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Listed by Kuo Shyu • Kuo K Shyu, Broker
$1,420,000
Est. payment /mo
0.34 Acres Lot
New
522 N Parkside DR Ontario, CA 91764
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRHD25236838
Year Built 1965
Lot Size 0.344 Acres
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
**Excellent Investment Opportunity - 4-Unit Property in Prime Ontario Location** Well-maintained and fully occupied, this 4-unit multifamily property is a rare find in the heart of Ontario. Each unit offers 2 spacious bedrooms and 1.5 bathrooms, with reliable tenants already in place-perfect for immediate income generation. Situated on a large 15,000 sq ft lot, the property features a generous front yard and private backyard area behind the units, providing ample outdoor space for tenant enjoyment. Recent upgrades include: *New concrete driveway, *Expanded parking area, *New perimeter fence, *Some units include updated interiors. Each unit includes a dedicated detached carport, plus additional driveway parking. All units are separately metered for gas and electricity-tenants pay their own utilities; owner covers water and trash. Conveniently located near the 10 Freeway, Ontario International Airport, Ontario Mills Mall, schools, parks, and major shopping centers, this property offers excellent rental demand and long-term growth potential. A solid investment offering strong current cash flow, future upside potential, and an approximate 5.6% cap rate.
Location
State CA
County San Bernardino
Area 686 - Ontario
Rooms
Kitchen Oven Range
Interior
Heating No Heating
Cooling Window / Wall Unit
Flooring Laminate
Laundry None
Exterior
Parking Features Carport , Covered Parking
Garage Spaces 4.0
Pool 31, None
View None
Roof Type Composition
Building
Story One Story
Foundation Concrete Slab
Water District - Public
Others
Tax ID 1048451280000
Special Listing Condition Not Applicable
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