Duplex with Detached
For Sale
$690,000
9088 Date, Fontana, CA 92335
Separate rear living space offers flexibility for occupants, guests, or rental use.
Property Size3,664 SF
Price / SF$188.32
Days on Market33
Property Features for 9088 Date
General Information
Standard status
Active
Size
3,664 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
1927
Listing Agency:
A2Z Homes, Inc.
(888) 773-4547
Listed By:
Travis Azevedo · License #01719763
Source:
Robertandchristy
Added: Jul 29
Changed: Aug 29
Last Checked: Aug 25 at 5:23AM
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 A2Z Homes, Inc.
Investment Insights
Based on property information with market context.
This duplex property includes a detached secondary residence with its own private living space. The configuration supports flexible occupancy, including extended-family use, guest accommodations, or rental income, subject to verification of applicable zoning and permitted uses. The property was built in 1927 and includes on-site parking.
Located in Fontana, the property is positioned near schools, shopping, restaurants, and major commuter routes. Buyers should verify zoning, permitted uses, and any development possibilities with the City of Fontana.
Located in Fontana, the property is positioned near schools, shopping, restaurants, and major commuter routes. Buyers should verify zoning, permitted uses, and any development possibilities with the City of Fontana.
Key Highlights
- Detached secondary residence with private living space
- Duplex configuration supports owner‑occupant or rental use
- On‑site parking included
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
$53,966
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
7.82%
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%
$1,079,320
$1.1M
Cap Rate 7%
$770,943
$770.9K
Cap Rate 9%
$599,622
$599.6K
Market Conditions
NOI Build-Up for 3,664 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
$81.3K $22.20/SF
− Vacancy
−$4.2K −$1.16/SF
EGI
$77.1K $21.04/SF
− OpEx
−$23.1K −$6.31/SF
NOI
$54.0K $14.73/SF
Area
Fontana, CA
Vacancy
5.22%
Lease Rate
$22.20 /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%
$1,079,320
Cap Rate 7%
$770,943
Cap Rate 9%
$599,622
Alternative Uses
Best Use
Multifamily LT 5
$770.9K
$674.6K – $899.4K
NOI $53,966 @ 7.0% cap · market cap 7.82%
Second Best
Apartment 5plus
$708.4K
$619.9K – $826.5K
NOI $49,590 @ 7.0% cap · market cap 7.19%
Theoretical Best
Office A
$1.07M
$932.9K – $1.24M
NOI $74,631 @ 7.0% cap · market cap 10.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
964
Businesses Nearby
Explore this area
Business Placement
Demographics for 92335, CA
96,605
Population
25,861
Households
3.7
Avg Household Size
31
Median Age
10%
College-Educated
67%
High-School Grad
17.5 sq mi
ZIP Area
5,520
Density / Sq Mi
$75,198
Median Household Income
$35,912
Median Earnings
$1,636
Median Rent
$433,600
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?
Duplex - Separate rear living space offers flexibility for occupants, guests, or rental use.
Where is this duplex located?
The property is located at 9088 Date Fontana, 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: Detached secondary residence with private living space; Duplex configuration supports owner‑occupant or rental use; On‑site parking included
