Thank you
Kai Kim
eXp Realty of California Inc
888-584-9427
NOI INCREASE OF 28% with room for VALUE ADD!! Exciting Investment Potential at 622-630 N Vine Ave. This exceptional property consisting of 5 units presents a lucrative opportunity for investors. Located just a few blocks from Euclid Avenue, it features a mix of three spacious 1-bed/1-bath units and two generous 2-bed/1-bath units. Each unit is accompanied by its own private garage, additional on-site parking spaces, and convenient access to a dedicated coin-operated laundry room. All units have been updated with durable tile flooring, windows, bathrooms, and with 4 out of 5 of them with newer kitchens. This multifamily property enjoys the benefit of reliable, timely-paying tenants, further enhancing its appeal. This property benefits from a prime location in Ontario, offering convenient proximity to a wide array of shops, dining establishments, and entertainment venues. As a result, it stands as a highly sought-after investment opportunity in the area.
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Water Source : Public
Sewer : Public Sewer
Roof : Shingle
Interior Features: Ceiling Fan(s),Quartz Counters,Bedroom on Main Level
Windows: Insulated Windows
Property Appliances: Gas Oven
Fireplace: None
Flooring: Tile
Wall/Window Unit(s)
Air Conditioning
Wall Furnace
Has Heating
Fireplace Features: None
Has Fireplace: 0
Year Built: 1953
Building Area Total: 3,792
Construction: Stucco,Wood Siding
Roof: Shingle
Parking
None
Common Area
Block,Good Condition,Wrought Iron
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.119
Lot Size Source: Assessor
Lot Size Square Feet: 5184
Original List Price: 1,350,000
Listing Contract Date: 2023-07-13
Listing Agreement: Exclusive Right To Sell
Parcel Number: 1048341060000
Garage Description: Garage,On Site,On Street
Lease Term: Negotiable
Tenant Pays: Electricity,Gas
Source Listing Status: Active Under Contract
Source Neighborhood: 686 - Ontario
Postal Code Plus 4: 3136
Directions: Please check navigation
Source Property Type: Residential Income
Area: 686 - Ontario
Property SubType: Mixed Use
Property Age: 71
Common Walls: 2+ Common Walls
Property Condition: Updated/Remodeled
Structure Type: Mixed Use
Year Built Source: Other
Entry Level: 1
Entry Location: Off Vine
Property Attached: Yes
Levels or Stories: One
Building Total Stories: 1
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
890 S Magnolia Avenue, Ontario, CA,91762 | $4,200,000 | -- | -- | -- | 69000 Sqft |
716 W Phillips Street #15, Ontario, CA,91762 | $6,700,000 | 30 | -- | 17,071 | 46282 Sqft |
300 W Saint Andrews Str.., Ontario, CA,91762 | $899,000 | 4 | 3 | 3,405 | 7320 Sqft |
514 W Ralston Street, Ontario, CA,91762 | $749,900 | 4 | 4 | 1,920 | 7700 Sqft |
Phillips, Ontario, CA,91762 | $3,225,000 | -- | -- | -- | 179902.8 Sqft |
2064 S Magnolia Avenue, Ontario, CA,91762 | $2,679,000 | -- | -- | -- | 204732 Sqft |
1055 W Francis Street #F, Ontario, CA,91762 | $289,900 | 1 | 1 | 585 | 585 Sqft |
961 W Holt Boulevard, Ontario, CA,91762 | $850,000 | -- | -- | 3,208 | 23000 Sqft |
961 W Holt Boulevard, Ontario, CA,91762 | $850,000 | 5 | -- | 3,208 | 23000 Sqft |
1401 N Elderberry, Ontario, CA,91762 | $445,000 | 2 | 1 | 1,012 | 232 Acres |
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ByOwner last updated this listing 05/06/2024 @ 21:21
MLS: OC23124376
LISTED BY: Kai Kim, eXp Realty of California Inc
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.