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622 N Vine 622-630 Avenue, Ontario, CA 91762

Property

622 N Vine 622-630 Avenue, Ontario, CA 91762 Sold June 2024 CRMLS
$1,185,000Sold June 2024

Listing Agent: Kai Kim (DRE #02040060) · Listing Office: eXp Realty of California Inc · Contact: 626-202-3381 · Bought with: Mary Saied · Keller Williams R. E. Services · MLS #OC23124376 · Source: CRMLS

5,184 sqft
Lot Size
1953
Year Built
Property
Type
1
Stories
5
Garage
WallWindowUnits
Cooling
WallFurnace
Heating
Neighborhood
View

About this property

NOI INCREASE OF 28% with room for VALUE ADD!! Exciting Investment Potential at 622-630 N Vine Ave. This exceptional property consisting of 5 units presents a lucrative opportunity for investors. Located just a few blocks from Euclid Avenue, it features a mix of three spacious 1-bed/1-bath units and two generous 2-bed/1-bath units. Each unit is accompanied by its own private garage, additional on-site parking spaces, and convenient access to a dedicated coin-operated laundry room. All units have been updated with durable tile flooring, windows, bathrooms, and with 4 out of 5 of them with newer kitchens. This multifamily property enjoys the benefit of reliable, timely-paying tenants, further enhancing its appeal. This property benefits from a prime location in Ontario, offering convenient proximity to a wide array of shops, dining establishments, and entertainment venues. As a result, it stands as a highly sought-after investment opportunity in the area.

Listing description from the June 2024 sale, as reported to CRMLS.

Sale history

$1,185,000
Sold June 2024 · listed $1,350,000, orig. $1,500,000, on market July 2023 · MLS #OC23124376 · Source: CRMLS
Listing Agent: Kai Kim · Listing Office: eXp Realty of California Inc · Contact: 626-202-3381 · Bought with: Mary Saied · Keller Williams R. E. Services
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