1027 W E ST Ontario, CA 91762
11,044 SqFt
UPDATED:
10/28/2024 07:27 PM
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 11,044 sqft
Price per Sqft $253
MLS Listing ID CV24214918
HOA Y/N No
Year Built 1961
Lot Size 0.390 Acres
Property Description
Mountain View Apartments is located in Ontario, a high-demand market with a rapidly growing population. Tenant’s 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 you’re a first-time investor, seasoned professional, or seeking a 1031 exchange, Mountain View Apartments presents a lucrative investment choice and valuable long-term asset.
Location
State CA
County San Bernardino
Area 686 - Ontario
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Common Area
Exterior
Carport Spaces 12
Pool None
Community Features Curbs, Sidewalks
Total Parking Spaces 12
Private Pool No
Building
Lot Description 11-15 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 1010463040000
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Lease Land No
