
Ontario, California 91764
This townhome-style multifamily property presents a Strong Value Opportunity, listed at $1,449,000—positioned well above the $1,340,628 Fair Market Value by 8%. Despite the premium, the asset offers a stable, high-growth rental profile with a Fair Condition Rating and a desirable unit mix of 2- and 3-bedroom townhomes. Featuring central AC, in-unit laundry, and attached garages, the property is optimized for tenant retention in the Inland Empire. This is an ideal acquisition for Buy-and-Hold Investors or Multifamily Portfolio Managers seeking long-term, resilient cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3230 Triumph Lane Subject 0 bd · 0 ba · 4,003 sqft · $335 | $1,449,000* List Price | 0 | 0 | 4,003 | $335 | - |
A 3230 Triumph Lane Sold 0 bd · 0 ba · 4,003 sqft · $312 · 0.0 mi | $1,250,000 | 0 | 0 | 4,003 | $312 | 0.0 mi |
B 746 Corvette Sold 0 bd · 0 ba · 3,950 sqft · $316 · 0.1 mi | $1,250,000 | 0 | 0 | 3,950 | $316 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1987 (37 years old), the property falls into the 'Fair' category due to its age exceeding 20 years. While the exterior and systems like central HVAC and the tile roof are described as well-maintained, the lack of recent renovation details suggests the interiors and systems are likely dated and may require minor updates or repairs.
The property features a strong mix of two and three-bedroom townhome-style units equipped with essential modern amenities like central AC, in-unit laundry hookups, and attached garages, which significantly drives tenant demand.
Situated in a high-growth rental market near Ontario International Airport and major freeways (I-10, I-15, I-60), the asset benefits from a stable tenant base anchored by the region's robust logistics and healthcare sectors.
As a four-unit residential income property, this asset qualifies for attractive 30-year fixed-rate residential financing, offering investors more favorable terms and lower interest rates compared to commercial loans.
The property was recently sold within the past year on 2026-03-20. The sold price is $1,250,000.00.
Constructed in 1987, the property may require upcoming capital expenditures for the replacement or repair of aging systems and components that are nearing the end of their typical lifecycle.
The 0.22-acre lot is largely utilized by the existing building footprint and required parking garages, leaving minimal space for additional value-add structures or ADUs to increase density.
Pleased to exclusively present the opportunity to acquire a well-maintained, townhome-style multifamily investment property located at 3230 Triumph Lane in Ontario, CA, one of the Inland Empire’s most dynamic and rapidly growing rental markets. Constructed in 1987, this two-story, single building property consists of four units situated on a 0.22-acre parcel and has 4,003 square feet of rentable building area. The property features an attractive unit mix that includes 2- three-bedroom/two bathroom townhomes. 2- two-bedroom/one-bathroom townhome; Each unit is equipped with central air conditioning and heating, in-unit washer and dryer hook-ups, dishwashers, individual hot water heaters, and separate gas and electric metering. The property benefits from central AC Units, pitched tile roof, and select units offer a fireplace, private patios or balconies. Parking is ample and secure with attached garages consisting of two double-car garages, two single-car garages, and additional open spaces. The asset is also eligible for attractive 30-year fixed-rate financing. Ontario is widely regarded as one of the most compelling multifamily investment markets in the Inland Empire, driven by sustained population growth, robust job creation, and relative affordability compared to coastal Southern California markets. The city offers exceptional regional connectivity via Interstates 10, 15, and 60, as well as close proximity to Ontario International Airport, a major logistics and transportation hub. Ontario’s diverse employment base is anchored by logistics and distribution, healthcare, education, manufacturing, and public-sector employment, providing a stable and expanding tenant base. With strong renter demand, a growing employment base, and a business-friendly environment, Ontario offers investors the opportunity to acquire multifamily assets in a high-growth Southern California market while maintaining a more accessible entry point than Los Angeles or Orange County. This offering represents an excellent opportunity to acquire a well-located, townhome-style apartment property with desirable unit features, strong tenant appeal, and long-term upside in one of the Inland Empire’s most resilient and affordable rental markets.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.8 |
| Baths | 0.0 | 2.4 |
| Square foot | 4,003 | 1,450.4 |
| Lot Size | 9,956 | 8,019.8 |
| Price | $1.45M | $743.5K |
| Price per sq ft | $362 | $479 |
| Built year | 1987 | 1951 |
| HOA | $0 | $0 |
| Days on market | 44 | 68 |
Sep 10, 2026
$1,449,000
Initial Listing
Mar 20, 2026
$1,250,000
Public Record