Montclair (685) Homes with Apartment Subtype

Welcome to Montclair, California, a vibrant city nestled in the heart of San Bernardino County. Known for its charming neighborhoods and community-oriented atmosphere, Montclair offers a unique blend of suburban living with easy access to urban amenities. With a rich cultural tapestry and a variety of recreational opportunities, it’s no wonder that this area is a sought-after destination for families and individuals alike.

Montclair boasts a diverse housing market, and one of the standout options available is homes with apartment subtypes. These properties are perfect for those looking to maximize their investment potential while enjoying the benefits of living in a welcoming community. Imagine owning a multi-family home where you can reside in one unit while renting out the others—providing a steady income stream and helping to offset your mortgage costs.

The homes in Montclair are characterized by their charming designs, spacious layouts, and modern amenities. Whether you’re seeking a cozy bungalow or a larger multi-family residence, you’ll find a range of options that cater to different lifestyles and budgets. The proximity to local parks, shopping centers, and schools makes Montclair an ideal place for families, while the vibrant downtown area offers a lively atmosphere for young professionals.

With its strategic location, Montclair provides easy access to major highways and public transportation, making commuting a breeze. Embrace the opportunity to invest in a home with an apartment subtype in Montclair, where you can enjoy the best of both worlds: a peaceful residential environment and the potential for financial growth. Discover your dream home in this delightful city today!

Newest Montclair (685) Homes with Apartment Subtype

$10,500,000

CV26005212 MLS ⋅ Active Status

Vista Court Apartments is an exquisitely-designed, 23-unit, luxury apartment community located at the heart of Montclair, CA. Vista Court Apartments is located at 8951 Monte Vista Ave at the highly amentized corner of Arrow Highway and Monte Vista Ave, where highly desirable communities of Montclair, Claremont, and Upland merge. The property is located just 1-block from Montclair Metro Station to the North and Montclair Place Shopping Center to the south. Tenants benefit from having access to a variety of retailers, shops, and dining options like Target, Home Depot, Costco, LA Fitness, Golds Gym, Moreno Street Market Food Hall, Olive Garden, Applebee’s Chilis and many more options. Tenants also enjoy being a short 5-to-10-minute drive to frequently-travelled places like Downtown Claremont, Claremont Colleges, Victoria Gardens, Toyota Arena, and a large selection of employers found one city over in the City of Ontario, the employment hub of the Inland Empire. Vista Court Apartments was meticulously designed with modern-luxury features. Tenants at Vista Court enjoy a plethora of high-level features like gourmet kitchens with stainless steel appliances, undermount sinks, quarts counters in kitchen and bathrooms, wood plank flooring, modern bathrooms, in-unit washer and dryer, central AC, double-pane energy-efficient windows, recessed lighting, and large outdoor patio or balcony in every unit. Throughout the community, tenants enjoy access to covered/assigned secured parking, a +/-700 SF community room equipped with a kitchen, bathroom, and entertainment area for hosting, outdoor BBQ & picnic area, and ample open green space. Vista Court features 23 large apartment homes with 18 unique floorplans. The property offers 28,258 SF of rentable building space and spans across a generous 28,280 SF site. The property consists of 12, 1-Bedroom/1-Bathrooms, 2, 2-Bedroom/2-Bathrooms, and 9, 2-Bedroom/2.5-Bathroom townhouse-style apartment homes. Currently the property produces nearly $682,000 in annual rental income. Additional revenue stream from on-site parking, storage, and the community room. An experienced investor will recognize the opportunity to preserve the investment’s NOI through RUBS and other forms of aggressive management processes. A new investor also has the option to assume the existing loan from Umpqua Bank at a below market interest rate of 4.04% fixed for another 4 years.

8951 Monte Vista Ave, Montclair

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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.