522 N Parkside DR Ontario, CA 91764
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID HD25096004
HOA Y/N No
Year Built 1965
Lot Size 0.344 Acres
Property Sub-Type Quadruplex
Property Description
Well-maintained 4-unit property! Located in the heart of Ontario, offers a fantastic opportunity for investors. Each unit features 2 bedrooms and 1.5 bathrooms, with long-term, reliable tenants already in place. The property sits on a large 15,000 sq ft lot and offers plenty of outdoor space, including a spacious front yard and a backyard behind the units—perfect for tenant relaxation and outdoor enjoyment. Every single unit comes with a detached carport space, plus additional driveway parking. Each unit has its own separate meters for gas and electricity. Tenants pay for their own electricity and gas, while the owner covers water and trash service. Conveniently located near the 10 Freeway, Ontario Interntaional Airport, Ontario Mills Mall, schools, parks, and shopping. This property offers both strong rental income and excellent future value. Current cap rate is approximately 5.9%, making this a solid investment with steady cash flow.
Location
State CA
County San Bernardino
Area 686 - Ontario
Interior
Interior Features Unfurnished, All Bedrooms Down
Heating None
Cooling Wall/Window Unit(s)
Flooring Laminate, Vinyl
Fireplaces Type None
Fireplace No
Appliance Free-Standing Range
Laundry None
Exterior
Parking Features Covered, Carport
Carport Spaces 4
Fence Wood
Pool None
Community Features Urban
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Composition
Accessibility None
Total Parking Spaces 4
Private Pool No
Building
Story 1
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 1048451280000
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
