$1,260,000
$1,250,000
0.8%For more information regarding the value of a property, please contact us for a free consultation.
1044 N Sacramento Avenue Ontario, CA 91764
8 Beds
12 Baths
7,475 Sqft Lot
Key Details
Sold Price $1,260,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID WS24135110
Sold Date 08/09/24
Bedrooms 8
HOA Y/N No
Lot Size 7,475 Sqft
Property Description
Welcome to 1044 N. Sacramento Ave. This fourplex rental property lies conveniently just South of 4th Street and Nearby Vineyard Ave in heart of Ontario. This income property has great rents and a CAP Rate of over 5%! Each unit is currently occupied with long term tenants at full occupancy. Currently, each of the 1,200 sq ft units have: 2 bed, 2.5 baths, living room, dining room, kitchen and individual enclosed patios. Benefit from the additional annual income of $3,200 from the on-site laundry and pro-forma rent upside. Conveniently located walking distance to the Vineyard Plaza with grocery stores, laundry, restaurants, etc., and a brief drive to all the local amenities Ontario has to offer. Call us today with any questions (Seller highly prefers to submitting offers for both properties)
Welcome to 1044 N. Sacramento Ave. This fourplex rental property lies conveniently just South of 4th Street and Nearby Vineyard Ave in heart of Ontario. This income property has great rents and a CAP Rate of over 5%! Each unit is currently occupied with long term tenants at full occupancy. Currently, each of the 1,200 sq ft units have: 2 bed, 2.5 baths, living room, dining room, kitchen and individual enclosed patios. Benefit from the additional annual income of $3,200 from the on-site laundry and pro-forma rent upside. Conveniently located walking distance to the Vineyard Plaza with grocery stores, laundry, restaurants, etc., and a brief drive to all the local amenities Ontario has to offer. Call us today with any questions (Seller highly prefers to submitting offers for both properties)
Location
State CA
County San Bernardino
Area Ontario (91764)
Zoning Assessor
Interior
Cooling Wall/Window
Appliance Fireplace, Forced Air Unit
Exterior
Exterior Feature Stucco
Parking Features Unit1:Assigned
Building
Lot Description Curbs, Sidewalks
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 2 Story
Others
Monthly Total Fees $12
Acceptable Financing Cash
Space Rent $1,800
Listing Terms Cash
Financing Exchange
Read Less
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Bought with Emily Hon • Homes Realty