309 North Cambridge Avenue

CBRE is pleased to exclusively present The Claremont Triplexes, a rare multifamily offering comprising two income-producing triplexes in one of the Inland Empire’s most sought-after residential markets. 195 El Camino Way and 309 N Cambridge Ave are available for purchase individually or as a combined six-unit portfolio.

Together, the properties deliver six units across two distinct floor plans: three 1-bedroom/1-bathroom units and three 2-bedroom/1-bathroom units, with a combined rentable area of 4,222 SF. The portfolio generates a current cap rate of 4.10%, with a pro forma cap rate of 4.70% as rents stabilize at market, producing a combined pro forma net operating income of $110,366.

Claremont is among the most sought-after cities in the San Gabriel Valley, positioned at the gateway between Los Angeles County and the Inland Empire. Strong institutional demand from The Claremont Colleges, a highly educated renter base, and limited multifamily inventory make this an exceptionally rare place to acquire income-producing real estate. Investors who acquire both properties gain immediate scale, a diversified unit mix, and built-in upside within walking distance to the Claremont Village.

Whether purchased together or separately, each triplex offers a stabilized foothold in a market defined by top-rated schools, a walkable Village district, and historically low vacancy. CBRE invites qualified investors to consider this distinctive opportunity to own in Claremont whether you are a first time buyer, seasoned investor or in a 1031 exchange.

Located in the heart of downtown Claremont, 309 N Cambridge Ave is a well-maintained bungalow-style triplex offering three spacious, single-story 2-bedroom/1-bathroom units across a 9,284 SF lot. Built in 1952 and spread across two buildings, the property delivers larger-than-average floor plans averaging 801 SF per unit, combining classic California character with the kind of space and livability that drives strong tenant retention.

Each unit features an open living area with carpet and vinyl wood flooring, a fully equipped kitchen with a gas range, refrigerator, warm wood cabinetry and tile flooring, vertical blinds, fresh interior paint, ceiling fans and wall heating. Generous bedroom closets with upper cabinet storage add to each unit’s functionality. Three one-car garages and off-street parking serve the property, with mature landscaping and well-kept front yards — including a charming white picket fence — adding warmth and curb appeal throughout.

309 N Cambridge Ave sits minutes from the Claremont Village, The Claremont Colleges and the Metrolink station, placing residents within easy reach of dining, retail and regional transit. Freeway access is direct: five minutes to the 10 Freeway and 10 minutes to the 210 Freeway, connecting tenants to both the San Gabriel Valley and the broader Inland Empire. Whether you are a first-time buyer, seasoned investor or completing a 1031 exchange, the property currently generates a 4.24% cap rate with a pro forma cap rate of 4.90% as rents move to market.

When you sign the Confidentiality Agreement, you will gain access to the other Triplex in Claremont. These assets can be sold together or separately.