653 W Belmont Street, Ontario, CA 91762

$1,500,000

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Sold Price
$1,500,000
List Price
$1,690,000
Closing Date
Nov 19, 2025
Status
CLOSED
MLS#
OC25184094
Year Built
1947
Lot Size
18,900
Acres
0.43
Lot Location
6-10 Units/Acre
Days on Market
28
Property Type
Multifamily
Property Sub Type
Duplex
Stories
One Level

Property Description

Great opportunity for investors in a Great neighborhood! Unique property! Total of 6 units + 1 ADU. All units are leased out with longtime tenants. All of the units have been re-piped w/Copper L Pipe. Two of the structures are duplexes, 900 ft.² each with 2 bedrooms / 1 bath each, all with driveways. Including two separate detached homes one home has a two bedroom / 1 bath with attached single car garage at 1100 ft.². The other Home has 2 bedrooms / 1 bath At 1150 ft.²with ADU that has 1 bed / 1 bath At 450 ft.²All on a large corner lot with 18,900 ft.². There is ample room for parking and RV parking. There are 2 water meters on the property. Each unit has their own separate electric and gas meters. The cap rate is at 6% with room for increased rents. Price to sell!!

Additional Information

Pool Description
None
Garage Spaces Total
1
Sewer
Sewer Tap Paid
Water
Public
Attached Structure
Attached
Number Of Units Total
6
Gross Scheduled Income
$125,940
Operating Expense
19280

Listing courtesy of Listing Agent: Barbie Hartig (BarbieYourRealtor4Life@gmail.com) from Listing Office: Option West Realty.

Listing sold by Barbie Hartig from Option West Realty

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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.