E
Seller's Agent in 2025
Erik Cheng
IRN Realty
(626) 447-5100
1 in this area
5 Total Sales
Estimated Value: $1,234,203 - $1,271,000
High-Yield, Newly Renovated 4-Plex Investment Opportunity in the Heart of Rialto!
A rare chance to own a high-income-producing 4-plex in a prime Rialto location! This fully rented 4-unit property generates an impressive Gross Scheduled Income of $101,880: $94,980 (current), plus additional tenant-paid utilities of $6,900 per year. With most units remodeled in 2024, the projected Net Operating Income (NOI) is expected to reach $80,957 in 2025, making this an excellent investment for both seasoned and first-time investors. The property has been well-maintained, with major capital improvements completed, ensuring lower maintenance costs for the future. Interior remodels in 2024. Exterior renovations in April 2025: Shingle Roof Replacement, Flat Roof Maintenance, Fence and Wall Painting & Repairs.
The property consists of
• Three spacious 3-bed, 2-bath two-story units
• One standalone 1-bed, 1-bath unit
• Each unit has its own assigned garage, plus ample street parking.
Strategically located near freeways, schools, parks, restaurants, and grocery stores, this property offers strong rental demand, attracting long-term tenants and commuters.
Don’t miss this turnkey investment with exceptional cash flow opportunity!
Last Agent to Sell the Property
IRN Realty Brokerage Phone: 626-353-4121 License #01944789 Listed on: 05/08/2025
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Espinoza Family Trust | $1,250,000 | Western Resources Title | |
| Fu Peng | $465,000 | Fidelity National Title Co | |
| Acevedo Agustin | -- | None Available | |
| Acevedo Agustin | $330,000 | Fidelity National Title Comp | |
| A1 Team Llc | $180,000 | First American Title Ins Co | |
| National City Bank | $227,500 | Accommodation | |
| Coronado Mallory Mara | -- | United Title | |
| Coronado Mallory Mara | -- | -- | |
| Mallory Verline S | $128,000 | United Title Company |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Espinoza Family Trust | $937,500 | |
| Previous Owner | Acevedo Agustin | $231,000 | |
| Previous Owner | Coronado Mallory Mara | $231,000 | |
| Previous Owner | Mallory Verline S | $126,854 |
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/08/2025 07/08/25 | Sold | $1,250,000 | +5.1% | $262 / Sq Ft | |
| 05/21/2025 05/21/25 | Pending | -- | -- | -- | |
| 05/08/2025 05/08/25 | For Sale | $1,188,800 | +155.7% | $249 / Sq Ft | |
| 08/27/2013 08/27/13 | Sold | $465,000 | 0.0% | $97 / Sq Ft | View Prior Sale |
| 08/12/2013 08/12/13 | Pending | -- | -- | -- | |
| 08/02/2013 08/02/13 | For Sale | $465,000 | -- | $97 / Sq Ft |
| 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 | $6,882 | $570,026 | $91,940 | $478,086 |
| 2024 | $6,882 | $558,849 | $90,137 | $468,712 |
| 2023 | $7,341 | $547,892 | $88,370 | $459,522 |
| 2022 | $6,816 | $537,149 | $86,637 | $450,512 |
| 2021 | $6,773 | $526,616 | $84,938 | $441,678 |
| 2020 | $6,818 | $521,216 | $84,067 | $437,149 |
| 2019 | $6,662 | $510,996 | $82,419 | $428,577 |
| 2018 | $6,468 | $500,977 | $80,803 | $420,174 |
| 2017 | $6,419 | $491,154 | $79,219 | $411,935 |
| 2016 | $6,348 | $481,524 | $77,666 | $403,858 |
| 2015 | $6,375 | $474,291 | $76,499 | $397,792 |
| 2014 | $5,997 | $465,000 | $75,000 | $390,000 |
E
Seller's Agent in 2025
Erik Cheng
IRN Realty
(626) 447-5100
1 in this area
5 Total Sales
Buyer's Agent in 2025
Karen Urrutia
LIGHTHOUSE REALTY ASSOC INC
(909) 906-0114
7 in this area
63 Total Sales
S
Seller's Agent in 2013
Silvia Sanford
Century 21 Masters
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR25102651
APN: 0127-321-31