716 W Phillips St #15
Ontario, CA 91762
Sale Price
$6,700,000
Property Type
Income Property
Property Description
We are pleased to present this 15-Unit townhome style multifamily property located at 716-726 W. Phillips Street in Ontario, CA. Built in 1984, this well-maintained collection of individual properties has a total building area of 17,070 Sq.Ft. and sits on a combined lot size of 46,282 Sq.Ft. (approximately 1.1 AC). This asset is made up of (five) 2-story buildings, each of which contains 3 large 2-bedroom/2.5-bathroom units. Each unit has washer and dryer hook ups and is separately metered for electricity and gas. Each unit is situated above a private 2-car garage, the elevated layout adds to the privacy of each unit, which sits on its own parcel. The property also features front lawns/patios, additional surface parking, private driveway, and storage in the rear of the property. This gem of a property will also allow the owner to sell each individual unit as its own parcel. 716-726 W. Phillips Street is ideal for someone looking to invest in a quiet residential neighborhood with a multitude of amenities nearby.
Property Specifics
Property Type:
Income Property
Estimated Sq. Foot:
17,071
Building Stories:
N/A
Pet Policy:
N/A
MLS ID:
23-273371
Source Status:
Active
Unit Amenities
Central
Gas Or Electric Dryer Hookup
Driveway
In Unit
Parking
Location & Transportation
Other Property Information
Summary
General Information
- Year Built:
1984
- Year Built Source:
Assessor
Parking
- Total Parking Spaces:
44
- Parking Features:
Garage - 2 Car, Driveway
Interior and Exterior Features
Interior Features
- Living Area:
0.39 ac.; source: Other
- Total Bedrooms:
30
- Full Bathrooms:
45
- Laundry Features:
In Unit
- Other Equipment:
Gas Or Electric Dryer Hookup
Property Information
Lot Information
- Lot Size:
46,282; source: Assessor
Estimated Monthly Payments
Monthly Total
$32,136
Monthly Taxes
N/A
Interest
6.00%
Down Payment
20.00%
Mortgage Calculator
Monthly Mortgage Cost
$32,136
Monthly Charges
$0
Total Monthly Payment
$32,136
Calculation based on:
Price:
$6,700,000
Charges:
$0
* Additional charges may apply
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