
Ontario, California 91764
This 4-unit Strong Value Opportunity is listed at a List Price of $1,350,000—positioned well below the $1,506,896 Fair Market Value by 10%. This valuation gap offers $156,896 in Instant Equity for the savvy buyer. With a Condition Rating of 3, the property features recent exterior upgrades and stable, fully occupied units. This asset provides immediate cash flow and long-term potential, making it an ideal acquisition for Buy-and-Hold Investors or Portfolio Diversifiers seeking a well-maintained, income-producing asset in a high-demand Ontario location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 522 N Parkside Drive Subject | $1,350,000* List Price | 0 | 0 | 3,649 | $413 | - |
A 1402 Virginia Sold | $1,050,000 | 0 | 0 | 2,418 | $434 | 1.0 mi |
B 656 E I Active | $1,180,000 List Price | 0 | 0 | 2,853 | $414 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1964, the property is well-maintained with significant recent exterior improvements including a new concrete driveway and fencing. Interior photos of select units show renovations within the 5-15 year range, featuring updated laminate flooring and modernized bathrooms with newer vanities and shower enclosures, meeting the criteria for a functional, move-in ready investment.
The property boasts a competitive 6.5% cap rate and is fully occupied, providing immediate stable cash flow and a solid foundation for an investment portfolio.
Significant exterior upgrades, including a new concrete driveway, expanded parking area, and new perimeter fencing, enhance the property's curb appeal and reduce immediate maintenance needs.
All four units feature a functional 2-bedroom, 1.5-bathroom floor plan on a large 15,000-square-foot lot, offering a highly marketable layout that ensures long-term tenant appeal.
The owner is responsible for water and trash expenses, which can fluctuate and potentially compress net operating income over time.
Built in 1964, the property may require ongoing maintenance or future capital expenditures for aging systems typical of buildings from this era.
**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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.8 |
| Baths | 0.0 | 2.5 |
| Square foot | 3,649 | 1,271.375 |
| Lot Size | 15,000 | 7,889.25 |
| Price | $1.35M | $748.0K |
| Price per sq ft | $370 | $486 |
| Built year | 1964 | 1958 |
| HOA | $0 | $0 |
| Days on market | 30 | 58 |
Aug 10, 2026
$1,350,000
Initial Listing
Mar 17, 2016
$625,000
Public Record
Sep 29, 2009
$406,000
Public Record
Mar 7, 2005
$640,000
Public Record