Four-Unit Multifamily
New
For Sale
$1,175,000
16070 Dorsey, Fontana, CA 92335
An established residential income property dating to 1981, with bikeable and somewhat walkable surroundings.
Property Size3,220 SF
Days on Market2
Property Features for 16070 Dorsey
General Information
Standard status
Active
Size
3,220 SF
Property subtype
Investment
Additional Details
Multifamily Units
4
Building Details
Building Size
3,220 SF
Year Built
1981
Stories
2
Units
4
Listed By:
Cristian Camargo
(909) 953-8300
Source:
Elliman
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 15 at 2:29AM
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 Cristian Camargo
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This fourplex is a residential income property built in 1981. It offers a four-unit configuration within the multifamily category.
Walkability and biking are supported by scores of 58 and 54, respectively. The transit score is 32, indicating some transit access.
Walkability and biking are supported by scores of 58 and 54, respectively. The transit score is 32, indicating some transit access.
Key Highlights
- Fourplex configuration
- Built in 1981
- Bike score of 54
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,427
Cap Rate
4.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$948,540
$948.5K
Cap Rate 7%
$677,529
$677.5K
Cap Rate 9%
$526,967
$527.0K
Market Conditions
NOI Build-Up for 3,220 SF
Gross rent
$71.5K $22.20/SF
− Vacancy
−$3.7K −$1.16/SF
EGI
$67.8K $21.04/SF
− OpEx
−$20.3K −$6.31/SF
NOI
$47.4K $14.73/SF
Area
Fontana, CA
Vacancy
5.22%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$948,540
Cap Rate 7%
$677,529
Cap Rate 9%
$526,967
Alternative Uses
Best Use
Multifamily LT 5
$677.5K
$592.8K – $790.5K
NOI $47,427 @ 7.0% cap · market cap 4.04%
Second Best
Apartment 5plus
$622.6K
$544.8K – $726.3K
NOI $43,580 @ 7.0% cap · market cap 3.71%
Theoretical Best
Office A
$937.0K
$819.9K – $1.09M
NOI $65,588 @ 7.0% cap · market cap 5.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
283
Businesses Nearby
Explore this area
Business Placement
Demographics for 92335, CA
96,605
Population
25,861
Households
3.7
Avg Household Size
31
Median Age
10%
College-Educated
67%
High-School Grad
17.5 sq mi
ZIP Area
5,520
Density / Sq Mi
$75,198
Median Household Income
$35,912
Median Earnings
$1,636
Median Rent
$433,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - An established residential income property dating to 1981, with bikeable and somewhat walkable surroundings.
Where is this quadplex located?
The property is located at 16070 Dorsey Fontana, CA.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: Fourplex configuration; Built in 1981; Bike score of 54
