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Stabilized One-Story Quadplex

412 W Ramona Rialto, CA 92376

412 W Ramona, Rialto, CA, 92376
$975,000
For Sale
$975,000

Stabilized one-story quadplex with four identical two-bedroom, one-bath units and secured outdoor areas.

Property Size2,760 SF
Lot Size0.18 Acres
Price / SF$353.26
Days on Market68

Property Features for 412 W Ramona

General Information

Standard status
Active
Size
2,760 SF
Lot size
0.18 Acres
Property subtype
Investment

Building Details

Year Built
1961
Listing agency CBRE - Ontario
Listed by Eric Chen · License #01489184
Source Elliman
Added: May 16 Updated: Jul 21 at 11:55PM Checked: Jul 22 at 12:26PM

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 CBRE - Ontario


Investment Insights

Based on property information with market context.

Located at 412 W Ramona Drive in Rialto, California, this stabilized one-story quadruplex includes four identical two-bedroom, one-bathroom floor plans. Built in 1961, the residences have been maintained and include modern interior updates with a mix of carpet and vinyl wood flooring. Each unit features wall-mounted central air and heating, security doors, and efficient kitchens with gas stoves and oven ranges. The exterior is secured by an iron fence and gate and offers private porches, private yards, and composition roofs.

The property sits on a ±17,686 square foot lot with ±12,760 rentable square feet. Dedicated surface parking is located to the rear of the property, with additional ample street parking available. BikeScore is 61 and walkScore is 44, reflecting a car-dependent environment with some nearby accessibility; transitScore is 34.

The asset is presented as stabilized, income-producing housing with four matching units and a configuration designed for low-density living.

Key Highlights

  • Stabilized one‑story quadruplex built in 1961 at 412 W Ramona Drive, Rialto, CA
  • 4 identical units: 2 bed / 1 bath each, averaging 690 SF per unit
  • Total lot size approx. 17,686 SF and approx. 2,760 rentable SF

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $59.6k $21.60
− Vacancy −$3.7k −$1.33
EGI $55.9k $20.27
− OpEx −$16.8k −$6.08
NOI $39.2k $14.19
2,760 SF · lease $21.60/SF/yr · vacancy 6.17% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$559.4K
$489.5K – $652.6K (±1% cap)
NOI $39,156 @ 7.0% cap · market cap 4.02%
Second Best
Apartment 5plus
$498.8K
$436.5K – $581.9K (±1% cap)
NOI $34,916 @ 7.0% cap · market cap 3.58%
Theoretical Best
Office A
$697.3K
$610.2K – $813.6K (±1% cap)
NOI $48,813 @ 7.0% cap · market cap 5.01%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Daycare Center Electrical Service Pharmacy Travel Agency Acupuncture (Bike/Boat/Book/etc) Store Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Stabilized one-story quadplex with four identical two-bedroom, one-bath units and secured outdoor areas.
Where is this quadplex located?
The property is located at 412 W Ramona Rialto, CA.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Stabilized one‑story quadruplex built in 1961 at 412 W Ramona Drive, Rialto, CA; 4 identical units: 2 bed / 1 bath each, averaging 690 SF per unit; Total lot size approx. 17,686 SF and approx. 2,760 rentable SF
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