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Commercial Property — 431 S Euclid, Ontario, CA

$1,495,000

431 S Euclid, Ontario, CA

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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.

Property details

Square feet
3,000
Year built
1936
Property type
Commercial Sale
Lot size
7,150 sqft

Location

431 S Euclid • Ontario, CA 91762

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Listed by

Albert Pasillas · VYLLA HOME

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