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Listed by Maggie Bell, DRE #01934687 • Lawrence Allen & Associates
$1,425,000
Est. payment /mo
0.28 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC26225181
Year Built 1990
Lot Size 0.285 Acres
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
Excellent investment opportunity to acquire a well-maintained, townhome-style four-unit residential property built in 1990, located in a highly desirable neighborhood of Ontario, north of the 10 Freeway. Each spacious unit offers approximately 825 - 1150 square feet of living space and features central air conditioning and heating, in-unit laundry hookups, and an attached two-car garage, highly sought-after amenities that enhance tenant appeal and rental desirability. Situated in an established residential neighborhood with convenient access to shopping, dining, entertainment, and major transportation corridors, the property benefits from strong rental demand. During the current ownership, the units have consistently been easy to lease, reflecting the desirability of the location and property features. All four units are currently on month-to-month tenancies, offering investors flexibility in future property management and rental strategies, subject to applicable laws. With no local rent control ordinance, this well-maintained asset presents an attractive opportunity for investors seeking stable rental income and long-term appreciation potential in Ontario's competitive rental market.
Location
State CA
County San Bernardino
Area 686 - Ontario
Interior
Heating Central Forced Air
Cooling Central AC
Laundry 30, Other, 38
Exterior
Parking Features Garage
Garage Spaces 8.0
Pool None
Building
Water District - Public
Others
Tax ID 0210421030000
Special Listing Condition Not Applicable
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