N. Tustin - John Lewis
1/12
Listed By: MARCUS & MILLICHAP, kevin.struve@marcusmillichap.com, Kevin Struve
Local Realty Services Provided By: KW College Park
Overview
What It'll Cost
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$1,050,000
1222 W J Street, Ontario, CA 91762
3,552 sq ft
.17 ac
$1,050,000

1222 W J Street, Ontario, CA 91762

Estimation provided by Keller Williams Realty Inc.
3,552 sq ft
.17 ac
Active Under Contract
For Sale

Property Description

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.

Property Details

Compare This Home
Overview
Property Type
Quadruplex
Property Size
3,552 sq ft
Year Built
1962
Days on Site
25 Days
HVAC
Wall Furnace, Wall/Window Unit(s)
Parking
4 Parking Spaces
Keller Williams N Tustin
Keller Williams N Tustin
01998787

Activity History

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Purchase Price: $1,050,000
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Price & Tax History

Date
Event
Price
03/01/2025
Listed
$1,050,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$13,559
(+213.26%)
$1,250,000
Land 440,000 + Additions 810,000
2021
$4,328
(-44.34%)
$396,652
Land 122,178 + Additions 274,474
2019
$7,776
(+86.5%)
$384,887
Land 118,554 + Additions 266,333
2018
$4,170
(+241.68%)
$698,700
Land 244,800 + Additions 453,900
2016
$1,220
$363,744
Land 111,705 + Additions 252,039
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Car-Dependent Walkable Very Walkable
Keller Williams N Tustin
Keller Williams N Tustin
01998787

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