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$2,800,000
44 Days On Site

1027 W E Street
Ontario, CA 91762

For Sale|Apartment|Active
0
Beds
0
Full Baths
0
Partial Baths
11,044
SqFt
$254
/SqFt
1961
Built
County:
San Bernardino
Listed by ERIC CHEN of CB RICHARD ELLIS eric.chen@cbre.com

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1027 W E Street1027 W E Street1027 W E Street1027 W E Street
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We are proud to present the Mountain View Apartments, a 12- Unit multifamily property, located at 1027 W E Street in the City of Ontario. The Mountain View Apartments is an excellent investment opportunity situated on the corner of N Palmetto Avenue and West E Street. Mountain View Apartments is located in Ontario, a high-demand market with a rapidly growing population. Tenant’s benefits from unparalleled convenience and accessibility to major retailers like Walmart, Costco, Raising Canes, Target, and a variety of restaurants, malls, parks, banks, and fitness centers nearby as well as essential services like Kaiser Permanente Medical Center. Within a 10-mile radius, are popular attractions like Victoria Gardens, Top Golf, Toyota Arena, and Claremont Village. The property is also located within a 25-mile radius of several notable SoCal attractions in San Gabriel Valley, Anaheim, and Riverside. Mountain View Apartments, a 12-unit complex, offers all 2B/1B units for a total of ±11,044 square feet of living space on a ±17,001 square foot lot. Convenient parking is provided for all residents with 12 carports. Recent upgrades include a new roof, exterior renovations, and termite treatment. Over half of the units feature modern interiors with granite countertops, wood flooring in the living rooms, and tile flooring in the bathrooms and kitchens. The average unit size is 920 square feet. Mountain View Apartments offers a stable and profitable investment opportunity with 58% rental growth potential to achieve market rents. Whether you’re a first-time investor, seasoned professional, or seeking a 1031 exchange, Mountain View Apartments presents a lucrative investment choice and valuable long-term asset.

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Listing Snapshot
Price 
$2,800,000
Days On Site 
44 Days
Bedrooms 
N/A
Inside Area (SqFt) 
11,044 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.3903 Acres
Year Built 
1961
MLS® Number 
CV24214918
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoStatus changed to Active
4 weeks agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Acres 
0.3903
Carport 
12
Number Of Stories 
2
Parking Spaces 
12
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
11044
Stories 
Two
Water Source 
Public
Interior Features
Cooling 
Wall/Window Unit(s)
Heating 
Wall Furnace
Laundry Features 
Common Area
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Exterior Features
Pool Features 
None
Spa Features 
None
Community Features
Building Access 
1
Community Features 
CurbsSidewalks
Financing Terms Available 
Cash
MLS Area 
686 - Ontario


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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