341 Muscatel Avenue, Ontario, CA 91764
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$ 938,000
Est. payment | /mo

7 Beds

4 Baths

2,588 SqFt


Save
$ 938,000
Est. payment | /mo
Save

7 Beds

4 Baths

2,588 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,588 sqft

Price per Sqft $362

MLS Listing ID CL26653725

Bedrooms 7

Full Baths 4

HOA Y/N No

Year Built 1923

Lot Size 7,350 Sqft

Acres 0.1687

Property Sub-Type Single Family Residence

Property Description

Huge Price reduction! Approx. 8.2% CAP rate, offering strong cash flow and an excellent investment opportunity. Fully renovated 2024 Single-Family Residence with 1 ADU and 1 JADU, offering strong and stable rental income. Current rental income totals approximately $8,130 per month ($97,560 annually) : 341A - $3,100 (3 bed / 2 bath) 341B - $2,650 (3 bed / 1 bath) 341C - $2,380 (1 bed / 1 bath) Excellent opportunity for investors or 1031 exchange buyers seeking immediate cash flow. Low-maintenance property with updated interiors and strong rental demand in the area. Strong Expense Structure Water, trash, electricity, and gas are currently paid by the seller. Total utility expenses are approximately $7,200 per year (about 7.4% of gross income). Solar System Solar panels were installed in January 2025. The seller has prepaid the full 25-year solar lease. Buyer to verify lease terms and transfer process. Flexible Rental Structure Unit A (main SFR) is currently on a month-to-month lease, offering flexibility for future owner occupancy or rent adjustment. Based on current income and asking price, the property is calculated at over 8.2% cap rate (buyer to verify). ADU and JADU were City-approved at the time of construction. Buyer to independently verify all information, Tenant occupied. Showings with accepted offer only. Do not disturb tenants.

Location

State CA

County San Bernardino

Interior

Interior Features Family Room

Heating Central

Cooling Ceiling Fan(s)

Flooring Vinyl

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Refrigerator

Exterior

Pool None

View Y/N false

View None

Total Parking Spaces 2

Private Pool false

Building

Story 1

Architectural Style Bungalow

Level or Stories One Story

New Construction No

Others

Tax ID 1048501140000

Bridge MLS
Listed by Won Mo • Keller Williams Beverly Hills

Nearby Locations

Brian McCarthy

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(510) 854-8066

brian@bayareasbestagent.com

1820 Solano Ave, Berkeley, CA, 94707, USA

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341 Muscatel Avenue