1354 Virginia Avenue, Ontario, CA 91764
- $1,300,000
- 8
- BD
- 4
- BA
- 3,344
- SqFt
- Sold Price
- $1,300,000
- List Price
- $1,300,000
- Closing Date
- May 13, 2026
- Status
- CLOSED
- MLS#
- 25593209
- Year Built
- 1963
- Bedrooms
- 8
- Bathrooms
- 4
- Living Sq. Ft
- 3,344
- Lot Size
- 7,200
- Acres
- 0.17
- Lot Location
- Front Yard, Lawn, Rectangular Lot, Yard
- Days on Market
- 18
- Property Type
- Multifamily
- Style
- Traditional
- Stories
- Two Levels
Property Description
Presenting to you your next investment opportunity in the city of Ontario. This is a fully tenant-occupied fourplex with all 2 bedroom, 1 bathroom units each with a one car garage. Some units have been updated and there is also a laundry room to generate additional monthly income. Improvements include partial sewer line replacement in 2019, a brand new roof installed in 2021, and balcony repair currently in progress in accordance to SB721 (will be completed prior to close of escrow). This property has rental income upside with a current 4.43% cap rate and a 6.12% pro-forma cap rate. Conveniently located near the freeway access, airport, shopping centers, schools, and parks. Ontario is considered one of the fastest growing cities in the Inland Empire so make this your moment to get in on an investment property here today.
Additional Information
- Appliances
- Washer
- Pool Description
- None
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- Mountain(s)
- Exterior Construction
- Stucco
- Roof
- Composition, Shingle
- Garage Spaces Total
- 4
- Sewer
- Other
- School District
- Ontario-Montclair
- Attached Structure
- Detached
- Number Of Units Total
- 4
Listing courtesy of Listing Agent: Howard Cheng (howard@sereneteam.com) from Listing Office: LPT Realty, Inc.
Listing sold by Bobak Tehranirad from Clear Mortgage Capital, Inc.
Mortgage Calculator
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.