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Multifamily Property with Flat Lot
For Sale
$1,330,000

14650 Boyle Ave, Fontana, CA 92337

Residential units provide current rental income alongside recent building-system and exterior improvements.

Property Size4,388 SF
Lot Size0.87 Acres
Price / SF$303.10
Days on Market53

Property Features for 14650 Boyle Ave

General Information

Standard status Active
Size 4,388 SF
Lot size 0.87 Acres
Property subtype Multi-Family

Additional Details

Gross Income $104,400

Building Details

Year Built 1959
Listing Agency: GOLDEN WEST REAL ESTATE
Listed By: LAWRENCE SCHOELCH
Source: Robertandchristy
Added: Aug 23 Changed: Oct 13 Last Checked: Oct 9 at 8:25PM

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 GOLDEN WEST REAL ESTATE

Investment Insights

Based on property information with market context.

This multifamily property at 14650 Boyle in Fontana includes multiple residential units totaling approximately 4,388 SF, with 11 bedrooms and 5 bathrooms. The improvements include updated roofs, dual-pane windows, water heaters, electrical work, plumbing upgrades, and other property enhancements. The units currently generate rental income, subject to buyer verification of the operating details.

The property occupies a 38,108 SF, approximately 0.87-acre flat lot within Fontana’s commercial and industrial corridor. Surrounding businesses include commercial, industrial, warehouse, transportation, and contractor-related operations. The site may offer future development flexibility, subject to city approval and verification of zoning, land use, permits, square footage, and development potential.

Key Highlights

  • 38,108 SF lot measuring approximately 0.87 acres
  • Multiple residential units totaling approximately 4,388 SF
  • Unit configuration includes 11 bedrooms and 5 bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$59,388
Cap Rate
4.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,187,760 $1.2M
Cap Rate 7%
$848,400 $848.4K
Cap Rate 9%
$659,867 $659.9K
Market Conditions
NOI Build-Up for 4,388 SF
Gross rent
$114.3K $26.04/SF
− Vacancy
−$6.3K −$1.43/SF
EGI
$108.0K $24.61/SF
− OpEx
−$48.6K −$11.07/SF
NOI
$59.4K $13.53/SF
Area
Fontana, CA
Vacancy
5.50%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,187,760
Cap Rate 7%
$848,400
Cap Rate 9%
$659,867

Alternative Uses

Best Use
Apartment 5plus
$848.4K
$742.4K – $989.8K (±1% cap)
NOI $59,388 @ 7.0% cap · market cap 4.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.28M
$1.12M – $1.49M (±1% cap)
NOI $89,378 @ 7.0% cap · market cap 6.72%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Hair Salon Spa & Massage Center Gym & Fitness Center Bakery (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

445
Businesses Nearby

Demographics for 92337, CA

36,394
Population
9,730
Households
3.7
Avg Household Size
33
Median Age
16%
College-Educated
78%
High-School Grad
13.7 sq mi
ZIP Area
2,656
Density / Sq Mi
$104,936
Median Household Income
$41,372
Median Earnings
$2,120
Median Rent
$519,400
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
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Residential units provide current rental income alongside recent building-system and exterior improvements.
Where is this multifamily property located?
The property is located at 14650 Boyle Ave Fontana, CA.
What is the asking price?
The asking price for this property is $1,330,000.
What are key features of this property?
This property features: 38,108 SF lot measuring approximately 0.87 acres; Multiple residential units totaling approximately 4,388 SF; Unit configuration includes 11 bedrooms and 5 bathrooms
More about this property
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