1405 E 4th St - Apartments FOR SALE


Ontario, CA 91764
$9,000,000 USD
626-705-3509
1405 E 4th St, Ontario, CA for Sale
$9,000,000 USD
Apartments - FOR SALE
1/9
null | Request Cap Rate

1405 E 4th St
Ontario, CA 91764


HIGHLIGHTS

  • Potential tax credit property
  • Excellent Street Exposure very close to the Ontario Airport and popular retail establishments
  • 50 Units within a 32,000 SF Building
  • Well Maintained Property with Concrete Driveway on a 1 acre lot
  • Proximity to Top Performing Grocery-Anchored Center

OVERVIEW

This affordable housing Conversion opportunity offers a three-story building with 50 rooms, located in a prime area near Ontario International Airport in Ontario, CA. Situated on a spacious 1-acre lot, the property spans 32,000 square feet, and was originally built in 1981. Given its strategic location and potential for further development, this project may qualify for tax credits, enhancing its financial appeal. The surrounding area is a growing hub with convenient access to transportation shopping, and dining, making it a fantastic investment for those looking to contribute to the affordable housing market in a thriving community.

FOR SALE DETAILS

PRICE

$9,000,000 USD

PRICE/SF

$277 USD /SF

# OF UNITS

50

PRICE/UNIT

$180,000

CAP RATE

Request Cap Rate

% LEASED

-

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

AFFORDABLE HOUSING CONVERSION OPPORTUNITY

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C2, Ontario

APN/PARCEL ID

0108-381-32

ASK ABOUT THIS PROPERTY

Henry LiuSPERRY - Gateway GroupMore Info
626-705-3509

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Henry LiuSPERRY - Gateway GroupMore Info
626-705-3509

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.