1225-1245 N El Dorado Ave
Ontario, CA
Status:
Sold
Close of Escrow: 06/06/2014
Market Time: 3 Months
Total Number of Units: 17
Year Built: 1968
Sale Price: $2,030,000
Price per Unit: $119,412
Price per Square Foot: $181.77
CAP Rate: 5.63%
GRM: 10.84
Downpayment: $800,000
Net Operating Income: $114,286
Rentable Square Feet: 11,168
Lot Size: 0.65 Acres
Unit Type
Studio
1Bdr 1Bath
2Bdr 2Bath TwnHs
No. of Units
6
6
5
The subject property is a seventeen‐unit apartment community located in the desirable city of Ontario. The property possesses an attractive unit mix of six studio units, six 1 bedroom 1 bathroom units, & five 2 Bedroom 2 bathroom townhouse style units which are approximately 1,000 sq. ft. each