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Sold on 10/06/2025
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1354 Virginia Ave, Ontario, CA 91764

  • $1,300,000

    Last sold 10/06/2025 after 18 Days

  • 8

    bed

  • 4

    bath

  • 3,344

    Sqft ($389/Sqft)

Multi-family not for sale
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About 1354 Virginia Ave

Property type Multi-family
Neighborhood
Year built 1963
HOA fee $0/month
Lot size 7,200 Sqft
Movoto estimate
Parking 4 garage spaces
Property description
Presenting to you your next investment opportunity in the city of Ontario. This is a fully tenant-occupied fourplex with all 2 bedroom, 1 bathroom units each with a one car garage. Some units have been updated and there is also a laundry room to generate additional monthly income. Improvements include partial sewer line replacement in 2019, a brand new roof installed in 2021, and balcony repair currently in progress in accordance to SB721 (will be completed prior to close of escrow). This property has rental income upside with a current 4.43% cap rate and a 6.12% pro-forma cap rate. Conveniently located near the freeway access, airport, shopping centers, schools, and parks. Ontario is considered one of the fastest growing cities in the Inland Empire so make this your moment to get in on an investment property here today.
Listed by
Listing Agent - Howard Cheng
Listing Office - LPT Realty, Inc
Source: The MLS mls logo
MLS#25593209 • last updated 2 months ago
Movoto checked The MLS for data 8 minutes ago
Overview
Levels/Style Two
MLS # 25593209
Type Residential Income
Status Sold
SqFt 3344
Lot Size (SqFt) 7200
Lot Size (Acres) 0.165
Tax (Mello-Roos) No
Year Built 1963
Condition Updated/Remodeled
Interior
Total # of Baths 4
Total # of Bedrooms 8
Exterior
Exterior Stucco
Roof Composition, Flat, Shingle
# Garage Spaces 4
# Parking Spaces 4
Parking Desc Attached, Driveway, Garage - 4+ Car, Garage Is Attached
Lot Desc Front Yard, Lawn, Lot Shape-Rectangular, Yard, Sidewalks
Add'l Structures None
Lot Location None
Amenities / Utilities
Water Public
Sewer/ Septic In Street
Equipment Gas Or Electric Dryer Hookup, Washer
Pool None
Location
County San Bernardino
Waterfront None
View Mountains
School District Ontario/Montclair Unified
Zoning MF
APN 1047-442-05-0000
Multifamily Details
Tenant Pays Electricity, Cable TV, Gas
Unit 3: Furnished No
Unit 1: Furnished No
Unit 4: Furnished No
Unit 3: Projected Rent 2200
Unit 1: Projected Rent 2200
Unit 1: # Beds 2
Unit 4: # Beds 2
Unit 1: Rent 1935
Unit 2: Rent 1625
Unit 3: Rent 1559
Unit 4: Rent 1850
Owner Pays Water, Gardener
Unit 2: Furnished No
Unit 2: Projected Rent 2200
Unit 4: Projected Rent 2200
Unit 3: # Beds 2
Unit 2: # Beds 2
Unit 2: # Baths 1
Unit 3: # Baths 1
Unit 1: # Baths 1
Unit 4: # Baths 1
Unit 4: Actual Rent 1850
Unit 2: Actual Rent 1625
Unit 3: Actual Rent 1559
Unit Type 2106, 2107, 2108, 2109
Unit 1: Actual Rent 1935
Total # Of Buildings 1
Annual Gross Income 83638
Net Operating Income 57596
Cap Rate 4.43
Gross Income 83638
Gross Operating Income 83638
Gross Rent Multiplier 15.54
Total Annual Expenses 26042.07
$1.27M
Range: $1.17M-$1.38M
Last 30 days 
  • May 2026
    mls logo MLS # 25593209
  • May 13, 2026 Sold
    $1,300,000
  • Oct 6, 2025 Pending
    —
  • Sep 17, 2025 Listed
    $1,300,000 (+47.7%)
  • Mar 2018
    mls logo MLS # TR18027908
  • Mar 18, 2018 Sold
    $880,000
  • Mar 16, 2018 Sold
    $880,000 (+3.5%)
  • Mar 9, 2018 Pending
    —
  • Mar 5, 2018 Listed
    —
  • Feb 16, 2018 Pending
    —
  • Feb 5, 2018 Listed
    $850,000
  • Feb 5, 2018 Listed
    $850,000 (+36.0%)
  • Mar 2018
    Public Records
  • Mar 16, 2018 Sold
    $880,000
  • Sep 2015
    mls logo MLS # OC15202096
  • Sep 12, 2015 Sold
    $625,000
  • Aug 27, 2015 Sold
    $625,000
  • Aug 3, 2015 Listed
    $625,000
  • Aug 3, 2015 Listed
    $625,000 (+66.7%)
  • Aug 2015
    Public Records
  • Aug 27, 2015 Sold
    $625,000
  • Dec 2009
    Public Records
  • Dec 15, 2009 Sold
    $375,000 (-46.4%)
  • Sep 2009
    mls logo MLS # I09092623
  • Sep 9, 2009 Canceled
    —
  • Mar 2006
    Public Records
  • Mar 9, 2006 Sold
    $700,000 (+259.0%)
  • Mar 2001
    Public Records
  • Mar 2, 2001 Sold
    $195,000
  • 1354 Virginia Ave
    $1.3M
  • Ontario
    $686K
  • 91764
    $638K +2% y/y
  • Ontario
    $649K 0% y/y
No chart available
Statistics calculated by Movoto

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6/10
Vineyard Elementary School
public Grades K-8
Ontario-Montclair School District
5/10
Chaffey High School
public Grades 9-12
Chaffey Joint Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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