1147 W D St 4 Unit Apartment Building Offered at $1,562,225 CAD at a 3.88% Cap Rate Ontario, CA 91762

CBRE, Inc. is proud to present a rare opportunity to acquire a well-maintained fourplex at 1147 W D Street 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 ±8,190-square-foot lot and offers ±3,621 SF of rentable space. The property offers a desirable unit mix on 100% 2-Bedroom apartments that is highly sought after by today’s renters.
The units average over 900 SF and boast modern upgrades and fixtures, fully equipped kitchens, and efficient wall AC/heating units. The property also offers mature landscaping, private entrances, communal laundry facilities, and on-site parking, ensuring convenience and privacy for all residents.
1147 W D Street 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 Ontario–East 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 you’re 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 California’s most dynamic markets. Don’t miss your chance to acquire this high-demand property.