431 S Euclid, Ontario, CA 91762
List Price: $1.5M
Listing Status: Active
Original List Price: $1K
0Days on Market: 0
0 Bedrooms · 0 Bathrooms
Property Type: CommercialSale
Year Built: 1936
Lot Size: 7,150 sq ft
MLS Number: CV26200827
About This Property
?Seven income-producing units with current gross scheduled rent of $84,000 annually. ?Current rents average approximately $1,000 per unit per month. ?Conservative pro forma rent of $1,600 per unit produces $134,400 annual gross scheduled income. ?Approximately $50,400 of potential annual gross rental upside. ?Manager's unit currently pays $800 per month. ?Current property tax is only approximately $910 annually due to the low assessed value. ?Central Ontario location along the Euclid Avenue corridor. ?Value-add profile suited to an investor seeking income growth over time.
Listing provided by: Albert Pasillas DRE #01728500 877-330-2773 albertsellsre@gmail.com, VYLLA HOME
Source: CRMLS, MLS #: CV26200827
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.