Property Overview
Total Building Size: ±18,444 SF
Total Land Area: ±1.75 Acres
Proforma Cap Rate: 8.3%
Multifamily Component
36 Studio Apartments (3 single-story buildings)
Occupancy: 92% (33 of 36 units leased)
Average Current Rent: ~$1,169/month
Proforma Market Rent: ~$1,445/month
Rental Upside: ~31%
Affordable entry-level housing in high-demand Inland Empire market
Retail/Office Building
Size: ±7,644 SF (two-story)
Configuration: 4 retail units (ground floor) + 6 office units (second floor)
Occupancy: 79% leased
Diversified tenant mix (medical, salon, office, service users)
Opportunity to restructure leases and increase cash flow
Vacant Land (Development Opportunity)
Size: ±0.60 Acres (±26,135 SF buildable)
Zoned for broad commercial uses (QSR, retail, drive-thru, car wash, etc.)
Adjacent to Mission Village Shopping Center
Traffic Counts:
Mission Blvd: ~20,000–26,000 CPD
SR-60: ~168,000–173,000 CPD
Pricing & Financial Summary
Total Offering Price: $8,000,000
Retail/Office + Apartments: $7,200,000
Vacant Land: $800,000
Current NOI: $384,292
Proforma NOI: $598,584
Total Operating Expenses: $211,075