Ontario, CA 91762,1125 Stoneridge CT

$4,600,000

$4,780,000

3.8%
Est.Price: ?

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Est. payment /mo

1.53 Acres Lot


SOLD DATE : 02/17/2015

Key Details

Sold Price $4,600,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID IV14180079

Sold Date 02/17/15

HOA Y/N No

Year Built 1982

Lot Size 1.530 Acres

Property Description

(Drive by only, Appointment only, Please do not disturb manager or tenants) This portfolio is comprised of three apartment communities totaling 38 units. 1125 W. Stoneridge Ct. is sixteen-units & possesses a unit mix of twelve 1 bedroom 1 bathroom units & four 2 bedroom 1 bathroom units. 1131 W. Stoneridge Ct. is twelve-units & possesses a unit mix of two studios, seven 1 bedroom 1 bathroom units & three 2 bedroom 1 bathroom units. 1265 W. Stoneridge Ct. is ten-units & possesses a unit mix of nine 1 bedroom 1 bathroom units & one 2 Bedroom 1 bathroom unit.
HIGHLIGHTS - 100 % Occupied Asset Located in a High Occupancy Area, Competitive Price per Unit, Well Maintained Turn Key Assets, Financeable Portfolio With Strong Operating History, High Density Infill Area, Minutes From LA/Ontario International Airport. The apartment portfolio is centrally located in Ontario, just minutes from downtown Ontario, Interstate 10, Ontario Mills shopping mall, & most notably the LA/Ontario International Airport which provides services to more than five million travelers per year. With such high volumes of traffic, Ontario has undergone a population growth of over 6% since 2000 with an even more impressive 70% boom in property values with no signs of slowing.

Location

State CA

County San Bernardino

Area 686 - Ontario

Interior

Heating Central, Wall Furnace

Cooling Central Air, Wall/Window Unit(s)

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 15.0

Carport Spaces 35

Garage Description 15.0

Pool None

Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks, Urban

Utilities Available Sewer Connected

Total Parking Spaces 65

Private Pool No

Building

Lot Description 31-35 Units/Acre

Story Two

Entry Level Two

Water Public

Level or Stories Two

Others

Senior Community No

Tax ID 1010522080000

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Financing Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by ALBERT LE • LE INVESTMENT GROUP
Bought with ALBERT LE • LE INVESTMENT GROUP
agent-avatar

+1(858) 465-0993

lizz@lizzisyourrealtor.com

27465 Jefferson Ave # 117, Temecula, California, 92590

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