$1,040,000
$1,100,000
5.5%For more information regarding the value of a property, please contact us for a free consultation.
8,280 Sqft Lot
SOLD DATE : 06/16/2025
Key Details
Sold Price $1,040,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV25090782
Sold Date 06/16/25
HOA Y/N No
Year Built 1964
Lot Size 8,280 Sqft
Property Sub-Type Quadruplex
Property Description
We are pleased to exclusively present a fantastic investment
opportunity located at 308 N Begonia Ave in Ontario, California. Built in 1964, this 4-unit property sits
on an 8,280-square-foot lot and offers ±4,464 square feet of building space. The property consists of all
townhome-style units, each with a 2-bedroom, 1.5-bathroom floor plan, ideal for tenants seeking spacious
and comfortable living.
Each unit features a private patio or balcony, providing additional outdoor living space. Tenants also
enjoy the convenience of detached single-car enclosed garages with one garage space allocated per unit.
Additionally, a laundry room is available, offering a valuable opportunity for the new owner to install
laundry equipment, further enhancing tenant appeal and income potential.
The property is individually metered for gas and electricity, with the owner responsible for water, sewer,
and trash. This investment offers a solid foundation for stable income, with significant potential for value-add
through rental increases and operational enhancements. Current Rents are estimated to be 27% below market.
Location
State CA
County San Bernardino
Area 686 - Ontario
Interior
Fireplace No
Laundry None
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Sidewalks
Total Parking Spaces 4
Private Pool No
Building
Lot Description 16-20 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 1010521220000
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Kevin Struve MARCUS & MILLICHAP
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