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Jessica Panzica

jessica@jessicapanzica.com +1(714) 313-8193

$540,000

Est. payment - /mo

8,102 Sqft Lot

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Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV26177837

HOA Y/N No

Year Built 1946

Lot Size 8,102 Sqft

Property Sub-Type Apartment

Property Description

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.

Location

State CA

County San Bernardino

Area 272 - Rialto

Zoning R2

Interior

Interior Features All Bedrooms Down

Heating None

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Laundry Electric Dryer Hookup, Gas Dryer Hookup

Exterior

Parking Features Garage, Paved

Garage Spaces 1.0

Garage Description 1.0

Fence Chain Link

Pool None

Community Features Gutter(s), Sidewalks

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available

View Y/N No

View None

Roof Type Shingle

Total Parking Spaces 8

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 0130172320000

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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Listed by Kristopher German RE/MAX 2000 REALTY 909-645-0443, DRE #01800021

Nearby School & Business

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Jessica Panzica

+1(714) 313-8193

Agent License ID: 01854556

125 N Date AVE Rialto, CA 92376

Jessica Panzica

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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