A Fantastic Investment Property in Ontario. 1102 E. G Street is a 24-Unit Apartment Complex, comprised of 12 structures (12 duplexes style layout). Every two-units sharing only one common wall. Total Building size of 18,792 Rentable SF. and 77,101 SF. Lot Size. Very attractive unit mix with All 2 Bedrooms/ 1 Bath. This is an extremely rare investment offer. Huge upside in Rent (Approx. 15% upside in rent. Stabilized CAP Rate is over 4.70%). All units have their own garage and backyard. All units are individually metered for electricity. 24 individual water heaters. 24 attached Single Car Garage (one garage per unit). Total 17 Open Air Parking Spaces available for tenant to rent. Well maintained property. High rental demand area with very low vacancy rate. Conveniently located near the 10 & 60 Freeways. Rents are currently below market with significant upside in this Non-Rent Control area.
BRENT ROBERTS Realtor | CA BRE# 01946139 | 619-762-4883
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