1222 W J STREET
Ontario, CA 91762
0.17 acres | #CV25045184
Description
We are pleased to exclusively present an excellent
investment opportunity in Ontario, California. This 4-unit multifamily property offers a prime location
across from Elderberry Elementary School and sits on a well-maintained 0.17-acre lot. Built in 1962, the
property 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 in
2023, 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 rental
growth in a strong, stable market. Laundry Lease in place and Buyer to assume at closing.
Property Details
- Lot DescriptionSixteenToTwentyUnitsAcre
- CountySan Bernardino
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- Original List Price$1,050,000
- MLS #CV25045184
- Property SubtypeQuadruplex
- MLS #CV25045184
- Cost1050000
- Acres0.1694
- Utility SourcePublic
- Year Built1962
- Stories2
- Parking Spaces4
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced 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. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Kevin Struve (#CV43875)
Listing Office: MARCUS & MILLICHAP (#1417)
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