Active

904 S Palmetto

Ontario CA, 91762

$3,800,000


$443.67 per sqft

Active

8,565 sqft

Condo

Built in 2023

Listed by ALBERT LE with LE INVESTMENT GROUP 909-256-7889

Highlights:
- Condominium units were completed in 2023, stand empty, never occupied. The units are available for immediate occupancy!
- ProForma CAP Rate of 3.90% / 2023 Construction / Private Rear Yards / Balconies / All units have attached 2-car garages.
- Condo-mapped property with individual APNs / Individually Metered for all utilities.
- Highly Upgraded Property With Modern Amenities & Luxury Finishes. / Dual pane Windows
- High demand rental area with rental projection between $3,200/unit - $3,600/unit.
- Contact Le Investment Group For The Complete Offering (909)256-7889

Le Investment Group is pleased to welcome the Palmetto 5 Condominiums, a meticulously crafted property nestled in the heart of Ontario, a vibrant city in the southwest corner of San Bernardino County, part of the dynamic Inland Empire. Boasting a fully condo mapped structure with five separate APNs, this property offers a unique opportunity for individual ownership or investment.

The front unit is the original single-family home, constructed in 1920 and completely remodeled from floor to ceiling in 2023. The home feature three bedrooms, two full bathrooms, an attached two-car garage, and approximately 1,272 square feet of living space, this home
has all the modern comfort while retaining its historic charm. Ideal for an owner-occupier seeking a blend of character and contemporary living. This unit would make an ideal owner-residence or excellent onsite managers unit.

Located at the rear of the property are four newly constructed condominium units, completed in 2021, these residences feature four bedrooms, three bathrooms, and an array of high-quality finishes throughout. Spread across three levels, each unit boasts a spacious floor plan ranging from 1,675 to 1,961 square feet, offering ample room and layouts for various tenant types.

IV24119952

MLS ID

June 13, 2024

Listed

June 14, 2024

Updated

Map

904 S Palmetto
Ontario CA, 91762

Interior Features

Total Stories

3


Interior Features

Multiple Staircases


Appliances

6 Burner Stove, Built-In Range, Barbecue, Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, High Efficiency Water Heater, Water Heater


Laundry Description

In Garage


Floor Description

Vinyl


Fireplace

Yes


Fireplace Description

Den


Cooling

Yes


Cooling Description

Central Air, ENERGY STAR Qualified Equipment


Heating

Yes


Heating Description

Central, ENERGY STAR Qualified Equipment

Exterior/Building Features

Lot Size

0.46 Acres


Sewer

Public Sewer

Other Property Details

Area Name

686 - Ontario


Days on Market

1


Garage

Yes


Garage Spaces

10


Parking

Door-Multi, Garage


Parking Total

10


View

No


County

San Bernardino


Water Source

Public


Pool

No


Pool Features

None


Buyer Agency Compensation

2%

Listing Contact: 909-256-7889 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 6/14/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 6/14/2024 at 3:44 PM UTC

 

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