$1,190,000
$60K PRICE DROP

160 W Cascade Dr Rialto, CA 92376

Estimated payment $6,816/month

Total Views 13,474
9 Beds
5 Baths
3,608 Sq Ft
$330 Price per Sq Ft

Highlights

  • All Bedrooms Downstairs
  • Balcony
  • Laundry Room
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Formal Entry

About This Home

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 2 beds/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.

Listing Agent

Cindy Doan

American Smart Realty Brokerage Email: cindydoan999@gmail.com License #02041191 Listed on: 04/03/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,372

Year Built

  • Built in 1968

Lot Details

  • 8,214 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • Public Parking
  • Side Facing Garage
  • On-Street Parking

Home Design

  • Quadruplex
  • Entry on the 2nd floor
  • Shingle Roof

Interior Spaces

  • 3,608 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Tile Flooring
  • Disposal

Bedrooms and Bathrooms

  • 9 Bedrooms
  • All Bedrooms Down
  • All Upper Level Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 7082
  • Assessor Parcel Number 0127181060000
  • $1,204 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $240
  • Insurance Expense $1,624
  • Maintenance Expense $2,000
  • Other Expense $2,400
  • Trash Expense $2,124
  • Water Sewer Expense $5,436
  • Operating Expense $14,198
  • Net Operating Income $78,082

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,372

Year Built

Built in 1968

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Inclusions: Tenants of 4 units.
  • Price Per Unit: 297500
  • Property Attached: Yes
  • Water Sewer Expenses: 5436.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 0127181060000
  • Year Built: 1968
  • Special Features: None

Interior Features

  • Interior Amenities: Balcony
  • Stories: 2
  • Entry Location: Ground level and upstairs units with stair access
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Accessibility Features: See Remarks
  • Appliances: Yes
  • Entry Level: 2
  • Levels: Two
  • Price Per Square Foot: 329.82
  • Room Type: All Bedrooms Down, All Bedrooms Up, Formal Entry, Kitchen, Laundry

Exterior Features

  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking Features: Garage Faces Side, Public, Street
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup, Inside
  • Sewer: Other, Public Sewer
  • Trash Expense: 2124.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 8214.00
  • Lot Size Acres: 0.1886
  • Latitude Manual: 34.12639200

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 850 Square Feet
  • Average3 Bed Area: 1058 Square Feet
  • Electric Expense: 240.00
  • Gross Scheduled Income: 92280.00
  • Insurance Expense: 1624.00
  • Lot Size Area: 8214.0000 Square Feet
  • Maintenance Expense: 2000.00
  • Net Operating Income: 78082.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number Wall A C: 4
  • Number With Disposal: 4
  • Operating Expense: 14198.00
  • Other Expense: 2400.00
  • Other Expense Description: gas
  • Rent Control: No
  • Total Actual Rent: 7690.00
  • Total Expenses: 14198.00

Tax Info

  • Tax Census Tract: 35.05
  • Tax Lot: 12
  • Tax Tract Number: 7082
  • TaxOtherAnnualAssessmentAmount: 1204.00

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 $6,372 $527,121 $98,068 $429,053
2024 $6,372 $516,785 $96,145 $420,640
2023 $6,796 $506,652 $94,260 $412,392
2022 $6,311 $496,718 $92,412 $404,306
2021 $6,271 $486,978 $90,600 $396,378
2020 $6,313 $481,985 $89,671 $392,314
2019 $6,169 $472,535 $87,913 $384,622
2018 $5,989 $463,269 $86,189 $377,080
2017 $5,944 $454,185 $84,499 $369,686
2016 $5,878 $445,279 $82,842 $362,437
2015 $5,903 $438,591 $81,598 $356,993
2014 $5,553 $430,000 $80,000 $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 Price Changed $1,190,000 -4.8% $330 / Sq Ft
04/03/2025 04/03/25 For Sale $1,250,000 -- $346 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Provident Title Company
Grant Deed $430,000 Orange Coast Title
Grant Deed $499,500 Ticor Title Company
Grant Deed $265,000 First American
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $260,000 New Conventional
Closed $280,000 New Conventional
Previous Owner $249,500 Purchase Money Mortgage
Previous Owner $180,000 No Value Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25072534

California Regional Multiple Listing Service (CRMLS)

APN: 0127-181-06