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1147 W D St
Ontario, CA 91762 Ontario

$1,130,000 USD

Multifamily For Sale • 3,621 SF

Property Details

Property Type Multifamily
Total Building Size 3,621 SF
Lot Size 0.19 AC
Building Class C
Year Built 1964
Cap Rate 3.88 %
Zoning MF

34 Transit Score

59 Walk Score

                
                    Highlights
                
                                The offering presents a compelling pro forma cap rate of 7.11%, highlighting a substantial upside and strong potential for high returns
                            
                                The property features a desirable mix of four spacious units, consisting of one 2-bedroom/1-bathroom unit and three 2-bedroom/2-bathroom units
                            
                                This well-maintained property is a clean investment, allowing a new owner to immediately capitalize on a high-demand location
                            
                                An ideal opportunity for various investors, from a first-time buyer to a seasoned professional, or those seeking  a 1031 Exchange
                            
                                The property is conveniently located near major freeways, the Ontario International Airport (ONT), and the Ontario–East Metrolink station
                            
                                Situated in the heart of Ontario, the property offers tenants easy access to a diverse range of major retailers, shopping centers, and restaurants

Financial Summary (Actual)

Net Operating Income: $43,828 USD (2024)

Cap Rate:	3.88 %
Total Expenses:	$24,382 USD

Amenities

Balcony
Storage Space
Vinyl Flooring

Public Transportation

Commuter Rail	Drive	Walk	Distance
	4 min	-	1.6 mi
Upland (San Bernardino Line - Southern California Regional Rail Authority (Metrolink))	7 min	-	3.4 mi
Airport	Drive	Walk	Distance
Ontario International	12 min	-	5.5 mi
John Wayne/Orange County	48 min	-	38.8 mi
Long Beach (Daugherty Field)	59 min	-	44.6 mi

Eric Chen 909-418-2071 CBRE, Inc.

1147 W D St Ontario, CA 91762 Ontario