6-Unit Apartment
For Sale
$1,899,000
5351 & 5361 W Maitland ST, Ontario, CA 91762
All six residences have two bedrooms and one bathroom.
Property Size7,423 SF
Price / SF$255.83
Days on Market118
Property Features for 5351 & 5361 W Maitland ST
General Information
Standard status
Active
Size
7,423 SF
Property subtype
MULTI_FAMILY
Units
Unit Mix
6 x 2BR/1BA
Multifamily Units
6
Building Details
Building Size
7,423 SF
Year Built
1926
Listing Agency:
PONCE & PONCE REALTY, INC
Listed By:
MINERVA RODAS · License #02152314
(323) 774-4481
Source:
Bedrockrealestategroup
Added: Jul 2
Changed: Oct 26
Last Checked: Oct 26 at 2:58PM
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 PONCE & PONCE REALTY, INC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 7,423-square-foot apartment property contains six residences, each configured with two bedrooms and one bathroom. The building dates to 1926 and is located in Ontario, California.
Shopping centers, restaurants, schools, and major freeways are identified among the nearby amenities and access routes.
Shopping centers, restaurants, schools, and major freeways are identified among the nearby amenities and access routes.
Key Highlights
- Six apartments, each with 2 bedrooms and 1 bathroom
- 7,423‑square‑foot property
- Built in 1926
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$93,905
Cap Rate
4.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,878,100
$1.9M
Cap Rate 7%
$1,341,500
$1.3M
Cap Rate 9%
$1,043,389
$1.0M
Market Conditions
NOI Build-Up for 7,423 SF
Gross rent
$182.6K $24.60/SF
− Vacancy
−$11.9K −$1.60/SF
EGI
$170.7K $23.00/SF
− OpEx
−$76.8K −$10.35/SF
NOI
$93.9K $12.65/SF
Area
Ontario, CA
Vacancy
6.50%
Lease Rate
$24.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,878,100
Cap Rate 7%
$1,341,500
Cap Rate 9%
$1,043,389
Alternative Uses
Best Use
Apartment 5plus
$1.34M
$1.17M – $1.57M
NOI $93,905 @ 7.0% cap · market cap 4.94%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.92M
$1.68M – $2.24M
NOI $134,388 @ 7.0% cap · market cap 7.08%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
651
Businesses Nearby
Explore this area
Business Placement
Demographics for 91762, CA
62,524
Population
20,163
Households
3.1
Avg Household Size
34
Median Age
21%
College-Educated
77%
High-School Grad
14.3 sq mi
ZIP Area
4,372
Density / Sq Mi
$76,289
Median Household Income
$40,085
Median Earnings
$1,752
Median Rent
$568,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - All six residences have two bedrooms and one bathroom.
Where is this apartment building located?
The property is located at 5351 & 5361 W Maitland ST Ontario, CA.
What is the asking price?
The asking price for this property is $1,899,000.
What are key features of this property?
This property features: Six apartments, each with 2 bedrooms and 1 bathroom; 7,423‑square‑foot property; Built in 1926
