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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID HD26173622
HOA Y/N No
Year Built 1964
Lot Size 0.344 Acres
Property Sub-Type Quadruplex
Property Description
Fully occupied four-unit property situated in a convenient Ontario location, offering an attractive opportunity for investors seeking stable rental income and long-term potential. Each unit features a functional 2-bedroom, 1.5-bathroom floor plan, providing desirable living space for tenants and strong rental appeal. The property sits on an approximately 15,000-square-foot lot and offers a spacious front yard, private rear outdoor area, and ample parking. Recent exterior improvements include a **new concrete driveway, expanded parking area, and new perimeter fencing**. Select units also feature interior updates. Each unit includes a dedicated detached carport, along with additional driveway parking. All four units are separately metered for gas and electricity, with tenants responsible for their respective utility costs. The owner pays for water and trash, providing a straightforward utility structure. Ideally located with convenient access to the 10 Freeway, Ontario International Airport, Ontario Mills, schools, parks, shopping, and major amenities, the property benefits from its proximity to key transportation and employment centers. With full occupancy, established rental income, potential for future upside, and an approximate 6.5% cap rate, this property presents a compelling opportunity to add a well-positioned, income-producing asset to an investment portfolio.
Location
State CA
County San Bernardino
Area 686 - Ontario
Interior
Interior Features Unfurnished, All Bedrooms Down
Heating None
Cooling Wall/Window Unit(s)
Flooring Laminate, Vinyl
Fireplaces Type None
Fireplace No
Appliance Free-Standing Range
Laundry None
Exterior
Parking Features Carport, Driveway
Carport Spaces 4
Pool None
Community Features Urban
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Composition
Accessibility None
Total Parking Spaces 4
Private Pool No
Building
Story 1
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 1048451280000
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Nearby School & Business
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