3241 G
Description
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-...1 of 3 Property Portfolio: 721 Corvette Drive, 3132 Triumph Lane 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. 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.
- Listed by Douglas McCauley • DRE #CV35308 • Brokerage DRE #00530854 • MARCUS & MILLICHAP • 626-695-6776
- Listed by David Covarrubias • DRE #01941403 • Brokerage DRE #00530854 • MARCUS & MILLICHAP
Property Details for 3241 G
Property Details for 3241 G
| Status | Active |
|---|---|
| MLS # | CV26015836 |
| Days on Market | 5 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income / Res Income 2-4 Units |
| Year Built | 1987 |
| County | San Bernardino |
Location
Building Information for 3241 G
Payment Calculator
$7,189 per month
30 year fixed, 6.15% Interest
$7,189
$0
$0
Property Information for 3241 G
- Tenant Pays: Electricity, Gas
- Gross Income: $90,113
- Gross Scheduled Income: $90,480
- Vacancy Allowance: 905
- Vacancy Allowance Rate: 1
- Net Operating Income: $59,112
- Other Income Description: Late Fee Income
- Other Income 1: $538
- Cap Rate: 4.01
- Operating Expense: $31,001
- New Taxes Expense: $15,417
- Gardener Expense: $1,440
- Fuel Expense: $0
- Pest Control Expense: $720
- Electric Expense: $726
- Insurance Expense: $2,800
- Maintenance Expense: $3,154
- Trash Expense: $6,744
- Water Sewer Expense: $0
- Total Expenses: $31,001
- Tax Tract Number: 13314
- CFD/Mello-Roos Fee: $285
- Tax Lot: 5
- Community Features: Curbs, Sidewalks, Street Lights
- Laundry: Yes
- Laundry Features: Common Area, Electric Dryer Hookup, Washer Hookup
- Entry Location: Front
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Pool Heat: N/K
- Lot Features: Level with Street
- Number Of Units: 4
- Land Lease: No
- Land Lease Type: Fee
- Levels: Two
- Water: Public
- Sewer: Public Sewer
- Water Source: Public
- Garage Spaces: 8
- Parking: Yes
- Parking Garage: Garage
- Uncovered Spaces: 4
- Open Other Spaces Total: 4
- Parking Garage Spaces: 8
- Carport Spaces: 0
- Parking Features: Garage, On Site
- Residential Styles: Res Income 2-4 Units
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 2
- Unit Type Garage Attached: Yes
- Unit Type Actual Rent: $1,620
- Unit Type Total Rent: $1,620
- Unit Type Pro Forma: 2100
- Unit Type Type: 1
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 2
- Unit Type Garage Attached: Yes
- Unit Type Actual Rent: $1,770
- Unit Type Total Rent: $1,770
- Unit Type Pro Forma: 2100
- Unit Type Type: 2
- Unit Type Units Total: 2
- Unit Type Beds Total: 3
- Unit Type Baths Total: 2
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 2
- Unit Type Garage Attached: Yes
- Unit Type Actual Rent: $2,075
- Unit Type Total Rent: $4,150
- Unit Type Pro Forma: 2750
- Unit Type Type: 3
- Rent Controlled: Yes
- Number Of Buildings: 1
- Number Of Separate Electric Meters: 4
- Number Of Separate Gas Meters: 4
- Number Of Separate Water Meters: 1
- Number With Dishwasher: 4
Property History for 3241 G
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Jan 22, 2026 | Listed (Active) CRMLS #CV26015836 | $1,475,000 | — |
| Jan 19, 2026 | Listed (Active) CLAW #CV26015836MR | $1,475,000 | — |
| Jan 19, 2026 | Listed (Active) SDMLS #CV26015836 | $1,475,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 01/22/2026 | Listed (Active) CRMLS #CV26015836 | $1,475,000 |
| 01/19/2026 | Listed (Active) CLAW #CV26015836MR | $1,475,000 |
| 01/19/2026 | Listed (Active) SDMLS #CV26015836 | $1,475,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 3241 G
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
The Ontario Center PublicK to 5 | ||
Rancho Cucamonga Middle School Public6 to 8 | ||
Colony High School Public9 to 12 | ||
Valley View High (Continuation) School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of MARCUS & MILLICHAP, Douglas McCauley, DRE #CV35308; MARCUS & MILLICHAP, David Covarrubias, DRE #01941403
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.