For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $1,290,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV19248721
Sold Date 12/17/19
HOA Y/N No
Year Built 1948
Lot Size 0.370 Acres
Acres 0.37
Property Description
We are pleased to exclusively offer for sale this charming 7 unit single-story multi-family investment in the city of Ontario. 560 W. Vesta is comprised of three duplexes all containing spacious 1-Bedroom/1-Bathroom units, and one stand-alone 2-Bedroom/1-Bathroom Cottage. The property offers plenty of onsite parking for tenants along with a gated common space area. Majority of the units are updated with wood plank flooring in living rooms and bedrooms, and tile flooring in the kitchen and bathrooms. This well-maintained asset boasts a current cap rate of 5.26% with 18%+ upside in rental income. *This is a court ordered sale with final court approval needed.
Location
State CA
County San Bernardino
Area 686 - Ontario
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Exterior
Pool None
Community Features Curbs, Gutter(s), Sidewalks
Total Parking Spaces 10
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 1048581410000
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with KRISTOPHER GERMAN • RE/MAX 2000