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Two-Building Flex Industrial Property

545 E California Street Ontario, CA 91761

545 E California Street, Ontario, CA, 91761
$690,000
For Sale
$690,000

SINGLE_FAMILY - Ontario, CA

Property Size3,520 SF
Lot Size0.19 Acres
Price / SF$196.02
Days on Market828

Property Features for 545 E California Street

General Information

Property type
Residential
Property subtype
Office
Standard status
Active
APN
1049322040000
Lot size
0.19 Acres

Building Details

Year built
1963
Listing Agency KELLER WILLIAMS EMPIRE ESTATES
9483 Haven Avenue Suite 100, Rancho Cucamonga, CA
Listed by Brad Wallace · License #01822380
Added: Apr 11, 2024 Checked: Jul 17 at 9:06 am
MLS# CV24072441

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This offering features two separate buildings on a single lot, configured for mixed-use flexibility. The front building includes an office component, and the rear building is set up as a warehouse. The property is fully gated and fenced, with parking provided between the two structures.

The site consists of two buildings totaling approximately 3,520 square feet on about an 8,100 square foot lot, located at 545 E California Street in Ontario, California. The property is zoned Business Park.

The listing notes this is a probate sale requiring court confirmation. The current configuration supports an owner user approach using the front building for office use while renting the rear warehouse space.

Key Highlights

  • Two buildings on one lot: +/-2,338 SF warehouse and +/-1,182 SF office.
  • Zoned Business Park.
  • Fully gated and fenced property.

Local Financial Insights For Warehouse

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 $67.2k $19.08
− Vacancy −$5.2k −$1.47
EGI $62.0k $17.61
− OpEx −$9.3k −$2.64
NOI $52.7k $14.97
3,520 SF · lease $19.08/SF/yr · vacancy 7.71% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$752.7K
$658.6K – $878.1K (±1% cap)
NOI $52,686 @ 7.0% cap · market cap 7.64%
Second Best
Office B
$728.3K
$637.3K – $849.7K (±1% cap)
NOI $50,984 @ 7.0% cap · market cap 7.39%
Theoretical Best
Specialty Retail
$910.4K
$796.6K – $1.06M (±1% cap)
NOI $63,727 @ 7.0% cap · market cap 9.24%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Ministerio Unidos por ... Church SoCal Compressor Service ... Production Facility RCS Compressors and Vacuum ... Production Facility

Suggested Use

Real Estate Agency Skin Care Clinic (Bike/Boat/Book/etc) Store Garden Center Electrical Service Law Firm Carpet & Flooring Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Tech Support Center

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Eddie's Taco — 101 N Plum Ave, Ontario, CA 91764

FAQs

What type of property is this?
Flex space - Two buildings on a fully gated, fenced lot with parking between structures, zoned Business Park.
Where is this flex space located?
The property is located at 545 E California Street Ontario, CA.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: Two buildings on one lot: +/-2,338 SF warehouse and +/-1,182 SF office.; Zoned Business Park.; Fully gated and fenced property.
Contact an agent
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