$1,050,000
$1,050,000
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3,875 SqFt
SOLD DATE : 08/30/2024
Key Details
Sold Price $1,050,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,875 sqft
Price per Sqft $270
MLS Listing ID PW24132058
Sold Date 08/30/24
HOA Y/N No
Year Built 1971
Lot Size 7,191 Sqft
Acres 0.1651
Property Description
NOI, NOI, NOI!! This is a rare opportunity to get incredible above-market NOI in the heart of Rialto!! This hard-to-find investment opportunity has a current net operating income of $53973.67 with more upside potential. All units are conveniently located on the ground level. The property features 2 3-bedroom, 1.5-bathroom units, and 2 cozy 1-bedroom, 1-bathroom units. Additionally, every unit comes with its own assigned parking and extra storage space. Situated in a desirable neighborhood, the property offers easy access to local amenities, schools, parks, and major highways, making it an attractive option for commuters. With its versatile unit mix and strategic location, this property promises steady demand and robust rental income potential, making it an excellent choice for both seasoned investors and those looking to start their real estate portfolio. *** ACT NOW!*** Seller will provide a 2-point buy down on the interest rate. Additionally, the lender will contribute 1% of the loan amount, up to $5,000, further easing your financial commitment. Contact us today to learn more about this exclusive offer!
Some pictures will be available tomorrow - Professional pictures next week.
Location
State CA
County San Bernardino
Area 272 - Rialto
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Heating Wall Furnace
Cooling Central Air
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Garage Assigned
Garage Spaces 4.0
Carport Spaces 4
Garage Description 4.0
Pool None
Community Features Urban
Utilities Available Electricity Connected, Sewer Connected, Water Connected
View Y/N No
View None
Parking Type Assigned
Total Parking Spaces 8
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 0127321150000
Acceptable Financing Cash to New Loan, Conventional, Submit
Listing Terms Cash to New Loan, Conventional, Submit
Financing Conventional
Special Listing Condition Standard
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Bought with Jindy Chen • Kingston Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "