1425 W Stoneridge Court, Ontario, CA 91762

$3,250,000

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List Price
$3,250,000
Status
ACTIVE
MLS#
CV26188415
Year Built
1962
Lot Size
13,500
Acres
0.31
Lot Location
11-15 Units/Acre
Days on Market
14
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Levels

Property Description

This well-maintained 12-unit apartment community sits in the heart of Ontario — the Inland Empire's second-largest city and its most commercially active core — minutes from Ontario International Airport, Ontario Mills, and direct freeway access via the 10 and 60 freeways. The property is situated on a ±13,500 SF lot and offers ±8,718 SF of rentable space, with an average unit size of 727 SF across a desirable mix of eight 1-Bedroom/1-Bathroom units and four 2-Bedroom/1.5-Bathroom townhouse-style apartments. Units have been renovated with vinyl plank flooring, granite countertops, stainless steel appliance packages, and remodeled bathrooms, with private patios available in select units. Wall air conditioning and heating units are installed throughout. The property offers private off-street assigned parking, an on-site laundry facility, and security video monitoring. As part of a well-maintained HOA community, the exterior presents with a clean, uniform character that enhances curb appeal and tenant pride of occupancy. Ontario's position at the geographic and economic center of the Inland Empire makes it one of the region's most compelling rental markets. The city ranks among the top Inland Empire cities for population growth and renter demand, driven by its concentration of logistics, distribution, and e-commerce infrastructure alongside a rapidly expanding professional workforce. Residents enjoy direct access to the 10 and 60 freeways, connecting them to the greater Los Angeles basin, San Bernardino County, and Riverside County. Regional rail connectivity and Ontario International Airport — one of the fastest-growing airports in Southern California — further enhance the location's commuter and travel amenities. Ontario's diverse employment base anchors demand across logistics, healthcare, education, and public-sector industries. The city's dining, retail, and entertainment corridors, including Ontario Mills and the adjoining Ontario Center, provide residents with a walkable lifestyle complement to the area's commuter convenience. Ontario Regional Medical Center further enhances the city's live-work infrastructure, supporting a renter profile that values stability, proximity to work, and quality of housing. 1425 W Stoneridge Court is a well-maintained asset located in one of the Inland Empire's most active multifamily submarkets.

Additional Information

Pool Description
None
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
12
Gross Scheduled Income
$279,105
Operating Expense
96419

Listing courtesy of Listing Agent: Eric Chen (eric.chen@cbre.com) from Listing Office: CB RICHARD ELLIS.

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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.