Ontario, CA 91762,1222 W J Street
Ontario, CA 91762,1222 W J Street
Ontario, CA 91762,1222 W J Street
12
$1,100,000
$1,050,000
4.8%
Est.Price: ?

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8 BD
8 BA

1222 W J Street Ontario, CA 91762

Est. payment /mo
SOLD DATE : 04/03/2025

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Key Details

Sold Price $1,100,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CV25045184

Bedrooms 8

Property Sub-Type Res Income 2-4 Units

Property Description

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.

Location

State CA

County San Bernardino

Zoning Public Rec

Interior

Cooling Wall/Window

Exterior

View Y/N No

Building

Story 2

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MLS Router / San Diego MLS
Listed by Kevin Struve MARCUS & MILLICHAP
Bought with XENIA CHAO Pinnacle Real Estate Group

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agent

Dave Dennis

Agent | License ID: 01343870

+1(619) 987-9484

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