431 S Euclid

Ontario, CA 91762

About this property

?Seven income-producing units with current gross scheduled rent of $84,000 annually. ?Current rents average approximately $1,000 per unit per month. ?Conservative pro forma rent of $1,600 per unit produces $134,400 annual gross scheduled income. ?Approximately $50,400 of potential annual gross rental upside. ?Manager's unit currently pays $800 per month. ?Current property tax is only approximately $910 annually due to the low assessed value. ?Central Ontario location along the Euclid Avenue corridor. ?Value-add profile suited to an investor seeking income growth over time.

About this property

?Seven income-producing units with current gross scheduled rent of $84,000 annually. ?Current rents average approximately $1,000 per unit per month. ?Conservative pro forma rent of $1,600 per unit produces $134,400 annual gross scheduled income. ?Approximately $50,400 of potential annual gross rental upside. ?Manager's unit currently pays $800 per month. ?Current property tax is only approximately $910 annually due to the low assessed value. ?Central Ontario location along the Euclid Avenue corridor. ?Value-add profile suited to an investor seeking income growth over time.

Features and Additional Information

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$1,495,000 Active
3,000 sqft

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Area Information

686 Ontario | San Bernardino County |

$ 1,495,000
This listing is play_arrow 143.0% higher than the average in the area
$ 615,150 in the area
3,000 SqFt
This listing is play_arrow 78.5% larger than the average in the area
1,681 SqFt in the area
$ 498 $/SqFt
This listing is play_arrow 36.2% more than the average in the area
$ 366 $/SqFt in the area
47 days on site
This listing is play_arrow 17.5% below the average in the area
57 days on site in the area

Schools in the Area

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    Elementary School
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Listed By Albert Pasillas
Brokerage: VYLLA HOME

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