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Townhome-Style 4-Plex Investment

3230 Triumph Lane Ontario, CA 91764

3230 Triumph Lane, Ontario, CA, 91764
$1,500,000
Pending
For Sale
$1,500,000
Pending

Four attached townhome-style units include patios or balconies, attached garages, and in-unit washer/dryer hookups.

Property Size4,000 SF
Days on Market155

Property Features for 3230 Triumph Lane

General Information

Standard status
Pending
Size
4,000 SF
Property subtype
Multi Family

Building Details

Year Built
1987
Listing agency MGR REAL ESTATE, INC.
Listed by Dan Dickson · License #01226387
Source Exitrealty
Added: Feb 17 Updated: Jul 21 at 10:07PM Checked: Jul 21 at 10:07PM

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 MGR REAL ESTATE, INC.


Investment Insights

Based on property information with market context.

This townhome-style 4-plex offers a four-unit multifamily configuration with two 3-bedroom/2-bath units and two 2-bedroom/1-bath units. Each unit features private outdoor space with patios or balconies, attached garages for secure parking and storage, and in-unit washer/dryer hookup connections. The building is listed as approximately 4,000+ square feet total building area based on public records.

The property is located at 3230 Triumph Ln. in Ontario, California, within the 91764 corridor. The public remarks cite access to major employers, Ontario Mills, shopping and dining, highways including I-10, I-15, and 60, and public transit.

The listing also notes the property is available for purchase bundled with another 4-plex at 746 Corvette Drive in Ontario, creating an 8-unit portfolio in the same area.

Key Highlights

  • 4‑unit multifamily in Ontario, built in 1987, featuring attached townhome‑style layouts.
  • Unit mix includes two 3‑bedroom/2‑bath units and two 2‑bedroom/1‑bath units.
  • Each unit includes a private patio or balcony for outdoor living.

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 $88.8k $22.20
− Vacancy −$4.6k −$1.15
EGI $84.2k $21.05
− OpEx −$25.3k −$6.31
NOI $58.9k $14.73
4,000 SF · lease $22.20/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$841.8K
$736.6K – $982.1K (±1% cap)
NOI $58,928 @ 7.0% cap · market cap 3.93%
Second Best
Apartment 5plus
$722.9K
$632.5K – $843.4K (±1% cap)
NOI $50,602 @ 7.0% cap · market cap 3.37%
Theoretical Best
Specialty Retail
$1.03M
$905.2K – $1.21M (±1% cap)
NOI $72,417 @ 7.0% cap · market cap 4.83%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Locksmith (Bike/Boat/Book/etc) Store Storage Facility (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Veterinary Clinic (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Pet Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Four attached townhome-style units include patios or balconies, attached garages, and in-unit washer/dryer hookups.
Where is this quadplex located?
The property is located at 3230 Triumph Lane Ontario, CA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 4‑unit multifamily in Ontario, built in 1987, featuring attached townhome‑style layouts.; Unit mix includes two 3‑bedroom/2‑bath units and two 2‑bedroom/1‑bath units.; Each unit includes a private patio or balcony for outdoor living.
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