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Single-Story Quadplex with Garages

1845 S Euclid Ave, Ontario, CA 91762

For Sale
$1,300,000

Four single-story residences offer private garages, backyard areas, and in-garage laundry hookups.

Property Size2,840 SF
Price / SF$457.75
Days on Market66

Property Features for 1845 S Euclid Ave

General Information

Standard status Active
Size 2,840 SF
Property subtype Residential Income

Site & Location

Road Access Yes
Utilities to Site Yes

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4

Building Details

Year Built 1956
Stories 1
Listing Agency: Marcus & Millichap
Listed By: Oscar Diaz · License #02022902
Source: Exprealty
Added: Sep 3 Changed: Oct 25 Last Checked: Nov 6 at 11:42AM

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

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Investment Insights

Based on property information with market context.

This four-unit multifamily property occupies a corner lot along S Euclid Avenue in Ontario, California. Built in 1956, the single-story layout includes four two-bedroom, one-bathroom residences. Each unit has a private garage, a private backyard, and laundry hookups within the garage, with additional open parking in front of the garage spaces. New windows were installed in 2024, and each residence has separate electric and gas metering.

The property is situated in a primarily single-family residential area near Ontario Christian School. Ontario International Airport recorded more than 7.1 million passengers in 2025. Nearby development includes the Ontario Sports Empire and ONT Field, which opened in 2026, along with expansion around Toyota Arena’s Arena District.

Key Highlights

  • Four‑unit property with four 2‑bedroom, 1‑bathroom residences
  • Each unit includes a private garage and private backyard
  • Laundry hookups provided inside every unit’s garage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$41,839
Cap Rate
3.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$836,780 $836.8K
Cap Rate 7%
$597,700 $597.7K
Cap Rate 9%
$464,878 $464.9K
Market Conditions
NOI Build-Up for 2,840 SF
Gross rent
$63.0K $22.20/SF
− Vacancy
−$3.3K −$1.15/SF
EGI
$59.8K $21.05/SF
− OpEx
−$17.9K −$6.31/SF
NOI
$41.8K $14.73/SF
Area
Ontario, CA
Vacancy
5.20%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$836,780
Cap Rate 7%
$597,700
Cap Rate 9%
$464,878

Alternative Uses

Best Use
Multifamily LT 5
$597.7K
$523.0K – $697.3K (±1% cap)
NOI $41,839 @ 7.0% cap · market cap 3.22%
Second Best
Apartment 5plus
$513.3K
$449.1K – $598.8K (±1% cap)
NOI $35,928 @ 7.0% cap · market cap 2.76%
Theoretical Best
Specialty Retail
$734.5K
$642.7K – $856.9K (±1% cap)
NOI $51,416 @ 7.0% cap · market cap 3.96%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

4
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

613
Businesses Nearby

Demographics for 91762, CA

62,524
Population
20,163
Households
3.1
Avg Household Size
34
Median Age
21%
College-Educated
77%
High-School Grad
14.3 sq mi
ZIP Area
4,372
Density / Sq Mi
$76,289
Median Household Income
$40,085
Median Earnings
$1,752
Median Rent
$568,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Quadplexes in San Bernardino County, CA

$270 Jul
$273 Aug
$320 Sep
$315 Oct

Properties on Market for Quadplexes in San Bernardino County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four single-story residences offer private garages, backyard areas, and in-garage laundry hookups.
Where is this quadplex located?
The property is located at 1845 S Euclid Ave Ontario, CA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Four‑unit property with four 2‑bedroom, 1‑bathroom residences; Each unit includes a private garage and private backyard; Laundry hookups provided inside every unit’s garage
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