$540,000
$55K PRICE DROP

125 N Date Ave Rialto, CA 92376

Rialto Area

Estimated payment $3,448/month

Total Views 1,267
2 Beds
2 Baths
1,368 Sq Ft
$395 Price per Sq Ft

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

Kristopher German

RE/MAX 2000 REALTY Brokerage Phone: 909-645-0443 License #01800021 Listed on: 08/13/2026

RE/MAX 2000 REALTY

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

8,100 Sq Ft Lot

Parking

1

Listing Details

  • Assessments: No
  • CapRate: 6.06
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 2200.00
  • Zoning: R2
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 0130172320000
  • Year Built: 1946
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Appliances: No
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 394.74
  • Room Type: All Bedrooms Down

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage, Paved
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 7.00

Utilities

  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8100.00
  • Lot Size Acres: 0.1860

Rental Info

  • Tenant Pays: Gas, Trash Collection, Water, Electricity

Multi Family

  • Gross Income: 45900.00
  • Gross Multiplier: 11.55
  • Gross Operating Income: 45363.00
  • Gross Scheduled Income: 46740.00
  • Insurance Expense: 2250.00
  • Lot Size Area: 8100.0000 Square Feet
  • Maintenance Expense: 1500.00
  • Net Operating Income: 32791.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 12662.00
  • Other Income1: 840.00
  • Other Income Description: RUBS
  • Rent Control: Yes
  • Total Actual Rent: 3825.00
  • Total Expenses: 13315.00

Tax Info

  • New Taxes Expense: 6412.00
  • Tax Block: 172
  • Tax Lot: 0130
  • Tax Tract Number: 32
  • TaxOtherAnnualAssessmentAmount: 917.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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
Source: California Regional Multiple Listing Service (CRMLS)

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 -- --
Source: Public Records

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: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV26177837

California Regional Multiple Listing Service (CRMLS)

APN: 0130-172-32

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