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    1120 E Holt Blvd Ontario, CA 91762

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    For Sale
    $9,100,000

    20,207 SF building with 65 rooms, ideal for affordable housing.

    Property size:
    20,207 SF

    Property Features for 1120 E Holt Blvd

    General Information

    Size
    20,207 SF

    Building Details

    Year built
    1988

    Source: Luis Vazquez Agent Luis Vazquez

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ontario Transitional Housing Conversion Opportunity

    This 20,207 square foot building in Ontario, CA, presents a transitional housing conversion opportunity. Constructed in 1988, the well-maintained property features a concrete driveway and houses 65 rooms, making it suitable for affordable housing. The property benefits from excellent street exposure and strategic positioning. Its location near Ontario Airport and retail establishments enhances its appeal. The property offers potential tax credits and a foundation for long-term ownership. The Mayfair Inn conversion is located in an improving area with convenient access to Ontario International Airport. The property is an independent hotel with no franchise flag or franchise fees. The property has the potential for a 10 CAP with an existing regional transitional housing tenant, plus 10 years of consecutive ownership.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    MAYFAIR INN ONTARIO ... Motel

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ontario
    County
    San Bernardino
    State
    California
    Longitude
    -117.6308241
    Latitude
    34.0629127

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    FAQs

    What type of property is this?
    Hotel - 20,207 SF building with 65 rooms, ideal for affordable housing.
    Where is this hotel located?
    The property is located at 1120 E Holt Blvd Ontario, CA.
    What is the asking price?
    The asking price for this property is $9,100,000.
    What are key features of this property?
    This property features: - Potential 10 CAP with existing regional transitional housing tenant; - Potential Tax Credits for Buyer; - Ideal setup for Affordable Housing with 65 Rooms
    (310) 704-9109
    Request Owner's contact information
    1120 E Holt Blvd Ontario, CA 91762
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    Ontario, CA 91762
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1120 E Holt Blvd Ontario, CA 91762
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