5418 Howard ST Ontario, CA 91762

Introducing a lucrative seven-unit income property nestled in the heart of Ontario, California, conveniently positioned between the 60 Freeway and the 10 Freeway. This excellent investment opportunity boasts an array of features that make it an attractive choice for savvy investors.
Property Details:
Number of Units: 7
Unit Configuration: All units consist of two bedrooms and one bathroom, each spanning approximately 837 square feet.
Flooring: Tile flooring throughout, ensuring durability and low maintenance for the property.

Tenant Stability: Current tenants have established a long-standing presence on the property, providing a stable and consistent rental income stream.

Additional Income Source: The property offers abundant space for RV parking, allowing the owner to generate extra monthly income from RV tenants.

Modern Amenities: All units are equipped with wall air conditioning units, ensuring comfortable living for tenants year-round. Moreover, washer dryer hookups are conveniently provided inside each unit for added convenience and desirability.

Utility Configuration: Separate Electric and Gas meters for all units provide ease of management and enable tenants to have individual control over their utility expenses. Additionally, separate water units are in place, requiring monthly meter readings to allocate water costs accurately.

Garages: All units come with an attached one car garage.

Standalone Units: Five of the units are stand alone, 2 are attached by a garage, offering privacy and a sense of individual living spaces for tenants.

Spaciousness and Land Area: The combined square footage of all units is an impressive 5,864 square feet, and the property sits on a vast and sprawling 1.75-acre lot, offering ample outdoor space and potential for further development or expansion.

The property presents an exceptional opportunity for an astute investor seeking a well-maintained, income-generating property in a prime location 38 miles to downtown Los Angeles and 7 miles to Ontario International Airport.. With its established tenant base, attractive amenities, and extra income potential from RV parking, this property promises an excellent return on investment and continued financial success.