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403 E Acacia St
Ontario, CA 91761
Multifamily Property For Sale
·
9 Units
Investment Highlights
- 30% UPSIDE IN RENTAL INCOME!
- SFR Built in 1950, Remaining 8 Units Built in 1982
- Rare 23,000+ Sq. Ft. 2-Parcel Lot with Vacant Land with Room to Build
- (1) 2 Bed/1 Bath SFR & (8) 2 Bed/1 Bath Units
- Tenants Enjoy Plenty of Onsite Parking & Onsite Laundry Facility
- 4.8% Current Cap Rate | 7.02% Proforma Cap Rate | 13.34 Current GRM | 10.22 Proforma GRM
Property Facts
| No. Units | 9 | Lot Size | 0.55 AC |
| Property Type | Multifamily | Building Size | 5,180 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 1 |
| Building Class | C | Year Built | 1950 |
| Zoning | R2 | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.55 AC |
| Building Size | 5,180 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1950 |
| Zoning | R2 |
Amenities
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 9 | $1,285 | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,249,127 | |
| Land Assessment | $645,129 | Total Assessment | $1,894,256 |
Property Taxes
Parcel Numbers
Land Assessment
$645,129
Improvements Assessment
$1,249,127
Total Assessment
$1,894,256
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