We are pleased to exclusively present a fantastic investment
opportunity located at 308 N Begonia Ave in Ontario, California. Built in 1964, this 4-unit property sits
on an 8,280-square-foot lot and offers ±4,464 square feet of building space. The property consists of all
townhome-style units, each with a 2-bedroom, 1.5-bathroom floor plan, ideal for tenants seeking spacious
and comfortable living.
Each unit features a private patio or balcony, providing additional outdoor living space. Tenants also
enjoy the convenience of detached single-car enclosed garages with one garage space allocated per unit.
Additionally, a laundry room is available, offering a valuable opportunity for the new owner to install
laundry equipment, further enhancing tenant appeal and income potential.
The property is individually metered for gas and electricity, with the owner responsible for water, sewer,
and trash. This investment offers a solid foundation for stable income, with significant potential for value-add
through rental increases and operational enhancements. Current Rents are estimated to be 27% below market.