$1,250,000
$1,188,800
5.1%For more information regarding the value of a property, please contact us for a free consultation.
10 Beds
7 Baths
SOLD DATE : 07/08/2025
Key Details
Sold Price $1,250,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR25102651
Sold Date 07/08/25
Bedrooms 10
Property Sub-Type Res Income 2-4 Units
Property Description
High-Yield, Newly Renovated 4-Plex Investment Opportunity in the Heart of Rialto! A rare chance to own a high-income-producing 4-plex in a prime Rialto location! This fully rented 4-unit property generates an impressive Gross Scheduled Income of $101,880: $94,980 (current), plus additional tenant-paid utilities of $6,900 per year. With most units remodeled in 2024, the projected Net Operating Income (NOI) is expected to reach $80,957 in 2025, making this an excellent investment for both seasoned and first-time investors. The property has been well-maintained, with major capital improvements completed, ensuring lower maintenance costs for the future. Interior remodels in 2024. Exterior renovations in April 2025: Shingle Roof Replacement, Flat Roof Maintenance, Fence and Wall Painting & Repairs. The property consists of Three spacious 3-bed, 2-bath two-story units One standalone 1-bed, 1-bath unit Each unit has its own assigned garage, plus ample street parking. Strategically located near freeways, schools, parks, restaurants, and grocery stores, this property offers strong rental demand, attracting long-term tenants and commuters. Dont miss this turnkey investment with exceptional cash flow opportunity!
Location
State CA
County San Bernardino
Zoning Assessor
Direction From Baseline south on Sycamore right on E. Jackson
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 0127321310000
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Bought with KAREN URRUTIA LIGHTHOUSE REALTY ASSOC INC
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