685 - Montclair Homes with Apartment Subtype

Welcome to Montclair, California – a vibrant community nestled in the heart of San Bernardino County. Known for its friendly atmosphere and diverse culture, Montclair offers an ideal blend of suburban tranquility and urban convenience, making it a perfect place for families, young professionals, and retirees alike.

The city boasts a charming array of homes, including properties with an apartment subtype that cater to various lifestyles and needs. These homes are designed to provide both comfort and flexibility, often featuring separate living spaces that can be utilized for rental income or as guest suites. Imagine the possibilities of living in a beautiful Montclair home while generating passive income from a cozy apartment right in your backyard!

Montclair is not just about the homes; it’s about the lifestyle. Residents enjoy easy access to a wealth of amenities, including shopping centers, parks, and dining options that reflect the region's rich cultural tapestry. The Montclair Plaza is a local favorite, offering a variety of retail stores and eateries, while the nearby parks provide ample opportunities for outdoor activities and family gatherings.

Education is also a priority in Montclair, with several highly-rated schools serving the community, ensuring that families have access to quality education.

With its strategic location, Montclair provides convenient access to major highways, making commutes to nearby cities like Ontario and Pomona a breeze. Whether you're looking for a home with an apartment for investment purposes or simply seeking a welcoming community to call your own, Montclair is a hidden gem waiting to be discovered. Come explore the possibilities today!

Newest 685 - Montclair Homes with Apartment Subtype

$10,500,000

CV26005212 MLS ⋅ Active Status

Vista Court Apartments is an exquisitely-designed, 23-unit, luxury apartment community located at the heart of Montclair, CA. Vista Court Apartments is located at 8951 Monte Vista Ave at the highly amentized corner of Arrow Highway and Monte Vista Ave, where highly desirable communities of Montclair, Claremont, and Upland merge. The property is located just 1-block from Montclair Metro Station to the North and Montclair Place Shopping Center to the south. Tenants benefit from having access to a variety of retailers, shops, and dining options like Target, Home Depot, Costco, LA Fitness, Golds Gym, Moreno Street Market Food Hall, Olive Garden, Applebee’s Chilis and many more options. Tenants also enjoy being a short 5-to-10-minute drive to frequently-travelled places like Downtown Claremont, Claremont Colleges, Victoria Gardens, Toyota Arena, and a large selection of employers found one city over in the City of Ontario, the employment hub of the Inland Empire. Vista Court Apartments was meticulously designed with modern-luxury features. Tenants at Vista Court enjoy a plethora of high-level features like gourmet kitchens with stainless steel appliances, undermount sinks, quarts counters in kitchen and bathrooms, wood plank flooring, modern bathrooms, in-unit washer and dryer, central AC, double-pane energy-efficient windows, recessed lighting, and large outdoor patio or balcony in every unit. Throughout the community, tenants enjoy access to covered/assigned secured parking, a +/-700 SF community room equipped with a kitchen, bathroom, and entertainment area for hosting, outdoor BBQ & picnic area, and ample open green space. Vista Court features 23 large apartment homes with 18 unique floorplans. The property offers 28,258 SF of rentable building space and spans across a generous 28,280 SF site. The property consists of 12, 1-Bedroom/1-Bathrooms, 2, 2-Bedroom/2-Bathrooms, and 9, 2-Bedroom/2.5-Bathroom townhouse-style apartment homes. Currently the property produces nearly $682,000 in annual rental income. Additional revenue stream from on-site parking, storage, and the community room. An experienced investor will recognize the opportunity to preserve the investment’s NOI through RUBS and other forms of aggressive management processes. A new investor also has the option to assume the existing loan from Umpqua Bank at a below market interest rate of 4.04% fixed for another 4 years.

8951 Monte Vista Ave, Montclair

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.