AFFORDABLE HOUSING CONVERSION OPPORTUNITY - POTENTIAL TAX CREDITS

1405 East 4th Street, Ontario, CA 91764

  • For Sale $9,000,000
  • Property Type Other
  • Property Size 31,892 SF
  • Units 50
  • Lot Size 1.77 Acre
  • Additional Rent Contact for pricing
  • Building Class C
  • Year Built 1981
  • Date Updated Dec 18, 2024
Discover the potential of the Inland Empire market with the AFFORDABLE HOUSING CONVERSION OPPORTUNITY in Ontario, CA. This thriving community offers a prime location for Hospitality and Full Service investors, with easy access to major transportation routes and a vibrant local economy. The area is surrounded by a variety of attractions, including the Ontario Mills shopping center, Toyota Arena, and the Scandia Amusement Park, providing ample entertainment options for future residents. With its strategic placement within the Inland Empire, the property presents an exciting opportunity to tap into the growing demand for hospitality services in this dynamic region.This affordable housing redevelopment opportunity offers a three-story building with 50 rooms, located in a prime area near Ontario International Airport in Ontario, CA. Situated on a spacious 1-acre lot, the property spans 32,000 square feet, and was originally built in 1981 but recently renovated. It includes attractive amenities such as a pool and a liquor store attached to the building, providing additional revenue streams. Given its strategic location and potential for further development, this project may qualify for tax credits, enhancing its financial appeal. The surrounding area is a growing hub with convenient access to transportation, shopping, and dining, making it a fantastic investment for those looking to contribute to the affordable housing market in a thriving community.
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Highlights

  • Potential Tax Credits
  • - Excellent Street Exposure very close to the Ontario Airport
  • - Near Ontario Airport and popular retail
  • establishments.
  • - 50 Units within a 32,000 SF Building
  • - Built in 1981 but recently Renovated
  • - Amenities include a Pool

Contacts

broker
Henry Liu, CCIM

Gateway Group

Location

Getting Around

  • Walk Score ®

    77/100 Very Walkable

  • Transit Score ®

    21/100 Minimal Transit

  • Bike Score ®

    51/100 Bikeable
Powered by Walk Score ®
  • City Ontario, CA
  • Zip Code 91764
  • Market Inland Empire

Points of Interest

  • Ontario

    1.76 miles

  • East Ontario

    3.76 miles

  • Rancho Cucamonga

    3.92 miles

  • Claremont

    5.28 miles

  • Pacific Electric - Etiwanda Station

    6.74 miles

  • Pomona–North

    7.30 miles

  • Arco

    0.15 miles

  • Valero

    0.17 miles

  • Shell

    0.27 miles

  • Circle K

    1.34 miles

  • Chevron

    1.54 miles

  • Ontario Supercharger

    1.59 miles

  • 76

    1.87 miles

  • Upland Village Center

    2.39 miles

  • eVgo

    3.58 miles

  • ChargePoint

    3.83 miles

  • Cell Phone Waiting/TNC Staging Lot

    1.62 miles

  • SARH Employee Parking

    1.84 miles

  • Lot 2

    1.91 miles

  • Lot 3

    2.16 miles

  • Lot 4

    2.52 miles

  • Days Inn

    0.02 miles

  • Travelodge Ontario

    0.13 miles

  • Motel 6 Ontario, CA - Airport

    0.34 miles

  • Baymont Ontario

    0.45 miles

  • Ontario Airport Inn

    0.84 miles

  • Ramada Ontario

    0.94 miles

  • Sheraton Ontario Airport Hotel

    1.02 miles

  • Quality Inn Ontario Airport Convention Center

    1.14 miles

  • Best Western Plus Ontario Airport & Convention Center

    1.22 miles

  • Comfort Suites Ontario Airport Convention Center

    1.25 miles

  • Phở King

    0.03 miles

  • Wingstop

    0.10 miles

  • McDonald's

    0.31 miles

  • Jack in the Box

    0.32 miles

  • Carl's Jr.

    0.39 miles

  • Domino's

    0.43 miles

  • Popeyes

    0.89 miles

  • KFC

    0.99 miles

  • In-N-Out Burger

    1.06 miles

  • Wendy's

    1.09 miles

  • Del Norte Elementary School

    0.34 miles

  • Calvary Christian School

    0.46 miles

  • Vineyard Elementary School

    0.46 miles

  • Ontario Christian Academy

    0.54 miles

  • Ray Wiltsey Middle School

    0.66 miles

  • Corona Elementary School

    0.67 miles

  • Berlyn Elementary School

    0.72 miles

  • Mariposa Elementary School

    0.80 miles

  • Valley View High School

    0.84 miles

  • Arroyo Elementary School

    0.86 miles

  • Gymboree

    2.19 miles

  • Foothill Child Development Center

    2.21 miles

  • Creative Explorers

    3.40 miles

  • Heavenly Care Daycare Center

    4.12 miles

  • Montessori Academy

    4.34 miles

  • Live Oak State Preschool

    4.37 miles

  • Preschool and Kindergarten

    4.61 miles

  • KinderCare

    4.82 miles

  • Kiddie Academy

    4.93 miles

  • Chino Head Start State Preschool

    5.25 miles

Frequently Asked Questions

How much does AFFORDABLE HOUSING CONVERSION OPPORTUNITY - POTENTIAL TAX CREDITS cost?

The space currently listed for sale at AFFORDABLE HOUSING CONVERSION OPPORTUNITY - POTENTIAL TAX CREDITS asks for $9,000,000.

What is the total square footage of AFFORDABLE HOUSING CONVERSION OPPORTUNITY - POTENTIAL TAX CREDITS?

AFFORDABLE HOUSING CONVERSION OPPORTUNITY - POTENTIAL TAX CREDITS totals 31,892 square feet.

When was this property built?

AFFORDABLE HOUSING CONVERSION OPPORTUNITY - POTENTIAL TAX CREDITS was built in 1981.

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Contact Listing Broker
broker
Henry Liu, CCIM

Gateway Group