For Sale Multi-Family MLS# CV26200827

431 S Euclid

Ontario, CA 91762

$1,495,000

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About 431 S Euclid

?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.

Property details

Property

Type
Multi Family
MLS type
Multi Family Home
Status
Active
Year built
1936
Stories
2
Living area
3,000 sqft
Price / sqft
$498
Lot
0.1641
Original price
$1,495
MLS #
CV26200827

Exterior & lot

Construction
2
Lot
light industrial

Schools

District
Chaffey Joint Union High School District

Utilities

Utilities
Public
Water
Public

Financial

Parcel
1049241010000
Special conditions
Standard

Location

Area
686 - Ontario
County
San Bernardino
Directions
Euclid main street

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Listed by Albert Pasillas, VYLLA HOME

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.