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We are pleased to exclusively present an excellentinvestment opportunity in Ontario, California. This 4-unit multifamily property offers a prime locationacross from Elderberry Elementary School and sits on a well-maintained 0.17-acre lot. Built in 1962, theproperty features all 2-bedroom, 2-bathroom units, each approximately 875 square feet.Tenants enjoy on-site laundry and garage parking, with one garage space allocated per unit. In addition,each unit offers a private balcony or patio. Significant upgrades have been made, including a new roof in2023, a new water heater in 2024, and new showers in two of the units. The owner is responsible for water,trash, sewer, while tenants pay for their own gas & electricity.This investment presents an excellent value-add opportunity for investors looking to capitalize on rentalgrowth in a strong, stable market. Laundry Lease in place and Buyer to assume at closing.
Last Updated | 3/1/2025 | Year Built | 1962 |
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Community | Ontario | Garage Spaces | 4.0 |
County | San Bernardino |
Additional Details
AIR | Wall/Window Unit(s) |
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AIR CONDITIONING | Yes |
AREA | Ontario |
GARAGE | Yes |
HEAT | Wall Furnace |
HOA DUES | 0 |
LOT | 7378 sq ft |
LOT DESCRIPTION | 16-20 Units/Acre |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 2 |
WATER | Public |
Location
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