Ontario, CA 91764,1354 Virginia AVE
Ontario, CA 91764,1354 Virginia AVE
Ontario, CA 91764,1354 Virginia AVE
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$1,300,000
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8 Beds
4 Baths
3,344 SqFt
New

1354 Virginia AVE Ontario, CA 91764

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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


CRMLS – RECore
Listed by Howard Cheng LPT Realty, Inc

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Andre Hobbs

Andre Hobbs

San Diego Broker | Military Veteran | License ID: 01485241

+1(619) 349-5151

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1354 Virginia AVE