Property Detail

Description

****1 of 3 Property Portfolio: 721 Corvette Drive, 3132 Triumph Lane**** Pleased to exclusively present the opportunity to acquire a well-maintained, townhome-style multifamily investment property located at 3241 Inland Empire Boulevard in Ontario, CA, one of the Inland Empire’s most dynamic and rapidly growing rental markets. Built in 1987, this two-story, single-building asset comprises four units on a 0.25-acre parcel and has 3,980 rentable square feet. The property features an attractive unit mix of 2- three-bedroom/one-and-one-half-bathroom townhomes and 2- two-bedroom/one-bathroom townhomes. These spacious, multi-level floorplans provide a compelling alternative to single-family rentals and support strong, durable tenant demand. Each unit is equipped with central air conditioning and heating, in-unit washer and dryer hook-ups, dishwashers, individual hot water heaters, and separate gas and electric metering. The property benefits from copper plumbing, pitched tile roof, and select units offer a fireplace and private patios or balconies. Parking is ample and secure with four attached double car garages and four additional open spaces. The asset is also eligible for attractive 30-year fixed-rate financing and there is no HOA. Ontario is widely regarded as one of the most compelling multifamily investment markets in the Inland Empire, driven by sustained population growth, robust job creation, and relative affordability compared to coastal Southern California markets. The city offers exceptional regional connectivity via Interstates 10, 15, and 60, as well as close proximity to Ontario International Airport, a major logistics and transportation hub. Ontario’s diverse employment base is anchored by logistics and distribution, healthcare, education, manufacturing, and public-sector employment, providing a stable and expanding tenant base. With strong renter demand, a growing employment base, and a business-friendly environment, Ontario offers investors the opportunity to acquire multifamily assets in a high-growth Southern California market while maintaining a more accessible entry point than Los Angeles or Orange County. This offering represents an excellent opportunity to acquire a well-located, townhome-style apartment property with desirable unit features, strong tenant appeal, and long-term upside in one of the Inland Empire’s most resilient and affordable rental markets.