308 N Begonia Ave - Apartments FOR SALE


Ontario, CA 91762
$1,100,000 USD
909-456-7013
308 N Begonia Ave, Ontario, CA for Sale
$1,100,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

308 N Begonia Ave
Ontario, CA 91762


HIGHLIGHTS

  • All townhome-style units with 2 bedrooms and 1.5 bathrooms, with +- 1,100 Sq. Ft.
  • Detached single-car garage for each unit
  • Individually metered for gas & electricity, owner pays for water, sewer and trash.
  • Long term tenants
  • Value Add Opportunity

OVERVIEW

Marcus & Millichap Real Estate Investment Services is pleased to exclusively present a fantastic investment opportunity located at 308 N Begonia Ave in Ontario, California. Built in 1964, this 4-unit property sits on an 8,280-square-foot lot and offers ±4,464 square feet of building space. The property consists of all townhome-style units, each with a 2-bedroom, 1.5-bathroom floor plan, ideal for tenants seeking spacious and comfortable living. Each unit features a private patio or balcony, providing additional outdoor living space. Tenants also enjoy the convenience of detached single-car enclosed garages with one garage space allocated per unit. Additionally, a laundry room is available, offering a valuable opportunity for the new owner to install laundry equipment, further enhancing tenant appeal and income potential. The property is individually metered for gas and electricity, with the owner responsible for water, sewer, and trash. This investment offers a solid foundation for stable income, with significant potential for value-add through rental increases and operational enhancements. Please do not disturb tenants, walk and/or talk to anyone at the property. An interior inspection will only take place upon an accepted offer. Please reach out to listing agents for additional information

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$246 USD /SF

# OF UNITS

4

PRICE/UNIT

$275,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Begonia Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

4

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

1010-521-22

ASK ABOUT THIS PROPERTY

Kevin StruveMarcus & MillichapMore Info
909-456-7013

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Kevin StruveMarcus & MillichapMore Info
909-456-7013

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