4 units building apartments, fence for privacy, each unit has 1 car garage ....common laundry room..... Close to Freeways and Shopping Centers .
We are pleased to present an exceptional turn-key investment opportunity in a prime multi-family asset, offering a rare combination of solid cash flow and substantial upside potential. The property features an attractive unit mix of (1) 3-Bedroom/2-Bathroom, (1) 2-Bedroom/2-Bathroom, (10) 2-Bedroom/1-Bathroom, and (3) 1-Bedroom/1-Bathroom units, making it well-suited for a diverse tenant base. Recent capital improvements have brought the property to a "like-new" condition, with 13 out of 15 units undergoing comprehensive renovations that include new flooring, kitchens, bathrooms, walk-in closets, appliances, and updated electrical subpanels. The exterior has also been extensively upgraded, with new HVAC systems, a remodeled entryway, refreshed landscaping, and all copper plumbing, ensuring long-term durability and tenant satisfaction. Built in the 1970s, the property features colonial-style architecture and includes valuable amenities that enhance tenant experience, such as gated on-site parking, an on-site laundry facility, and a recreational room. For added privacy, the property offers a private entrance with an intercom system. Beyond the current upgrades, this property offers immediate value-add potential with approved plans for three ADUs, which will allow for increased rental income and overall asset appreciation. Currently, the property boasts a Gross Rent Multiplier (GRM) of 12.06 and a Capitalization Rate (Cap Rate) of 5.52%, with plenty of upside as market rents continue to rise and the ADU plans are implemented. With the combination of significant recent capital expenditures, desirable tenant amenities, and the approved ADU plans, this asset is primed for both strong short-term returns and long-term value growth. This is an ideal opportunity for investors looking for a well-maintained, cash-flowing property with substantial upside potential.
This beautiful apartment complex offers two to three bedrooms and two and half bathrooms providing 1092 sqft of living space per unit. Built in 2008, these units feature modern amenities and are located conveniently close to schools, park, shopping centers, a movie theater, public transportation, and the 210 freeway. Modern amenities include granite countertops, stainless steel kitchen sinks, washer and dryer hookups, central air and heating, and attached one car garages. Located at the end of a cul-de-sac, the complex also has a security gate for extra safety. Each unit is currently occupied, so there is zero vacancy, and the tenants each pay on time each month. Since the complex is only 16 years old, the maintenance is very low. A complete breakdown of the rent and expenses can be sent out to all interested parties. This complex is very attractive to all investors.
This beautiful apartment complex offers two to three bedrooms and two and half bathrooms providing 1092 sqft of living space per unit. Built in 2008, these units feature modern amenities and are located conveniently close to schools, park, shopping centers, a movie theater, public transportation, and the 210 freeway. Modern amenities include granite countertops, stainless steel kitchen sinks, washer and dryer hookups, central air and heating, and attached one car garages. Located at the end of a cul-de-sac, the complex also has a security gate for extra safety. Each unit is currently occupied, so there is zero vacancy, and the tenants each pay on time each month. Since the complex is only 16 years old, the maintenance is very low. A complete breakdown of the rent and expenses can be sent out to all interested parties. This complex is very attractive to all investors.
Introducing a prime investment opportunity at 110 S Date Ave, Rialto, CA—a modern quadruplex offering unparalleled appeal in the heart of a thriving community. Built in 2020, this stylish property comprises four well-appointed two-bedroom units, each offering an inviting 1,111 square feet of thoughtfully designed living space. This contemporary quadruplex is set on an 8,000-square-foot lot, showcasing both sophistication and functional design. Each unit boasts a sleek interior featuring two bedrooms complemented by 2.5 bathrooms, ensuring ample comfort and convenience for tenants. Every unit enjoys the luxury of a private balcony—ideal for enjoying the serene California weather—and a single-car garage, providing essential storage and parking space. Don't miss this chance to secure an asset that promises both immediate rental income and long-term appreciation. Contact us today to schedule a viewing and explore the potential this exceptional property offers for your real estate portfolio. Act swiftly, as opportunities like this in such a prime location are rare and in high demand.
The median home value in Rialto, CA is $603,116. This is higher than the county median home value of $522,500. The national median home value is $338,100. The average price of homes sold in Rialto, CA is $603,116. Approximately 59.62% of Rialto homes are owned, compared to 36.09% rented, while 4.29% are vacant. Rialto real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Rialto real estate agent to arrange a tour today!
Rialto, California has a population of 103,799. Rialto is more family-centric than the surrounding county with 35.64% of the households containing married families with children. The county average for households married with children is 33.94%.
The median household income in Rialto, California is $69,934. The median household income for the surrounding county is $70,287 compared to the national median of $69,021. The median age of people living in Rialto is 31 years.
The average high temperature in July is 94.9 degrees, with an average low temperature in January of 41.9 degrees. The average rainfall is approximately 14.4 inches per year, with 0 inches of snow per year.