Townhome-Style Multifamily
1525 North Palm Avenue Rialto, CA 92376
1525 North Palm Avenue, Rialto, CA, 92376
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For Sale
Contact for pricing
Modern 20-unit townhome-style community built in 2008 with a mix of 2- and 3-bedroom floor plans.
Property Size21,440 SF
Price / SF$349.81
Days on Market50
Property Features for 1525 North Palm Avenue
General Information
- Standard status
- Active
- Size
- 21,440 SF
- Property subtype
- Multifamily
Listing agency
Marcus & Millichap - Los Angeles
(310) 909-5500
Listed by
Jason Fefer · License #CA 02100489
Source
Crexi
Added: Jun 3 Updated: Jul 21 at 12:37AM Checked: Jul 21 at 6:24AM
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 Marcus & Millichap - Los Angeles
Investment Insights
Based on property information with market context.
Marcus & Millichap is pleased to present a modern, 2008-construction townhome-style multifamily community containing 20 units. The property totals approximately 21,440 rentable square feet and offers six 2-bedroom, 2.5-bath units and fourteen 3-bedroom, 2.5-bath units. Unit layouts are described as family-oriented, with private entrances and a residential living experience. The asset is reported to be meticulously maintained and is being offered as turnkey, with minimal anticipated near-term capital expenditures.
The property is located at 1525 N Palm Avenue in Rialto, California. The community is positioned in the Inland Empire, where the offering notes strong multifamily demand and sustained renter absorption.
From an ownership standpoint, in-place rents are reported to remain slightly below market, with the expectation of upside through natural turnover and light interior upgrades.
The property is located at 1525 N Palm Avenue in Rialto, California. The community is positioned in the Inland Empire, where the offering notes strong multifamily demand and sustained renter absorption.
From an ownership standpoint, in-place rents are reported to remain slightly below market, with the expectation of upside through natural turnover and light interior upgrades.
Key Highlights
- Modern 20‑unit townhome‑style multifamily community built in 2008 at 1525 N Palm Avenue, Rialto, CA
- Approximately 21,440 rentable SF with a unit mix of six 2‑bedroom/2.5‑bath and fourteen 3‑bedroom/2.5‑bath units
- Townhome‑style design with private entrances and residential layout, designed for 2- and 3‑bedroom living
Local Financial Insights For Apartment 5plus
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 | $527.4k | $24.60 |
| − Vacancy | −$34.3k | −$1.60 |
| EGI | $493.1k | $23.00 |
| − OpEx | −$221.9k | −$10.35 |
| NOI | $271.2k | $12.65 |
21,440 SF · lease $24.60/SF/yr · vacancy 6.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$3.87M
$3.39M – $4.52M
NOI $271,228 @ 7.0% cap · market cap 3.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.42M
$4.74M – $6.32M
NOI $379,185 @ 7.0% cap · market cap 5.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Modern 20-unit townhome-style community built in 2008 with a mix of 2- and 3-bedroom floor plans.
Where is this apartment building located?
The property is located at 1525 North Palm Avenue Rialto, CA.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: Modern 20‑unit townhome‑style multifamily community built in 2008 at 1525 N Palm Avenue, Rialto, CA; Approximately 21,440 rentable SF with a unit mix of six 2‑bedroom/2.5‑bath and fourteen 3‑bedroom/2.5‑bath units; Townhome‑style design with private entrances and residential layout, designed for 2- and 3‑bedroom living
