For more information regarding the value of a property, please contact us for a free consultation.
622 N Vine 622-630 AVE Ontario, CA 91762
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $1,185,000
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 3,792 sqft
Price per Sqft $312
MLS Listing ID OC23124376
Year Built 1953
Lot Size 5,183 Sqft
Property Description
NOI INCREASE OF 28% with room for VALUE ADD!! Exciting Investment Potential at 622-630 N Vine Ave. This exceptional property consisting of 5 units presents a lucrative opportunity for investors. Located just a few blocks from Euclid Avenue, it features a mix of three spacious 1-bed/1-bath units and two generous 2-bed/1-bath units. Each unit is accompanied by its own private garage, additional on-site parking spaces, and convenient access to a dedicated coin-operated laundry room. All units have been updated with durable tile flooring, windows, bathrooms, and with 4 out of 5 of them with newer kitchens. This multifamily property enjoys the benefit of reliable, timely-paying tenants, further enhancing its appeal. This property benefits from a prime location in Ontario, offering convenient proximity to a wide array of shops, dining establishments, and entertainment venues. As a result, it stands as a highly sought-after investment opportunity in the area.
Location
State CA
County San Bernardino
Area 686 - Ontario
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Tile
Fireplaces Type None
Laundry Common Area
Exterior
Garage Garage, On Site, On Street
Garage Spaces 5.0
Garage Description 5.0
Fence Block, Good Condition, Wrought Iron
Pool None
Community Features Curbs, Gutter(s), Street Lights, Sidewalks
Utilities Available Natural Gas Available, Natural Gas Connected, Water Available, Water Connected
View Y/N Yes
View Neighborhood
Roof Type Shingle
Building
Lot Description 2-5 Units/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition Standard
Read Less
Bought with Mary Saied • Keller Williams R. E. Services
Get More Information
- Homes For Sale in Fresno, CA
- Homes For Sale in Clovis, CA
- Homes For Sale in Madera, CA
- Homes For Sale in Sanger, CA
- Homes For Sale in Fowler, CA
- Homes For Sale in Kerman, CA
- Homes For Sale in Kingsburg, CA
- Homes For Sale in Selma, CA
- Homes For Sale in Friant, CA
- Homes For Sale in Visalia, CA
- Homes For Sale in Chowchilla, CA
- Homes For Sale in Coalinga, CA
- Homes For Sale in Merced, CA