1027 W E Street,Ontario, CA 91762
Ontario, CA 91762
Description
We are proud to present the Mountain View Apartments, a 12- Unit multifamily property, located at 1027 W E Street in the City of Ontario. The Mountain View Apartments is an excellent investment opportunity situated on the corner of N Palmetto Avenue and West E Street. Mountain View Apartments is located in Ontario, a high-demand market with a rapidly growing population. Tenant’s benefits from unparalleled convenience and accessibility to major retailers like Walmart, Costco, Raising Canes, Target, and a variety of restaurants, malls, parks, banks, and fitness centers nearby as well as essential services like Kaiser Permanente Medical Center. Within a 10-mile radius, are popular attractions like Victoria Gardens, Top Golf, Toyota Arena, and Claremont Village. The property is also located within a 25-mile radius of several notable SoCal attractions in San Gabriel Valley, Anaheim, and Riverside. Mountain View Apartments, a 12-unit complex, offers all 2B/1B units for a total of ±11,044 square feet of living space on a ±17,001 square foot lot. Convenient parking is provided for all residents with 12 carports. Recent upgrades include a new roof, exterior renovations, and termite treatment. Over half of the units feature modern interiors with granite countertops, wood flooring in the living rooms, and tile flooring in the bathrooms and kitchens. The average unit size is 920 square feet. Mountain View Apartments offers a stable and profitable investment opportunity with 58% rental growth potential to achieve market rents. Whether you’re a first-time investor, seasoned professional, or seeking a 1031 exchange, Mountain View Apartments presents a lucrative investment choice and valuable long-term asset.
Details
| MLS# | CV24214918 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1961 |
| Days On Site | 194 |
| Listing Provided By | CB RICHARD ELLIS 909-418-2000 | ERIC CHEN |
Features
| SQ Feet | 11,044 |
|---|---|
| Car Port | Yes |
| Story(s) | 2 |
| Units | 12 |
| Building(s) | 2 |
| Acreage | 0.39 |
Market Activity 91762
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Learn More About This Property
| State | CA |
|---|---|
| County | San Bernardino |
| City | Ontario |
| Zip Code | 91762 |
| Area | 686 Ontario |
| Listing VS Median (in 91762) | |
Price: $2,800,000 low | high Med: $1,100,000 SqFt: 11,044 low | high Med: 6,702 $ / SqFt: $254 low | high Med: $185 On site: 194 low | high Med: 105.500000 | |