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INVESTMENT HIGHLIGHTS
- Two & Three Bedroom Townhouse Style Floor Plans
- 29% Rental Upside
- Excellent Location North Of 10 Freeway Haven Exit
- Attached Two Car Garages & 4 Open Parking Spaces
- 1987 Construction | Copper Plumbing | Pitched Tile Roof
- In-Unit Washer & Dryer Hookups & Dishwashers | Patios or Balconies
EXECUTIVE SUMMARY
****1 of 3 Property Portfolio: 721 Corvette Drive, 3132 Triumph Lane****
Marcus & Millichap is pleased to exclusively present the opportunity to acquire a well-maintained, townhome-style multifamily investment property located at 3241
Inland Empire Boulevard in Ontario, CA, one of the Inland Empire’s most dynamic and rapidly growing rental markets. Built in 1987, this two-story, single-building
asset comprises four units on a 0.25-acre parcel and has 3,980 rentable square feet.
The property features an attractive unit mix of 2- three-bedroom/one-and-one-half-bathroom townhomes and 2- two-bedroom/one-bathroom townhomes. These
spacious, multi-level floorplans provide a compelling alternative to single-family rentals and support strong, durable tenant demand. Each unit is equipped with central
air conditioning and heating, in-unit washer and dryer hook-ups, dishwashers, individual hot water heaters, and separate gas and electric metering. The property
benefits from copper plumbing, pitched tile roof, and select units offer a fireplace and private patios or balconies. Parking is ample and secure with four attached double car
garages and four additional open spaces. The asset is also eligible for attractive 30-year fixed-rate financing and there is no HOA.
Ontario is widely regarded as one of the most compelling multifamily investment markets in the Inland Empire, driven by sustained population growth, robust job
creation, and relative affordability compared to coastal Southern California markets. The city offers exceptional regional connectivity via Interstates 10, 15, and 60, as
well as close proximity to Ontario International Airport, a major logistics and transportation hub. Ontario’s diverse employment base is anchored by logistics and
distribution, healthcare, education, manufacturing, and public-sector employment, providing a stable and expanding tenant base.
In addition, Ontario’s quality-of-life amenities continue to strengthen its live-work-play appeal. Major attractions such as Ontario Mills, along with ongoing sports,
entertainment, and mixed-use development throughout the city, further enhance rental demand and long-term market fundamentals.
With strong renter demand, a growing employment base, and a business-friendly environment, Ontario offers investors the opportunity to acquire multifamily assets in
a high-growth Southern California market while maintaining a more accessible entry point than Los Angeles or Orange County. This offering represents an excellent
opportunity to acquire a well-located, townhome-style apartment property with desirable unit features, strong tenant appeal, and long-term upside in one of the Inland
Empire’s most resilient and affordable rental markets.
Marcus & Millichap is pleased to exclusively present the opportunity to acquire a well-maintained, townhome-style multifamily investment property located at 3241
Inland Empire Boulevard in Ontario, CA, one of the Inland Empire’s most dynamic and rapidly growing rental markets. Built in 1987, this two-story, single-building
asset comprises four units on a 0.25-acre parcel and has 3,980 rentable square feet.
The property features an attractive unit mix of 2- three-bedroom/one-and-one-half-bathroom townhomes and 2- two-bedroom/one-bathroom townhomes. These
spacious, multi-level floorplans provide a compelling alternative to single-family rentals and support strong, durable tenant demand. Each unit is equipped with central
air conditioning and heating, in-unit washer and dryer hook-ups, dishwashers, individual hot water heaters, and separate gas and electric metering. The property
benefits from copper plumbing, pitched tile roof, and select units offer a fireplace and private patios or balconies. Parking is ample and secure with four attached double car
garages and four additional open spaces. The asset is also eligible for attractive 30-year fixed-rate financing and there is no HOA.
Ontario is widely regarded as one of the most compelling multifamily investment markets in the Inland Empire, driven by sustained population growth, robust job
creation, and relative affordability compared to coastal Southern California markets. The city offers exceptional regional connectivity via Interstates 10, 15, and 60, as
well as close proximity to Ontario International Airport, a major logistics and transportation hub. Ontario’s diverse employment base is anchored by logistics and
distribution, healthcare, education, manufacturing, and public-sector employment, providing a stable and expanding tenant base.
In addition, Ontario’s quality-of-life amenities continue to strengthen its live-work-play appeal. Major attractions such as Ontario Mills, along with ongoing sports,
entertainment, and mixed-use development throughout the city, further enhance rental demand and long-term market fundamentals.
With strong renter demand, a growing employment base, and a business-friendly environment, Ontario offers investors the opportunity to acquire multifamily assets in
a high-growth Southern California market while maintaining a more accessible entry point than Los Angeles or Orange County. This offering represents an excellent
opportunity to acquire a well-located, townhome-style apartment property with desirable unit features, strong tenant appeal, and long-term upside in one of the Inland
Empire’s most resilient and affordable rental markets.
PROPERTY FACTS
| Price | $2,040,486 CAD | Property Type | Multifamily |
| Price Per Unit | $510,121 CAD | Building Size | 3,980 SF |
| Sale Type | Investment | No. Stories | 2 |
| No. Units | 4 | Year Built | 1987 |
| Price | $2,040,486 CAD |
| Price Per Unit | $510,121 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Building Size | 3,980 SF |
| No. Stories | 2 |
| Year Built | 1987 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 2 | - | - |
| 3+1.5 | 2 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 0210-411-05 | Improvements Assessment | $469,027 CAD |
| Land Assessment | $153,213 CAD | Total Assessment | $622,240 CAD |
PROPERTY TAXES
Parcel Number
0210-411-05
Land Assessment
$153,213 CAD
Improvements Assessment
$469,027 CAD
Total Assessment
$622,240 CAD
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3241 Inland Empire Blvd
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