Montclair Real Estate

Montclair, Ca Houses For Sale

$10,500,000
CV26005212 MLS Active Status
Vista Court Apartments is an exquisitely-designed, 23-unit, luxury apartment community located at the heart of Montclair, CA. Vista Court Apartments is located at 8951 Monte Vista Ave at the highly amentized corner of Arrow Highway and Monte Vista Ave, where highly desirable communities of Montclair, Claremont, and Upland merge. The property is located just 1-block from Montclair Metro Station to the North and Montclair Place Shopping Center to the south. Tenants benefit from having access to a variety of retailers, shops, and dining options like Target, Home Depot, Costco, LA Fitness, Golds Gym, Moreno Street Market Food Hall, Olive Garden, Applebee’s Chilis and many more options. Tenants also enjoy being a short 5-to-10-minute drive to frequently-travelled places like Downtown Claremont, Claremont Colleges, Victoria Gardens, Toyota Arena, and a large selection of employers found one city over in the City of Ontario, the employment hub of the Inland Empire. Vista Court Apartments was meticulously designed with modern-luxury features. Tenants at Vista Court enjoy a plethora of high-level features like gourmet kitchens with stainless steel appliances, undermount sinks, quarts counters in kitchen and bathrooms, wood plank flooring, modern bathrooms, in-unit washer and dryer, central AC, double-pane energy-efficient windows, recessed lighting, and large outdoor patio or balcony in every unit. Throughout the community, tenants enjoy access to covered/assigned secured parking, a +/-700 SF community room equipped with a kitchen, bathroom, and entertainment area for hosting, outdoor BBQ & picnic area, and ample open green space. Vista Court features 23 large apartment homes with 18 unique floorplans. The property offers 28,258 SF of rentable building space and spans across a generous 28,280 SF site. The property consists of 12, 1-Bedroom/1-Bathrooms, 2, 2-Bedroom/2-Bathrooms, and 9, 2-Bedroom/2.5-Bathroom townhouse-style apartment homes. Currently the property produces nearly $682,000 in annual rental income. Additional revenue stream from on-site parking, storage, and the community room. An experienced investor will recognize the opportunity to preserve the investment’s NOI through RUBS and other forms of aggressive management processes. A new investor also has the option to assume the existing loan from Umpqua Bank at a below market interest rate of 4.04% fixed for another 4 years.

8951 Monte Vista Ave, Montclair

$550,000
TR26022402 MLS Active Status Montclair Office Medical Bldg BLDG.
Seller is willing to accept half or full purchase price in RMB. Suite 216 is approximately 1,469 square feet, this unit has a large waiting room, receptionist area, 3 doctor exam rooms, 2 private offices, a nurse station, 2 separate entrances, a private restroom, and 2 storage rooms. The waiting room and receptionist area was recently remodeled to meet ADA requirements along with new marble countertops. Currently being rented by a pediatrician doctor who's been there for over 7 years. An OBGYN doctor is sharing the space as well. Current rent is $3406 per month with HOA and property tax at around $835 per month. This brings the net cash-in-flow around $2571 per month. New 3-year lease was signed on 1/1/24. Montclair Medical Building with renovations completed early 2017. This building has 23 individual office condos that are approved for professional and medical use. Substantial upgrades to the interior of the building have been made including new modern restrooms, designer lighting, and contemporary flooring. The exterior received a facelift with a brand new entrance, paint, landscaping, new parking lot, and more. The building is situated in a medical plaza which includes the Montclair Hospital Medical Center (102 beds), Community Extended Care Hospital, and Montclair Royale (an assisted living center). Easy access to Interstate 10, close proximity to retail and restaurant outlets, and minutes to Montclair Plaza.

4950 San Bernardino St Unit 216, Montclair

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.