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Three-Unit Residential Income Property
For Sale
$999,900

322 W B, Ontario, CA 91762

Three separate single residential units with inside laundry and a detached one-car garage plus three parking spaces.

Property Size2,641 SF
Days on Market168

Property Features for 322 W B

General Information

Standard status Active
Size 2,641 SF
Total Parking Spaces 4
Property subtype Triplex

Additional Details

Multifamily Units 3

Amenities

inside laundry area

Building Details

Building Size 2,641 SF
Year Built 1917
Tenancy Multi
Listing Agency: Re/Max Partners [email protected] Overview Additional information MLS R ID PW26100196 Interior features Exterior features Lot Size 0.2 Acres Other property details Garage Yes 55+/Senior Community No Michael Mucino | CA DRE# 01374697 Camden McKay Realty Request a tour Contact agent Request a tour Contact agent Listed by Felipe Gallardo CA DRE# 01221047 with Re/Max Partners [email protected]
Listed By: Felipe Gallardo CA DRE# 01221047 · License #01221047
Source: Camdenmckayre
Added: May 8 Changed: Oct 11 Last Checked: Oct 21 at 5:37AM

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 Re/Max Partners [email protected] Overview Additional information MLS R ID PW26100196 Interior features Exterior features Lot Size 0.2 Acres Other property details Garage Yes 55+/Senior Community No Michael Mucino | CA DRE# 01374697 Camden McKay Realty Request a tour Contact agent Request a tour Contact agent Listed by Felipe Gallardo CA DRE# 01221047 with Re/Max Partners [email protected]

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Investment Insights

Based on property information with market context.

This three-unit residential income property consists of three separate single-residential homes at 322, 322-1/2, and 322B W B Street. The property has recently been painted and features a fairly new roof. Each unit includes an inside laundry area. Parking is supported by a one-car detached garage and three additional parking spaces.

The parking lot adjacent to the property is not included in the sale.

The overall configuration is a small, multi-unit setup designed for separate residential use within one property footprint.

Key Highlights

  • 1917‑built tri‑plex with 3 separate single residential units
  • Units located at 322, 322‑1/2, and 322B W B Street, Ontario
  • Recently painted interior and fairly new roof

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$38,907
Cap Rate
3.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$778,140 $778.1K
Cap Rate 7%
$555,814 $555.8K
Cap Rate 9%
$432,300 $432.3K
Market Conditions
NOI Build-Up for 2,641 SF
Gross rent
$58.6K $22.20/SF
− Vacancy
−$3.0K −$1.15/SF
EGI
$55.6K $21.05/SF
− OpEx
−$16.7K −$6.31/SF
NOI
$38.9K $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%
$778,140
Cap Rate 7%
$555,814
Cap Rate 9%
$432,300

Alternative Uses

Best Use
Multifamily LT 5
$555.8K
$486.3K – $648.5K (±1% cap)
NOI $38,907 @ 7.0% cap · market cap 3.89%
Second Best
Apartment 5plus
$477.3K
$417.6K – $556.8K (±1% cap)
NOI $33,410 @ 7.0% cap · market cap 3.34%
Theoretical Best
Specialty Retail
$683.0K
$597.7K – $796.9K (±1% cap)
NOI $47,813 @ 7.0% cap · market cap 4.78%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,529
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

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?
Triplex - Three separate single residential units with inside laundry and a detached one-car garage plus three parking spaces.
Where is this triplex located?
The property is located at 322 W B Ontario, CA.
What is the asking price?
The asking price for this property is $999,900.
What are key features of this property?
This property features: 1917‑built tri‑plex with 3 separate single residential units; Units located at 322, 322‑1/2, and 322B W B Street, Ontario; Recently painted interior and fairly new roof
More about this property
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