Skip To Content

820 E Richland Street

Ontario, CA 91764
  • $1,250,000
  • STATUS: Active
  • ON SITE: 254 Days
  • ID#: CV24065367
UPDATED: 64 min ago
$1,250,000
  • 0
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1963
County:

School Ratings & Info

Listing Agent(s): Doreen Orabona of REALTY WORLD ALL STARS (909-942-3003) and Kimberlee Pelletier of ()


Description

Price Improvement!! This great Quadruplex property offers a great investment opportunity with its four units that each have 2 bedrooms and 1 bath each. Each unit also has a 1 car garage! This property includes a coin operated laundry room for all the tenants to use. The exterior has just been painted! The roof is newer and is only 2 years old. All units are rented and on a month to month. New landscaping just put in. Located with easy access to the freeway this property is also conveniently situated near plenty of shopping and restaurants, making it an attractive option for tenants. This rental income offers the potential for a steady income and a solid return on your investment. Don't miss out on this opportunity to add a high-performing property to your portfolio.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-12-13T11:26:06.693. 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 CFC Realty, Inc. Licensed in the State of California, USA.
www.cfc-realty.com/homes/149132643
Print Image

820 E Richland Street Ontario, CA 91764

  • Price: $1,250,000
  • Status: Active
  • On Site: 254 Days
  • Updated: 64 min ago
  • ID#: CV24065367
0
Beds
0
Baths
0
½ Baths
0.21
Acres
1963
Built
Neighborhood:
686 - Ontario
County:
San Bernardino
Area:
686 - Ontario
Property Description
Price Improvement!! This great Quadruplex property offers a great investment opportunity with its four units that each have 2 bedrooms and 1 bath each. Each unit also has a 1 car garage! This property includes a coin operated laundry room for all the tenants to use. The exterior has just been painted! The roof is newer and is only 2 years old. All units are rented and on a month to month. New landscaping just put in. Located with easy access to the freeway this property is also conveniently situated near plenty of shopping and restaurants, making it an attractive option for tenants. This rental income offers the potential for a steady income and a solid return on your investment. Don't miss out on this opportunity to add a high-performing property to your portfolio.
Exterior Features

Construction Materials Stucco Entry Level 1 Entry Location ground/upstairs Number Of Separate Electric Meters 4 Parking Features Door-SingleGarage Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof Composition

Interior Features

Appliances Water Heater Common Walls 1 Common Wall Cooling Wall/Window Unit(s) Cooling YN Yes Fireplace Features None Fireplace YN No Flooring CarpetTileVinyl Heating Wall Furnace Heating YN Yes Interior Features All Bedrooms Down

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Sidewalks Contingency none Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 63639 Gross Scheduled Income 73080 Insurance Expense 1677 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash to New Loan Net Operating Income 5667.44 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 422.56 Possession Close Of Escrow Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGasOther Total Actual Rent 6090 Trash Expense 0 Vacancy Allowance 0 Water Sewer Expense 2700 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-12-13T11:26:06.693. 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 CFC Realty, Inc. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_4_372579950-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_4_372579950-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_4_372579950-2.jpg
Logo
CFC Realty, Inc
931 Pueblo Drive
Lake Havasu City AZ, 86406
Listing Agent(s): Doreen Orabona of REALTY WORLD ALL STARS (909-942-3003) and Kimberlee Pelletier of ()