1222 W J Street, Ontario, CA

$1,050,000

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8

Beds

8

Baths

0.17

Acres

About 1222 W J Street

We are pleased to exclusively present an excellent investment opportunity in Ontario, California. This 4-unit multifamily property offers a prime location across from Elderberry Elementary School and sits on a well-maintained 0.17-acre lot. Built in 1962, the property features all 2-bedroom, 2-bathroom units, each approximately 875 square feet. Tenants enjoy on-site laundry and garage parking, with one garage space allocated per unit. In addition, each unit offers a private balcony or patio. Significant upgrades have been made, including a new roof in 2023, a new water heater in 2024, and new showers in two of the units. The owner is responsible for water, trash, sewer, while tenants pay for their own gas & electricity. This investment presents an excellent value-add opportunity for investors looking to capitalize on rental growth in a strong, stable market. Laundry Lease in place and Buyer to assume at closing.

Features of 1222 W J Street

MLS® # CV25045184
Price $1,050,000
Bedrooms 8
Bathrooms 8.00
Acres 0.17
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Closed

Community Information

Address 1222 W J 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 Sidewalks

Additional Information

Date Listed March 1st, 2025
Days on Market 33
Zoning Public Rec
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMARCUS & MILLICHAP

Listing Map

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