1027 W E Street, Ontario, CA

$2,800,000

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2

Beds

1

Bath

0.39

Acres

About 1027 W E Street

We are proud to present the Mountain View Apartments, a 12- Unit multifamily property, located at 1027 W E Street in the City of Ontario. The Mountain View Apartments is an excellent investment opportunity situated on the corner of N Palmetto Avenue and West E Street. Mountain View Apartments is located in Ontario, a high-demand market with a rapidly growing population. Tenants benefits from unparalleled convenience and accessibility to major retailers like Walmart, Costco, Raising Canes, Target, and a variety of restaurants, malls, parks, banks, and fitness centers nearby as well as essential services like Kaiser Permanente Medical Center. Within a 10-mile radius, are popular attractions like Victoria Gardens, Top Golf, Toyota Arena, and Claremont Village. The property is also located within a 25-mile radius of several notable SoCal attractions in San Gabriel Valley, Anaheim, and Riverside. Mountain View Apartments, a 12-unit complex, offers all 2B/1B units for a total of 11,044 square feet of living space on a 17,001 square foot lot. Convenient parking is provided for all residents with 12 carports. Recent upgrades include a new roof, exterior renovations, and termite treatment. Over half of the units feature modern interiors with granite countertops, wood flooring in the living rooms, and tile flooring in the bathrooms and kitchens. The average unit size is 920 square feet. Mountain View Apartments offers a stable and profitable investment opportunity with 58% rental growth potential to achieve market rents. Whether youre a first-time investor, seasoned professional, or

Features of 1027 W E Street

MLS® # CV24214918
Price $2,800,000
Bedrooms 2
Bathrooms 1.00
Acres 0.39
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Closed

Community Information

Address 1027 W E Street
City Ontario
County San Bernardino
State CA
Zip Code 91762

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Cooling Wall/Window
Fireplace Yes
Stories 2 Story

Exterior

Lot Description Curbs,Sidewalks

Additional Information

Date Listed October 16th, 2024
Days on Market 134
Zoning Assessor
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCB RICHARD ELLIS

Listing Map

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