3-Unit
New
For Sale
$1,100,000
16928 Baseline, Fontana, CA 92336
The residences offer varied bedroom layouts, with laundry hookups in the front and rear homes.
Property Size3,671 SF
Days on Market4
Property Features for 16928 Baseline
General Information
Standard status
Active
Size
3,671 SF
Property subtype
Triplex
Units
Unit Mix
1 x 4BR/2BA, 1 x 2BR/2BA, 1 x 3BR/1BA
Multifamily Units
3
Additional Details
Highway Access
Yes
Amenities
laundry hookups
Building Details
Building Size
3,671 SF
Year Built
1953
Listing Agency:
HAUS OF REAL ESTATE
Listed By:
Sonia Sanchez · License #02052178
Source:
Camdenmckayre
Added: Oct 1
Changed: Oct 3
Last Checked: Oct 3 at 2:45AM
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 HAUS OF REAL ESTATE
Investment Insights
Based on property information with market context.
Built in 1953, this triplex contains three separate residences. The front home has 4 bedrooms, 2 bathrooms, and laundry hookups. The middle unit includes 2 bedrooms and 2 bathrooms, while the rear home has 3 bedrooms, 1 bathroom, and laundry hookups.
The property is near freeway access, shopping centers, restaurants, and schools.
The property is near freeway access, shopping centers, restaurants, and schools.
Key Highlights
- Three separate residences in one triplex
- Front home: 4 bedrooms, 2 bathrooms, and laundry hookups
- Middle unit: 2 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
$54,069
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
4.92%
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%
$1,081,380
$1.1M
Cap Rate 7%
$772,414
$772.4K
Cap Rate 9%
$600,767
$600.8K
Market Conditions
NOI Build-Up for 3,671 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
$81.5K $22.20/SF
− Vacancy
−$4.3K −$1.16/SF
EGI
$77.2K $21.04/SF
− OpEx
−$23.2K −$6.31/SF
NOI
$54.1K $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 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%
$1,081,380
Cap Rate 7%
$772,414
Cap Rate 9%
$600,767
Alternative Uses
Best Use
Multifamily LT 5
$772.4K
$675.9K – $901.2K
NOI $54,069 @ 7.0% cap · market cap 4.92%
Second Best
Apartment 5plus
$709.8K
$621.1K – $828.1K
NOI $49,684 @ 7.0% cap · market cap 4.52%
Theoretical Best
Office A
$1.07M
$934.7K – $1.25M
NOI $74,774 @ 7.0% cap · market cap 6.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
144
Businesses Nearby
Explore this area
Business Placement
Demographics for 92336, CA
100,594
Population
28,489
Households
3.5
Avg Household Size
34
Median Age
29%
College-Educated
87%
High-School Grad
19.9 sq mi
ZIP Area
5,055
Density / Sq Mi
$121,989
Median Household Income
$50,431
Median Earnings
$2,064
Median Rent
$604,600
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
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Frequently Asked Questions
What type of property is this?
Triplex - The residences offer varied bedroom layouts, with laundry hookups in the front and rear homes.
Where is this triplex located?
The property is located at 16928 Baseline Fontana, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Three separate residences in one triplex; Front home: 4 bedrooms, 2 bathrooms, and laundry hookups; Middle unit: 2 bedrooms and 2 bathrooms
