522 N Parkside Drive,Ontario, CA 91764
Ontario, CA 91764
Description
**Well-Maintained 4-Unit Investment Opportunity in Ontario** Fully occupied four-unit property situated in a convenient Ontario location, offering an attractive opportunity for investors seeking stable rental income and long-term potential. Each unit features a functional 2-bedroom, 1.5-bathroom floor plan, providing desirable living space for tenants and strong rental appeal. The property sits on an approximately 15,000-square-foot lot and offers a spacious front yard, private rear outdoor area, and ample parking. Recent exterior improvements include a **new concrete driveway, expanded parking area, and new perimeter fencing**. Select units also feature interior updates. Each unit includes a dedicated detached carport, along with additional driveway parking. All four units are separately metered for gas and electricity, with tenants responsible for their respective utility costs. The owner pays for water and trash, providing a straightforward utility structure. Ideally located with convenient access to the 10 Freeway, Ontario International Airport, Ontario Mills, schools, parks, shopping, and major amenities, the property benefits from its proximity to key transportation and employment centers. With full occupancy, established rental income, potential for future upside, and an approximate 6.5% cap rate, this property presents a compelling opportunity to add a well-positioned, income-producing asset to an investment portfolio.
Details
| MLS # | HD26173622 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1964 |
| Days On Site | 18 |
| Listing Provided By | Kuo K Shyu, Broker | Kuo Shyu |
Features
| SQ Feet | 3,649 |
|---|---|
| Car Port | Yes |
| Story(s) | 1 |
| Units | 4 |
| Building(s) | 1 |
| Acreage | 0.34 |
| Property View | None |
Interior
| Cooling | Wall Window Units |
|---|---|
| Heating | None |
| Heating Yes / No | No |
| Cooling Yes / No | Yes |
| Interior Features | Unfurnished, All Bedrooms Down |
| Window Features | Screens |
| Appliances | Free Standing Range |
| Fireplace Yes / No | No |
Exterior
| Roof | Composition |
|---|---|
| Construction Materials | Frame, Stucco |
| Foundation Details | Slab |
Parking
| Parking Features | Carport, Driveway |
|---|---|
| Garage Yes / No | No |
Utilities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Electric | Standard |
| Sewer | Public Sewer |
Location
| Community Features | Urban |
|---|
Area Information
| State | CA |
|---|---|
| County | San Bernardino |
| City | Ontario |
| Zip Code | 91764 |
| Area | 686 Ontario |
| Listing VS Median (in 91764) | |
Price: $1,350,000 low | high Med: $7,937 sqft: 3,649 low | high Med: 2,995 $ / sqft: $370 low | high Med: $3 On site: 18 low | high Med: 292 | |
Market Activity 91764
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Learn More About This Property
| State | CA |
|---|---|
| County | San Bernardino |
| City | Ontario |
| Zip Code | 91764 |
| Area | 686 Ontario |
| Listing VS Median (in 91764) | |
Price: $1,350,000 low | high Med: $7,937 sqft: 3,649 low | high Med: 2,995 $ / sqft: $370 low | high Med: $3 On site: 18 low | high Med: 292 | |