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$ 1,420,000
Est. payment /mo
New
522 N Parkside Drive Ontario, CA 91764
8 Beds
0.34 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID HD25236838
Bedrooms 8
Lot Size 0.344 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
**Excellent Investment Opportunity 4-Unit Property in Prime Ontario Location** Well-maintained and fully occupied, this 4-unit multifamily property is a rare find in the heart of Ontario. Each unit offers 2 spacious bedrooms and 1.5 bathrooms, with reliable tenants already in placeperfect for immediate income generation. Situated on a large 15,000 sq ft lot, the property features a generous front yard and private backyard area behind the units, providing ample outdoor space for tenant enjoyment. Recent upgrades include: *New concrete driveway, *Expanded parking area, *New perimeter fence, *Some units include updated interiors. Each unit includes a dedicated detached carport, plus additional driveway parking. All units are separately metered for gas and electricitytenants pay their own utilities; owner covers water and trash. Conveniently located near the 10 Freeway, Ontario International Airport, Ontario Mills Mall, schools, parks, and major shopping centers, this property offers excellent rental demand and long-term growth potential. A solid investment offering strong current cash flow, future upside potential, and an approximate 5.6% cap rate.
Location
State CA
County San Bernardino
Zoning Public Rec
Direction Cross Streets- N. Grove Ave / E. D St / E. Flora St
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 1
Level or Stories 1
Others
Tax ID 1048451280000
Listed by Kuo Shyu Kuo K Shyu, Broker
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