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Furnished Multifamily Studio
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123 W Green, Claremont, CA 91711

Claremont, CA

Property Size720 SF
Lot Size0.24 Acres
Price / SF$3.19
Days on Market5

Property Features for 123 W Green

General Information

Property type Residential Multi Family
Property subtype Duplex
Bathrooms 1
Full bathrooms 1
Rooms Laundry Room, Bathroom 1
Parking features Assigned
Spa 1
Exterior features Barbecue Private
Appliances Microwave, Refrigerator
Lot features 2-5 Units/ Acre
Elementary school district Claremont Unified
Middle school district Claremont Unified
High school district Claremont Unified
Directions E Arrow Hwy, Left on Indian Hill blvd, Right on Green St
Subdivision 683 - Claremont
Standard status Active
APN 8313022008
Size 720 SF
Lot size 0.24 Acres

Utilities

Sewer type Public Sewer
Cooling system Window Unit(s), Wall/Window Unit(s)
Water source Public

Amenities

above-ground spa
private outdoor area

Building Details

Year built 1957
Floors in Building 1
Number of units 1
Listing Agency: THE IVRI GROUP, INC.
Listed By: Brandon Ruelas · License #02071953
Added: Oct 28 Changed: Oct 30 Last Checked: Nov 1 at 6:06AM
MLS# CV26227736

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.

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Investment Insights

Based on property information with market context.

This furnished multifamily studio offers 720 square feet with an open layout, kitchenette, full bathroom, and closet. The kitchenette includes a microwave and refrigerator, while window or wall-window cooling serves the interior. Assigned parking is provided, and the property has public water and sewer service. Built in 1957, the studio also includes a laundry room.

Outdoor features include a private area with barbecue and an above-ground spa. The property occupies a 0.2367-acre parcel at 123 W Green in Claremont, California, near Claremont Village, the Claremont Colleges, restaurants, cafes, and shopping. Utilities are included in the rent.

Key Highlights

  • 720‑square‑foot furnished studio
  • 0.2367‑acre parcel at 123 W Green, Claremont, CA 91711
  • Private outdoor area with barbecue and above‑ground spa

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,585
Suggested Prices Based on Cap Rates
Cap Rate 5%
$231,700 $231.7K
Cap Rate 7%
$165,500 $165.5K
Cap Rate 9%
$128,722 $128.7K
Market Conditions
NOI Build-Up for 720 SF
Gross rent
$22.9K $31.80/SF
− Vacancy
−$1.8K −$2.54/SF
EGI
$21.1K $29.26/SF
− OpEx
−$9.5K −$13.17/SF
NOI
$11.6K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$231,700
Cap Rate 7%
$165,500
Cap Rate 9%
$128,722

Alternative Uses

Best Use
Apartment 5plus
$165.5K
$144.8K – $193.1K (±1% cap)
NOI $11,585 @ 7.0% cap · market cap 503.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$385.5K
$337.3K – $449.7K (±1% cap)
NOI $26,984 @ 7.0% cap · market cap 1,173.22%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

1,736
Businesses Nearby

Demographics for 91711, CA

38,122
Population
13,219
Households
2.9
Avg Household Size
39
Median Age
59%
College-Educated
95%
High-School Grad
14.9 sq mi
ZIP Area
2,559
Density / Sq Mi
$121,970
Median Household Income
$50,978
Median Earnings
$2,135
Median Rent
$870,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - A private outdoor area and above-ground spa extend the studio’s living space.
Where is this multifamily property located?
The property is located at 123 W Green Claremont, CA.
What are key features of this property?
This property features: 720‑square‑foot furnished studio; 0.2367‑acre parcel at 123 W Green, Claremont, CA 91711; Private outdoor area with barbecue and above‑ground spa
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