Updated Two-Residence
For Sale
$999,900
1421 Bonita, La Verne, CA 91750
Two separately accessed homes offer private outdoor areas, dedicated parking, and flexible occupancy options.
Property Size1,786 SF
Days on Market10
Property Features for 1421 Bonita
General Information
Standard status
Active
Size
1,786 SF
Property subtype
Duplex
Site & Location
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Units
Unit Mix
2BR/1BA, 3BR/2BA
Multifamily Units
2
Amenities
washer/dryer hookups
private backyard
solar panels
Building Details
Building Size
1,786 SF
Year Built
2023
Listing Agency:
Rodeo Realty
(818) 482-0085
Listed By:
Poupee Komenkul · License #01060862
Source:
Camdenmckayre
Added: Aug 18
Changed: Aug 21
Last Checked: Aug 26 at 2:48PM
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 Rodeo Realty
Investment Insights
Based on property information with market context.
This duplex property includes two distinct residences with separate access. The front home measures approximately 800 square feet and contains 2 bedrooms and 1 bathroom, along with a living room, dining area, updated kitchen, laundry hookups, private backyard, and one-car garage. It is currently tenant-occupied. A newer rear ADU, built in 2023 and fully permitted, provides approximately 1,000 square feet with 3 bedrooms and 2 bathrooms. The unit has its own alley entrance, yard, parking area, laundry hookups, and fully paid solar panels.
The property is near the University of La Verne, the Claremont Colleges, Western University of Health Sciences, schools, shopping, dining, employment centers, and major commuter freeways. Metro A Line service provides connections toward Pasadena and Los Angeles. Two independent residences support owner occupancy, extended-family use, or leasing both homes, subject to applicable requirements.
The property is near the University of La Verne, the Claremont Colleges, Western University of Health Sciences, schools, shopping, dining, employment centers, and major commuter freeways. Metro A Line service provides connections toward Pasadena and Los Angeles. Two independent residences support owner occupancy, extended-family use, or leasing both homes, subject to applicable requirements.
Key Highlights
- Two residences with separate access on one property
- Front home: approximately 800 square feet, 2 bedrooms, 1 bathroom, private backyard, and one‑car garage
- Rear ADU: approximately 1,000 square feet with 3 bedrooms and 2 bathrooms
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
$31,190
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
3.12%
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%
$623,800
$623.8K
Cap Rate 7%
$445,571
$445.6K
Cap Rate 9%
$346,556
$346.6K
Market Conditions
NOI Build-Up for 1,786 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
$48.2K $27.00/SF
− Vacancy
−$3.7K −$2.05/SF
EGI
$44.6K $24.95/SF
− OpEx
−$13.4K −$7.48/SF
NOI
$31.2K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /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%
$623,800
Cap Rate 7%
$445,571
Cap Rate 9%
$346,556
Alternative Uses
Best Use
Multifamily LT 5
$445.6K
$389.9K – $519.8K
NOI $31,190 @ 7.0% cap · market cap 3.12%
Second Best
Apartment 5plus
$410.5K
$359.2K – $479.0K
NOI $28,738 @ 7.0% cap · market cap 2.87%
Theoretical Best
Office A
$956.2K
$836.7K – $1.12M
NOI $66,935 @ 7.0% cap · market cap 6.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
672
Businesses Nearby
Explore this area
Business Placement
Demographics for 91750, CA
33,376
Population
12,928
Households
2.6
Avg Household Size
46
Median Age
41%
College-Educated
93%
High-School Grad
18.5 sq mi
ZIP Area
1,804
Density / Sq Mi
$104,827
Median Household Income
$56,417
Median Earnings
$2,217
Median Rent
$789,100
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 separately accessed homes offer private outdoor areas, dedicated parking, and flexible occupancy options.
Where is this duplex located?
The property is located at 1421 Bonita La Verne, CA.
What is the asking price?
The asking price for this property is $999,900.
What are key features of this property?
This property features: Two residences with separate access on one property; Front home: approximately 800 square feet, 2 bedrooms, 1 bathroom, private backyard, and one‑car garage; Rear ADU: approximately 1,000 square feet with 3 bedrooms and 2 bathrooms
