1859 E Rosewood Ct, Ontario, CA 91764

Property Description

3 unit residential property located in the City of Ontario. The subject property is a Townhouse style complex with 3(3 bed/1.5 bath) built in 1978. All units have covered and uncovered parking spaces. Utilities are separately metered for gas and electricity. Tenants enjoy the available washer and dryer hook ups along with private patio’s. Each unit has their individual water heater. There are a total of 7 parking on the property. Its possible to park tandem to increase to 14 spaces. Each unit has central heating and cooling. All the units have upgraded flooring and wood cabinets. This property has been owned by the same owner for 43 years. It’s the first time on the market since they were purchased from the builder. There is Pride of Ownership and it shows. 2 Units have rents 30% below market rents and leaves room to increase and maximize the gross income from the property. If the new owner increases the income the return will grow to over 6% annual. Located close to 10 fwy and near schools, parks and Ontario Mills Mall, and other great shopping centers. Ideal property for beginning investor or owner occupied. Owner is currently selling all 4 buildings next to each other. 1859, 1865, 1871, 1877 E Rosewood Ct. Total of 15 units. Call or email for marketing