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Sold for $1,100,000
    • Listed by: MARCUS & MILLICHAP • Kevin Struve • Contact: kevin.struve@marcusmillichap.com
    Bought with: Pinnacle Real Estate Group
    $1,100,000

    1222 W J St, Ontario, CA 91762

    8beds
    8baths
    3,552sqft
    Quadruplex
    Built in 1962
    -- sqft lot
    $1,078,600 Zestimate®
    $310/sqft
    $-- Estimated rent

    Home value

    $1,078,600

    $971,000 - $1.20M

    Not available

    Zestimate® history
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    What's special

    Private balcony or patioPrime locationOn-site laundryGarage parking
    We are pleased to exclusively present an excellent investment opportunity in Ontario, California. This 4-unit multifamily property offers a prime location across from Elderberry Elementary School and sits on a well-maintained 0.17-acre lot. Built in 1962, the property features all 2-bedroom, 2-bathroom units, each approximately 875 square feet. Tenants enjoy on-site laundry and garage parking, with one garage space allocated per unit. In addition, each unit offers a private balcony or patio. Significant upgrades have been made, including a new roof in 2023, a new water heater in 2024, and new showers in two of the units. The owner is responsible for water, trash, sewer, while tenants pay for their own gas & electricity. This investment presents an excellent value-add opportunity for investors looking to capitalize on rental growth in a strong, stable market. Laundry Lease in place and Buyer to assume at closing.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kevin Struve DRE #01266441 kevin.struve@marcusmillichap.com,

    MARCUS & MILLICHAP

    Bought with:

    XENIA CHAO, DRE #01911750

    Pinnacle Real Estate Group

    Source: CRMLS,MLS#: CV25045184MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 8
    Heating
    • Wall Furnace
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 3,552
    • Total interior livable area: 3,552 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage
    • Garage spaces: 4
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Front
    • Pool features: None
    Lot
    • Size: 7,378 Square Feet
    • Features: 16-20 Units/Acre
    Details
    • Parcel number: 1010131080000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1962

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Sidewalks
    Location
    • Region: Ontario

    Financial & listing details

    • Price per square foot: $310/sqft
    • Tax assessed value: $1,122,000
    • Date on market: 3/1/2025
    • Cumulative days on market: 17 days
    • Listing terms: Cash,Cash to New Loan
    • Total actual rent: 6100
    • Tenant pays: Electricity, Gas

    Price history

    DateEventPrice
    4/3/2025Sold$1,100,000+4.8%$310/sqft
    Source: CRMLS #CV25045184 Report a problem
    3/5/2025Contingent$1,050,000$296/sqft
    Source: CRMLS #CV25045184 Report a problem
    3/1/2025Listed for sale$1,050,000$296/sqft
    Source: CRMLS #CV25045184 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $1,122,000 -13.7%
    2025$14,276 +2.3%$1,300,500 +2%
    2024$13,951 +2.9%$1,275,000 +2%
    2023$13,559 +211.3%$1,250,000 +215.1%
    2022$4,355 +0.6%$396,652 +2%
    2021$4,328 -1.6%$388,874 +1%
    2020$4,398 +4.3%$384,887 -44.9%
    2019$4,216 +1.1%$698,700 +88.3%
    2018$4,170 +3.7%$371,019 +2%
    2017$4,020 $363,744 +229.1%
    2016$4,020 +4.4%$110,516 +1.5%
    2015$3,851 +217.7%$108,856 +2%
    2014$1,212 $106,724 +0.5%
    2013-- $106,242 +2%
    2012-- $104,158 +2%
    2011-- $102,116 +0.8%
    2010-- $101,353 -0.2%
    2009-- $101,594 +2%
    2008-- $99,602 +2%
    2007-- $97,649 +2%
    2006-- $95,735 +2%
    2005-- $93,858 +2%
    2004-- $92,018 +1.9%
    2003-- $90,331 +2%
    2002-- $88,560 +2%
    2001-- $86,824 +2%
    2000-- $85,121
    Find assessor info on the county website

    Neighborhood: 91762

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,078,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,078,600

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