We are proud to present the Mountain View Apartments, a 12- Unit multifamily property, located at 1027 W E Street in the City of Ontario. The Mountain View Apartments is an excellent investment opportunity situated on the corner of N Palmetto Avenue and West E Street. Mountain View Apartments is located in Ontario, a high-demand market with a rapidly growing population. Tenant’s benefits from unparalleled convenience and accessibility to major retailers like Walmart, Costco, Raising Canes, Target, and a variety of restaurants, malls, parks, banks, and fitness centers nearby as well as essential services like Kaiser Permanente Medical Center. Within a 10-mile radius, are popular attractions like Victoria Gardens, Top Golf, Toyota Arena, and Claremont Village. The property is also located within a 25-mile radius of several notable SoCal attractions in San Gabriel Valley, Anaheim, and Riverside. Mountain View Apartments, a 12-unit complex, offers all 2B/1B units for a total of ±11,044 square feet of living space on a ±17,001 square foot lot. Convenient parking is provided for all residents with 12 carports. Recent upgrades include a new roof, exterior renovations, and termite treatment. Over half of the units feature modern interiors with granite countertops, wood flooring in the living rooms, and tile flooring in the bathrooms and kitchens. The average unit size is 920 square feet. Mountain View Apartments offers a stable and profitable investment opportunity with 58% rental growth potential to achieve market rents. Whether you’re a first-time investor, seasoned professional, or seeking a 1031 exchange, Mountain View Apartments presents a lucrative investment choice and valuable long-term asset.
Property Details
Property Features
Property Information:
Year Built: 1961
Stories: 2
Listing Office:
Office Name: CB RICHARD ELLIS
Office Phone: (626) 757-5717
Listing Agent: ERIC CHEN
Exterior Features
Exterior Information:
Private Pool: No
Lot Features
Lot Information:
Lot Size: 0.39 Acres
Utilities
Utilities Information:
Heating: Wall Furnace
Cooling: Wall/Window Unit(s)
Other
Directions Information:
Directions: Merge onto I-10 W, Take exit 50 for Mountain Ave toward Mt Baldy, Turn left onto S Mountain Ave, Turn left onto W D St, Turn left onto N Palmetto Ave, Turn right onto W E St
Price Information
Listing Price Info
Price Summary:
List Price: $2,800,000
Tax Information:
Annual Amount: $19,456
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Ontario, CA.
This property is $2.1M more than the Median Sold Price in Ontario, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #CV24214918
Listing Office:
Office Name: CB RICHARD ELLIS
Office Phone: (626) 757-5717
Listing Agent: ERIC CHEN
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 6:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Nov 13, 2014
Nov 13, 2014Home Sold
$1,580,000
Jun 25, 2008
Jun 25, 2008Home Sold
$1,545,000
Jun 23, 1989
Jun 23, 1989Home Sold
$800,000
Jun 23, 1989
Jun 23, 1989Home Sold
$710,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$19,456
$1,754,313
2020
$18,950
$1,736,325
2019
$18,688
$1,702,279
2018
$18,017
$1,668,901
2017
$17,305
$1,636,177
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$14K
Per Month
Principal & Interest
$13.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$8,461
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Elderberry Elementary School
950 N Elderberry Ave
Distance between this listing and this school0.62 miles
Public District Grades KG-6
5
/10
Kingsley Elementary School
5625 Kingsley St
Distance between this listing and this school0.80 miles
Public District Grades KG-6
8
/10
Buena Vista Arts-Integrated
5685 San Bernardino St
Distance between this listing and this school0.99 miles
Public District Grades KG-6
Nearby Schools
5
/10
Vina Danks Middle School
1020 N Vine Ave
Distance between this listing and this school1.00 miles
Public District Grades 7-8
4
/10
Vernon Middle School
9775 Vernon Ave
Distance between this listing and this school1.10 miles
Public District Grades 7-8
7
/10
Oaks Middle School
1221 S Oaks Ave
Distance between this listing and this school1.18 miles
Public District Grades 7-8
Nearby Schools
5
/10
Chaffey High School
1245 N Euclid Ave
Distance between this listing and this school1.21 miles
Public District Grades 9-12
7
/10
Montclair High School
4725 Benito St
Distance between this listing and this school1.91 miles
Public District Grades 9-12
6
/10
Ontario High School
901 W Francis St
Distance between this listing and this school1.93 miles
The neighbors living near this home have an average income of $65,068. Most Ontario, CA residents have annual incomes between $35k-100k. The majority of families are married, with kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1027 W E St
What is the listing price of this property?
The listing price of 1027 W E St property is $2,800,000.
What type of property is this?
The property 1027 W E St is a condo located in Ontario, California, 91762.
Is this property for sale now?
Active Listing: 1027 W E St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $19,456 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on November 13, 2014 for $1,580,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1027 W E St in Ontario, CA and zip code 91762. This home, which was built in 1961, sits on a 0.39 acre lot. It has been listed on Rocket Homes since October 28, 2024 and is currently priced at $2,800,000.
In November 2024 more than 34 listings in Ontario, CA were sold above the asking price. During the same period more than 16 listings were sold at asking price, while more than 27 were sold below. Between October 2024 and November 2024, Ontario, CA real estate market has seen decrease in the number of listings by 8.8%. The median list price of listings available in November 2024 was $658,377, while the average time on the real estate market was 31 days.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
Mexican League Soccer
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Foot Locker
H&M
Ross Dress For Less
Little Caesars
Boston Market
Jack In The Box
Dodge
Honda
Nissan
Urban Adult Contemporary
Rhythmic Contemporary Hits