Two-Unit Duplex with
New
For Sale
$790,000
329 E Belmont, Ontario, CA 91761
Separate residences offer private parking, two-bedroom layouts, and one bathroom each.
Days on Market6
Property Features for 329 E Belmont
General Information
Standard status
Active
Total Parking Spaces
4
Property subtype
Duplex
Additional Details
Highway Access
Yes
Building Details
Building Size
1,548 SF
Year Built
1987
Tenancy
Multi
Listing Agency:
Realty Masters & Associates
Listed By:
Ashman Raza · License #02346028
Source:
Camdenmckayre
Added: Jul 27
Changed: Jul 31
Last Checked: Jul 31 at 1:28PM
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 Realty Masters & Associates
Investment Insights
Based on property information with market context.
Built in 1987, this duplex includes two separate 2-bedroom, 1-bathroom units. Each residence has its own private 2-car garage, providing dedicated parking and additional convenience for occupants. The property is being sold AS IS.
The exterior and roof were updated approximately five years ago, and the exterior trim was freshly painted in 2025. The property is located near schools, parks, shopping, dining, major freeways, and Ontario International Airport. Its two-unit configuration supports rental income or an owner-occupant arrangement with a separate residence on site.
The exterior and roof were updated approximately five years ago, and the exterior trim was freshly painted in 2025. The property is located near schools, parks, shopping, dining, major freeways, and Ontario International Airport. Its two-unit configuration supports rental income or an owner-occupant arrangement with a separate residence on site.
Key Highlights
- Two separate 2‑bedroom, 1‑bathroom units
- Each unit includes its own private 2‑car garage
- Exterior and roof updated approximately five years ago
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 | $34.4k | $22.20 |
| − Vacancy | −$1.8k | −$1.15 |
| EGI | $32.6k | $21.05 |
| − OpEx | −$9.8k | −$6.31 |
| NOI | $22.8k | $14.73 |
1,548 SF · lease $22.20/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$325.8K
$285.1K – $380.1K
NOI $22,805 @ 7.0% cap · market cap 2.89%
Second Best
Apartment 5plus
$279.8K
$244.8K – $326.4K
NOI $19,583 @ 7.0% cap · market cap 2.48%
Theoretical Best
Specialty Retail
$400.4K
$350.3K – $467.1K
NOI $28,025 @ 7.0% cap · market cap 3.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
506
Businesses Nearby
Explore this area
Business Placement
Demographics for 91761, CA
60,306
Population
18,309
Households
3.3
Avg Household Size
35
Median Age
21%
College-Educated
81%
High-School Grad
28.5 sq mi
ZIP Area
2,116
Density / Sq Mi
$97,396
Median Household Income
$44,493
Median Earnings
$2,015
Median Rent
$590,000
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?
Duplex - Separate residences offer private parking, two-bedroom layouts, and one bathroom each.
Where is this duplex located?
The property is located at 329 E Belmont Ontario, CA.
What is the asking price?
The asking price for this property is $790,000.
What are key features of this property?
This property features: Two separate 2‑bedroom, 1‑bathroom units; Each unit includes its own private 2‑car garage; Exterior and roof updated approximately five years ago
