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This Multifamily Property is no longer advertised on LoopNet.com.
1027 W E St
Ontario, CA 91762
Mountain View Apartments · Multifamily Property For Sale
·
12 Units

Investment Highlights
- Excellent Ontario Rental Location – Between 10 & 60 Freeways off Mountain Avenue
- Two Six-Unit Buildings, Totaling ±11,044 Rentable SF, Situated on a Corner ±17,001 SF Lot
- Offer at 3.78% Cap Rate on Current Income- 7.39% Cap Rate with Rent Increases
- Partially Upgraded Units with Positive Rent Growth Potential – Upon a Complete Remodel, Rents are Looking to Grow Approximately 58% to Achieve Market
- All 2-Bedroom/1-Bathroom Units, Approximately 920 SF
- Professionally Managed Well Maintained Property – New Exterior Paint with Termite Completion, Carport Roof Redone in the Past 5 Years
Property Facts
| No. Units | 12 | Lot Size | 0.39 AC |
| Property Type | Multifamily | Building Size | 11,044 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1961 |
| Building Class | C | Parking Ratio | 1.08/1,000 SF |
| Zoning | R3 | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.39 AC |
| Building Size | 11,044 SF |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 1.08/1,000 SF |
| Zoning | R3 |
Amenities
Unit Amenities
- Air Conditioning
- Storage Space
- Heating
- Tile Floors
- Granite Countertops
- Hardwood Floors
- Oven
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 12 | $1,593 | 920 |
Links
Property Taxes
| Parcel Number | 1010-463-04 | Improvements Assessment | $1,715,041 |
| Land Assessment | $183,885 | Total Assessment | $1,898,926 |
Property Taxes
Parcel Number
1010-463-04
Land Assessment
$183,885
Improvements Assessment
$1,715,041
Total Assessment
$1,898,926
Listing ID: 33527143
Date on Market: 10/15/2024
Last Updated:
Address: 1027 W E St, Ontario, CA 91762
The Ontario Multifamily Property at 1027 W E St, Ontario, CA 91762 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
MULTIFAMILY PROPERTIES IN NEARBY NEIGHBORHOODS
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