18-Unit Apartment
For Sale
$6,300,000
144 E Baseline Rd, San Dimas, CA 91773
Two contiguous parcels offer varied apartment layouts with individually metered gas and electricity.
Property Size16,928 SF
Days on Market49
Property Features for 144 E Baseline Rd
General Information
Standard status
Active
Size
16,928 SF
Property subtype
Multifamily
Amenities
Outstanding Rental Location
Rare Opportunity to Purchase in San Dimas – High Barrier to Entry
Constructed in: 2025 (2 Units), 1989 (4 Units), 1963 (12 Units)
Excellent Unit Mix of One, Two, and Three-Bedroom Floor Plans
Close Proximity to Interstate 210 & California State Route 57
Combined 16,888 Rental Square Feet for the 18 units
Combined 37,557 Square Feet on Two Parcels
Average Household Income Over $120,000 within 3-Mile Radius Population in excess of 310,000 within a 5-Mile Radius
Building Details
Building Size
16,928 SF
Units
18
Listing Agency:
Marcus & Millichap - Inland Empire
Listed By:
Douglas McCauley · License #License(s): CA: 01155706
(626) 695-6776
Source:
Marcusmillichap
Added: Aug 20
Changed: Sep 7
Last Checked: Oct 7 at 8:37AM
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 Marcus & Millichap - Inland Empire
Investment Insights
Based on property information with market context.
This multifamily offering combines two contiguous parcels with 18 apartment units. The 144 East Baseline Road parcel includes a two-story, 12-unit building constructed in 1963, with twelve two-bedroom, one-bathroom apartments averaging 908 square feet. The property also includes a leased laundry facility, individually metered gas and electricity, and a central hot water heater.
The 150 East Baseline Road parcel contains six units: two one-bedroom, one-bathroom ADUs, two two-bedroom, two-bathroom single-story apartments, and two three-bedroom townhouse-style units with two- and two-and-one-half-bathroom layouts. Select units include dishwashers, private backyards, central air conditioning and heat, washer and dryer hookups, and two-car attached garages with direct unit access. The 150 East Baseline Road units have individual gas and electricity meters and individual hot water heaters.
The property is north of Interstate 210 near the San Dimas Avenue exit and offers proximity to California State Route 57. Retail and dining options include Costco, Sam’s Club, Home Depot, Target, Trader Joe’s, and In-N-Out Burger. The Foothill Gold Line Station is 1.2 miles away.
The 150 East Baseline Road parcel contains six units: two one-bedroom, one-bathroom ADUs, two two-bedroom, two-bathroom single-story apartments, and two three-bedroom townhouse-style units with two- and two-and-one-half-bathroom layouts. Select units include dishwashers, private backyards, central air conditioning and heat, washer and dryer hookups, and two-car attached garages with direct unit access. The 150 East Baseline Road units have individual gas and electricity meters and individual hot water heaters.
The property is north of Interstate 210 near the San Dimas Avenue exit and offers proximity to California State Route 57. Retail and dining options include Costco, Sam’s Club, Home Depot, Target, Trader Joe’s, and In-N-Out Burger. The Foothill Gold Line Station is 1.2 miles away.
Key Highlights
- 18 apartment units across two contiguous parcels
- 144 East Baseline Road includes twelve two‑bedroom/one‑bathroom units averaging 908 square feet
- 150 East Baseline Road includes two ADUs, two two‑bedroom units, and two three‑bedroom townhouse‑style units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$272,385
Cap Rate
4.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,447,700
$5.4M
Cap Rate 7%
$3,891,214
$3.9M
Cap Rate 9%
$3,026,500
$3.0M
Market Conditions
NOI Build-Up for 16,928 SF
Gross rent
$538.3K $31.80/SF
− Vacancy
−$43.1K −$2.54/SF
EGI
$495.2K $29.26/SF
− OpEx
−$222.9K −$13.17/SF
NOI
$272.4K $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%
$5,447,700
Cap Rate 7%
$3,891,214
Cap Rate 9%
$3,026,500
Alternative Uses
Best Use
Apartment 5plus
$3.89M
$3.40M – $4.54M
NOI $272,385 @ 7.0% cap · market cap 4.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.06M
$7.93M – $10.57M
NOI $634,423 @ 7.0% cap · market cap 10.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
620
Businesses Nearby
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Business Placement
Demographics for 91773, CA
34,592
Population
12,363
Households
2.8
Avg Household Size
44
Median Age
40%
College-Educated
93%
High-School Grad
15.0 sq mi
ZIP Area
2,306
Density / Sq Mi
$105,926
Median Household Income
$51,673
Median Earnings
$2,232
Median Rent
$754,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Two contiguous parcels offer varied apartment layouts with individually metered gas and electricity.
Where is this apartment building located?
The property is located at 144 E Baseline Rd San Dimas, CA.
What is the asking price?
The asking price for this property is $6,300,000.
What are key features of this property?
This property features: 18 apartment units across two contiguous parcels; 144 East Baseline Road includes twelve two‑bedroom/one‑bathroom units averaging 908 square feet; 150 East Baseline Road includes two ADUs, two two‑bedroom units, and two three‑bedroom townhouse‑style units
