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ActivePrice Reduced 58 days on market

341 Muscatel Avenue

Ontario, CA 91764

$938,000

$978,000

341 Muscatel Avenue
341 Muscatel Avenue photo 2
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+27 more
7Beds
4Baths
2,588Sq Ft
0.17Acres
1923Built

About This Home

Huge Price reduction! Approx. 8.2% CAP rate, offering strong cash flow and an excellent investment opportunity. 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 (1 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 8.2% 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.

Property Details

Property TypeSingleFamilyResidence
Year Built1923
Living Area2,588 sq ft
Lot Size0.17 acres
Bedrooms7
Bathrooms4 full
Parking Total2
HeatingCentral
PoolNo
MLS #1154188489
Days on Market58 days

Location

Listed by

Won Mo

Keller Williams Beverly Hills

MLS# CLW-C141728

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Based on information from CRMLS. All data is deemed reliable but not guaranteed. Listings marked with the CRMLS icon are provided courtesy of the California Regional MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing.