160 W Cascade Dr Rialto, CA 92376
Well-maintained fourplex on a corner lot, great investment opportunity.
Lot size:
0.19 AcresProperty Features for 160 W Cascade Dr
General Information
- Property type
- Investment
- Standard status
- Active
- Lot size
- 0.19 Acres
Building Details
- Year built
- 1968
Source:
Elliman
Listing Agent: Cindy Doan
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Rialto Fourplex Investment Opportunity
This four-unit property presents an investment opportunity, situated on a corner lot. The property is suitable for both short-term and long-term investment strategies. Unit A features 3 bedrooms and 2 bathrooms, while Units B, C, and D each offer 2 bedrooms and 1 bathroom. A newer roof, approximately 5 years old, provides added durability. Tile flooring is installed throughout the property. The plumbing is copper. Each unit includes a 1-car garage. There are 4 separate electric meters and 5 separate gas meters, along with 1 water meter and 4 disposals. Tenants are responsible for their electricity and gas bills. Each unit is equipped with wall AC units. The tenants are on month-to-month leases, and there are no section 8 tenants. There is no rent control. Unit A is approximately 1,058 square feet (estimated), and Units B, C, and D are each approximately 850 square feet (estimated). The current rents are: Unit A (3 beds / 2 baths) at $2,400, Unit B (2 beds / 1 bath) at $1,640, Unit C (2beds/1 bath) at $1,900, and Unit D (2beds/1 bath) at $1,750. The property is located in a rapidly growing area, close to amenities such as restaurants (Jack in the Box, In-N-Out Burger, The Coffee Bean & Tea Leaf), Walmart, markets, schools, a USPS post office, and freeway access 210.
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Rialto
- County
- San Bernardino
- State
- California
- Longitude
- -117.3691311
- Latitude
- 34.126639
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FAQs
What type of property is this?
Quadplex - Well-maintained fourplex on a corner lot, great investment opportunity.
Where is this quadplex located?
The property is located at 160 W Cascade Dr Rialto, CA.
What is the asking price?
The asking price for this property is $1,190,000.
What are key features of this property?
This property features: - Excellent income-generating fourplex in a desirable location with strong rental history.; - Newer roof and copper plumbing provide durability.; - Each unit has its own garage and separate electric/gas meters.
