High-Yield 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 property generates an impressive Gross Scheduled Income of $94,980, plus additional tenant-paid utilities of $525 per month. With most units remodeled in 2024, the… Read More projected Net Operating Income (NOI) is expected to reach $77,016 in 2025, making this an excellent investment for both seasoned and first-time investors. 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. Supplement provides Cap Rate for your reference. Don’t miss this turnkey investment with exceptional cash flow potential! Read Less
Property listed by IRN Realty, Eric Chang 626-353-4121
Listing Snapshot
Days Online
3
Last Updated
Property Type
Apartment
Lot Size
0.17 Acres
Year Built
1966
MLS Number
AR25053713
30 Days Snapshot Of 92376
$570k
+4%
(avg) sold price
15
-31%
homes sold
94
-4%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1966, Building area total: 4,776, 2 buildings, Common walls: NoCommonWalls
Community
Park, Urban
Cooling
CentralAir
Expenses
Gardener expense: $540, Insurance expense: $2,000, Operating expense: $17,964, Trash expense: $4,109, Water sewer expense: $3,338, Other expense: $2,699
Garage
4 spaces
Heating
Central
Income
Gross income: $94,980, Net operating income: $77,016
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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