3 months on rocket

5163 Canoga St, Montclair, CA, 91763

$1,200,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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5163 Canoga St, Montclair$1,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingGarage
Garage4 spaces
Year Built1958
HeatingWall Furnace
CoolingWall/Window Unit(s)
MLS #AR24167818
Lot Size0.17 Acres
StatusActive

About 5163 Canoga St

Exceptional Multi-Family Investment Opportunity in Montclair! Discover the rare opportunity to own a 4-unit complex at 5163 Canoga Street in the heart of Montclair. This well-maintained property offers four spacious units, each featuring 2 bedrooms and 1 bath. The units are currently occupied by long-term, stable tenants, making this an excellent investment with the potential to increase income by stabilizing rents and achieving a strong cap rate. The property has been thoughtfully updated, with the entire roof recently replaced, ensuring minimal maintenance for years to come. The complex also benefits from copper plumbing throughout and a newer water heater, adding to the overall value and appeal. Some of the kitchen cabinets have been remodeled, offering a modern touch that enhances the living experience for tenants. Each unit comes with its own single-car garage, conveniently located at the rear of the property with alley access, while ample street parking is available for guests. An on-site laundry room, equipped with an owned washer and dryer, provides additional convenience for residents. Situated in a prime location, the property is just moments away from Central Avenue, the 10 Freeway, and Montclair Plaza, making it ideal for tenants seeking easy access to shopping, dining, and entertainment. Families with children will also appreciate the excellent Montclair schools nearby. This property presents a unique opportunity to invest in a stable, income-generating asset with significant potential for rent growth. Showings are available upon submission of an offer, subject to interior inspection. Don't miss your chance to secure this exceptional investment property in a highly desirable Montclair location!

Property Details

Property Features

Property Information:

  • Year Built: 1958
  • Stories: 2

Listing Office:

  • Office Name: RE/Max Time
  • Office Phone: (323) 314-3998
  • Listing Agent: Erika Shinzato

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 4 spaces
  • Parking: Garage

Lot Features

Lot Information:

  • Lot: Lawn
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: W/Central Avenue, N/ Holt Blvd

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,200,000

Tax Information:

  • Annual Amount: $5,654
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Montclair, CA.

Med. Sold Price

$660K

Med. Price/SqFt

$450

Avg. Days On Market

21

# of Sold Homes

11

5163 Canoga St vs Montclair

94 DAYS ON ROCKET

+73 Days

$1,200,000

+$540K More

KEY TAKEAWAY

This property is $540K more than the Median Sold Price in Montclair, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #AR24167818

Listing Office:

  • Office Name: RE/Max Time
  • Office Phone: (323) 314-3998
  • Listing Agent: Erika Shinzato

IDX 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: 11/17/2024, 7:20:51 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

Jul 09, 2010Home Sold
$430,000
Apr 05, 2006Home Sold
$620,000
Jul 16, 2002Home Sold
$280,000
Jun 14, 2001Home Sold
$240,000
Apr 02, 1998Home Sold
$566,045
Apr 27, 1990Home Sold
$280,000
Aug 08, 1989Home Sold
$57,000
Aug 08, 1989Home Sold
$171,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,654$508,955
2020$5,507$503,736
2019$5,430$493,859
2018$5,236$484,175
2017$5,029$474,681

History based on county public records data.

Payment Calculator

$6,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,664

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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.

Nearby Schools

school-card-donut-344326
7
/10
  • Montera Elementary School

  • 4825 Bandera St

  • 0.37 miles

  • Public District Grades KG-6

school-card-donut-344327
9
/10
  • Monte Vista Elementary School

  • 4900 Orchard St

  • 0.45 miles

  • Public District Grades KG-6

school-card-donut-344328
5
/10
  • Kingsley Elementary School

  • 5625 Kingsley St

  • 0.58 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,518. Residents of Montclair, CA typically earn between $35k-100k each year. Most 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


Rocket HomesCaliforniaSan Bernardino CountyMontclair917635163 Canoga St

This home is located at 5163 Canoga St in Montclair, CA and zip code 91763. This home, which was built in 1958, sits on a 0.17 acre lot. It has been listed on Rocket Homes since August 14, 2024 and is currently priced at $1,200,000.

Over 6 listings were sold over their listed price in October 2024 in Montclair, CA. In the same period over 1 listings were sold below the listed price and 4 listings were sold for the listed price. The inventory of homes for sale in Montclair, CA between September 2024 and October 2024 decreased by 26.1%. While the average time on the market in October 2024 was 21 days, the median list price was $660,000.

From Rocket Homes Real Estate and based on county public records data.

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