1354 Virginia Ave

Presenting to you your next investment opportunity in the city of Ontario.

This is a fully tenant-occupied fourplex with all 2 bedroom, 1 bathroom units each with a one car garage. Some units have been updated and there is also a laundry room to generate additional monthly income. Improvements include partial sewer line replacement in 2019, a brand new roof installed in 2021, and balcony repair currently in progress in accordance to SB721 (will be completed prior to close of escrow). This property has rental income upside with a current 4.43% cap rate and a 6.12% pro-forma cap rate. Conveniently located near the freeway access, airport, shopping centers, schools, and parks. Ontario is considered one of the fastest growing cities in the Inland Empire so make this your moment to get in on an investment property here today.

This home located at 1354 Virginia Ave is currently pending and has been available on pardeeproperties.com for 19 days. This property is listed at $1,300,000. It has 8 beds and 4 bathrooms. The property was built in 1963. 1354 Virginia Ave is in the Ontario community of San Bernardino County.

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