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Three-Unit Residential Triplex
For Sale
$299,000
Pending

4650 Nielson, Phelan, CA 92371

Triplex with three residential units and PH/CS zoning, plus 4 shares of Sheep Creek Water stock transfer to buyer.

Days on Market86

Property Features for 4650 Nielson

General Information

Standard status Pending
Property subtype Investment
Zoning PH/CS

Additional Details

Water Rights Yes
Multifamily Units 3

Building Details

Year Built 1935
Listing Agency: Keller Williams Realty Redlands
Listed By: DINA VELEZ · License #01844680
Source: Elliman
Added: May 9 Changed: Jul 22 Last Checked: Jul 23 at 10:58AM

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 Keller Williams Realty Redlands

Investment Insights

Based on property information with market context.

This three-unit residential triplex offers a total of three separate units under PH/CS zoning. The property also includes a transfer of 4 shares of Sheep Creek Water stock to the buyer.

The property is located at 4650 Nielson in Phelan, CA 92371. Public remarks indicate walkScore of 20 (car-dependent) and bikeScore of 21 (somewhat bikeable).

For buyers looking for income-oriented residential housing, the key takeaway is the existing three-unit configuration combined with the stated water stock transfer.

Key Highlights

  • Triplex with 3 residential units
  • Year built 1935
  • PH/CS zoning

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Furniture & Home Goods Locksmith (Bike/Boat/Book/etc) Store Catering Service Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Yes
Water rights

Location Intelligence

Trade Area within ½ mile

15
Businesses Nearby

Demographics for 92371, CA

16,345
Population
6,683
Households
2.4
Avg Household Size
40
Median Age
12%
College-Educated
87%
High-School Grad
132.1 sq mi
ZIP Area
124
Density / Sq Mi
$78,761
Median Household Income
$39,703
Median Earnings
$1,701
Median Rent
$351,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Triplex with three residential units and PH/CS zoning, plus 4 shares of Sheep Creek Water stock transfer to buyer.
Where is this triplex located?
The property is located at 4650 Nielson Phelan, CA.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Triplex with 3 residential units; Year built 1935; PH/CS zoning
More about this property
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