1425 Stoneridge Court, Ontario, CA 91762
  • MLS#: CV25278619 ( Apartment )
  • Street Address: 1425 Stoneridge Court
  • Viewed: 7
  • Price: $3,400,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1962
  • Bldg sqft: 0
  • Days On Market: 21
  • Additional Information
  • County: SAN BERNARDINO
  • City: Ontario
  • Zipcode: 91762
  • Provided by: CB RICHARD ELLIS
  • Contact: Eric Eric
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    We are proud to present a rare opportunity to acquire a pride of ownership 12 unit apartment community located at 1425 W Stoneridge Court in Ontario, CA. This exceptional offering is strategically located just minutes from major transportation arteries, positioning it to capitalize on the thriving Inland Empire market. The property spans across a spacious 13,500 square foot lot and offers 8,718 SF of rentable space. The property offers a desirable unit mix on 8 1 Bedroom/1 Bathroom units and 4 2 Bedroom/1.5 Bathroom townhouse style apartments averaging 727 square feet per unit that is highly sought after by todays renters. The units boast modern upgrades and fixtures including vinyl plank flooring, granite countertops, stainless steel appliance packages, private patios (in select units), renovated bathrooms, and efficient wall air conditioning and heating units. The property also offers private off street assigned parking, on site laundry facility, security video monitoring, and is part of a well kept HOA community providing uniformity and cleanliness throughout the neighborhood. 1425 W Stoneridge Court is ideally situated for easy commuting and access to local amenities. Residents enjoy quick access to major freeways, including the 60 and 10, which provide connectivity throughout the Inland Empire and beyond. The property is also conveniently located just a short distance from the Ontario International Airport (ONT), a significant regional hub for travel and employment. Public transportation options are readily available, with the OntarioEast Metrolink station nearby for regional train travel on the Riverside Line. This central location places it within close proximity to a wealth of services, including Ontario Regional Medical Center, Ontario Mills shopping center, and a diverse array of dining and entertainment options. This prime location benefits from the robust and growing workforce of the Inland Empire, creating a strong and stable demand for quality rental housing. This property represents a valuable long term investment or an ideal owner user opportunity. Whether youre a first time investor, a seasoned professional looking to expand your portfolio, or considering a 1031 Exchange, this turn key asset offers exceptional stability and enduring value in one of Southern Californias most dynamic markets. Dont miss your chance to acquire this high demand property.
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Features
Building Area Total
  1. 8718.00
Carport Spaces
  1. 7.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Cooling
  1. Wall/Window Unit(s)
Country
  1. US
Electric Expense
  1. 4433.00
Fuel Expense
  1. 719.00
Garage Spaces
  1. 0.00
Gardner Expense
  1. 44.00
Heating
  1. Wall Furnace
Insurance Expense
  1. 5225.00
Laundry Features
  1. Common Area
Laundry Income
  1. 2887.00
Levels
  1. Two
Lot Features
  1. 11-15 Units/Acre
Netoperatingincome
  1. 172430.00
Newtaxesexpense
  1. 38977.00
Number Of Separate Electric Meters
  1. 12
Number Of Separate Gas Meters
  1. 12
Otherexpense
  1. 2400.00
Otherexpensedescription
  1. Reserves
Otherincome1
  1. 4595.00
Otherincome2
  1. 6255.00
Parcel Number
  1. 1010552260000
Pest Control Expense
  1. 950.00
Pool Features
  1. None
Professionalmanagementexpense
  1. 9276.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 453609217:CRM
Spa Features
  1. None
Suppliesexpense
  1. 7322.00
Totalactualrent
  1. 269628.00
Totalexpenses
  1. 96767.00
Trash Expense
  1. 5624.00
Uncovered Spaces
  1. 5.00
Vacancyallowance
  1. 14168
Water Sewer Expense
  1. 8097.00
Water Source
  1. Public
Year Built
  1. 1962
Year Built Source
  1. Assessor