427 W. C St., Ontario, CA 91762 - CV21007496 - iPro Real Estate
iPro Real Estate

iPro Real Estate

427 W. C St.
Ontario, CA 91762

Active, Multi-Family/Income Sale

For Sale

$915,000 $143.39 per sqft

Free Professional CMA

Listing ID : CV21007496

  • Beds

    3
  • Lot Size

    6,381 Sqft

Description

We are pleased to offer for sale this 5 unit investment property located in the city of Ontario. Composed of 1 building, the unit composition is 1 2Bed/1Bath unit and four 4units 1bed 1bath. The structure is a single family cottage with a private yard and laundry hookups. Tenants pay for all utilities! The offering is already a lucrative opportunity for a new investor, not to mention the additional 30% upside in rental rates that exists given the low rents in place. Ontario has only seen vacancy tighten and rental rates climb given it is a desirable rental location for tenants, and a great opportunity for investors looking for the path of appreciation.

Details

Type: Multi-Family/Income Sale 
County: San Bernardino 
Tax ID: 1048572010000
Net Operating Income: $15,000 
Days on Market: 327 
Heating: Forced Air 
Number of Units: 5 
Property Type: Residential Income 
Sub Type: Multi Family 
Zoning: Assessor 

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Interactive

34.065525 -117.655754 $915,000 CV21007496
427 W. C St., Ontario, CA 91762
Directions to here from:

Area Information 91762

Population:

55,010 Up .02% since 2010
Average Income:
$75,041
Average Age:
31Years
Gender:
48.62%Male
51.38%Female
Households:
15,60248.47% with children
Average Value:
$509,324
Occupancy:
52.03%Owned
47.97%Rented
5.96%Vacant
Education:
25.36%High School
6.95%Associate
10.47%Bachelor
4.74%Graduate
Average Residency:
21Years
Crime Rate:
Below Average
Annual Rainfall:
17.94Inches
Earthquake Risk:
Very High
Hail Risk:
Very Low
Hurricane Risk:
Very Low
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Below Average
Wind Risk:
Very Low

History

Date Transaction Price Mortgage Amt & Lender
Date
Jul 13, 2021
Transaction
Withdrawn - Residential IncomeCV21007496
Price
$915,000
Mortgage Amt & Lender
- -

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Listed by NON LISTED AGENT with SANDICOR, Inc.