1027 W E St | Ontario, CA 91762
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- LoopNet Team
1027 W E St
Ontario, CA 91762
Mountain View Apartments · Multifamily Property For Sale · 12 Units
INVESTMENT HIGHLIGHTS
- Excellent Ontario Rental Location – Between 10 & 60 Freeways off Mountain Avenue
- Two Six-Unit Buildings, Totaling ±11,044 Rentable SF, Situated on a Corner ±17,001 SF Lot
- Offer at 3.78% Cap Rate on Current Income- 7.39% Cap Rate with Rent Increases
- Partially Upgraded Units with Positive Rent Growth Potential – Upon a Complete Remodel, Rents are Looking to Grow Approximately 58% to Achieve Market
- All 2-Bedroom/1-Bathroom Units, Approximately 920 SF
- Professionally Managed Well Maintained Property – New Exterior Paint with Termite Completion, Carport Roof Redone in the Past 5 Years
PROPERTY FACTS
| No. Units | 12 | Lot Size | 0.39 AC |
| Property Type | Multifamily | Building Size | 11,044 SF |
| Property Subtype | Apartment | Number of Floors | 2 |
| Apartment Style | Low-Rise | Year Built | 1961 |
| Building Class | C | Parking Ratio | 1.08/1,000 SF |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.39 AC |
| Building Size | 11,044 SF |
| Number of Floors | 2 |
| Year Built | 1961 |
| Parking Ratio | 1.08/1,000 SF |
UNIT AMENITIES
- Air Conditioning
- Storage Space
- Heating
- Tile Floors
- Granite Countertops
- Wooden Floors
- Oven
- Tub/Shower
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | Avg. Rent.Mo | SF |
|---|---|---|---|
| 2+1 | 12 | £1,593 | 920 |
PROPERTY TAXES
| Parcel Number | 1010-463-04 | Improvements Assessment | £1,298,908 |
| Land Assessment | £139,267 | Total Assessment | £1,438,176 |
PROPERTY TAXES
Parcel Number
1010-463-04
Land Assessment
£139,267
Improvements Assessment
£1,298,908
Total Assessment
£1,438,176
ZONING
| Zoning Code | R3 |
| R3 |
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