Renovated Duplex With Detached
For Sale
$595,000
125 N Date Avenue, Rialto, CA 92376
Two separate cottages provide private outdoor areas and on-site parking.
Property Size1,368 SF
Lot Size0.19 Acres
Days on Market9
Property Features for 125 N Date Avenue
General Information
Standard status
Active
Size
1,368 SF
Lot size
0.19 Acres
Property subtype
Apartment
Units
Unit Mix
1 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units
2
Amenities
private yard space
onsite garage
Building Details
Building Size
1,368 SF
Year Built
1946
Buildings
2
Stories
1
Listing Agency:
RE/MAX 2000 REALTY
(909) 349-0363
Listed By:
Kristopher German · License #01800021
Source:
Camdenmckayre
Added: Aug 13
Changed: Aug 20
Last Checked: Aug 21 at 11:32AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX 2000 REALTY
Investment Insights
Based on property information with market context.
This duplex consists of two fully detached, single-story cottages on an 8,100-square-foot lot. Each cottage includes one bedroom and one bathroom, while the larger front residence is currently used as a two-bedroom unit. Both homes were renovated from the studs with updated systems and interiors. Private yard areas serve the front and rear cottages, and on-site parking is provided. An on-site garage offers potential for ADU conversion, subject to feasibility review with the City of Rialto.
The property was originally built in 1946 and is located near Downtown Rialto, with nearby retail, dining, and everyday services. The front unit’s water service is owner-paid; tenants are responsible for all other utilities. These separate residences and the garage create a straightforward duplex configuration with an additional conversion possibility for a qualified buyer.
The property was originally built in 1946 and is located near Downtown Rialto, with nearby retail, dining, and everyday services. The front unit’s water service is owner-paid; tenants are responsible for all other utilities. These separate residences and the garage create a straightforward duplex configuration with an additional conversion possibility for a qualified buyer.
Key Highlights
- Two fully detached, single‑story cottages configured as a duplex
- 8,100‑square‑foot lot with private yard areas for both cottages
- Front cottage currently used as a 2‑bedroom unit; rear cottage is 1 bedroom
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$19,408
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.26%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$388,160
$388.2K
Cap Rate 7%
$277,257
$277.3K
Cap Rate 9%
$215,644
$215.6K
Market Conditions
NOI Build-Up for 1,368 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$29.5K $21.60/SF
− Vacancy
−$1.8K −$1.33/SF
EGI
$27.7K $20.27/SF
− OpEx
−$8.3K −$6.08/SF
NOI
$19.4K $14.19/SF
Area
Rialto, CA
Vacancy
6.17%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$388,160
Cap Rate 7%
$277,257
Cap Rate 9%
$215,644
Alternative Uses
Best Use
Multifamily LT 5
$277.3K
$242.6K – $323.5K
NOI $19,408 @ 7.0% cap · market cap 3.26%
Second Best
Apartment 5plus
$247.2K
$216.3K – $288.4K
NOI $17,306 @ 7.0% cap · market cap 2.91%
Theoretical Best
Office A
$345.6K
$302.4K – $403.2K
NOI $24,194 @ 7.0% cap · market cap 4.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,256
Businesses Nearby
Explore this area
Business Placement
Demographics for 92376, CA
84,548
Population
22,716
Households
3.7
Avg Household Size
32
Median Age
10%
College-Educated
72%
High-School Grad
13.3 sq mi
ZIP Area
6,357
Density / Sq Mi
$76,914
Median Household Income
$36,399
Median Earnings
$1,613
Median Rent
$433,100
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate cottages provide private outdoor areas and on-site parking.
Where is this duplex located?
The property is located at 125 N Date Avenue Rialto, CA.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Two fully detached, single‑story cottages configured as a duplex; 8,100‑square‑foot lot with private yard areas for both cottages; Front cottage currently used as a 2‑bedroom unit; rear cottage is 1 bedroom
