Duplex with Attached
New
For Sale
$695,000
420 E B Street, Colton, CA 92324
Two tenant-occupied residences offer distinct bedroom layouts and separate attached garages.
Property Size2,240 SF
Lot Size0.17 Acres
Price / SF$310.27
Days on Market3
Property Features for 420 E B Street
General Information
Standard status
Active
Size
2,240 SF
Total Parking Spaces
4
Lot size
0.17 Acres
Property subtype
Duplex
Units
Unit Mix
1 x 3BR/2BA, 1 x 2BR/2BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Building Details
Building Size
2,240 SF
Year Built
1987
Buildings
1
Listing Agency:
Victory Financial Inc.
Listed By:
Michael Peters · License #01175350
(818) 261-2696
Source:
Camdenmckayre
Added: Sep 22
Changed: Sep 24
Last Checked: Sep 24 at 2:28PM
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 Victory Financial Inc.
Investment Insights
Based on property information with market context.
Built in 1987, this Colton duplex contains approximately 2,240 square feet across two residences on a 7,500-square-foot lot. The front unit has three bedrooms and two bathrooms; the rear unit has two bedrooms and two bathrooms. Each residence includes an attached two-car garage, and both have newer HVAC systems. Long-term tenants currently occupy the units.
The property is at 420 E B Street in Colton, with access to I-10 and I-215. Nearby destinations listed include Arrowhead Regional Medical Center, San Bernardino Valley College, shopping, and parks.
The property is at 420 E B Street in Colton, with access to I-10 and I-215. Nearby destinations listed include Arrowhead Regional Medical Center, San Bernardino Valley College, shopping, and parks.
Key Highlights
- Two residences: a 3‑bedroom, 2‑bath front unit and a 2‑bedroom, 2‑bath rear unit
- Approximately 2,240 square feet on a 7,500‑square‑foot lot
- Attached two‑car garage at each unit
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
$22,843
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
3.29%
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%
$456,860
$456.9K
Cap Rate 7%
$326,329
$326.3K
Cap Rate 9%
$253,811
$253.8K
Market Conditions
NOI Build-Up for 2,240 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
$34.7K $15.48/SF
− Vacancy
−$2.0K −$0.91/SF
EGI
$32.6K $14.57/SF
− OpEx
−$9.8K −$4.37/SF
NOI
$22.8K $10.20/SF
Area
San Bernardino County, CA
Vacancy
5.89%
Lease Rate
$15.48 /SF/Yr
Expense Ratio
30.00%
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%
$456,860
Cap Rate 7%
$326,329
Cap Rate 9%
$253,811
Alternative Uses
Best Use
Multifamily LT 5
$326.3K
$285.5K – $380.7K
NOI $22,843 @ 7.0% cap · market cap 3.29%
Second Best
Apartment 5plus
$283.3K
$247.9K – $330.5K
NOI $19,830 @ 7.0% cap · market cap 2.85%
Theoretical Best
Office A
$472.5K
$413.4K – $551.3K
NOI $33,075 @ 7.0% cap · market cap 4.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
838
Businesses Nearby
Explore this area
Business Placement
Demographics for 92324, CA
58,626
Population
19,150
Households
3.1
Avg Household Size
33
Median Age
16%
College-Educated
75%
High-School Grad
27.8 sq mi
ZIP Area
2,109
Density / Sq Mi
$69,419
Median Household Income
$36,956
Median Earnings
$1,600
Median Rent
$413,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Two tenant-occupied residences offer distinct bedroom layouts and separate attached garages.
Where is this duplex located?
The property is located at 420 E B Street Colton, CA.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Two residences: a 3‑bedroom, 2‑bath front unit and a 2‑bedroom, 2‑bath rear unit; Approximately 2,240 square feet on a 7,500‑square‑foot lot; Attached two‑car garage at each unit
