125 N Date Avenue, Rialto, CA 92376
- $595,000
- List Price
- $595,000
- Status
- ACTIVE
- MLS#
- CV26177837
- Year Built
- 1946
- Lot Size
- 8,100
- Acres
- 0.19
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 1
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- One Level
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. 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.
Additional Information
- Pool Description
- None
- Heat
- None
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- View
- None
- Roof
- Shingle
- Garage Spaces Total
- 1
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- All Bedrooms Down
- Attached Structure
- Attached
- Number Of Units Total
- 2
- Gross Scheduled Income
- $45,900
- Operating Expense
- 13315
Listing courtesy of Listing Agent: Kristopher German (kris@theapartmentdealer.com) from Listing Office: RE/MAX 2000 REALTY.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.