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Key Details
Sold Price $1,100,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,765 sqft
Price per Sqft $292
MLS Listing ID PW24118506
Sold Date 08/20/24
HOA Y/N No
Year Built 1984
Lot Size 8,481 Sqft
Property Description
NOI, NOI, NOI!! 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 $58350 with more upside potential. A fully rented 4-unit building offers exceptional potential with a mix of one spacious 3-bedroom, 2-bathroom unit and three comfortable 2-bedroom, 1-bathroom units. Each unit includes an assigned one-car garage and access to up to 8 uncovered parking spaces, providing ample parking for tenants. This property is perfect for investors seeking steady rental income in a desirable location. Don’t miss out on this rare opportunity *** ACT NOW!*** With the right offer the 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!
Location
State CA
County San Bernardino
Area 272 - Rialto
Zoning R-3
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Heating Central
Cooling Central Air
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Garage Assigned, Unassigned
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Suburban
Utilities Available Electricity Connected, Natural Gas Connected
Parking Type Assigned, Unassigned
Total Parking Spaces 4
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 0127351300000
Acceptable Financing Cash, Cash to New Loan, Conventional, Submit
Listing Terms Cash, Cash to New Loan, Conventional, Submit
Financing Conventional
Special Listing Condition Standard
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Bought with George Ortiz • Homequest Real Estate
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Crystal Trammell
REALTOR® | Mortgage Broker | License ID: 02147605
REALTOR® | Mortgage Broker License ID: 02147605