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About This Home
This 7-bedroom, 4-bathroom single family at 341 Muscatel Ave in Ontario, CA is listed for $978,000 ($378 per sqft). Built in 1923, the home offers 2,588 sqft of living space on a 0.17 acres lot.
Fully renovated 2024 Single-Family Residence with 1 ADU and 1 JADU, offering strong and stable rental income. Current rental income totals approximately $8,130 per month ($97,560 annually) : 341A - $3,100 (3 bed / 2 bath) 341B - $2,650 (3 bed / 1 bath) 341C - $2,380 (2 bed / 1 bath) Excellent opportunity for investors or 1031 exchange buyers seeking immediate cash flow.
Low-maintenance property with updated interiors and strong rental demand in the area. Strong Expense Structure Water, trash, electricity, and gas are currently paid by the seller. Total utility expenses are approximately $7,200 per year (about 7.4% of gross income).
Solar System Solar panels were installed in January 2025. The seller has prepaid the full 25-year solar lease. Buyer to verify lease terms and transfer process. Flexible Rental Structure Unit A (main SFR) is currently on a month-to-month lease, offering flexibility for future owner occupancy or rent adjustment.
Based on current income and asking price, the property is calculated at over 7.8% cap rate (buyer to verify). ADU and JADU were City-approved at the time of construction. Buyer to independently verify all information, Tenant occupied. Showings with accepted offer only. Do not disturb tenants.
Key Features
- Built in 1923
- 0.17 acre lot
- 2 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$5,231/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
341 Muscatel Ave
Ontario, CA 91764
Property Details
Flooring
Parking
Heating
Questions & Answers
This 7-bedroom, 4-bathroom single family at 341 Muscatel Ave is listed at $978,000 ($378/sqft). The estimated monthly payment is $4,238 based on 20% down at 6.5% interest.
Key features include: Built in 1923, 0.17 acre lot, 2 parking spaces.
This property is listed by Won Mo and can be reached at 4243599145 or mojayden9@gmail.com.