Movoto Real Estate
Sold on 06/16/2025
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308 N Begonia Ave, Ontario, CA 91762

$1,097,000

Last sold 06/16/2025 for $1.04M

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    bed

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    bath

Multi-family not for sale

About 308 N Begonia Ave

Property type Multi-family
Year built 1964
HOA fee $0/month
Lot size 8,280 Sqft
Movoto estimate
Parking 4 garage spaces
Rental estimate
Property description
We are pleased to exclusively present a fantastic investment opportunity located at 308 N Begonia Ave in Ontario, California. Built in 1964, this 4-unit property sits on an 8,280-square-foot lot and offers ±4,464 square feet of building space. The property consists of all townhome-style units, each with a 2-bedroom, 1.5-bathroom floor plan, ideal for tenants seeking spacious and comfortable living. Each unit features a private patio or balcony, providing additional outdoor living space. Tenants also enjoy the convenience of detached single-car enclosed garages with one garage space allocated per unit. Additionally, a laundry room is available, offering a valuable opportunity for the new owner to install laundry equipment, further enhancing tenant appeal and income potential. The property is individually metered for gas and electricity, with the owner responsible for water, sewer, and trash. This investment offers a solid foundation for stable income, with significant potential for value-add through rental increases and operational enhancements. Current Rents are estimated to be 27% below market.
Listed by
Listing Agent - Kevin Struve
Listing Agent Contact: Kevin.struve@marcusmillichap.com
Listing Office - MARCUS & MILLICHAP
Source: CRMLS mls logo
MLS#CV25090782 • last updated 1 year ago
Movoto checked CRMLS for data 4 minutes ago
Overview
Levels/Style Two
Type Residential Income
SubType Quadruplex
Status Active
Lot Size (Acres) 0.1901
Lot Size (SqFt) 8280
Year Built 1964
Interior
Laundry None
Exterior
Building Area Square Feet, 4464
# Parking Spaces 4
# Garage Spaces 4
Lot Description 16-20 Units/Acre
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County San Bernardino
Community Features Sidewalks
Directions Mountain And West D Street
APN 1010521220000
Multifamily Details
Expense: Trash 2451
Operating Expense 29436
Expense: Insurance 4200
Total Expenses 29436
Expense: Maintenance 4000
Expense: Water/ Sewer 4000
Gross Income 69000
Expense: Electric 1387
Gross Scheduled Income 69000
Expense: Gardener 1080
$1.09M
Range: $954K-$1.23M
Last 30 days 
Rental est.: $1,682/month
Gross rent multiplier: 51.5
  • Jun 2025
    mls logo MLS # CV25090782
  • Jun 16, 2025 Sold
    $1,040,000 (-5.5%)
  • Jun 6, 2025 Pending
    —
  • Apr 29, 2025 Active
    —
  • Apr 24, 2025 Listed
    $1,100,000 (-4.3%)
  • Sep 2024
    mls logo MLS # TR24193064
  • Sep 17, 2024 Listed
    $1,150,000
  • Year Property taxes Tax assessment
  • 2024
    $5,035 +2.9%
    $457,866
  • 2023
    $4,893 +1.3%
    $457,866 +4.04%
  • 2022
    $4,828 +0.6%
    $440,086 +2.0%
  • 2021
    $4,798 +1.8%
    $431,457
  • 2020
    $4,714 +0.9%
    $431,457 +1.04%
  • 2019
    $4,674 +1.4%
    $427,033 +2.0%
  • 2018
    $4,609
    $418,660
  • 308 N Begonia Ave
    $1.04M
  • $686K
  • 91762
    $628K -3% y/y
  • Ontario
    $636K -2% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 10/29/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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