Property Detail

653 Belmont

Ontario CA 91762

$1,690,000

Status: Active

Property Details

Description

Great opportunity for investors in a Great neighborhood! Unique property! Total of 6 units + 1 ADU. All units are leased out with longtime tenants. All of the units have been re-piped w/Copper L Pipe. Two of the structures are duplexes, 900 ft.² each with 2 bedrooms / 1 bath each, all with driveways. Including two separate detached homes one home has a two bedroom / 1 bath with attached single car garage at 1100 ft.². The other Home has 2 bedrooms / 1 bath At 1150 ft.²with ADU that has 1 bed / 1 bath At 450 ft.²All on a large corner lot with 18,900 ft.². There is ample room for parking and RV parking. There are 2 water meters on the property. Each unit has their own separate electric and gas meters. The cap rate is at 6% with room for increased rents. Price to sell!!

Map Location

Stowell & Associates

Stowell & Associates

CA DRE# 01397481
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