NOI INCREASE OF 28% with room for VALUE ADD!! Exciting Investment Potential at 622-630 N Vine Ave. This exceptional property consisting of 5 units presents a lucrative opportunity for investors. Located just a few blocks from Euclid Avenue, it features a mix of three spacious 1-bed/1-bath units and two generous 2-bed/1-bath units. Each unit is accompanied by its own private garage, additional on-site parking spaces, and convenient access to a dedicated coin-operated laundry room. All units have been updated with durable tile flooring, windows, bathrooms, and with 4 out of 5 of them with newer kitchens. This multifamily property enjoys the benefit of reliable, timely-paying tenants, further enhancing its appeal. This property benefits from a prime location in Ontario, offering convenient proximity to a wide array of shops, dining establishments, and entertainment venues. As a result, it stands as a highly sought-after investment opportunity in the area.
Sold for $1,185,000
Listed by: eXp Realty of California Inc • Kai Kim • Contact: 626-202-3381
Bought with: Keller Williams R. E. Services
$1,185,000
622 N Vine Ave #630, Ontario, CA 91762
7beds
5baths
3,792sqft
Mixed Use
Built in 1953
-- sqft lot
$1,206,200 Zestimate®
$313/sqft
$2,368 Estimated rent
Home value
$1,206,200
$1.12M - $1.29M
$2,368/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Kai Kim DRE #02040060 626-202-3381,
eXp Realty of California Inc,
LEONIE TRAN DRE #02074147 626-349-0585,
eXp Realty of California Inc
Bought with:
Mary Saied, DRE #02061080
Keller Williams R. E. Services
Source: CRMLS,MLS#: OC23124376
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
Rooms
- Room types: Bedroom, Kitchen, Living Room
Bedroom
- Features: Bedroom on Main Level
Heating
- Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Gas Oven
- Laundry: Common Area
Features
- Ceiling Fan(s), Quartz Counters, Bedroom on Main Level
- Flooring: Tile
- Windows: Insulated Windows
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,792
- Total interior livable area: 3,792 sqft
Property
Parking
- Total spaces: 8
- Parking features: Garage, On Site, On Street
- Garage spaces: 5
- Uncovered spaces: 3
Accessibility
- Accessibility features: Parking
Features
- Levels: One
- Stories: 1
- Entry location: Off Vine
- Pool features: None
- Spa features: None
- Fencing: Block,Good Condition,Wrought Iron
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 5,184 Square Feet
- Features: 2-5 Units/Acre
Details
- Parcel number: 1048341060000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use
- Attached to another structure: Yes
Materials
- Stucco, Wood Siding
- Roof: Shingle
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1953
Utilities & green energy
- Electric: Electricity - On Property
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Available, Natural Gas Connected, Water Available, Water Connected
Community & HOA
Community
- Features: Curbs, Gutter(s), Street Lights, Sidewalks
Location
- Region: Ontario
Financial & listing details
- Price per square foot: $313/sqft
- Date on market: 7/14/2023
- Cumulative days on market: 277 days
- Listing terms: Cash,Conventional,1031 Exchange
- Total actual rent: 6830
- Tenant pays: Electricity, Gas
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/12/2024 | Sold | $1,185,000$313/sqft |
Source:  CRMLS #OC23124376 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 91762
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Nearby schools
GreatSchools rating
- 6/10Hawthorne Elementary SchoolGrades: K-6Distance: 0.9 mi
- 4/10Vina Danks Middle SchoolGrades: 7-8Distance: 0.5 mi
- 4/10Chaffey High SchoolGrades: 9-12Distance: 0.7 mi
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Estimated market value
$1,206,200
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
$1,206,200
- California
- San Bernardino County
- Ontario
- 91762
- 622 N Vine Ave Unit 630
