522 N Parkside DR new Save Request In-Person Tour Request Virtual Tour
Ontario,CA 91764
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID HD25236838
Year Built 1965
Lot Size 0.344 Acres
Property Sub-Type Quadruplex
Property Description
**Excellent Investment Opportunity – 4-Unit Property in Prime Ontario Location**
Well-maintained and fully occupied, this 4-unit multifamily property is a rare find in the heart of Ontario. Each unit offers 2 spacious bedrooms and 1.5 bathrooms, with reliable tenants already in place—perfect for immediate income generation. Situated on a large 15,000 sq ft lot, the property features a generous front yard and private backyard area behind the units, providing ample outdoor space for tenant enjoyment.
Recent upgrades include: *New concrete driveway, *Expanded parking area, *New perimeter fence, *Some units include updated interiors.
Each unit includes a dedicated detached carport, plus additional driveway parking. All units are separately metered for gas and electricity—tenants pay their own utilities; owner covers water and trash. Conveniently located near the 10 Freeway, Ontario International Airport, Ontario Mills Mall, schools, parks, and major shopping centers, this property offers excellent rental demand and long-term growth potential. A solid investment offering strong current cash flow, future upside potential, and an approximate 5.6% cap rate.
Location
State CA
County San Bernardino
Area 686 - Ontario
Interior
Heating None
Cooling Wall/Window Unit(s)
Flooring Laminate,Vinyl
Fireplaces Type None
Laundry None
Exterior
Parking Features Covered,Carport
Pool None
Community Features Urban
Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
View Y/N No
View None
Roof Type Composition
Building
Story 1
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Cash to New Loan
Listing Terms Cash,Cash to New Loan
Special Listing Condition Standard