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1228 Rosewood Court, Ontario, CA 91762
Priced at Only: $1,170,000
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Address: 1228 Rosewood Court, Ontario, CA 91762
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  • MLS#: CV26054876 ( Quadruplex )
  • Street Address: 1228 Rosewood Court
  • Viewed: 1
  • Price: $1,170,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1962
  • Bldg sqft: 0
  • Days On Market: 37
  • Additional Information
  • County: SAN BERNARDINO
  • City: Ontario
  • Zipcode: 91762
  • Provided by: MARCUS & MILLICHAP
  • Contact: Douglas Douglas
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    *** Please call or text for Offering Memorandum *** Pleased to exclusively present the opportunity to acquire 1228 West Rosewood Court, a 4 unit multifamily investment property located in the City of Ontario, California. Constructed in 1962, the property is sits on a 7,560 square foot parcel with a total building area of 3,672 square feet and is conveniently situated just west of Mountain Avenue and south of 4th Street. The parking consists of four single car garages and five additional open parking spaces. Each unit includes tile flooring throughout and window air conditioning. Three of the four units have private patios. All units are individually metered for gas and electricity and there is a central hot water heater. The property also features a vacant on site laundry room ready for machine installation, creating an opportunity for additional income. The offering is ideally located within close proximity to major transportation corridors, providing residents with convenient access throughout the Inland Empire and surrounding counties. Ontario continues to experience strong economic growth supported by logistics, warehousing, and distribution industries, largely driven by the continued expansion of Ontario International Airport. The airport serves as a major regional employment hub and economic driver, strengthening rental demand in the surrounding neighborhoods. With a 28% rental upside, this property benefits from convenient access to major retail and lifestyle amenities, including Ontario Mills and Toyota Arena, offering residents a variety of shopping, dining, and entertainment options. With continued population growth, rising housing costs across Southern California, and limited new small multifamily supply in established neighborhoods, Ontario remains an attractive rental market
Features
Building Area Total
  1. 3672.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Country
  1. US
Days On Market
  1. 32
Electric Expense
  1. 321.00
Entry Location
  1. Drive-By
Fuel Expense
  1. 2545.00
Garage Spaces
  1. 4.00
Gardner Expense
  1. 490.00
Insurance Expense
  1. 3783.00
Laundry Features
  1. See Remarks
Levels
  1. Two
Lot Features
  1. Lot 6500-9999
Netoperatingincome
  1. 49337.00
Newtaxesexpense
  1. 12847.00
Otherexpense
  1. 200.00
Otherexpensedescription
  1. MISC
Parcel Number
  1. 1010131310000
Pool Features
  1. None
Property Type
  1. Quadruplex
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 458443151:CRM
Totalexpenses
  1. 32398.00
Trash Expense
  1. 7612.00
Uncovered Spaces
  1. 5.00
Vacancyallowance
  1. 825
Water Sewer Expense
  1. 0.00
Water Source
  1. Public
Year Built
  1. 1962
Year Built Source
  1. Public Records
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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