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827 N Palmetto Avenue, Ontario, CA 91762
0 Beds
0 Baths
n/a sqft

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We are pleased to exclusively offer for sale this 14 unit multi-family asset in the highly sought after rental community of the city of Ontario. The subject property offers a diverse unit mix comprised of 7 (2 Bed/1.75 Bath)s, 3 (1 Bed/1 Bath)s, and 4 Studio apartments. Tenants enjoy onsite sparkling pool, both garage and open space parking, as well as a laundry facility. All units are separately metered for electricity & gas while the owner pays for water and trash. With some modest capital improvement, a new investor can take advantage of an ever-increasing rental housing demand in the area and the subsequent escalation in rental rates to reposition the property to provide significant cash-flow.
  • Price:
  • $2,625,000
  • Acreage:
  • 12,640.00
  • Year Built:
  • 1966
  • Listing ID #:
  • CV19073285
  • Street Address:
  • 827 N Palmetto Avenue
  • City:
  • Ontario
  • State:
  • California
  • Postal Code:
  • 91762
  • County:
  • San Bernardino
  • Listing Status:
  • Active
  • Stories:
  • 2.0
  • Year Built:
  • 1966
  • Conforms To Zoning:
  • R-3
  • Parking Description:
  • Assigned
  • Parking Spaces:
  • 13
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo
  • Listing Provided By Kristopher German of RE/MAX 2000 (909-948-2988)
  • Copyright © 2019 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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