Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Quadruplex

Bedrooms

4

Building size

3,649 sqft

Lot size

15,000 sqft

Year built

1964

Stories

1

Garage spaces

0

Heating

None

Cooling

Wall/Window Unit(s)

Pool

None

View

None

Status

Active

Days on market

1

MLS #

245722064

About this property

**Well-Maintained 4-Unit Investment Opportunity in Ontario** 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

522 N Parkside Drive

Ontario, San Bernardino, CA, 91764