N. Tustin - John Lewis
1/46
Listed By: CB RICHARD ELLIS, 626-757-5717, ERIC CHEN
Listing Sold By: HEBRON EQUITIES INC.
Local Realty Services Provided By: KW College Park
Overview
What It'll Cost
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$17,400,000
221 N Mountain Avenue, Ontario, CA 91762
38,925 sq ft
1.27 ac
$17,400,000

221 N Mountain Avenue, Ontario, CA 91762

Estimation provided by Keller Williams Realty Inc.
38,925 sq ft
1.27 ac
Closed
Sold

Property Description

We are proud to present for sale, The Willow Luxury Townhomes (The Willow), a brand-new construction trophy asset located at 221 North Mountain Avenue in the desirable west region of the Inland Empire.

The Willow is situated on the west side of North Mountain Avenue between West D Street and West Stoneridge Court in the city of Ontario, California. Ontario is a high-demand rental market, one of the fastest growing cities within the Inland Empire, and the economic heart of the region. Tenants at The Willow will benefit from unparalleled convenience and accessibility to major retailers like Walmart, Costco, Target, Stater Brothers, Cardenas and a variety of restaurants, malls, parks, banks, and fitness centers nearby. Additionally, within close-proximity are essential services like Ontario International Airport, Kaiser Permanente Medical Center and Pomona Valley Hospital Medical Center. Also, within a 10-mile radius, are popular attractions like Ontario Mills, Montclair Plaza, Victoria Gardens, Top Golf, Toyota Arena, and Claremont Village. Lastly, the property is centrally located with convenient access to the 10, 60, 57, 71, 210 and 15 freeways connecting to all the Inland Empire, Los Angeles County, Orange County, and beyond.

The Willow Luxury Townhomes consists of 39 tri-level townhouse style residential units. The property is a green building and finished construction in June 2024. It features eighteen, one-bedroom/one-bathroom + loft townhomes and 21, two-bedroom/two-and-one-half-bathroom townhomes with an average unit size of 998 square feet. Unit amenities feature private attached garages with Bluetooth access, EV Charging accessible, modern waterproof plank flooring, in-unit washer & dryer, stainless steel appliance package, hardwood cabinetry, quartz countertops, recessed lighting, central air-conditioning & heating, and private balconies. The well-maintained property also features controlled gated access at alleyway, professional management, a shared picnic area with BBQ grilling stations, built-in yard games, paid-for solar panels, and is a cozy community atmosphere.

The property is a great long-term investment opportunity boasting non-rent-controlled units, minimal maintenance, and tenant paid utilities (each unit is individually metered for electric and gas and has a sub-meter for water and sewer. Tenants also pay for their own trash bins).

Property Details

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Overview
Property Type
Apartment
Property Size
38,925 sq ft
Year Built
2024
Days on Site
137 Days
HVAC
Central Air, Central
Parking
73 Parking Spaces
Keller Williams N Tustin
Keller Williams N Tustin
01998787

Activity History

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Data provided by Keller Williams Realty, Inc.
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Purchase Price: $17,400,000
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Price & Tax History

Date
Event
Price
11/08/2024
Listed
$17,995,000
(+2,060.26%)
08/08/2022
Sold
$833,000
(+63.33%)
08/23/2013
Sold
$510,000
(-78.75%)
02/21/2006
Sold
$2,400,000
No Tax History Data
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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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