See all 6 photos
$1,475,000
Est. payment /mo
10 Beds
7 Baths
10,374 Sqft Lot
New
721 Corvette Ontario, CA 91764
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV26015948
Bedrooms 10
Lot Size 10,374 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
****1 of 3 Property Portfolio: 3241 Inland Empire Blvd, 3132 Triumph Lane**** pleased to exclusively present the opportunity to acquire a well-maintained, townhome-style multifamily investment property located at 721 North Corvette Drive in Ontario, CA, one of the Inland Empires most dynamic and rapidly growing rental markets. Constructed in 1987, this two-story, single-building asset comprises four units situated on a 0.24-acre parcel and has 4,165 square feet of rentable living area. The property features an attractive unit mix that includes 1- two-bedroom/one-bathroom townhome; 1- two-bedroom/one-and-one-half-bathroom townhome and 2- three-bedroom/one-and-one-half-bathroom townhomes. Each unit is equipped with central air conditioning and heating, in-unit washer and dryer hook-ups, dishwashers, individual hot water heaters, and separate gas and electric metering. The property benefits from copper plumbing, pitched tile roof, and select units offer a fireplace, and private patios or balconies. Parking is ample and secure with attached garages consisting of two double-car garages, two single-car garages, and four additional open spaces. The asset is also eligible for attractive 30-year fixed-rate financing and there is no HOA. Ontario is widely regarded as one of the most compelling multifamily investment markets in the Inland Empire, driven by sustained population growth, robust job creation, and relative affordability compared to coastal Southern California markets. The city offers exceptional regional connectivity via Interstates 10, 15, and 60, as well as close proximi
Location
State CA
County San Bernardino
Zoning Public Rec
Direction Turn left onto Shelby St ; Turn left onto Triumph Ln ; Slight left ; The Property is Located on the Right
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 0210411280000
Acceptable Financing Cash
Listing Terms Cash

Listed by Douglas McCauley MARCUS & MILLICHAP
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