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Property Description

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.

Overview

Property Status
Sold
Date Sold
April 3, 2025
Lot Size
7,378 Sq.Ft.
MLS ID
CV25045184
Property Type
Multi-Family
Year Built
1962

Features & Amenities

Total Area
3,552 Sq.Ft.
Neighborhood
Ontario
Stories
2
Garage Spaces
4.0
Water Source
Public
Pool
None
Lot Features
16-20 Units/Acre
Heat Type
Wall Furnace
Air Conditioning
Wall/Window Unit(s)
Laundry Room
Common Area
Sewer
Public Sewer
Sales Price
$1,100,000
Maintenance Fee
$4,000/mo

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1222 W J Street

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for your interest in 1222 W J Street, Ontario, CA 91762

1222 W J Street
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