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Craftsman Duplex with Corner Lot
For Sale
Under Contract
$975,000

836 N Euclid Ave N, Ontario, CA 91762

MULTI_FAMILY - Craftsman - Ontario, CA

Property Size2,900 SF
Lot Size0.22 Acres
Price / SF$336.21
Days on Market50

Property Features for 836 N Euclid Ave N

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 7
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 1, Bedroom 7, Laundry Room, Bathroom 2, Bedroom 3, Bedroom 5, Bedroom 2, Bathroom 3, Bedroom 6, Bedroom 1, Kitchen, Bedroom 4
Parking 6
Parking features Paved or Surfaced, Garage
Interior features Beamed Ceilings, Built-in Features, In-Law Floorplan
Fireplace 1
Lot features Corner Lot
Directions On Eudlid and Granada
Subdivision 686 - Ontario
Standard status Active Under Contract
APN 1048251470000
Lot size 0.22 Acres

Utilities

Sewer type Public Sewer
Heating system Wall Furnace
Water source Public

Building Details

Year built 1915
Floors in Building 2
Number of units 2
Flooring type Carpet, Wood
Roof type Composition
Architectural style Craftsman
Listing Agency: Century 21 Masters · Century 21 Real Estate
Listed By: Randy Horowitz · License #00642597
Added: Jul 2 Changed: Aug 18 Last Checked: Aug 20 at 7:06AM
MLS# CV26143485

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1915, this Craftsman duplex sits on an expansive corner lot and is configured into two complete yet attached residences. The main residence offers four bedrooms and one-and-a-half bathrooms, while the second residence offers three bedrooms and one bathroom. Both units feature their own welcoming front porch and private rear yard space.

Inside, you’ll find original character elements such as gleaming wood flooring and wood-beamed ceilings, along with built-in features and an in-law floorplan. The property has wall furnace heating and a composition roof, and there is a fireplace. Each residence has its own gas and electric metering.

Parking is arranged with a four-car tandem garage for the main residence and a two-car tandem garage for the second unit, providing ample space for vehicles, hobbies, or storage. Public water and public sewer service are provided.

The combined interior area is over 2,900 square feet, supporting a flexible living and rental setup where one unit can complement the other.

Key Highlights

  • Built in 1915 Craftsman duplex on an expansive corner lot
  • Two complete yet attached residences with separate living spaces
  • Main unit: four bedrooms and one‑and‑a‑half bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$42,723
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.38%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$854,460 $854.5K
Cap Rate 7%
$610,329 $610.3K
Cap Rate 9%
$474,700 $474.7K
Market Conditions
NOI Build-Up for 2,900 SF Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent. EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs. OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements. NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$64.4K $22.20/SF
− Vacancy
−$3.3K −$1.15/SF
EGI
$61.0K $21.05/SF
− OpEx
−$18.3K −$6.31/SF
NOI
$42.7K $14.73/SF
Area
Ontario, CA
Vacancy
5.20%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$854,460
Cap Rate 7%
$610,329
Cap Rate 9%
$474,700

Alternative Uses

Best Use
Multifamily LT 5
$610.3K
$534.0K – $712.1K (±1% cap)
NOI $42,723 @ 7.0% cap · market cap 4.38%
Second Best
Apartment 5plus
$524.1K
$458.6K – $611.5K (±1% cap)
NOI $36,687 @ 7.0% cap · market cap 3.76%
Theoretical Best
Specialty Retail
$750.0K
$656.3K – $875.0K (±1% cap)
NOI $52,502 @ 7.0% cap · market cap 5.38%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Electrical Service HVAC Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Locksmith Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,039
Businesses Nearby

Demographics for 91762, CA

62,524
Population
20,163
Households
3.1
Avg Household Size
34
Median Age
21%
College-Educated
77%
High-School Grad
14.3 sq mi
ZIP Area
4,372
Density / Sq Mi
$76,289
Median Household Income
$40,085
Median Earnings
$1,752
Median Rent
$568,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Craftsman duplex with two attached residences, separate gas and electric metering, and tandem garage parking.
Where is this duplex located?
The property is located at 836 N Euclid Ave N Ontario, CA.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Built in 1915 Craftsman duplex on an expansive corner lot; Two complete yet attached residences with separate living spaces; Main unit: four bedrooms and one‑and‑a‑half bathrooms
More about this property
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