160 W Cascade, Rialto, CA 92376
- $1,190,000
- List Price
- $1,190,000
- Status
- ACTIVE
- MLS#
- PW25248290
- Year Built
- 1968
- Lot Size
- 8,214
- Acres
- 0.19
- Lot Location
- 2-5 Units/Acre
- Days on Market
- 273
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
- Stories
- Two Levels
Property Description
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.
Additional Information
- Appliances
- Disposal
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- See Remarks, Wall/Window Unit(s)
- Roof
- Shingle
- Garage Spaces Total
- 4
- Sewer
- Public Sewer, Other
- Water
- Public
- Interior Features
- Balcony, All Bedrooms Up, All Bedrooms Down
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $92,280
- Operating Expense
- 14198
Listing courtesy of Listing Agent: Cindy Doan (cindydoan999@gmail.com) from Listing Office: American Smart Realty.
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