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Seller's Agent in 2025
Erik Cheng
IRN Realty
(626) 447-5100
4 Total Sales
Estimated Value: $1,207,000 - $1,337,000
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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,250,000 | Western Resources Title | ||
| $465,000 | Fidelity National Title Co | ||
| -- | None Available | ||
| $330,000 | Fidelity National Title Comp | ||
| $180,000 | First American Title Ins Co | ||
| $227,500 | Accommodation | ||
| -- | United Title | ||
| -- | -- | ||
| $128,000 | United Title Company |
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 | Borrower | Loan Amount |
|---|---|---|---|
| Open | $937,500 | ||
| Previous Owner | $231,000 | ||
| Previous Owner | $231,000 | ||
| Previous Owner | $126,854 |
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 |
|---|---|---|---|---|---|
| 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 |
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 |
|---|---|---|---|---|
| 2025 | $7,133 | $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 |
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Seller's Agent in 2025
Erik Cheng
IRN Realty
(626) 447-5100
4 Total Sales
Buyer's Agent in 2025
Karen Urrutia
LIGHTHOUSE REALTY ASSOC INC
(909) 906-0114
59 Total Sales
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Seller's Agent in 2013
Silvia Sanford
Century 21 Masters
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR25102651
APN: 0127-321-31
Ask me questions while you tour the home.