The Agency The Agency

716 W Phillips St #15

Ontario, CA 91762
Sale Price $6,700,000
Property Type Income Property
Beds 30
Baths 45

Property Description

We are pleased to present this 15-Unit townhome style multifamily property located at 716-726 W. Phillips Street in Ontario, CA. Built in 1984, this well-maintained collection of individual properties has a total building area of 17,070 Sq.Ft. and sits on a combined lot size of 46,282 Sq.Ft. (approximately 1.1 AC). This asset is made up of (five) 2-story buildings, each of which contains 3 large 2-bedroom/2.5-bathroom units. Each unit has washer and dryer hook ups and is separately metered for electricity and gas. Each unit is situated above a private 2-car garage, the elevated layout adds to the privacy of each unit, which sits on its own parcel. The property also features front lawns/patios, additional surface parking, private driveway, and storage in the rear of the property. This gem of a property will also allow the owner to sell each individual unit as its own parcel. 716-726 W. Phillips Street is ideal for someone looking to invest in a quiet residential neighborhood with a multitude of amenities nearby.

Agent Information

Estate Agent (310) 936-1694 License: California DRE #01324954
The Agency

Property Specifics

Property Type: Income Property
Estimated Sq. Foot:
17,071
Lot Size:
1.06 ac.
Price per Sq. Foot:
$392
Building Stories: N/A
Pet Policy: N/A
MLS ID: 23-273371
Source Status: Active

Unit Amenities

Central Gas Or Electric Dryer Hookup Driveway In Unit Parking

Location & Transportation

Other Property Information

Summary

General Information
  • Year Built: 1984
  • Year Built Source: Assessor
Parking
  • Total Parking Spaces: 44
  • Parking Features: Garage - 2 Car, Driveway

Interior and Exterior Features

Interior Features
  • Living Area: 0.39 ac.; source: Other
  • Total Bedrooms: 30
  • Full Bathrooms: 45
  • Laundry Features: In Unit
  • Other Equipment: Gas Or Electric Dryer Hookup

Property Information

Lot Information
  • Lot Size: 46,282; source: Assessor
Utilities
  • Cooling: Central

Estimated Monthly Payments

Monthly Total $32,136
Monthly Taxes N/A
Interest 6.00%
Down Payment 20.00%

Mortgage Calculator

Monthly Mortgage Cost $32,136 Monthly Charges $0 Total Monthly Payment $32,136
Calculation based on:
Price: $6,700,000
Charges: $0 * Additional charges may apply

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Listing information provided by the Combined LA/Westside Multiple Listing Service, Inc.. All information is deemed reliable but not guaranteed. Copyright 2024 Combined LA/Westside Multiple Listing Service, Inc., Los Angeles, California. All rights reserved.
Last checked: May 2, 2024, 3:18 PM UTC
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