1222 W J Street

Property Description

We are pleased to exclusively present an excellent
investment opportunity in Ontario, California. This 4-unit multifamily property offers a prime location
across from Elderberry Elementary School and sits on a well-maintained 0.17-acre lot. Built in 1962, the
property features all 2-bedroom, 2-bathroom units, each approximately 875 square feet.
Tenants enjoy on-site laundry and garage parking, with one garage space allocated per unit. In addition,
each unit offers a private balcony or patio. Significant upgrades have been made, including a new roof in
2023, a new water heater in 2024, and new showers in two of the units. The owner is responsible for water,
trash, sewer, while tenants pay for their own gas & electricity.
This investment presents an excellent value-add opportunity for investors looking to capitalize on rental
growth in a strong, stable market. Laundry Lease in place and Buyer to assume at closing.

Overview

Property Status

Sold

Date Sold

April 3, 2025

Lot Size

7,378 Sq.Ft.

MLS ID

CV25045184

Property Type

Multi-Family

Year Built

1962

Are you interested?

Schedule a Tour

Xenia Chao

(626) 233-5391 [email protected]

Features & Amenities

Total Area

3,552 Sq.Ft.

Neighborhood

Ontario

Stories

Garage Spaces

4.0

Water Source

Public

Pool

None

Lot Features

16-20 Units/Acre

Heat Type

Wall Furnace

Air Conditioning

Wall/Window Unit(s)

Laundry Room

Common Area

Sewer

Public Sewer

Sales Price

$1,100,000

Maintenance Fee

$4,000/mo

Schedule a Tour

We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

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Thank you

for your interest in 1222 W J Street, Ontario, CA 91762

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