1027 West E Street
$2,800,000
2
12
11,044
11,044
$254
Active Under Contract
Description
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,...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.
- Listed by ERIC CHEN • DRE #01489184 • Brokerage DRE #00409987 • CB RICHARD ELLIS • 626-757-5717
Property Details for 1027 West E Street
Parking Spaces Total
12
Private PoolNo
Cooling TypeWall/Window
Total Units12.0
Building TypeAttached
Lot Size SourceAssessor
Living Area11044
Assessor Parcel Number1010-463-04-0000
LISTING UPDATED: 01/06/2025 07:05 AM
Property Details for 1027 West E Street
Status | Active Under Contract |
---|---|
MLS # | CV24214918 |
Days on Market | 82 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1961 |
County | San Bernardino County |
Building Information for 1027 West E Street
Building/Complex1027 W E StFloor-Stories2Residences-Pet Policy-Pet Policy Details-Year Built1961Building Size-
Property Information for 1027 West E Street
Property History for 1027 West E Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1027 West E Street
Taxable ValueLand$180,279Additions$1,681,413Total$1,861,692
Tax Record2024$20,414 ($1,701 / month)
Home Facts
Total Finished SqFt11,044 SqFtAbove Grade Finished SqFt11,044 SqFtStories2Lot Size17,001 SqFtStyleMulti-Family Res (5+ Units)Year Built1961CountySAN BERNARDINOAPN1010-463-04-0000
Schools near 1027 West E Street
This home is within Chaffey Joint Union High School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 6 |
Rating | School | Distance |
---|---|---|
Elderberry Elementary School PublicK to 6 | ||
Vernon Middle School Public7 to 8 | ||
Montclair High School Public9 to 12 | ||
Buena Vista Arts-Integrated School PublicK to 6 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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