This well-maintained home offers an open-concept layout in a gated community featuring bright dining and kitchen area with 4 bedrooms. 2.5 baths. the kitchen area. and the master suite offers an upgraded bathroom with a new vanity and tiled shower, a laundry area with washer/dryer hookups Recent upgrades includes a newly installed furnace, and AC units. HVAC worth $12K paid in full and a Whole house Fan plus solar panels worth $35K paid in full, the completely enclosed private backyard is low maintenance and ideal for outdoor use, with attached 2-car garage Conveniently located near, shopping centers, and the 10 Freeway.
We are pleased to present the opportunity to acquire a stabilized quadruplex located at 412 W Ramona Drive in Rialto, California. Located just one block from the historic Route 66 (Foothill Blvd), this one-story property is within walking distance of prime local retail, offering residents an ideal blend of convenience and heritage. This quadruplex presents a rare opportunity to capture a substantial 16% rental upside in the high-demand Inland Empire market, pairing long-term appreciation potential with a stable 5.25% entry cap rate and an 11.27 GRM. With a projected pro forma cap rate of 6.88% upon reaching market rents, the asset is positioned for significant growth. Situated on a generous ±7,686 square foot lot with ±2,760 rentable square feet area, the property provides a low-density living environment that is increasingly sought after in the region. 412 W Ramona Drive consists of four identical two-bedroom, one-bathroom floor plans with an average size of 690 square feet. Built in 1961, the residences have been thoughtfully maintained and feature modern interior updates with a mix of carpet and vinyl wood flooring. Each unit is designed for convenience with wall-mounted central air and heating, security doors, and efficient kitchens equipped with gas stoves and oven ranges. The exterior is secured by an iron fence and gate, featuring private porches, private yards, and composition roofs. Residents enjoy dedicated surface parking in the rear of the property in addition to ample street parking. This offering presents an opportunity to acquire a stabilized, income-producing asset in one of the nation’s most resilient rental markets. Whether for a 1031 exchange buyer or a seasoned investor, 412 W Ramona Drive provides long-term stability and significant growth potential. The combination of current cash flow and the 16% rental upside offers a clear path to value appreciation, underpinned by the strong economic fundamentals and the logistics-driven growth of the Rialto submarket.
Excellent Investment opportunity 4 units property on a big corner lot! This well-maintained fourplex in a great location, making it a prime investment for both short-term and long-term strategies. The front unit A offers 3beds/2baths, and the other three units B,C,D each have 2beds/1bath. Newer 5-year-old roof for added durability. Tile flooring throughout the house for easy maintenance. All plumbing is copper. Each unit has its own 1-car garage, 4 separate electric meters, 5 separate gas meters, , 1 water meter, 4 disposal, with tenants responsible for electricity and gas bill. Wall Ac units in each unit. There've been no late rent payments from tenants. The tenants are on month-to-month lease, and there are also no section 8 tenants. There is no rent control. Unit A is approximately 1,058 square feet (estimated), while Units B, C, and D are each approximately 850 square feet (estimated). - Unit A (3 beds / 2 baths) is currently rented at $2,400. - Unit B (2 beds / 1 bath) is rented at $1,640. - Unit C (2beds/1 bath) is rented at $1,900. - Unit D (2beds/1 bath) is rented at $1,750. Located in a rapidly growing area, this property is close to major amenities, including, restaurants, jack in the box, In-N-Out Burger, the coffee Bean & Tea Leaf, Walmart, markets, schools, USPS post office, and freeway access 210, making it highly desirable for tenants. Don't miss out on this fantastic income - generating opportunity.
Newer Built 5-Unit Townhome Style Apartment in Rialto Exceptional investment opportunity! This newer built 5-unit townhome-style apartment complex is conveniently located within walking distance to downtown Rialto and just minutes from freeway access. Each spacious unit features 3 bedrooms and 2.5 baths, a 2-car attached garage with direct access, and in-unit laundry on the second level for added convenience. Designed with quality in mind, the property showcases tile roofing, private balconies off the master bedrooms, and a modern layout perfect for today’s renters. A great turnkey property in a high-demand rental area—ideal for investors seeking stable income and long-term growth potential. Rents are under market. 3 of the units are currently used as Airbnb. lots of flexibility.
Rialto is located in California. Rialto, California has a population of 103,799. Rialto is more family-centric than the surrounding county with 35.64% of the households containing married families with children. The county average for households married with children is 33.94%.
The median household income in Rialto, California is $69,934. The median household income for the surrounding county is $70,287 compared to the national median of $69,021. The median age of people living in Rialto is 31 years.
The average high temperature in July is 94.9 degrees, with an average low temperature in January of 41.9 degrees. The average rainfall is approximately 14.4 inches per year, with 0 inches of snow per year.
