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Multifamily

Begonia Avenue Apartments

308 N Begonia Ave, Ontario, CA 91762

Listing Price: $1,100,000

Cap Rate
3.41%
Number of Units
4
GRM
11.60
Occupancy
97.0%
Price/Unit
$275,000
Price/Gross SF
$246.42
Gross SF
4,464

Investment Overview

Marcus & Millichap Real Estate Investment Services is pleased to exclusively present a fantastic investment
opportunity located at 308 N Begonia Ave in Ontario, California. Built in 1964, this 4-unit property sits
on an 8,280-square-foot lot and offers ±4,464 square feet of building space. The property consists of all
townhome-style units, each with a 2-bedroom, 1.5-bathroom floor plan, ideal for tenants seeking spacious
and comfortable living.
Each unit features a private patio or balcony, providing additional outdoor living space. Tenants also
enjoy the convenience of detached single-car enclosed garages with one garage space allocated per unit.
Additionally, a laundry room is available, offering a valuable opportunity for the new owner to install
laundry equipment, further enhancing tenant appeal and income potential.
The property is individually metered for gas and electricity, with the owner responsible for water, sewer,
and trash. This investment offers a solid foundation for stable income, with significant potential for valueadd
through rental increases and operational enhancements.

Investment Highlights

  • All townhome-style units with 2 bedrooms and 1.5 bathrooms, with ±1,100 Sq. Ft.
  • Each unit includes a private patio or balcony
  • Individually metered for gas and electricity; owner pays for water, sewer, and trash

Exclusively Listed By

Multifamily

Begonia Avenue Apartments

Listing Price: $1,100,000

Cap Rate
3.41%
Number of Units
4
GRM
11.60
Occupancy
97.0%
Price/Unit
$275,000
Price/Gross SF
$246.42
Gross SF
4,464

Investment Highlights

  • All townhome-style units with 2 bedrooms and 1.5 bathrooms, with ±1,100 Sq. Ft.
  • Each unit includes a private patio or balcony
  • Individually metered for gas and electricity; owner pays for water, sewer, and trash

Investment Overview

Marcus & Millichap Real Estate Investment Services is pleased to exclusively present a fantastic investment opportunity located at 308 N Begonia Ave in Ontario, California. Built in 1964, this 4-unit property sits on an 8,280-square-foot lot and offers ±4,464 square feet of building space. The property consists of all townhome-style units, each with a 2-bedroom, 1.5-bathroom floor plan, ideal for tenants seeking spacious and comfortable living. Each unit features a private patio or balcony, providing additional outdoor living space. Tenants also enjoy the convenience of detached single-car enclosed garages with one garage space allocated per unit. Additionally, a laundry room is available, offering a valuable opportunity for the new owner to install laundry equipment, further enhancing tenant appeal and income potential. The property is individually metered for gas and electricity, with the owner responsible for water, sewer, and trash. This investment offers a solid foundation for stable income, with significant potential for valueadd through rental increases and operational enhancements.

Exclusively Listed By

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