Property Detail

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!