1228 W Rosewood Court, Ontario, CA 91762

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Sold Price
$1,050,000
List Price
$1,080,000
Closing Date
May 14, 2026
Status
CLOSED
MLS#
CV26054876
Year Built
1962
Lot Size
7,560
Acres
0.17
Days on Market
37
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
Two Levels

Property Description

*** Please call or text for Offering Memorandum *** Pleased to exclusively present the opportunity to acquire 1228 West Rosewood Court, a 4-unit multifamily investment property located in the City of Ontario, California. Constructed in 1962, the property is sits on a 7,560 square foot parcel with a total building area of 3,672 square feet and is conveniently situated just west of Mountain Avenue and south of 4th Street. The parking consists of four single-car garages and five additional open parking spaces. Each unit includes tile flooring throughout and window air conditioning. Three of the four units have private patios. All units are individually metered for gas and electricity and there is a central hot water heater. The property also features a vacant on-site laundry room ready for machine installation, creating an opportunity for additional income. The offering is ideally located within close proximity to major transportation corridors, providing residents with convenient access throughout the Inland Empire and surrounding counties. Ontario continues to experience strong economic growth supported by logistics, warehousing, and distribution industries, largely driven by the continued expansion of Ontario International Airport. The airport serves as a major regional employment hub and economic driver, strengthening rental demand in the surrounding neighborhoods. With a 27%+ rental upside, this property benefits from convenient access to major retail and lifestyle amenities, including Ontario Mills and Toyota Arena, offering residents a variety of shopping, dining, and entertainment options. With continued population growth, rising housing costs across Southern California, and limited new small-multifamily supply in established neighborhoods, Ontario remains an attractive rental market

Additional Information

Pool Description
None
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$82,560
Operating Expense
30431

Listing courtesy of Listing Agent: Douglas McCauley (doug.mccauley@marcusmillichap.com) from Listing Office: MARCUS & MILLICHAP.

Listing sold by Donna Landaverde from Synergy Real Estate

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Calculator source: Real Geeks

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.