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Key Details
Sold Price $1,260,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID WS24135110
Sold Date 08/09/24
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1964
Lot Size 7,474 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)
Location
State CA
County San Bernardino
Area 686 - Ontario
Interior
Heating Forced Air, Fireplace(s)
Cooling Wall/Window Unit(s)
Flooring Carpet, Tile
Fireplaces Type Living Room
Fireplace Yes
Appliance Electric Cooktop, Electric Oven
Laundry Laundry Room
Exterior
Garage Attached Carport, Assigned, On Street
Carport Spaces 4
Fence Wrought Iron
Pool None
Community Features Curbs, Sidewalks
Utilities Available Cable Connected, Natural Gas Connected
View Y/N Yes
View Neighborhood
Roof Type Shingle
Accessibility Parking
Parking Type Attached Carport, Assigned, On Street
Total Parking Spaces 4
Private Pool No
Building
Lot Description Greenbelt
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 0110334110000
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Trade
Special Listing Condition Standard
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Bought with Emily Hon • Homes Realty
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