Renovated Duplex with Permitted
New
For Sale
$739,000
1161 N La Cadena, Colton, CA 92324
Two detached residences provide separate access, private outdoor areas, and dedicated garage space for flexible occupancy.
Property Size2,364 SF
Days on Market5
Property Features for 1161 N La Cadena
General Information
Standard status
Active
Size
2,364 SF
Total Parking Spaces
3
Property subtype
Other
Units
Unit Mix
1 x 4BR/3BA, 1 x 2BR/1BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Amenities
private yard
dual-pane windows
Building Details
Building Size
2,364 SF
Year Built
1927
Buildings
2
Stories
1
Units
2
Listing Agency:
(323) 821-8323
Listed By:
Fernando Jaramillo
Source:
Elliman
Added: Aug 17
Changed: Aug 20
Last Checked: Aug 20 at 11:53AM
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 Fernando Jaramillo
Investment Insights
Based on property information with market context.
This duplex property at 1161 N La Cadena in Colton includes a remodeled 4-bedroom, 3-bathroom front residence and a permitted 2-bedroom, 1-bathroom ADU at the rear. The two homes are fully detached, with independent access and separate private yard areas. The main house connects directly to a 2-car garage, while the ADU includes a private single-car garage and a separate alley entrance. The original residence dates to 1927, and the ADU was built in 2026.
Recent improvements include new roofs, dual-pane windows, fresh paint, updated kitchens and bathrooms, and comprehensive electrical work. Both structures were re-wired, with a new main electrical meter panel and subpanels installed. The property has a Walk Score of 71, a Bike Score of 56, and a Transit Score of 35.
Recent improvements include new roofs, dual-pane windows, fresh paint, updated kitchens and bathrooms, and comprehensive electrical work. Both structures were re-wired, with a new main electrical meter panel and subpanels installed. The property has a Walk Score of 71, a Bike Score of 56, and a Transit Score of 35.
Key Highlights
- Two detached residences: a remodeled 4‑bedroom, 3‑bathroom main house and permitted 2‑bedroom, 1‑bathroom ADU
- ADU built 2026 with a separate alley entrance and private single‑car garage
- Main residence includes direct access to a spacious 2‑car garage
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
$24,108
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
3.26%
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%
$482,160
$482.2K
Cap Rate 7%
$344,400
$344.4K
Cap Rate 9%
$267,867
$267.9K
Market Conditions
NOI Build-Up for 2,364 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
$36.6K $15.48/SF
− Vacancy
−$2.2K −$0.91/SF
EGI
$34.4K $14.57/SF
− OpEx
−$10.3K −$4.37/SF
NOI
$24.1K $10.20/SF
Area
San Bernardino County, CA
Vacancy
5.89%
Lease Rate
$15.48 /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%
$482,160
Cap Rate 7%
$344,400
Cap Rate 9%
$267,867
Alternative Uses
Best Use
Multifamily LT 5
$344.4K
$301.4K – $401.8K
NOI $24,108 @ 7.0% cap · market cap 3.26%
Second Best
Apartment 5plus
$299.0K
$261.6K – $348.8K
NOI $20,928 @ 7.0% cap · market cap 2.83%
Theoretical Best
Office A
$498.7K
$436.3K – $581.8K
NOI $34,906 @ 7.0% cap · market cap 4.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
617
Businesses Nearby
Explore this area
Business Placement
Demographics for 92324, CA
58,626
Population
19,150
Households
3.1
Avg Household Size
33
Median Age
16%
College-Educated
75%
High-School Grad
27.8 sq mi
ZIP Area
2,109
Density / Sq Mi
$69,419
Median Household Income
$36,956
Median Earnings
$1,600
Median Rent
$413,100
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two detached residences provide separate access, private outdoor areas, and dedicated garage space for flexible occupancy.
Where is this duplex located?
The property is located at 1161 N La Cadena Colton, CA.
What is the asking price?
The asking price for this property is $739,000.
What are key features of this property?
This property features: Two detached residences: a remodeled 4‑bedroom, 3‑bathroom main house and permitted 2‑bedroom, 1‑bathroom ADU; ADU built 2026 with a separate alley entrance and private single‑car garage; Main residence includes direct access to a spacious 2‑car garage
