1044 N Sacramento Avenue, Ontario, CA 91764

$1,050,000
Sold Price
$1,050,000
List Price
$1,100,000
Closing Date
Apr 20, 2023
Status
CLOSED
MLS#
WS22141027
Year Built
1964
Lot Size
7,475
Acres
0.17
Lot Location
Greenbelt
Days on Market
23
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
Two Levels

Property Description

Welcome to 1044 N. Sacramento Ave. This fourplex rental lies conveniently just South of 4th Street and Nearby Vineyard Ave in heart of Ontario. This income property has fantastic upside with CAP Rate potential to reach 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. 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 and please see the video walk-through! (Seller highly prefers to submitting offers for both properties)

Additional Information

Appliances
Electric Cooktop, Electric Oven
Pool Description
None
Fireplace Description
Living Room
Heat
Forced Air, Fireplace(s)
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
Neighborhood
Exterior Construction
Stucco
Roof
Shingle
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$63,660
Operating Expense
26400

Listing courtesy of Listing Agent: HECTOR MARQUEZ (beverlyandhectorteam@gmail.com) from Listing Office: RE/MAX Galaxy.

Listing sold by WEI ZHANG from RE/MAX Galaxy

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.