1536 E Princeton St, Ontario, CA 91764

Property Description

We are pleased to exclusively present the Princeton Apartments. The investment offering is a 20-unit multi-family asset located at 1536 East Princeton Street in the city of Ontario, California. Built in 1983, the property consists of a two-story building, and is situated on a 0.86 acre lot with approximately 13,600 rentable square feet. The subject property has a desirable mix of 16, one-bedroom/one-bathroom units with approximately 650 square feet of living space, and four (4), two-bedroom/one-bathroom units with approximately 800 square feet of living space. The property offers ample parking with 20 covered, and 22 open parking spaces. The units are individually metered for gas and electricity. Each unit is equipped with gas ranges/ovens, stainless steel sinks, wall-to-wall carpeting, and an enclosed patio or balcony. There is central air conditioning and heating for the two-bedroom units and individual air conditioning, and wall heaters for the one-bedroom units. There is an on-site laundry room equipped with four washers, and gas dryers. The Princeton Apartments are located in one of the fastest growing cities in the nation, and offers an astute investor a well located and maintained property with excellent growth potential for years to come.