820 E Richland Street Ontario, CA ^$ 1,500,000

820 E Richland Street

^$ 1,500,000

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820 E Richland Street

Ontario, CA, 91764

^$ 1,500,000

Bedrooms8 Baths4.0 Sq 3,432

Monthly Estimate*

^$ 9,969

Listed by REALTY WORLD ALL STARS

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Multi-Family Home for sale in Ontario, CA

for $1,500,000 with 8 bedrooms and 4 full baths. This 3,432 square foot home was built in 1963 on a lot size of 0.2084.

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.

Multi-Family Active

Price

^$ 1,500,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Quadruplex

Lot Size

0.2084

Year Built

1963

Town/City

Ontario

County/Region

San Bernardino

MLS | Web ID

CV24065367

Days on Market

Features

General

Interior Features AllBedroomsDown

Sewer PublicSewer

Heating WallFurnace

Cooling WallWindowUnits

Possession CloseOfEscrow

Roof Composition

Appliances WaterHeater

HOA 0.0

Garage Spaces 4.0

Pool Features None

Construction Materials Stucco

Year Built 1963

Tenant Pays Electricity Gas Other

Stories 2

Levels Two

Property SubType Quadruplex

Gross Income 63639.0

Community Features Sidewalks

County San Bernardino

Net Operating Income 5667.44

Operating Expense 422.56

Insurance Expense 1677.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Contingency none

Garage Y/N Y

Special Listing Conditions Standard

Status Active

Directions Off of Campus

City Ontario

Entry Location ground/upstairs

View Y/N N

Senior Community Y/N N

NumberOfUnitsTotal 4

MLS Area 686 - Ontario

Lot Size Units SquareFeet

Lot Size Square Feet 9079.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Richland

Listing Terms CashtoNewLoan

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 0.0

Home Warranty Y/N N

Fuel Expense 0.0

Trash Expense 0.0

Water Sewer Expense 2700.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 2

Building Area Units SquareFeet

Standard Status Active

Year Built Source Assessor

Tax Lot 4

Property Sub Type Additional Quadruplex

Interior

Flooring Carpet Tile Vinyl

Fireplace Features None

Total Stories 2

Common Walls Item1CommonWall

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Laundry Features CommonArea

Entry Level 1

Electric On Property Y/N N

Exterior

Parking Features DoorSingle Garage

Water Source Public

Total Parking 4.0

Lot Size Area 9079.0

Number of Buildings 1

Spa N

Building Area Total 3432.0

Street Suffix Street

Lot Size Acres 0.2084

Road Surface Type Paved

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 4

Number of Separate Electric Meters 4

Road Frontage Type CityStreet

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 820

* Excluded Features

List By

Realty World All Stars

Broker

(909) 942-3003

Phone

Affordability Calculator

$9,969

Per Month

Monthly Principal & Interest: $9,969
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Ontario, CA

Average List Price ^$1,843,875

Percent of Sale Price 23%

About Ontario, CA

176,325 Population

12% Since 2002

^$56,171 Median Income

33.09 Median Age

41% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/3/2024	$1,500,000		Listed Price

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820 E Richland Street, Ontario, CA, 91764 is a Multi-Family Home for sale at $1,500,000 with 3,432 sqft and a lot size of 0.2084. 820 E Richland Street has 8 bedrooms, 4.0 baths, and was built in 1963. The property's zip code is 91764 which is in Ontario, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/9/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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820 E Richland Street

Multi-Family Home for sale in Ontario, CA

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