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    827 N Palmetto Avenue

    Ontario, CA 91762
    • $3,850,000
    • STATUS: Active
    • ON SITE: 48 Days
    • ID#: 21777908
    UPDATED: 79 min ago
    $3,850,000
    • 0
      BEDS
    • 0.29
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1966
    County:

    School Ratings & Info

    Description

    A 14 unit apartment complex for sale in the highly desirable rental market of the city of Ontario. The subject property is comprised of an outstanding unit mix consisting of (6) 2-Bed / 1.75 Baths, (1) 2-Bed / 1-Bath, (3) 1-Bed / 1-bath, and (4) Studio / 1-Bath's. Tenants enjoy a beautiful swimming pool, common area laundry facility & garage carport and open space parking. Each unit is separately metered for gas and electricity - owner pays the water and trash. The city of Ontario is located just 35 miles east of downtown Los Angeles and home to the Ontario International Airport. Given the high demand for housing and the city's strategic location within close proximity to major employment hubs, the city of Ontario is positioned to remain a strong multi-family rental market for years to come.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-16T09:27:11.563. 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 deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
    www.therealestategirl.com/homes/120921432
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    827 N Palmetto Avenue Ontario, CA 91762

    • Price: $3,850,000
    • Status: Active
    • Updated: 79 min ago
    • ID#: 21777908
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.29
    Acres
    1966
    Built
    Neighborhood:
    686 - Ontario
    County:
    San Bernardino
    Area:
    686 - Ontario
    Property Description
    A 14 unit apartment complex for sale in the highly desirable rental market of the city of Ontario. The subject property is comprised of an outstanding unit mix consisting of (6) 2-Bed / 1.75 Baths, (1) 2-Bed / 1-Bath, (3) 1-Bed / 1-bath, and (4) Studio / 1-Bath's. Tenants enjoy a beautiful swimming pool, common area laundry facility & garage carport and open space parking. Each unit is separately metered for gas and electricity - owner pays the water and trash. The city of Ontario is located just 35 miles east of downtown Los Angeles and home to the Ontario International Airport. Given the high demand for housing and the city's strategic location within close proximity to major employment hubs, the city of Ontario is positioned to remain a strong multi-family rental market for years to come.
    Exterior Features

    Parking Features None Parking Total 10 Pool Features In Ground Pool Private YN No

    Interior Features

    Cooling None Cooling YN No Heating None Heating YN No

    Property Features

    Garage YN Yes Gross Income 244812 Laundry Features Laundry Room Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 137429 Possession Close Of Escrow Senior Community YN No Special Listing Conditions Standard Zoning R-3

    Listing provided courtesy of Nicholas Petrosian of Remax Commercial And Investment Realty and Juan Cardenas of Remax Commercial And Investment Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-16T09:27:11.563. 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 deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
     
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