Properties
Ontario, CA 91764 522 N Parkside Drive
$1,420,000
32 more
Presented By: Kuo Shyu with Kuo K Shyu, Broker; 9093740320
Full/Half Baths • 1 / 1
SQFT • 3,649
Home Details
**Excellent Investment Opportunity – 4-Unit Property in Prime Ontario Location**
Well-maintained and fully occupied, this 4-unit multifamily property is a rare find in the heart of Ontario. Each unit offers 2 spacious bedrooms and 1.5 bathrooms, with reliable tenants already in place—perfect for immediate income generation. Situated on a large 15,000 sq ft lot, the property features a generous front yard and private backyard area behind the units, providing ample outdoor space for tenant enjoyment.
Recent upgrades include: *New concrete driveway, *Expanded parking area, *New perimeter fence, *Some units include updated interiors.
Each unit includes a dedicated detached carport, plus additional driveway parking. All units are separately metered for gas and electricity—tenants pay their own utilities; owner covers water and trash. Conveniently located near the 10 Freeway, Ontario International Airport, Ontario Mills Mall, schools, parks, and major shopping centers, this property offers excellent rental demand and long-term growth potential. A solid investment offering strong current cash flow, future upside potential, and an approximate 5.6% cap rate.
Presented By: Kuo Shyu with Kuo K Shyu, Broker; 9093740320
Interior Features for 522 N Parkside Drive
Other Interior Features
Air Conditioning Y/NYes
Common Walls1 Common Wall
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringLaminate, Vinyl
Heating Y/NNo
Interior AmenitiesUnfurnished, All Bedrooms Down
Laundry FeaturesNone
Total Stories1
Window FeaturesScreens
Other Rooms
Entry Level1
General for 522 N Parkside Drive
AccessibilityNone
Additional Parcels Y/NNo
AppliancesFree-Standing Range
Building Area UnitsSquare Feet
Carport Spaces4
Carport Y/NYes
CityOntario
Community FeaturesUrban
Construction MaterialsFrame, Stucco
ContingencyNone
CoolingWall/Window Unit(s)
CountySan Bernardino
DirectionsCross Streets- N. Grove Ave / E. D St / E. Flora St
ElectricStandard
Electric Expense
Entry LocationFront
Fuel Expense
Garage Spaces
Garage Y/NNo
Gross Income102960
HOANo
HOA Fee$
HeatingNone
Insurance Expense2088
Land Lease Y/NNo
LevelsOne
Listing TermsCash, Cash to New Loan
Lot Size Square Feet15000
Lot Size UnitsSquare Feet
MLS Area686 - Ontario
MaintenanceExpense1000
Net Operating Income84861
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
Operating Expense18099
Pool FeaturesNone
PossessionSee Remarks
PostalCityONTARIO
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidential Income
Rent Control Y/NNo
RoofComposition
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count1
Tax Lot21
Taxes$7,953
Tenant PaysElectricity, Gas
Trash Expense0
UtilitiesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
ViewNone
Water Sewer Expense7058
Year Built1965
Year Built SourcePublic Records
Exterior for 522 N Parkside Drive
Building Area Total3649
Foundation DetailsSlab
Lot Size Acres0.3444
Lot Size Area15000
Lot Size SourcePublic Records
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Parking FeaturesCovered, Carport
Private PoolNo
Road Frontage TypeCity Street
Road Surface TypePaved
SpaNo
Total Parking4
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
