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225 E Jackson ST Rialto, CA 92376
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Key Details
Sold Price $1,250,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,776 sqft
Price per Sqft $261
MLS Listing ID AR25102651
Sold Date 07/08/25
HOA Y/N No
Year Built 1966
Lot Size 7,400 Sqft
Acres 0.1699
Property Sub-Type Quadruplex
Property Description
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!
Location
State CA
County San Bernardino
Area 272 - Rialto
Interior
Heating Central
Cooling Central Air
Laundry None
Exterior
Garage Spaces 4.0
Pool None
Community Features Curbs, Gutters
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Special Listing Condition Standard
Lease Land No
Confidential INFO
TERMS 1031 Exchange,Cash,Cash To New Loan,Conventional
LIST AGRMT Exclusive Right To Sell
LIST SERVICE Full Service
SHOW CONTACT TYPE See Remarks
SHOW CONTACT NAME ERIC CHANG
SHOW CONTACT PH 6263534121
SHOW INSTRUCTIONS Buyer to cooperate with seller's 1031 exchange at no extra cost to the buyer. Offers subject to interior inspection. Only complete offers will be considered. The property is sold \"as is,\" and buyers along with their agents are responsible for conducting their own investigations regarding all aspects of the property, including rent control, relocation fees, boundaries, square footage, etc.
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Bought with LIGHTHOUSE REALTY ASSOC INC