123 S Cypress Avenue

    Ontario, CA 91762
    • $875,000
    • STATUS: Active
    • ON SITE: 60 days
    • ID#: IG19195661
    UPDATED: 44 min ago
    $875,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,056
      SQFT
    • $286
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1952
    County:

    School Ratings & Info

    Description

    Great income potential, this property features 4 attached units with 1 bedroom - 1 bathroom and 1 detached unit with 3 bedrooms, 1 bathroom. The large unit also has an attached one car garage with a gated private driveway. 3,056 rentable space on a 7,650 sqft foot lot. The owner is responsible for the water and trash, each building has its own gas and electrical meter tenants pay electrical and gas. All units are currently occupied, rental rate have remained the same for the last 3 year may have other possible uses, check with the city+GGs planning department.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-18T23:37:29.343. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
    www.teamforss.com/homes/98094460

    123 S Cypress Avenue Ontario, CA 91762

    • Price: $875,000
    • Status: Active
    • Updated: 44 min ago
    • ID#: IG19195661
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    3,056
    SQFT
    $286
    $/SQFT
    1952
    Built
    Neighborhood:
    686 - Ontario
    County:
    San Bernardino
    Area:
    686 - Ontario
    Property Description
    Great income potential, this property features 4 attached units with 1 bedroom - 1 bathroom and 1 detached unit with 3 bedrooms, 1 bathroom. The large unit also has an attached one car garage with a gated private driveway. 3,056 rentable space on a 7,650 sqft foot lot. The owner is responsible for the water and trash, each building has its own gas and electrical meter tenants pay electrical and gas. All units are currently occupied, rental rate have remained the same for the last 3 year may have other possible uses, check with the city+GGs planning department.
    Exterior Features

    Garage Spaces 1.00 Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 1.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features Common Area Levels One

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Sidewalks Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 58800.00 Gross Scheduled Income 58800.00 Insurance Expense 1200.00 Land Lease YN No Laundry YN Yes Net Operating Income 47765.00 New Construction YN No New Taxes Expense 7115.00 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Operating Expense 11115.00 Professional Management Expense 2300.00 Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 11115.00 Trash Expense 250.00 Utilities Electricity AvailableSewer AvailableWater Available Water Sewer Expense 250.00 Water Source Public Year Built Source Public Records

    Listing provided courtesy of Rosie Perez of Greenriver Realty Group


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-18T23:37:29.343. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
     
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