4-Unit Residential Building with Detached
For Sale
$880,000
129 E G, Colton, CA 92324
Separate meters serve the residences, while the upper-level apartments have decks and all occupants share outdoor areas.
Property Size3,100 SF
Days on Market16
Property Features for 129 E G
General Information
Standard status
Active
Size
3,100 SF
Property subtype
Investment
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
4
Amenities
back yard
front yard
deck
Building Details
Building Size
3,100 SF
Year Built
1905
Buildings
2
Stories
2
Units
4
Listing Agency:
Action Real Estate Group
Listed By:
Farzana Naeem · License #01954912
(909) 257-8556
Source:
Elliman
Added: Sep 24
Changed: Oct 1
Last Checked: Oct 7 at 2:29PM
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 Action Real Estate Group
Investment Insights
Based on property information with market context.
Built in 1905, this four-unit residential property places all apartments within one building. Two units are on the upper level and include decks; the other two are downstairs. Residents share a central hallway, staircase, front yard, and backyard. The units have separate meters, and gas cooktops, microwaves, and refrigerators are noted. A detached 800-square-foot structure is also on the property, and zoning allows an ADU to be added.
The property is at 129 E G in Colton, near public transportation, with off-street parking. Its reported BikeScore is 50, WalkScore is 58, and TransitScore is 35.
The property is at 129 E G in Colton, near public transportation, with off-street parking. Its reported BikeScore is 50, WalkScore is 58, and TransitScore is 35.
Key Highlights
- Four residential units in one building: two upstairs and two on the lower level
- Upper‑level apartments have decks; front and back yards are shared
- Separate meters serve the units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,613
Cap Rate
3.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$632,260
$632.3K
Cap Rate 7%
$451,614
$451.6K
Cap Rate 9%
$351,256
$351.3K
Market Conditions
NOI Build-Up for 3,100 SF
Gross rent
$48.0K $15.48/SF
− Vacancy
−$2.8K −$0.91/SF
EGI
$45.2K $14.57/SF
− OpEx
−$13.5K −$4.37/SF
NOI
$31.6K $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 Rate 5%
$632,260
Cap Rate 7%
$451,614
Cap Rate 9%
$351,256
Alternative Uses
Best Use
Multifamily LT 5
$451.6K
$395.2K – $526.9K
NOI $31,613 @ 7.0% cap · market cap 3.59%
Second Best
Apartment 5plus
$392.1K
$343.1K – $457.4K
NOI $27,444 @ 7.0% cap · market cap 3.12%
Theoretical Best
Office A
$653.9K
$572.2K – $762.9K
NOI $45,773 @ 7.0% cap · market cap 5.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
882
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
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
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Frequently Asked Questions
What type of property is this?
Quadplex - Separate meters serve the residences, while the upper-level apartments have decks and all occupants share outdoor areas.
Where is this quadplex located?
The property is located at 129 E G Colton, CA.
What is the asking price?
The asking price for this property is $880,000.
What are key features of this property?
This property features: Four residential units in one building: two upstairs and two on the lower level; Upper‑level apartments have decks; front and back yards are shared; Separate meters serve the units
