1228 W Rosewood Ct - Multi-Family FOR SALE


Ontario, CA 91762
$1,170,000 USD
626-695-6776
1228 W Rosewood Ct, Ontario, CA for Sale
$1,170,000 USD
Multi-Family - FOR SALE
1/7
null | Request Cap Rate

1228 W Rosewood Ct
Ontario, CA 91762


HIGHLIGHTS

  • 28% Rental Upside
  • Large 918 S.F. Two Bedroom/One and One Half Bathroom Floor Plans
  • Four Single-Car Garages plus Five Open Spaces
  • Private Patios & Vacant Laundry Room (Income Opportunity)
  • Individually Metered for Gas & Electricity
  • Located in Ontario, One of the Fastest-Growing Cities in the Inland Empire

OVERVIEW

Marcus & Millichap is pleased to exclusively present the opportunity to acquire 1228 West Rosewood Court, a 4-unit multifamily investment property located in the City of Ontario, California. Constructed in 1962, the property is sits on a 7,560 square foot parcel with a total building area of 3,672 square feet and is conveniently situated just west of Mountain Avenue and south of 4th Street. The parking consists of four single-car garages and five additional open parking spaces. Each unit includes tile flooring throughout and window air conditioning. Three of the four units have private patios. All units are individually metered for gas and electricity and there is a central hot water heater. The property also features a vacant on-site laundry room ready for machine installation, creating an opportunity for additional income. The offering is ideally located within close proximity to major transportation corridors, providing residents with convenient access throughout the Inland Empire and surrounding counties. Ontario continues to experience strong economic growth supported by logistics, warehousing, and distribution industries, largely driven by the continued expansion of Ontario International Airport. The airport serves as a major regional employment hub and economic driver, strengthening rental demand in the surrounding neighborhoods. With a 28% rental upside, this property benefits from convenient access to major retail and lifestyle amenities, including Ontario Mills and Toyota Arena, offering residents a variety of shopping, dining, and entertainment options. With continued population growth, rising housing costs across Southern California, and limited new small-multifamily supply in established neighborhoods, Ontario remains an attractive rental market.

FOR SALE DETAILS

PRICE

$1,170,000 USD

PRICE/SF

$319 USD /SF

# OF UNITS

4

PRICE/UNIT

$292,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1228 WEST ROSEWOOD COURT

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

1010-131-31

ASK ABOUT THIS PROPERTY

Douglas McCauleyMarcus & MillichapMore Info
626-695-6776

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Douglas McCauleyMarcus & MillichapMore Info
626-695-6776

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.