114 Campus AveOntario, CA 91761

Property Details for 114 Campus Ave

Year built

1910

Construction

WOOD

Lot size

0.22 AC

Property size (Sq ft)

878 SF

Property type

Retail properties

Property subtype

Retail space

APN

1049-094-05-0000

APU

1049094050000

Description

This exceptional mixed-use investment property in Ontario, California, presents a compelling opportunity. The offering encompasses three parcels (1049-094-05, 06, & 07) totaling 0.44 acres, strategically located at 114 S Campus Ave, just south of Holt Blvd. The property includes two single-family residences and a commercial storefront building with on-site parking. Its prime location offers convenient access to major transportation arteries, including Interstates 10 and 60, and Ontario International Airport. The property benefits from its proximity to the burgeoning Downtown Ontario Revitalization Plan, suggesting significant future growth potential. The mixed-use zoning allows for a high density of 40 dwelling units per acre, presenting a substantial upside for future development. The existing structures offer immediate income potential through renovation and lease-up at market rents. This is a rare chance to acquire a value-add property with significant upside in a rapidly developing area. The asking price is $1,700,000.

• CAP approach

  CAP return

  Valuation

  6%

  $321,457

  6.5%

  $296,730

  7%

  $275,535

• Comparable approach

  Method

  Valuation

  Relative Method

  $375,141

  Geo Method

  $638,204

• Alternative Use

  Use

  Valuation

  Residential

  $250,303

  Hospitality

  $229,276

  Educational

  $190,755

  Medical

  $197,315

  Retail

  $296,730

Location Insight

City

Ontario

County

San Bernardino

State

California

Latitude

34.0628

Longitude

-117.642

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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