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Turnkey Multifamily Investment Opportunity

9614 Cypress Fontana, CA 92335

9614 Cypress, Fontana, CA, 92335
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For Sale
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Four structures on a large lot with income potential.

Property Size4,905 SF
Lot Size0.48 Acres
Price / SF$336.39
Days on Market132

Property Features for 9614 Cypress

General Information

Standard status
Active
Size
4,905 SF
Lot size
0.48 Acres
Property subtype
Multifamily
Listing Agency Coldwell Banker Platinum Prop
Listed by Anhdy Tuan-Nguyen · License #01413812
Source Crexi
Added: Mar 9 Checked: Jul 17 at 8:31 am

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 Platinum Prop


Investment Insights

Based on property information with market context.

This multifamily property features four structures, presenting an immediate income opportunity with good tenants and an estimated 5.9% cap rate. The turnkey property includes a main house with 2,085 square feet, featuring 4 bedrooms and 3 bathrooms with an attached Gen-Suite. Additionally, there is a guest house offering 1,080 square feet with 2 bedrooms and 2 bathrooms. A new ADU provides 1,260 square feet, complete with 3 bedrooms, 2 bathrooms, an attached 2-car garage, and solar panels. The property also includes a garage conversion studio of 480 square feet with 1 bedroom and 1 bathroom. The total living space across all structures is 4,905 square feet. Situated on a large 21,000 square foot lot, the property has junior ADU potential with utility connections ready and dual street access. Upgrades include new back iron gates, vinyl fences and gates, fully paved concrete, a 5T HVAC system, and irrigations. The units have been updated with luxury finishes. The property may be split into 2 lots. The seller is pursuing a 1031 exchange.

Key Highlights

  • Rare turnkey property with four structures totaling 4,905 SF at a low price of $349/SF.
  • Huge 21,000 SF lot with dual street access and potential to split into two lots, plus junior ADU potential with utility connection ready.
  • Includes a main house with attached Gen‑Suite, guest house, new ADU with 2‑car garage and solar panels, and a garage conversion studio.

Local Financial Insights For Apartment 5plus

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 $127.7k $26.04
− Vacancy −$7.0k −$1.43
EGI $120.7k $24.61
− OpEx −$54.3k −$11.07
NOI $66.4k $13.53
4,905 SF · lease $26.04/SF/yr · vacancy 5.50% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$948.4K
$829.8K – $1.11M (±1% cap)
NOI $66,386 @ 7.0% cap · market cap 4.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.43M
$1.25M – $1.67M (±1% cap)
NOI $99,909 @ 7.0% cap · market cap 6.06%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Multifamily properties

Suggested Use

Real Estate Agency Law Firm Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Gym & Fitness Center (Bike/Boat/Book/etc) Store Computer & Electronic Repair Parking Lot & Garage Daycare Center (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Multifamily property - Four structures on a large lot with income potential.
Where is this multifamily property located?
The property is located at 9614 Cypress Fontana, CA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Rare turnkey property with four structures totaling 4,905 SF at a low price of $349/SF.; Huge 21,000 SF lot with dual street access and potential to split into two lots, plus junior ADU potential with utility connection ready.; Includes a main house with attached Gen‑Suite, guest house, new ADU with 2‑car garage and solar panels, and a garage conversion studio.
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