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522 N Parkside Dr Ontario, CA 91764

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For Sale
$1,420,000

Well-maintained 4-unit property in a prime Ontario location.

Lot size:
0.34 Acres

Property Features for 522 N Parkside Dr

General Information

Property type
Investment
Standard status
Active
Lot size
0.34 Acres

Building Details

Year built
1965

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Listing Contact
Kuo Shyu
Source: Elliman

Listing Agency: Kuo K Shyu, Broker Listing Agent: Kuo Shyu

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

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Overview

Ontario Multifamily Investment Opportunity

This well-maintained, fully occupied 4-unit multifamily property is located in Ontario. Each unit features 2 bedrooms and 1.5 bathrooms. The property is situated on a 15,000 sq ft lot with a front yard and a private backyard area behind the units. Recent upgrades include a new concrete driveway, an expanded parking area, and a new perimeter fence. Some units feature updated interiors. Each unit includes a dedicated detached carport, plus additional driveway parking. All units are separately metered for gas and electricity, with tenants paying their own utilities, while the owner covers water and trash. The property is conveniently located near the 10 Freeway, Ontario International Airport, Ontario Mills Mall, schools, parks, and major shopping centers. This investment offers current cash flow, future upside potential, and an approximate 5.6% cap rate.
Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

Location Insight

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City
Ontario
County
San Bernardino
State
California
Longitude
-117.629624
Latitude
34.069473

FAQs

What type of property is this?
Quadplex - Well-maintained 4-unit property in a prime Ontario location.
Where is this quadplex located?
The property is located at 522 N Parkside Dr Ontario, CA.
What is the asking price?
The asking price for this property is $1,420,000.
What are key features of this property?
This property features: - Fully occupied 4-unit property generating immediate income.; - Prime Ontario location near the 10 Freeway, Ontario International Airport, Ontario Mills Mall, schools, and parks.; - Large 15,000 sq ft lot with generous front yard and private backyard area.
More about this property
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