
  • Total Expenses: 20,102
  • Water Sewer Expense: 4,320
  • Tax Lot: 18
  • Fuel Expense: 780
  • Gross Income: 53,940
  • Gross Multiplier: 16.67
  • New Taxes Expense: 11,417
  • Tenant Pays: Electricity,​Gas
  • Total Actual Rent: 53,400

Community Features

  • Community Features: Curbs,​Sidewalks,​Street Lighting

Miscellaneous Features

  • Building Area Total: 4,160
  • Building Area Units: Square Feet
  • Lot Size Source: Assessor
  • Special Listing Conditions: Standard
  • Tax Census Tract: 13.05
  • Tax Tract Number: 13


Street View Not Available
Directions to 1316 N Parkside Drive, Ontario, CA 91764
North on Grove, right on E 5th St, Right on Virginia, right on Parkside Dr
Listing information for 1316 N Parkside Drive, Ontario, CA 91764 was graciously provided by our friends at the listing brokerage, RE/MAX 2000 and by listing agent Skubacz Carlos DRE# 01474295 and Bratton Abel DRE# 01991349

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P&I Payment $3433.57
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on Curtis Real Estate's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. Curtis Real Estate, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 03/24/2018 at 10:41am
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