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1155 N Campus Ave, Ontario, CA 91764

$990,000
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    bed

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    bath

Multi-family for sale 6 days

About 1155 N Campus Ave

Property type Multi-family
Year built 1929
HOA fee $0/month
Lot size 0.3 Acre
Movoto estimate
Parking 4 garage spaces
Rental estimate
Property description
We are pleased to present the opportunity to acquire 1155 N Campus Avenue, a distinctive three-unit residential investment property located in Ontario, California. The offering consists of a charming single-family residence at the front of the property and a comprehensively renovated two-unit building at the rear, providing a versatile opportunity for both investors and owner-users. Built in 1929, the front residence is a well-maintained masonry home featuring two bedrooms and one bathroom, an approximately 150-square-foot basement, in-unit laundry hookups, a private backyard, and an attached two-car garage. The investment is an opportunity for a buyer to occupy the home while benefiting from rental income generated by the two rear units, or lease the residence and operate the property as a fully rented three unit investment. The rear duplex consists of one two-bedroom / one-bathroom unit and one one-bedroom / one-bathroom unit and underwent a comprehensive renovation in 2026, including new plumbing, electrical, exterior, and interior improvements. Situated on a large ±13,050-square-foot (0.30-acre) lot, the property offers substantial outdoor space and the potential to explore the addition of an ADU, subject to feasibility, City requirements, and buyer verification. Overall, 1155 N Campus Avenue presents a distinctive opportunity combining an attractive single-family residence, two income-producing units, substantial recent improvements, four garage parking spaces, and a large lot. With the front residence becoming available and the rear units already occupied, a new owner has the flexibility to pursue an owner-occupant strategy with supplemental rental income or operate all three units as an investment property, with additional long-term value potential through the lot's available land. Please do not disturb tenants. Interior inspections will be provided upon acceptance of an offer.
Listed by
Listing Agent - Gisele Pinedo
Listing Office - MARCUS & MILLICHAP
Source: CRMLS mls logo
MLS#CV26219828 • last updated 5 days ago
Movoto checked CRMLS for data 3 minutes ago
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Overview
Levels/Style One
Type Residential Income
SubType Triplex
Status Active
Lot Size (Acres) 0.3
Lot Size (SqFt) 13068
Property Tax 10841
Year Built 1929
Interior
Exterior
Building Area Square Feet, 2995
# Parking Spaces 4
# Garage Spaces 4
Lot Description 2-5 Units/Acre
Amenities / Utilities
Fireplaces Living Room
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County San Bernardino
Community Features Sidewalks
Directions Located On N Campus Ave & E Princeton Ave
APN 1047511200000
Multifamily Details
Vacancy Allowance Rate 3
Vacancy Allowance 2061
Operating Expense 22130
Cap Rate 4.5
Expense: Insurance 2369
Total Expenses 22130
Expense: Maintenance 3600
Expense: Water/ Sewer 3720
Gross Income 68700
Gross Operating Income 66639
Gross Multiplier 14.41
Gross Scheduled Income 68700
Expense: Supplies 400
Expense: Gardener 1200
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Around the neighborhood

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Family
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  • Real Estate
  • CA
  • San Bernardino County
  • Ontario
  • 91764
  • 1155 N Campus Ave

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The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
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