Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

341 Muscatel Avenue

Ontario, CA, 91764

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$938,000

MLS: 26653725

Beds

7

Baths

4

Sq Ft

2,588

Lot

0.17 ac

Year Built

1923

MLS #

26653725

Days on Market

42

Listed

Mar 2, 2026

Description

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.

Location

Ontario, San Bernardino County, CA 91764

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Listed by: Won Mo · Keller Williams Beverly Hills

Payment estimate

$6,816

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $93,800 · Loan: $844,200

%
Principal & Interest
$5,187
Property tax (1.25%)
$977
Homeowners insurance
$300
Mortgage insurance
$352
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Ontario home with as little as 3.5% down using an FHA loan — roughly $32,830 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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