Ontario, CA 91762,308 N Begonia Avenue
Ontario, CA 91762,308 N Begonia Avenue
Ontario, CA 91762,308 N Begonia Avenue
$1,040,000
Est. payment /mo
$1,100,000
5.5%
Est.Price: ?

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8 Beds
8 Baths
SOLD DATE : 06/16/2025

Key Details

Sold Price $1,040,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CV25090782

Sold Date 06/16/25

Bedrooms 8

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.

Location

State CA

County San Bernardino

Zoning Public Rec

Direction Mountain and West D Street

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 1010521220000

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MLS Router / San Diego MLS
Listed by Kevin Struve MARCUS & MILLICHAP
Bought with Kevin Struve MARCUS & MILLICHAP
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