Ontario, CA 91762,308 N Begonia Avenue
Ontario, CA 91762,308 N Begonia Avenue
Ontario, CA 91762,308 N Begonia Avenue
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$1,100,000
Est. payment /mo
8 Beds
8 Baths
8,280 Sqft Lot
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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Contingent

Purchase Type For Sale

MLS Listing ID CV25090782

Bedrooms 8

HOA Y/N No

Lot Size 8,280 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

We are pleased to exclusively present a fantastic investment opportunity located at 308 N Begonia Ave in Ontario, California. Built in 1964, this 4-unit property sits on an 8,280-square-foot lot and offers 4,464 square feet of building space. The property consists of all townhome-style units, each with a 2-bedroom, 1.5-bathroom floor plan, ideal for tenants seeking spacious and comfortable living. Each unit features a private patio or balcony, providing additional outdoor living space. Tenants also enjoy the convenience of detached single-car enclosed garages with one garage space allocated per unit. Additionally, a laundry room is available, offering a valuable opportunity for the new owner to install laundry equipment, further enhancing tenant appeal and income potential. The property is individually metered for gas and electricity, with the owner responsible for water, sewer, and trash. This investment offers a solid foundation for stable income, with significant potential for value-add through rental increases and operational enhancements. Current Rents are estimated to be 27% below market.
We are pleased to exclusively present a fantastic investment opportunity located at 308 N Begonia Ave in Ontario, California. Built in 1964, this 4-unit property sits on an 8,280-square-foot lot and offers 4,464 square feet of building space. The property consists of all townhome-style units, each with a 2-bedroom, 1.5-bathroom floor plan, ideal for tenants seeking spacious and comfortable living. Each unit features a private patio or balcony, providing additional outdoor living space. Tenants also enjoy the convenience of detached single-car enclosed garages with one garage space allocated per unit. Additionally, a laundry room is available, offering a valuable opportunity for the new owner to install laundry equipment, further enhancing tenant appeal and income potential. The property is individually metered for gas and electricity, with the owner responsible for water, sewer, and trash. This investment offers a solid foundation for stable income, with significant potential for value-add through rental increases and operational enhancements. Current Rents are estimated to be 27% below market.

Location

State CA

County San Bernardino

Area Ontario (91762)

Zoning Public Rec

Building

Lot Description Sidewalks

Story 2

Lot Size Range 7500-10889 SF

Level or Stories 2 Story

Others

Monthly Total Fees $38

Acceptable Financing Cash

Space Rent $1,500

Listing Terms Cash


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San Diego Regional MLS (SDMLS)
Listed by Kevin Struve • MARCUS & MILLICHAP
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“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”
 

+1(858) 822-8634

jwaller@sdrealtyco.com

3555 5th Avenue 3rd Floor, San Diego, CA 92103

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308 N Begonia Avenue