Two-Structure Mixed-Use
For Sale
$1,600,000
433 W Arrow, Claremont, CA 91711
Remodeled residential improvements provide multiple occupancy and parking configurations within the Village South Expansion zoning area.
Property Size2,588 SF
Days on Market48
Property Features for 433 W Arrow
General Information
Standard status
Active
Size
2,588 SF
Property subtype
Mixed Use
Zoning
Village South Expansion
Units
Unit Mix
1 x 4BR/2BA, 1 x 5BR/1BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Amenities
fireplace
balcony
gated entry
storage room
utility room
Building Details
Building Size
2,588 SF
Year Built
1931
Buildings
2
Listing Agency:
Coldwell Banker Icon
(909) 206-0001
Listed By:
Jessie Rodriguez · License #01418054
Source:
Camdenmckayre
Added: Jun 22
Changed: Aug 4
Last Checked: Aug 8 at 9:29AM
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 Coldwell Banker Icon
Investment Insights
Based on property information with market context.
This mixed-use property includes two separate residential structures with substantial existing improvements. The 1931 front residence measures approximately 1,700 square feet and contains 4 bedrooms and 2 bathrooms. Its updated kitchen includes quartz countertops, soft-close cabinets, and a Spanish tile backsplash, while the interior also features a fireplace, original woodwork, a carved stair rail, and a balcony. One bedroom and one bathroom are on the main level, with three bedrooms and a renovated bathroom upstairs.
The rear building contains a remodeled 5-bedroom, 1-bath unit above a lower level with 4 private garages, storage, and a utility room. The front structure adds 4 garage spaces, along with gated surface parking on the property. Located at 433 W Arrow in Claremont, the property is near the Claremont Colleges, Claremont Village, and the Claremont Metrolink Station. It is situated within the Village South Expansion zoning area, where the source identifies possible residential, commercial, medical, and mixed-use applications.
The rear building contains a remodeled 5-bedroom, 1-bath unit above a lower level with 4 private garages, storage, and a utility room. The front structure adds 4 garage spaces, along with gated surface parking on the property. Located at 433 W Arrow in Claremont, the property is near the Claremont Colleges, Claremont Village, and the Claremont Metrolink Station. It is situated within the Village South Expansion zoning area, where the source identifies possible residential, commercial, medical, and mixed-use applications.
Key Highlights
- Two separate residential structures at 433 W Arrow, Claremont, CA 91711
- Front residence offers approximately 1,700 square feet with 4 bedrooms and 2 bathrooms
- Rear structure includes a remodeled 5‑bedroom, 1‑bath 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
$52,407
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
3.28%
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%
$1,048,140
$1.0M
Cap Rate 7%
$748,671
$748.7K
Cap Rate 9%
$582,300
$582.3K
Market Conditions
NOI Build-Up for 2,588 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
$93.2K $36.00/SF
− Vacancy
−$9.3K −$3.60/SF
EGI
$83.9K $32.40/SF
− OpEx
−$31.4K −$12.15/SF
NOI
$52.4K $20.25/SF
Area
Los Angeles County, CA
Vacancy
10.00%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
37.50%
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%
$1,048,140
Cap Rate 7%
$748,671
Cap Rate 9%
$582,300
Alternative Uses
Best Use
Mixed Use
$748.7K
$655.1K – $873.5K
NOI $52,407 @ 7.0% cap · market cap 3.28%
Second Best
Apartment 5plus
$594.9K
$520.5K – $694.1K
NOI $41,643 @ 7.0% cap · market cap 2.60%
Theoretical Best
Office A
$1.39M
$1.21M – $1.62M
NOI $96,992 @ 7.0% cap · market cap 6.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,680
Businesses Nearby
Explore this area
Business Placement
Demographics for 91711, CA
38,122
Population
13,219
Households
2.9
Avg Household Size
39
Median Age
59%
College-Educated
95%
High-School Grad
14.9 sq mi
ZIP Area
2,559
Density / Sq Mi
$121,970
Median Household Income
$50,978
Median Earnings
$2,135
Median Rent
$870,300
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?
Mixed-use property - Remodeled residential improvements provide multiple occupancy and parking configurations within the Village South Expansion zoning area.
Where is this mixed-use property located?
The property is located at 433 W Arrow Claremont, CA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Two separate residential structures at 433 W Arrow, Claremont, CA 91711; Front residence offers approximately 1,700 square feet with 4 bedrooms and 2 bathrooms; Rear structure includes a remodeled 5‑bedroom, 1‑bath unit
