Mixed-Use Property with Gated
For Sale
Contact for pricing
1004 E California, Ontario, CA 91761
A freestanding office with a private restroom accompanies the enclosed outdoor area.
Property Size624 SF
Price / SF$7.21
Days on Market17
Property Features for 1004 E California
General Information
Standard status
Active
Size
624 SF
Property subtype
MixedUse
Building Details
Year Built
1950
Listing Agency:
Socal Real Estate & Mgmt Inc
(909) 475-7276
Listed By:
Marisol Amavizca · License #01916233
(909) 861-5436
Source:
Lugobros
Added: Oct 15
Changed: Oct 28
Last Checked: Oct 28 at 2:48PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Socal Real Estate & Mgmt Inc
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property pairs a 624 SF detached office/flex building with a 12,632 SF gated lot. The office, built in 1950, was adapted from a residence and includes a private restroom and administrative space. The secured yard provides room for equipment staging, contractor storage, fleet parking, or light logistics.
The Ontario property is near I-10, CA-60, and I-15, with Ontario International Airport a short drive away. Confirm land-use compatibility and required operating permits with the City of Ontario.
The Ontario property is near I-10, CA-60, and I-15, with Ontario International Airport a short drive away. Confirm land-use compatibility and required operating permits with the City of Ontario.
Key Highlights
- Gated 12,632 SF lot
- Detached 624 SF office/flex building, built in 1950
- Office includes a private restroom and administrative space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,038
Suggested Prices Based on Cap Rates
Cap Rate 5%
$180,760
$180.8K
Cap Rate 7%
$129,114
$129.1K
Cap Rate 9%
$100,422
$100.4K
Market Conditions
NOI Build-Up for 624 SF
Gross rent
$14.6K $23.40/SF
− Vacancy
−$2.6K −$4.09/SF
EGI
$12.1K $19.31/SF
− OpEx
−$3.0K −$4.83/SF
NOI
$9.0K $14.48/SF
Area
Ontario, CA
Vacancy
17.47%
Lease Rate
$23.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$180,760
Cap Rate 7%
$129,114
Cap Rate 9%
$100,422
Alternative Uses
Best Use
Mixed Use
$144.2K
$126.2K – $168.3K
NOI $10,096 @ 7.0% cap · market cap 224.36%
Second Best
Office B
$129.1K
$113.0K – $150.6K
NOI $9,038 @ 7.0% cap · market cap 200.84%
Theoretical Best
Specialty Retail
$161.4K
$141.2K – $188.3K
NOI $11,297 @ 7.0% cap · market cap 251.04%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
616
Businesses Nearby
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Business Placement
Demographics for 91761, CA
60,306
Population
18,309
Households
3.3
Avg Household Size
35
Median Age
21%
College-Educated
81%
High-School Grad
28.5 sq mi
ZIP Area
2,116
Density / Sq Mi
$97,396
Median Household Income
$44,493
Median Earnings
$2,015
Median Rent
$590,000
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A freestanding office with a private restroom accompanies the enclosed outdoor area.
Where is this mixed-use property located?
The property is located at 1004 E California Ontario, CA.
What are key features of this property?
This property features: Gated 12,632 SF lot; Detached 624 SF office/flex building, built in 1950; Office includes a private restroom and administrative space
