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Rialto Multifamily Investment Opportunity

1531 W Rialto Ave Fontana, CA 92335

1531 W Rialto Ave, Fontana, CA, 92335
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50-unit apartment complex in Rialto, California with value-add potential.

Property Size42,978 SF
Lot Size2.38 Acres
Price / SF$325.75
AddedJan 29
Days on Market168
Last RefreshJul 15 at 9:16 am

Property Features for 1531 W Rialto Ave

General Information

Standard status
Active
Size
42,978 SF
Lot size
2.38 Acres
Property subtype
Multifamily

Building Details

Year Built
1985

Listing office CBRE - Ontario

Listing date Jan 29, 2026

Source Crexi

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 CBRE - Ontario


Investment Insights

Based on property information with market context.

Cambria Villa Apartments, located at 1531 W Rialto Ave in Rialto, California, presents an investment opportunity. This 50-unit community is situated on approximately 103,672 square feet of land, with a total building area of approximately 42,978 square feet. Built in 1985, the property features a mix of one-bedroom and two-bedroom floor plans. Residences have been maintained and include granite countertops and neutral-colored ceramic tile flooring. Upper-level units have cathedral-style ceilings and dual sliding glass doors that lead to private patios or balconies. Each apartment home includes a galley-style kitchen equipped with a full appliance package, including dishwashers and built-in microwaves, as well as central air conditioning and heating. The gated community includes a swimming pool with outdoor seating, a landscaped courtyard with a picnic area, covered private garages for parking or storage, and surface parking. The property is located near major transportation arteries, including Interstate 10, Interstate 15, and State Route 210, providing connectivity to the Inland Empire and Greater Los Angeles employment markets. The location provides tenants easy access to the Kaiser Permanente Medical Center in Fontana. The property is positioned near retail and dining options.

Key Highlights

  • Significant Rental Upside: Opportunity to capture a substantial 21% rental upside in the high‑demand Inland Empire.
  • Strategic Location: Close proximity to I‑10, I‑15, and SR‑210 provides easy access to major employment markets and regional amenities.
  • Strong Income‑Producing Asset: Stable 5.21% entry CAP rate in a resilient rental market.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $1.06M $24.60
− Vacancy −$68.7k −$1.60
EGI $988.5k $23.00
− OpEx −$444.8k −$10.35
NOI $543.7k $12.65
42,978 SF · lease $24.60/SF/yr · vacancy 6.50% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$7.77M
$6.80M – $9.06M (±1% cap)
NOI $543,695 @ 7.0% cap · market cap 3.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$10.86M
$9.50M – $12.67M (±1% cap)
NOI $760,104 @ 7.0% cap · market cap 5.43%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Cambria Villa Apartments Apartment Building J&E Auto Detailing Car Wash

Suggested Use

Law Firm Real Estate Agency Spa & Massage Center Nail Salon Food Market Grocery & Convenience Store Dental Office Hair Salon Electrical Service Cafe & Coffee Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - 50-unit apartment complex in Rialto, California with value-add potential.
Where is this apartment building located?
The property is located at 1531 W Rialto Ave Fontana, CA.
What is the asking price?
The asking price for this property is $14,000,000.
What are key features of this property?
This property features: Significant Rental Upside: Opportunity to capture a substantial 21% rental upside in the high‑demand Inland Empire.; Strategic Location: Close proximity to I‑10, I‑15, and SR‑210 provides easy access to major employment markets and regional amenities.; Strong Income‑Producing Asset: Stable 5.21% entry CAP rate in a resilient rental market.
Contact an agent
(909) 418-2074 Call to check price and availability
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