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622 N Vine 622 630 Avenue

Ontario, CA 91762

– beds
– baths
– sqft
5,184 sqft lot
1953 build
– on site

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.

Listed By CRMLS_CA / Kai Kim / eXp Realty of California Inc / 626-202-3381

Last checked: Checking… • Last updated Apr 4, 2024 •

MLS# OC23124376 —

The Building

Year Built:

1953
Year Built Source:

Other
New Construction:

No
Construction Materials:

Stucco, Wood Siding
Roof:

Shingle
Entry Level:

1
Accessibility Features:

Parking
Common Walls:

2+ Common Walls
Building Area Total:

3792.00
Building Area Units:

Square Feet
# of Buildings:

2
Total Number Of Units:

5
Stories Total:

1
# of Separate Gas Meters:

5
# of Separate Electric Meters:

5

Interior

Features:

Ceiling Fan(s), Quartz Counters
Levels:

One
Entry Location:

Off Vine
Window Features:

Insulated Windows
Flooring:

Tile
Room Type:

Kitchen, Living Room, Main Floor Bedroom
Fireplace:

No
Fireplace:

None
Laundry:

Community
Laundry:

1

Location

Directions:

Please check navigation
Latitude:

34.07015100
Longitude:

-117.65548400

The Property

Property Type:

Residential Income
Subtype:

Commercial/Residential
Property Condition:

Updated/Remodeled
Lot Features:

2-5 Units/Acre
Lot Size Area:

5184.0000
Lot Size Acres:

0.1190
Lot Size SqFt:

5184.00
Lot Size Source:

Assessor
View:

1
View:

Neighborhood
Fencing:

Block, Good Condition, Wrought Iron
Fence:

Yes
Road Surface Type:

Paved
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

8
Tax Census Tract:

14.00
Tax Tract:

14
Tax Lot:

4

The Listing

Buyer's Brokerage Compensation:

2.000%
Special Listing Conditions:

Standard
Buyer's Brokerage Compensation:

$2
Parcel Number:

1048341060000

Heating & Cooling

Heating:

1
Heating:

Wall Furnace
Cooling:

Yes
Cooling:

Wall/Window Unit(s)

Utilities

Utilities:

Natural Gas Available, Natural Gas Connected, Water Available, Water Connected
Sewer:

Public Sewer
Electric:

Electricity - On Property
Water Source:

Public

Appliances

Appliances:

Gas Oven
Included:

Yes

The Community

Senior Community:

No
Features:

Curbs, Gutters, Sidewalks, Street Lights
Pool:

None
Private Pool:

No
Spa Features:

None
Assessments:

Yes
Assessments:

Unknown

Parking

Parking:

Garage, On Site, Street
Parking Spaces:

8.00
Garage Spaces:

5.00
Uncovered Spaces:

3.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
9/4/23 Sep 4, 2023	Price Changed	CRMLS_CA	$1,350,000	-10.0%
7/14/23 Jul 14, 2023	Listed / Active	CRMLS_CA	$1,500,000

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This multifamily located in Downtown West, Ontario, CA 91762 is currently for sale for $1,350,000. 622 N Vine 622 630 Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 289 days. 622 N Vine 622 630 Avenue is in the Downtown West neighborhood of Ontario and has a WalkScore® of 80, making it very walkable. This multifamily is in the attendance area of Vina Danks Middle School, Chaffey High School, and Hawthorne Elementary School.

Listing Courtesy of: CRMLS_CA and eXp Realty of California Inc. Based on information from California Regional Multiple Listing Service, Inc. as of 08:58 on Apr 27.

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. 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, 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.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.