1354 Virginia AVE new Save Request In-Person Tour Request Virtual Tour
Ontario,CA 91764
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,344 sqft
Price per Sqft $388
MLS Listing ID 25593209
Bedrooms 8
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1963
Lot Size 7,200 Sqft
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
Area 686 - Ontario
Zoning MF
Interior
Heating Central
Cooling Central Air
Fireplace No
Appliance Washer
Laundry Common Area,Laundry Room,Outside,See Remarks
Exterior
Parking Features Driveway
Garage Spaces 4.0
Garage Description 4.0
Pool None
View Y/N Yes
View Mountain(s)
Roof Type Composition,Shingle
Total Parking Spaces 4
Private Pool No
Building
Lot Description Front Yard,Lawn,Rectangular Lot,Yard
Faces West
Story 2
Entry Level Two
Sewer Other
Architectural Style Traditional
Level or Stories Two
New Construction No
Construction Status Updated/Remodeled
Schools
School District Ontario-Montclair
Others
Senior Community No
Tax ID 1047442050000
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash,Conventional,FHA,Fannie Mae,Freddie Mac,VA Loan
Listing Terms Cash,Conventional,FHA,Fannie Mae,Freddie Mac,VA Loan
Financing Cash,Conventional,FHA,Private,VA
Special Listing Condition Standard