Free Apartment Building Valuation for Inland Empire Owners
If you own a duplex, fourplex, or apartment building in Ontario, Fontana, Rialto, San Bernardino, Riverside, or anywhere in the Inland Empire, I can tell you what it's worth today and whether selling or holding makes more sense. I'm Javier A. Brown with MGR Real Estate, and I offer a free Apartment Building Valuation in English or Spanish.
What's Happening in the IE Apartment Market
Kidder Mathews reported Inland Empire multifamily vacancy fell to 5.6% in Q2 2026, with average asking rents of $1,984 per unit per month, up 1.07% from a year earlier. Northmarq reported that new construction is slowing and that Class B and C properties have faced less competition from new buildings. CBRE reported that Q2 2026 investment sales were concentrated in pre-1990 properties.
Rent Control: AB 1482
Many owners ask how California's rent cap affects their value. Under the Tenant Protection Act (AB 1482), covered units can be raised by 5% plus the local cost of living change, up to 10%, in any 12-month period. For Riverside and San Bernardino Counties, the California Attorney General lists a cap of 8.1% for increases between August 1, 2026 and July 31, 2027. Some properties are exempt, so check with an attorney. Buyers will look at how far your rents are below market and how much room the cap allows.
What Your Free Valuation Includes
- A value range from recent nearby apartment sales.
- A rent survey comparing your rents to the market.
- A sell vs. hold comparison, including a 1031 exchange option.
- A list of upgrades that could raise value before a sale.
How It Works
- Tell me about the property. Address, size, current rents or vacancy, and what you're thinking about.
- I do the homework. I review comparable sales and leases, the condition of the market, and what buyers and tenants are asking for right now.
- We review it together. You get a clear value range and your options, in English or Spanish, with no pressure and no obligation.
Frequently Asked Questions
How is an apartment building valued?
Mainly by income: rents, vacancy, and expenses, compared with recent sales of similar buildings nearby.
Does AB 1482 lower my building's value?
It limits yearly increases on covered units, which buyers factor in. How much it matters depends on your current rents compared with the market.
Should I sell my apartment building or keep it?
It depends on your income needs, your loan, repairs coming up, and taxes. The valuation compares both options.
Can I trade my apartments for a NNN property?
Many owners use a 1031 exchange to move into lower-maintenance property. Work with your CPA and a qualified intermediary.
Do you value small buildings like duplexes and fourplexes?
Yes, from small multifamily to larger apartment communities.
Get Your Free Apartment Building Valuation
Call or text me with your building address and unit mix, and I'll get back to you with a value range.
Call or text (909) 641-0582 Email jbrown@mgrrealestate.com
Javier A. Brown, Commercial Real Estate Agent, MGR Real Estate, Ontario, CA. DRE #01755491. Hablo español.