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Listed by Eric Chang • IRN Realty
$ 1,188,800
Est. payment | /mo
7,400 Sqft Lot
$ 1,188,800
Est. payment | /mo
7,400 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRAR25102651
Year Built 1966
Lot Size 7,400 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
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. Don't miss this turnkey investment with exceptional cash flow opportunity!
Location
State CA
County San Bernardino
Area 272 - Rialto
Interior
Heating Central Forced Air
Cooling Central AC
Laundry None
Exterior
Garage Spaces 9.0
Pool 31, None
Building
Story One Story
Water District - Public
Others
Tax ID 0127321310000
Special Listing Condition Not Applicable
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