USACARialto438 W Ramona Dr
438 W Ramona Dr, Home with 0 bedrooms, 0 bathrooms and 10 parking in Rialto CA | Image 1
Link Copied
$950,000

438 W Ramona Dr, Rialto, CA

Real Estate

For Sale

$--,---,---
0010
  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size -
Garage Yes
Taxes 
Days Active 7
Lot Size 
Approx. Age 1959
MLS® Number SW25148442

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

This listing is a unique offering because it's the best priced Rialto 4Plex offering in years!! This fine complex is a superb location since it's only walking minutes from grocery, drug store, and bus stop. It's also just minutes from the 10 freeway!! This complex consists of three 2 bedroom 1 bath units, and one 1 bedroom 1 bath unit. The Seller has kept the units updated, inside and out. Also, the Seller put on a new roof in 2019!!! This is an incredible buy!! Check out the SALE COMPS in the SUPPLEMENTS attached. SALE COMP 428 W Ramona, just down the street from us & sold for $1, 000, 000!!! SALE COMP 1401 N Willow Ave, a few blocks away, is WAY inferior because it's all 1 bedrooms/1 baths & sold for $943, 000!!! This complex really performs! At market rents, it's putting out a $100, 740 annual gross income, a 9.43 Gross Rent Multiplier, a robust 9.20% Cap Rate, and an incredible 17.22% Cash on Cash Return!!! For info on returns, income, expenses, rent/sale comps, PLEASE SEE SUPPLEMENTS attached. Landlord pays water and trash and each tenant has their on metered gas & electric which they sign up and pay for. Please take a close look at the pictures! These are beautiful units, priced great, and perform really, really, well!!!Show Description
MLS® NumberSW25148442
Laundry LevelCommon Area
Central VacNo
FireplaceNo
Acreage0.1764
Exterior
GarageYes
Approx. Age1959
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment

Get notified of price or status changes by saving this listing