Ontario, California
For people with a typical income, home ownership in California is out of the question. But that is not so in some areas of Ontario, California. In Los Angeles, San Francisco, and San Diego you need to be earning a salary of over $100,000 a year to qualify for a home. In Ontario, California, households have a median annual income of $54,896.
In New Haven – a part of Ontario Ranch which is a sub-development of 8,200 acres in Ontario, California - you can get a home for as low as the high 200,000s. And it’s only about 35 miles East of Los Angeles.
As for commercial real estate news in Ontario, California, a Class A office campus was recently purchased for $36,850,000. It has 2 buildings of a total of 176,813 square feet sitting on 6.7 acres. There are 28 tenants which include Prudential, Regus, Farmers Insurance, and Pacer Technology.
One of the population centers in our country that is growing the quickest is Ontario, California. And the second quickest growing location home to high-tech jobs is the Inland Empire; a large section of foothills and dessert encompassing parts of both San Bernardino and Riverside Counties. The growth has gone up on an exponential level from companies moving in – domestic as well as foreign.
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