721 Corvette, Ontario, CA 91764
Local realty services provided by:CENTURY 21 Allstars
721 Corvette,Ontario, CA 91764
$1,475,000
- - Beds
- - Baths
- 4,165 sq. ft.
- Multi-family
- Active
Listed by: douglas mccauley, david covarrubias
Office: marcus & millichap
MLS#:CV26015948
Source:CRMLS
Price summary
- Price:$1,475,000
- Price per sq. ft.:$354.14
About this home
****1 of 3 Property Portfolio: 3241 Inland Empire Blvd, 3132 Triumph Lane****
pleased to exclusively present the opportunity to acquire a well-maintained, townhome-style multifamily investment property located at 721 North
Corvette Drive in Ontario, CA, one of the Inland Empire’s most dynamic and rapidly growing rental markets. Constructed in 1987, this two-story, single-building asset comprises four units situated on a 0.24-acre parcel and has 4,165 square feet of rentable living area.
The property features an attractive unit mix that includes 1- two-bedroom/one-bathroom townhome; 1- two-bedroom/one-and-one-half-bathroom townhome and 2- three-bedroom/one-and-one-half-bathroom townhomes. Each unit is equipped with central air conditioning and heating, in-unit washer and dryer hook-ups, dishwashers, individual hot water heaters, and separate gas and electric metering. The property benefits from copper plumbing, pitched tile roof, and select units offer a fireplace, and private patios or balconies. Parking is ample and secure with attached garages consisting of two double-car garages, two single-car garages, and four additional open spaces. The asset is also eligible for attractive 30-year fixed-rate financing and there is no HOA.
Ontario is widely regarded as one of the most compelling multifamily investment markets in the Inland Empire, driven by sustained population growth, robust job creation, and relative affordability compared to coastal Southern California markets. The city offers exceptional regional connectivity via Interstates 10, 15, and 60, as well as close proximity to Ontario International Airport, a major logistics and transportation hub. Ontario’s diverse employment base is anchored by logistics and distribution, healthcare, education, manufacturing, and public-sector employment, providing a stable and expanding tenant base.
In addition, Ontario’s quality-of-life amenities continue to strengthen its live-work-play appeal. Major attractions such as Ontario Mills, along with ongoing sports, entertainment, and mixed-use development throughout the city, further enhance rental demand and long-term market fundamentals.
This offering represents an excellent opportunity to acquire a well-located, townhome-style apartment property with desirable unit features, strong tenant appeal, and long-term upside in one of the Inland Empire’s most resilient and affordable rental markets.
Contact an agent
Home facts
- Year built:1987
- Listing ID #:CV26015948
- Added:3 day(s) ago
- Updated:January 25, 2026 at 11:31 AM
Rooms and interior
- Living area:4,165 sq. ft.
Structure and exterior
- Year built:1987
- Building area:4,165 sq. ft.
- Lot area:0.24 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,475,000
- Price per sq. ft.:$354.14
New listings near 721 Corvette
- New
$750,000Active4 beds 3 baths2,133 sq. ft.3677 S Nexa Paseo, Ontario, CA 91761
MLS# CRPW26017836Listed by: KLM GOLDEN REAL ESTATE INC. - New
$544,016Active2 beds 3 baths1,082 sq. ft.2616 E Lincoln Paseo, Ontario, CA 91762
MLS# SW26018019Listed by: CENTURY 21 MASTERS - New
$544,016Active2 beds 3 baths1,082 sq. ft.2616 E Lincoln Paseo, Ontario, CA 91762
MLS# SW26018019Listed by: CENTURY 21 MASTERS - New
$469,000Active2 beds 2 baths1,000 sq. ft.1650 S Campus #12, Ontario, CA 91761
MLS# IV26011172Listed by: BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY - New
$788,000Active3 beds 2 baths1,970 sq. ft.517 W I, Ontario, CA 91762
MLS# CV26014978Listed by: ELEVATE REAL ESTATE AGENCY - New
$648,888Active3 beds 3 baths1,990 sq. ft.3109 E Chip Smith Way, Ontario, CA 91762
MLS# CV26017103Listed by: CENTURY 21 PRIMETIME REALTORS - New
$759,000Active3 beds 3 baths2,396 sq. ft.2838 E Clementine, Ontario, CA 91762
MLS# CV26017141Listed by: CENTURY 21 MASTERS - New
$612,000Active2 beds 1 baths918 sq. ft.749 W D, Ontario, CA 91762
MLS# IG26016219Listed by: SMART SELL REAL ESTATE - New
$685,990Active3 beds 3 baths1,906 sq. ft.3237 Silo Paseo, Ontario, CA 91761
MLS# SW26017133Listed by: CENTURY 21 MASTERS - New
$666,597Active3 beds 3 baths1,742 sq. ft.3195 Silo Paseo, Ontario, CA 91761
MLS# SW26017178Listed by: CENTURY 21 MASTERS