We are pleased to exclusively present an excellent investment opportunity in Ontario, California. This 4-unit multifamily property offers a prime location across from Elderberry Elementary School and sits on a well-maintained 0.17-acre lot. Built in 1962, the property features all 2-bedroom, 2-bathroom units, each approximately 875 square feet. Tenants enjoy on-site laundry and garage parking, with one garage space allocated per unit. In addition, each unit offers a private balcony or patio. Significant upgrades have been made, including a new roof in 2023, a new water heater in 2024, and new showers in two of the units. The owner is responsible for water, trash, sewer, while tenants pay for their own gas & electricity. This investment presents an excellent value-add opportunity for investors looking to capitalize on rental growth in a strong, stable market. Laundry Lease in place and Buyer to assume at closing.
MLS #
CRCV25045184
MLS Source
California Regional MLS
Cooling
Window/Wall Unit
Heating
Wall Furnace
Pool
None
Garage/Parking
Garage: 4 Car(s)
HOA Fee
$0
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 4 | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 875 | – | 0/0 | – |
1222 W J St is a Residential Income in Ontario, CA 91762. This – square foot property sits on a 7,378 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,100,000 and was built in 1962. This address can also be written as 1222 W J St, Ontario, CA 91762.
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This listing information is up-to-date as of April 03, 2025. For the most current information, please contact Kevin Struve, (909) 456-7013