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Listed by Kevin Struve • MARCUS & MILLICHAP
$ 1,100,000
Est. payment | /mo
4,464 SqFt
$ 1,100,000
Est. payment | /mo
4,464 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 4,464 sqft
Price per Sqft $246
MLS Listing ID CRCV25090782
HOA Y/N No
Year Built 1964
Lot Size 8,280 Sqft
Property Sub-Type Quadruplex
Source Datashare California Regional
Property Description
We are pleased to exclusively present a fantastic investment opportunity located at 308 N Begonia Ave in Ontario, California. Built in 1964, this 4-unit property sits on an 8,280-square-foot lot and offers ±4,464 square feet of building space. The property consists of all townhome-style units, each with a 2-bedroom, 1.5-bathroom floor plan, ideal for tenants seeking spacious and comfortable living. Each unit features a private patio or balcony, providing additional outdoor living space. Tenants also enjoy the convenience of detached single-car enclosed garages with one garage space allocated per unit. Additionally, a laundry room is available, offering a valuable opportunity for the new owner to install laundry equipment, further enhancing tenant appeal and income potential. The property is individually metered for gas and electricity, with the owner responsible for water, sewer, and trash. This investment offers a solid foundation for stable income, with significant potential for value-add through rental increases and operational enhancements. Current Rents are estimated to be 27% below market.
Location
State CA
County San Bernardino
Interior
Fireplace No
Laundry No Hookups
Building
Water Public
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