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Vanessa O'Neill

vanessa@listsellinvest.com +1(909) 248-6215

$ 938,000

Est. payment -/mo

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Price Dropped by $40K

341 Muscatel AVE Ontario, CA 91764

7 Beds

4 Baths

2,588 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,588 sqft

Price per Sqft $362

MLS Listing ID 26653725

Bedrooms 7

Full Baths 4

HOA Y/N No

Year Built 1923

Lot Size 7,348 Sqft

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

Area 686 - Ontario

Interior

Interior Features Ceiling Fan(s)

Heating Central

Flooring Vinyl

Fireplaces Type None

Furnishings Unfurnished

Fireplace No

Appliance Dishwasher, Disposal, Refrigerator

Exterior

Parking Features Driveway

Pool None

View Y/N No

View None

Total Parking Spaces 2

Private Pool No

Building

Story 1

Entry Level One

Architectural Style Bungalow

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 1048501140000

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Won Mo Keller Williams Beverly Hills #02207272

Vanessa O'Neill

Agent | License ID: 01499193

+1(909) 248-6215

Vanessa O'Neill

341 Muscatel AVE Ontario, CA 91764

Key Details

Location

Interior

Exterior

Building

Others

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341 Muscatel AVE