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Listed by Kristopher German, DRE #01800021 • RE/MAX 2000 REALTY
$ 540,000
Est. payment /mo
Price Dropped by $55K
125 N Date AVE Rialto, CA 92376
8,100 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRCV26177837
Year Built 1946
Lot Size 8,100 Sqft
Property Sub-Type Duplex
Source California Regional MLS
Property Description
Turnkey multi-family opportunity featuring two fully detached, single-story 1-Bed/1-Bath cottages on a spacious 8,100 sq. ft. lot. Completely renovated from the studs with luxury finishes throughout. Due to its spacious layout, the large front cottage is utilized as a 2-Bedroom unit. Strong rents are currently in place, providing great income. (One of, if not the, only local two-unit property on the market that has a positive cash-flow!) Both units were renovated from the ground up: new systems & interiors leading to minimal deferred maintenance and reduced capital expenditure risk for years to come. Each cottage offers tenants their own private yard space (front or back) plus ample onsite parking. Expense structure favors the owner: only the front unit's water bill is owner-paid, with tenants responsible for all other utilities, keeping operating costs lean and NOI predictable. An onsite garage adds further upside, with potential for ADU conversion (buyer to verify feasibility with the City of Rialto); a compelling value-add play for investors looking to add a third income stream down the line. Located just minutes from vibrant Downtown Rialto, the property benefits from proximity to local retail, dining, and everyday conveniences that support consistent tenant demand.
Location
State CA
County San Bernardino
Area 272 - Rialto
Rooms
Kitchen None
Interior
Heating No Heating
Cooling Window / Wall Unit
Laundry 38
Exterior
Parking Features Garage, Other
Garage Spaces 8.0
Pool 31, None
View None
Roof Type Shingle
Building
Story One Story
Water District - Public
Others
Tax ID 0130172320000
Special Listing Condition Not Applicable
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