10 Beds
7 Baths
7,400 Sqft Lot
10 Beds
7 Baths
7,400 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR25102651
Bedrooms 10
HOA Y/N No
Lot Size 7,400 Sqft
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
Area Rialto (92376)
Zoning Assessor
Interior
Cooling Central Forced Air
Building
Lot Description Curbs
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 1 Story
Others
Monthly Total Fees $107
Acceptable Financing Cash, Conventional, Exchange
Space Rent $2,350
Listing Terms Cash, Conventional, Exchange
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1420 Kettner Blvd Suite 100, Diego, California, 92101, United States