Professional Office Condominium
New
For Sale
$375,000
4950 San Bernardino, Montclair, CA 91763
Suite 208 provides a reception area, private rooms, an office, and restroom within a medical-professional office building.
Property Size968 SF
Days on Market5
Property Features for 4950 San Bernardino
General Information
Standard status
Active
Size
968 SF
Property subtype
Office
Additional Details
Highway Access
Yes
Office Units
1
Building Details
Building Size
968 SF
Year Built
1973
Buildings
1
Tenancy
Multi
Listing Agency:
NEW HARVEST REALTY
(909) 921-2544
Listed By:
Lisa Di Noto · License #01804308
Source:
Camdenmckayre
Added: Aug 7
Changed: Aug 10
Last Checked: Aug 10 at 9:37AM
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 NEW HARVEST REALTY
Investment Insights
Based on property information with market context.
Suite 208 is an office condominium within the Montclair Medical Building, a 1973 professional and medical office property with individually owned suites. The interior includes a reception area, two private rooms, one private office, and a private restroom. It is currently used as a commercial property management office.
The property is near Montclair Hospital Medical Center, Community Extended Care Hospital, and Montclair Royale. Interstate 10 is accessible from the property, with restaurants, retail destinations, and additional medical services in the surrounding area. Medical or healthcare-related use may be possible subject to applicable approvals.
The property is near Montclair Hospital Medical Center, Community Extended Care Hospital, and Montclair Royale. Interstate 10 is accessible from the property, with restaurants, retail destinations, and additional medical services in the surrounding area. Medical or healthcare-related use may be possible subject to applicable approvals.
Key Highlights
- Office condominium in the Montclair Medical Building
- Suite 208 includes a reception area, two private rooms, one office, and a private restroom
- Currently utilized as a commercial property management office
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
$11,394
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
3.04%
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%
$227,880
$227.9K
Cap Rate 7%
$162,771
$162.8K
Cap Rate 9%
$126,600
$126.6K
Market Conditions
NOI Build-Up for 968 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
$16.5K $17.04/SF
− Vacancy
−$1.3K −$1.35/SF
EGI
$15.2K $15.69/SF
− OpEx
−$3.8K −$3.92/SF
NOI
$11.4K $11.77/SF
Area
San Bernardino County, CA
Vacancy
7.90%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
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%
$227,880
Cap Rate 7%
$162,771
Cap Rate 9%
$126,600
Alternative Uses
Best Use
Office B
$162.8K
$142.4K – $189.9K
NOI $11,394 @ 7.0% cap · market cap 3.04%
Second Best
Healthcare Medical
$114.6K
$100.3K – $133.7K
NOI $8,024 @ 7.0% cap · market cap 2.14%
Theoretical Best
Office A
$204.2K
$178.7K – $238.2K
NOI $14,293 @ 7.0% cap · market cap 3.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Office units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,743
Businesses Nearby
Explore this area
Business Placement
Demographics for 91763, CA
37,631
Population
10,557
Households
3.6
Avg Household Size
34
Median Age
18%
College-Educated
74%
High-School Grad
5.3 sq mi
ZIP Area
7,100
Density / Sq Mi
$77,627
Median Household Income
$37,787
Median Earnings
$1,767
Median Rent
$550,000
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Suite 208 provides a reception area, private rooms, an office, and restroom within a medical-professional office building.
Where is this office units located?
The property is located at 4950 San Bernardino Montclair, CA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Office condominium in the Montclair Medical Building; Suite 208 includes a reception area, two private rooms, one office, and a private restroom; Currently utilized as a commercial property management office
