Ontario, CA 91764 820 E Richland Street

$1,500,000

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Presented By: Doreen Orabona with REALTY WORLD ALL STARS; 909-816-7879
  • MLS# CV24065367
  • 04/02/2024
  • Request Tour
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  • Beds • 8
  • Baths • 4
  • SQFT • 3,432
  • Garage • 4

Home Details

This great Quadruplex property offers a great investment opportunity with its four units that each have 2 bedrooms and 1 bath each. Each unit also has a 1 car garage! This property includes a coin operated laundry room for all the tenants to use. The exterior has just been painted! The roof is newer and is only 2 years old. All units are rented and on a month to month. New landscaping just put in. Located with easy access to the freeway this property is also conveniently situated near plenty of shopping and restaurants, making it an attractive option for tenants. This rental income offers the potential for a steady income and a solid return on your investment. Don't miss out on this opportunity to add a high-performing property to your portfolio.
Presented By: Doreen Orabona with REALTY WORLD ALL STARS; 909-816-7879

Interior Features for 820 E Richland Street

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsItem1CommonWall
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringCarpet, Tile, Vinyl
Heating Y/NYes
Laundry FeaturesCommonArea
Street SuffixStreet
Total Stories2

Other Rooms

Entry Level1

General for 820 E Richland Street

Additional Parcels Y/NNo
AppliancesWaterHeater
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityOntario
Community FeaturesSidewalks
Construction MaterialsStucco
Contingencynone
CoolingWallWindowUnits
CountySan Bernardino
Days on Market2
DirectionsOff of Campus
Electric Expense0.0
Entry Locationground/upstairs
Fuel Expense0.0
Garage Spaces4.0
Garage Y/NYes
Gross Income63639.0
HOA0.0
HOA / Comm AssnNo
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense1677.0
Interior FeaturesAllBedroomsDown
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCashtoNewLoan
Lot Size Square Feet9079.0
MLS Area686 - Ontario
MobileHomeRemainsYNNo
Net Operating Income5667.44
New ConstructionNo
Operating Expense422.56
Pool FeaturesNone
PossessionCloseOfEscrow
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubTypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street NameRichland
Tax Lot4
Tenant PaysElectricity, Gas, Other
Total Units4
Trash Expense0.0
View Y/NNo
Water Sewer Expense2700.0
Waterfront Y/NNo
Year Built1963
Year Built SourceAssessor

Exterior for 820 E Richland Street

Building Area Total3432.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.2084
Lot Size Area9079.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesDoorSingle, Garage
Road Frontage TypeCityStreet
Road Surface TypePaved
SpaNo
Total Parking4.0
Water SourcePublic

Additional Details

Price History

Stephen Pliaconis

Pliaconis Realty Group REALTOR® DRE 02015480
Price $1,500,000
MLS#CV24065367
List Date 04/02/2024
Property Type Multi-Family
Phone 310.658.1749
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