1590 W Ramona Drive
Rialto, CA 92376
- – beds
- – baths
- – sqft
- 8,373 sqft lot
- 1978 build
- – on site
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 $70298 with more upside potential. All units conveniently located on the ground level. The property features a 3-bedroom, 1-bathroom unit, and three cozy 1-bedroom, 1-bathroom units. Each unit benefits from a private entrance, ensuring added privacy and a sense of tenant independence. Additionally, every unit comes with its own garage, providing parking and extra storage space. Situated in a desirable neighborhood, the property offers easy access to local amenities, schools, parks, and major highways, making it an attractive option for commuters. With its versatile unit mix and strategic location, this property promises steady demand and robust rental income potential, making it an excellent choice for both seasoned investors and those looking to start their real estate portfolio. *** ACT NOW!*** 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!
Last checked:
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Last updated Jun 26, 2024
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MLS# PW24118355 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1978
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Year Built Source:Assessor
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New Construction:No
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Entry Level:1
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Common Walls:2+ Common Walls
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Building Area Total:3220.00
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Building Area Units:Square Feet
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# of Buildings:4
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Total Number Of Units:4
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Stories Total:1
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# of Separate Gas Meters:4
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# of Separate Water Meters:1
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# of Separate Electric Meters:4
Interior
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Levels:One
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Entry Location:Ground
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Laundry:None
Location
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Directions:From Foothil North on Linden west on Ramona - consult GPS
The Property
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Property Type:Residential Income
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Subtype:Quadruplex
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Lot Features:0-1 Unit/Acre
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Lot Size Area:8373.0000
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Lot Size Acres:0.1922
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Lot Size SqFt:8373.00
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Lot Size Source:Assessor
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Exclusions:Tenants personal items
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:34.04
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Tax Tract:7296
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Tax Lot:7
The Listing
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Buyer's Brokerage Compensation:2.000%
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Special Listing Conditions:Standard
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Buyer's Brokerage Compensation:$2
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Parcel Number:0243161290000
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Showings Begin:2024-06-12
Heating & Cooling
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Heating:1
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Heating:Central
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Cooling:Yes
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Cooling:Central Air
Utilities
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Utilities:Sewer Connected
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Sewer:Public Sewer
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Water Source:Public
The Community
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Senior Community:No
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Features:Suburban
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Pool:None
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Private Pool:No
Parking
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Parking:Yes
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Parking:Assigned
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Parking Spaces:4.00
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Garage Spaces:4.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/20/24
Jun 20, 2024
|
Price Changed | CRMLS_CA | $1,162,000 | -0.3% |
6/17/24
Jun 17, 2024
|
Price Changed | CRMLS_CA | $1,165,000 | -1.3% |
6/12/24
Jun 12, 2024
|
Listed / Active | CRMLS_CA | $1,180,000 | 44.4% (17.0% / YR) |