3-Bedroom Residential
For Sale
$254,900
242-2139 E 4th St, Ontario, CA 91764
Well-maintained 3-bedroom, 2-bath home with an open layout, kitchen island, and a primary suite featuring a jacuzzi tub.
Property Size1,291 SF
Price / SF$197.44
Days on Market113
Property Features for 242-2139 E 4th St
General Information
Standard status
Active
Size
1,291 SF
Property subtype
Manufactured In Park
Listing Agency:
Excellence Premier Real Estate
Listed By:
Josue Ramon · License #01768120
(323) 484-0955
Source:
Exprealty
Added: May 26
Changed: Aug 20
Last Checked: Sep 14 at 6:56AM
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 Excellence Premier Real Estate
Investment Insights
Based on property information with market context.
This well-cared-for residential home offers three bedrooms and two bathrooms with a functional open layout designed for everyday living. The kitchen includes a spacious island that supports cooking, gathering, and entertaining. The primary suite provides a dedicated retreat and includes its own jacuzzi tub.
The home is presented as clean and move-in ready, with maintenance and condition emphasized in the listing information. No additional building or community features were provided.
Overall, the property is configured around a central open living concept and a comfort-focused primary suite, supported by practical kitchen amenities for day-to-day use.
The home is presented as clean and move-in ready, with maintenance and condition emphasized in the listing information. No additional building or community features were provided.
Overall, the property is configured around a central open living concept and a comfort-focused primary suite, supported by practical kitchen amenities for day-to-day use.
Key Highlights
- 3‑bedroom, 2‑bath home with 1,291 sq ft of living space
- Open layout designed for everyday living
- Kitchen includes a spacious island
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
$16,332
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
6.41%
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%
$326,640
$326.6K
Cap Rate 7%
$233,314
$233.3K
Cap Rate 9%
$181,467
$181.5K
Market Conditions
NOI Build-Up for 1,291 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
$31.8K $24.60/SF
− Vacancy
−$2.1K −$1.60/SF
EGI
$29.7K $23.00/SF
− OpEx
−$13.4K −$10.35/SF
NOI
$16.3K $12.65/SF
Area
Ontario, CA
Vacancy
6.50%
Lease Rate
$24.60 /SF/Yr
Expense Ratio
45.00%
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%
$326,640
Cap Rate 7%
$233,314
Cap Rate 9%
$181,467
Alternative Uses
Best Use
Apartment 5plus
$233.3K
$204.2K – $272.2K
NOI $16,332 @ 7.0% cap · market cap 6.41%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$333.9K
$292.2K – $389.6K
NOI $23,373 @ 7.0% cap · market cap 9.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
556
Businesses Nearby
Explore this area
Business Placement
Demographics for 91764, CA
55,322
Population
17,350
Households
3.2
Avg Household Size
33
Median Age
18%
College-Educated
74%
High-School Grad
7.9 sq mi
ZIP Area
7,003
Density / Sq Mi
$75,605
Median Household Income
$37,076
Median Earnings
$2,039
Median Rent
$524,100
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Well-maintained 3-bedroom, 2-bath home with an open layout, kitchen island, and a primary suite featuring a jacuzzi tub.
Where is this mobile home & rv park located?
The property is located at 242-2139 E 4th St Ontario, CA.
What is the asking price?
The asking price for this property is $254,900.
What are key features of this property?
This property features: 3‑bedroom, 2‑bath home with 1,291 sq ft of living space; Open layout designed for everyday living; Kitchen includes a spacious island
