Triplex with Multiple
For Sale
$980,000
Pending
1115 W Ralston, Ontario, CA 91762
Three-unit residential property with a varied unit layout, private garages, and established long-term tenancy.
Property Size3,000 SF
Days on Market51
Property Features for 1115 W Ralston
General Information
Standard status
Pending
Size
3,000 SF
Property subtype
Apartment
Building Details
Building Size
3,000 SF
Year Built
1983
Listing Agency:
SoCal Realty Group
Listed By:
Amy Alvarez · License #01216079
(909) 821-5590
Source:
Camdenmckayre
Added: Sep 2
Changed: Oct 17
Last Checked: Oct 21 at 6:18AM
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 Realty Group
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Investment Insights
Based on property information with market context.
Built in 1983, this triplex includes one lower-level three-bedroom unit with a two-car garage and two upper-level two-bedroom units, each paired with a one-car garage. The configuration provides three separate residences with dedicated parking and a mix of unit sizes. Two tenants have occupied the property for more than 20 years, providing a documented history of extended tenancy.
The property is located at 1115 W. Ralston in Ontario, California, near shopping, schools, and the 60 FWY. It sits on a quiet residential street with convenient access for regional commuting. Existing tenancy and the distinct unit configuration define the property’s current residential income profile.
The property is located at 1115 W. Ralston in Ontario, California, near shopping, schools, and the 60 FWY. It sits on a quiet residential street with convenient access for regional commuting. Existing tenancy and the distinct unit configuration define the property’s current residential income profile.
Key Highlights
- Three‑unit triplex built in 1983
- One downstairs three‑bedroom unit with a two‑car garage
- Two upstairs two‑bedroom units, each with a one‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,196
Cap Rate
4.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$883,920
$883.9K
Cap Rate 7%
$631,371
$631.4K
Cap Rate 9%
$491,067
$491.1K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$66.6K $22.20/SF
− Vacancy
−$3.5K −$1.15/SF
EGI
$63.1K $21.05/SF
− OpEx
−$18.9K −$6.31/SF
NOI
$44.2K $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 Rate 5%
$883,920
Cap Rate 7%
$631,371
Cap Rate 9%
$491,067
Alternative Uses
Best Use
Multifamily LT 5
$631.4K
$552.5K – $736.6K
NOI $44,196 @ 7.0% cap · market cap 4.51%
Second Best
Apartment 5plus
$542.2K
$474.4K – $632.5K
NOI $37,952 @ 7.0% cap · market cap 3.87%
Theoretical Best
Specialty Retail
$775.9K
$678.9K – $905.2K
NOI $54,313 @ 7.0% cap · market cap 5.54%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
382
Businesses Nearby
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Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Three-unit residential property with a varied unit layout, private garages, and established long-term tenancy.
Where is this triplex located?
The property is located at 1115 W Ralston Ontario, CA.
What is the asking price?
The asking price for this property is $980,000.
What are key features of this property?
This property features: Three‑unit triplex built in 1983; One downstairs three‑bedroom unit with a two‑car garage; Two upstairs two‑bedroom units, each with a one‑car garage
