1354 Virginia Avenue Pending Save Request In-Person Tour Request Virtual Tour
Ontario,CA 91764
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Pending
Purchase Type For Sale
Square Footage 3,344 sqft
Price per Sqft $388
MLS Listing ID CL25593209
Bedrooms 8
Year Built 1963
Lot Size 7,200 Sqft
Property Sub-Type OTHER
Property Description
Presenting to you your next investment opportunity in the city of Ontario. This is a fully tenant-occupied fourplex with all 2 bedroom, 1 bathroom units each with a one car garage. Some units have been updated and there is also a laundry room to generate additional monthly income. Improvements include partial sewer line replacement in 2019, a brand new roof installed in 2021, and balcony repair currently in progress in accordance to SB721 (will be completed prior to close of escrow). This property has rental income upside with a current 4.43% cap rate and a 6.12% pro-forma cap rate. Conveniently located near the freeway access, airport, shopping centers, schools, and parks. Ontario is considered one of the fastest growing cities in the Inland Empire so make this your moment to get in on an investment property here today.
Location
State CA
County San Bernardino
Zoning MF
Interior
Heating Central
Cooling Central Air
Laundry Common Area,Laundry Room,Other,See Remarks,Washer
Exterior
Exterior Feature Front Yard
View Y/N true
View Mountain(s)
Building
Lot Description Other,Front Yard
New Construction No