Detached Duplex with Covered
1855 S Fern Avenue Ontario, CA 91762
1855 S Fern Avenue, Ontario, CA, 91762
Contact for pricing
For Sale
Contact for pricing
Two fully detached, single-story homes built in 2016 and 2019 on a large flat lot with central AC.
Property Size3,138 SF
Lot Size0.37 Acres
Price / SF$344.13
Days on Market94
Property Features for 1855 S Fern Avenue
General Information
- Standard status
- Active
- Size
- 3,138 SF
- Lot size
- 0.37 Acres
- Property subtype
- Multifamily
Listing agency
COLDWELL BANKER DYNASTY/TC
(626) 673-8132
Listed by
HLA HLA MA · License #01498360
Source
Crexi
Added: Apr 20 Updated: Jul 21 at 2:35PM Checked: Jul 21 at 2:35PM
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 COLDWELL BANKER DYNASTY/TC
Investment Insights
Based on property information with market context.
This for-sale detached duplex features two fully detached, single-story homes on a 16,300-square-foot flat lot. The front home was built in 2016 and includes 4 bedrooms plus an office and 2.5 bathrooms. The rear home was built in 2019 and offers 3 bedrooms and 2 bathrooms.
Both homes are described as recently built and fully permitted, with central AC and heat, recessed lighting, a newer tiled roof, upgraded bathrooms, laundry hookups, and a fire sprinkler system. The front home’s primary suite includes dual sinks, a separate standing shower and bath tub, and a walk-in closet, along with a large kitchen with a pantry and a breakfast counter/island. The rear home highlights an impressive covered patio with a custom built-in BBQ grill area and refrigerator.
The property provides parking in an attached (2) car garage and a wide driveway with RV/boat potential, along with additional yard space for outdoor use.
Both homes are described as recently built and fully permitted, with central AC and heat, recessed lighting, a newer tiled roof, upgraded bathrooms, laundry hookups, and a fire sprinkler system. The front home’s primary suite includes dual sinks, a separate standing shower and bath tub, and a walk-in closet, along with a large kitchen with a pantry and a breakfast counter/island. The rear home highlights an impressive covered patio with a custom built-in BBQ grill area and refrigerator.
The property provides parking in an attached (2) car garage and a wide driveway with RV/boat potential, along with additional yard space for outdoor use.
Key Highlights
- Two fully detached, single‑story homes on a large 16,300 SF flat lot
- Front home built in 2016: 4 bedrooms plus 1 office and 2.5 bathrooms
- Rear home built in 2019: 3 bedrooms and 2 bathrooms
Local Financial Insights For Multifamily LT 5
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 | $69.7k | $22.20 |
| − Vacancy | −$3.6k | −$1.15 |
| EGI | $66.0k | $21.05 |
| − OpEx | −$19.8k | −$6.31 |
| NOI | $46.2k | $14.73 |
3,138 SF · lease $22.20/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$660.4K
$577.9K – $770.5K
NOI $46,229 @ 7.0% cap · market cap 4.28%
Second Best
Apartment 5plus
$567.1K
$496.2K – $661.6K
NOI $39,697 @ 7.0% cap · market cap 3.68%
Theoretical Best
Specialty Retail
$811.6K
$710.1K – $946.9K
NOI $56,811 @ 7.0% cap · market cap 5.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two fully detached, single-story homes built in 2016 and 2019 on a large flat lot with central AC.
Where is this duplex located?
The property is located at 1855 S Fern Avenue Ontario, CA.
What is the asking price?
The asking price for this property is $1,079,888.
What are key features of this property?
This property features: Two fully detached, single‑story homes on a large 16,300 SF flat lot; Front home built in 2016: 4 bedrooms plus 1 office and 2.5 bathrooms; Rear home built in 2019: 3 bedrooms and 2 bathrooms
