431 S Euclid, Ontario, CA 91762
- $1,495,000
- List Price
- $1,495,000
- Price Change
- ▲ $1,493,505 1789441110
- Status
- ACTIVE
- MLS#
- CV26200827
- Year Built
- 1936
- Lot Size
- 7,150
- Acres
- 0.16
- Lot Location
- 6-10 Units/Acre, Street Level
- Days on Market
- 3
- Property Type
- Commercial
- Property Sub Type
- Multi Family
Property Description
?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.
Additional Information
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 7
Listing courtesy of Listing Agent: Albert Pasillas (albertsellsre@gmail.com) from Listing Office: VYLLA HOME.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.