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8951 Monte Vista Ave

Montclair, CA 91763
  • $11,000,000
  • STATUS: Active
  • ON SITE: 60 Days
  • ID#: CV26005212
UPDATED: 121 min ago
$11,000,000
  • 0
    BEDS
  • 0.65
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2021
County:

School Ratings & Info

Listing Agent(s): Justino Faaola of COMPASS (626-387-8422)


Description

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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-10T00:27:18.93. 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 deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
www.bestsocalhomesearch.com/homes/171918331
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8951 Monte Vista Ave Montclair, CA 91763

  • Price: $11,000,000
  • Status: Active
  • On Site: 60 Days
  • Updated: 121 min ago
  • ID#: CV26005212
0
Beds
0
Baths
0
½ Baths
0.65
Acres
2021
Built
Neighborhood:
685 - Montclair
County:
San Bernardino
Area:
685 - Montclair
Property Description
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.
Exterior Features

Entry Level 1 Entry Location Street Horse Amenities Riding Trail Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 24 Parking Features AssignedCoveredGarage Parking Total 31 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Appliances BarbecueElectric RangeGas OvenMicrowaveRefrigeratorDryerWasher Common Walls 2+ Common Walls Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes

Property Features

Additional Parcels YN No Cap Rate 4.14 Common Interest Community Apartment Community Features BikingCurbsDog ParkFoothillsGolfGutter(s)HikingHorse TrailsMountainousParkStreet LightsSuburbanSidewalksValley Electric Expense 1587 Fuel Expense 0 Garage YN Yes Gross Income 15788 Gross Scheduled Income 685988 Insurance Expense 9428 Land Lease YN No Laundry Features Common AreaInsideLaundry Closet Levels Three Or More Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to Existing LoanCash to New Loan1031 Exchange Maintenance Expense 11500 Net Operating Income 455876 New Construction YN No New Taxes Expense 126768 Number Of Separate Gas Meters 24 Number Of Separate Water Meters 1 Number Of Units Leased 22 Operating Expense 216392 Pest Control Expense 1190 Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Supplies Expense 1065 Tenant Pays All Utilities Total Actual Rent 55500 Trash Expense 12444 Vacancy Allowance 13720 Water Sewer Expense 21643 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-10T00:27:18.93. 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 deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
 
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Realty ONE Group Empire
13330 Ranchero Rd. Ste 12
Oak Hills CA, 92344
Listing Agent(s): Justino Faaola of COMPASS (626-387-8422)