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Franchesca McWhorter

franchesca.mcwhorter@engelvoelkers.com +1(818) 429-7215

$ 3,400,000

Est. payment -/mo

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1425 W Stoneridge CT Ontario, CA 91762

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Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV25278619

HOA Y/N No

Year Built 1962

Property Sub-Type Apartment

Property 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 today's 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 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.

Location

State CA

County San Bernardino

Area 686 - Ontario

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Laundry Common Area

Exterior

Carport Spaces 7

Pool None

Community Features Curbs, Sidewalks

Total Parking Spaces 12

Private Pool No

Building

Lot Description 11-15 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 1010552260000

Energy Description 719.0

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan

Special Listing Condition Standard

Listed by Eric Chen CB RICHARD ELLIS 626-757-5717

Franchesca McWhorter

Advisor | License ID: 01242733

+1(818) 429-7215

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