125 N Date Ave Rialto, CA 92376
Rialto AreaEstimated payment $3,448/month
Highlights
- No HOA
- Laundry Facilities
- No Heating
- 1 Car Garage
- Chain Link Fence
- 1-Story Property
About This Home
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. (One of, if not the, only local two-unit property on the market that has a positive cash-flow!)
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. *The property is located adjacent to a railway track that has been shut down, no trains pass by.
Listing Agent
RE/MAX 2000 REALTY Brokerage Phone: 909-645-0443 License #01800021 Listed on: 08/13/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1946
Lot Details
- 8,100 Sq Ft Lot
- Two or More Common Walls
- Chain Link Fence
- Density is up to 1 Unit/Acre
Parking
- 1 Car Garage
- 7 Open Parking Spaces
- Parking Available
Home Design
- Apartment
- Entry on the 1st floor
- Shingle Roof
Interior Spaces
- 1,368 Sq Ft Home
- 1-Story Property
- Gas And Electric Dryer Hookup
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Outdoor Features
- Rain Gutters
Utilities
- Cooling System Mounted To A Wall/Window
- No Heating
Listing and Financial Details
- Legal Lot and Block 0130 / 172
- Tax Tract Number 32
- Assessor Parcel Number 0130172320000
- $917 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Amenities
- Laundry Facilities
Building Details
- 2 Leased Units
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,250
- Maintenance Expense $1,500
- Water Sewer Expense $2,200
- New Taxes Expense $6,412
- Operating Expense $13,315
- Gross Income $45,900
- Net Operating Income $32,791
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $5,627 | $389,676 | $135,304 | $254,372 |
| 2025 | $5,627 | $382,035 | $132,651 | $249,384 |
| 2024 | $5,122 | $374,544 | $130,050 | $244,494 |
| 2023 | $5,425 | $367,200 | $127,500 | $239,700 |
| 2022 | $2,952 | $193,788 | $46,417 | $147,371 |
| 2021 | $2,937 | $189,988 | $45,507 | $144,481 |
| 2020 | $2,943 | $188,040 | $45,040 | $143,000 |
| 2019 | $2,883 | $184,353 | $44,157 | $140,196 |
| 2018 | $2,788 | $180,738 | $43,291 | $137,447 |
| 2017 | $2,768 | $177,194 | $42,442 | $134,752 |
| 2016 | $2,308 | $173,720 | $41,610 | $132,110 |
| 2015 | $2,318 | $171,111 | $40,985 | $130,126 |
| 2014 | $2,182 | $167,759 | $40,182 | $127,577 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/28/2026 08/28/26 | For Sale | $540,000 | -9.2% | $395 / Sq Ft | |
| 08/24/2026 08/24/26 | Off Market | $595,000 | -- | -- | |
| 08/13/2026 08/13/26 | For Sale | $595,000 | +65.3% | $435 / Sq Ft | |
| 01/05/2022 01/05/22 | Sold | $360,000 | -15.3% | $263 / Sq Ft | View Prior Sale |
| 12/16/2021 12/16/21 | For Sale | $425,000 | -- | $311 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $360,000 | Orange Coast Title | |
| Interfamily Deed Transfer | -- | American Coast Title Co | |
| Interfamily Deed Transfer | -- | American Coast Title Co | |
| Grant Deed | $167,000 | American Coast Title Co | |
| Grant Deed | $62,000 | Lsi Title Company | |
| Trustee Deed | $129,200 | Fidelity National | |
| Grant Deed | $70,000 | Chicago Title Co | |
| Interfamily Deed Transfer | -- | Chicago Title Co | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $290,000 | Balloon | |
| Previous Owner | $173,000 | Unknown |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV26177837
APN: 0130-172-32
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Ask me questions while you tour the home.