$1,050,000
317 N Palm, Ontario CA 91762
Multi-Family (3 Units)
Property type
1 day
On market
$486
Price per sqft
1 car
Garage
1934
Year built
7,147 sqft
Lot size
Home highlights
Open Houses
Overview
Located in the Historical district of Ontario and walkable to the downtown area, 317,315 and 313 restored single family homes are the best opportunity for buyers to invest in a great income property. All units are 2 bedroom, one bath, laundry room and air conditioned for comfort. Due to all units are currently tenant occupied so please do not disturb them. We will provide a...
Listing provided by: Janet Van Wynsberghe DRE #01142413 909-931-4701, MIRACLE REALTY, INC.
Listing updated: Jun 16, 2026 at 01:30pm.
Last checked: Jun 16, 2026 at 02:00pm
Source: CRMLS #CV26123881
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 3 | 2 | 1 | — | $5,215 | $6 | $5,215 | Unfurnished |
# of Buildings: 4
# of Units Total: 3
Separate Electric Meters: 3
Separate Gas Meters: 3
Separate Water Meters: 3
Dishwasher: 3
Disposal: 3
Ranges: 3
Rent Control: No
Tenant Pays: All Utilities, Trash Collection
Financial Snapshot
Gross Rent Multiplier
16.8x
List Price / Annual Gross Rent
Cap Rate
5.32%
NOI / List Price
Gross Scheduled Income: $62,580
Operating Expense: $6,170
Net Operating Income: $55,830
Annual Operating Expenses
Insurance: $4,500
Licenses: $180
Supplies: $650
Trash: $0
Interior
Interior Features: Built In Features, Ceiling Fans, Granite Counters, Open Floor Plan, Pantry, All Bedrooms Down, Main Floor Bedroom, Walk-in Closets
Room Type: Bedroom, Kitchen, Laundry, Living Room, Other
Cooling: Ductless
Heating: Ductless
Appliances: Dishwasher, Electric Range, Disposal, Gas Range, Range Hood
Fireplace: None
Laundry: Laundry Room
Accessibility: No Stairs, Parking
Entry Location: East
Exterior
Architectural Style: Bungalow, Craftsman
Property Attached: No
Stories Total: 1
Levels: One
Roof: Composition
Foundation: Raised
Window Features: Wood Frames
Construction Materials: Clapboard
Exterior: Lighting
Common Walls: No Common Walls
Direction Faces: East
Security Features: Carbon Monoxide Detectors, Smoke Detectors
Pool: None
Spa: None
Fencing: None
Water Source: Public
Sewer: Public Sewer
Electric: Standard
Utilities: Electricity Available, Sewer Connected, Water Connected
View: None
Garage and Parking
Garage Spaces: 1
Uncovered Spaces: 3
Carport Spaces: 0
Parking Total: 4
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 1048576110000
Additional Parcels: No
Tax Lot: 11
Tax Block: 26
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Curbs