$699,000

101 S Olive Ave Rialto, CA 92376

Estimated payment $3,913/month

Total Views 10,621
6 Beds
-- Bath
1,824 Sq Ft
$383 Price per Sq Ft

Highlights

  • Corner Lot
  • No HOA
  • Laundry Room
  • Private Yard
  • Living Room
  • Central Air

About This Home

Unique Mixed-Use Opportunity in the Heart of Rialto – Zoned Cottage Commercial!This versatile 4-bedroom, 1.5-bath property offers endless possibilities and is perfect for investors, business owners, or developers. Conveniently located near Downtown Rialto, this corner lot features a circular driveway, ample parking, including handicap-accessible spaces, and a spacious front yard with mature shade trees. Inside, you’ll find a welcoming entry walkway leading to a reception area, family and living rooms, and a dedicated office space, making it ideal for a home-based business or commercial use. The property also includes two detached bonus rooms, perfect for storage, creative workspaces, or additional office space. The large backyard and lot layout offer excellent potential for future expansion, and this property qualifies for the addition of an ADU (Accessory Dwelling Unit). Buyers are encouraged to contact the City of Rialto to explore redevelopment incentives and permitted commercial/residential uses under its flexible Cottage Commercial zoning. This is an ideal opportunity to generate income while planning your vision. Don’t miss out on this rare find with so much potential!

Listing Agent

Ron Napier

H & R REALTY Brokerage Phone: 951-809-1441 License #02019800 Listed on: 06/12/2025

Co-Listing Agent

CARLOS PADILLA-MARTINEZ

H & R REALTY Brokerage Phone: 951-809-1441 License #02014733

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,257

Year Built

  • Built in 1950

Lot Details

  • 0.32 Acre Lot
  • No Common Walls
  • Corner Lot
  • Sprinklers on Timer
  • Private Yard
  • Back and Front Yard

Parking

  • 4 Parking Spaces

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 6 Bedrooms
  • 1,824 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Family Room
  • Living Room
  • Laundry Room

Additional Features

  • Exterior Lighting
  • Central Air

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 0130261120000

Community Details

Overview

  • No Home Owners Association

Building Details

  • Gardener Expense $1,680
  • Insurance Expense $2,004
  • Trash Expense $1,008
  • New Taxes Expense $2,300
  • Operating Expense $6,992
  • Net Operating Income $37,408

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,257

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 5.22
  • Price Per Unit: 699000
  • Property Attached: No
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Gardener Expense: 1680.00
  • Parcel Number: 0130261120000
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 383.22
  • Room Type: All Bedrooms Down, Entry, Family Room, Kitchen, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1008.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Sprinkler System, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 14000.00
  • Lot Size Acres: 0.3214

Multi Family

  • Gross Scheduled Income: 44400.00
  • Insurance Expense: 2004.00
  • Lot Size Area: 14000.0000 Square Feet
  • Net Operating Income: 37408.00
  • Number Of Units Total: 1
  • Operating Expense: 6992.00
  • Rent Control: No
  • Total Expenses: 6992.00

Tax Info

  • New Taxes Expense: 2300.00
  • Tax Lot: 25
  • Tax Tract Number: 0000

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,257 $152,834 $38,207 $114,627
2024 $2,257 $149,837 $37,458 $112,379
2023 $2,380 $146,899 $36,724 $110,175
2022 $2,202 $144,019 $36,004 $108,015
2021 $2,191 $141,195 $35,298 $105,897
2020 $2,192 $139,747 $34,936 $104,811
2019 $2,151 $137,007 $34,251 $102,756
2018 $2,077 $134,320 $33,579 $100,741
2017 $1,980 $131,687 $32,921 $98,766
2016 $1,706 $129,104 $32,275 $96,829
2015 $1,714 $127,165 $31,790 $95,375
2014 $1,612 $124,674 $31,167 $93,507
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2025 06/12/25 For Sale $699,000 0.0% $383 / Sq Ft
12/30/2024 12/30/24 Rented $3,700 -2.6% --
11/01/2024 11/01/24 For Rent $3,800 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Corporate Deed $61,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $50,000 New Conventional
Closed $225,000 Unknown
Closed $90,000 Unknown
Closed $45,750 Seller Take Back
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV25131985

California Regional Multiple Listing Service (CRMLS)

APN: 0130-261-12