Search
Newer 5-Unit Townhome Apartment
For Sale
$2,200,000

228 N Orange, Rialto, CA 92376

Newer 5-unit townhome-style apartment complex in Rialto, California.

Property Size6,240 SF
Days on Market358

Property Features for 228 N Orange

General Information

Standard status Active
Size 6,240 SF
Property subtype Apartment

Building Details

Building Size 6,240 SF
Year Built 2017
Stories 2
Listing Agency: PINNACLE REAL ESTATE GROUP
Listed By: Paul Siu · License #01221460
Source: Kw
Added: Oct 25, 2025 Changed: Oct 16 Last Checked: Oct 16 at 6:58AM

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 PINNACLE REAL ESTATE GROUP

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This newer built 5-unit townhome-style apartment complex is located within walking distance of downtown Rialto and near freeway access. Each unit features 3 bedrooms and 2.5 baths, along with a 2-car attached garage providing direct access. In-unit laundry is located on the second level. The property includes tile roofing and private balconies off the master bedrooms. Two of the units are currently used as Airbnb rentals, and another unit will be vacated by the end of October. The property is located in a high-demand rental area.

Key Highlights

  • Newer 5‑unit townhome‑style apartment complex.
  • Each unit has 3 bedrooms and 2.5 baths.
  • Enjoy the convenience of a 2‑car attached garage with direct access for each unit.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$78,939
Cap Rate
3.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,578,780 $1.6M
Cap Rate 7%
$1,127,700 $1.1M
Cap Rate 9%
$877,100 $877.1K
Market Conditions
NOI Build-Up for 6,240 SF
Gross rent
$153.5K $24.60/SF
− Vacancy
−$10.0K −$1.60/SF
EGI
$143.5K $23.00/SF
− OpEx
−$64.6K −$10.35/SF
NOI
$78.9K $12.65/SF
Area
Rialto, CA
Vacancy
6.50%
Lease Rate
$24.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,578,780
Cap Rate 7%
$1,127,700
Cap Rate 9%
$877,100

Alternative Uses

Best Use
Apartment 5plus
$1.13M
$986.7K – $1.32M (±1% cap)
NOI $78,939 @ 7.0% cap · market cap 3.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.58M
$1.38M – $1.84M (±1% cap)
NOI $110,360 @ 7.0% cap · market cap 5.02%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Nursing Home (Bike/Boat/Book/etc) Store Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

847
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Newer 5-unit townhome-style apartment complex in Rialto, California.
Where is this apartment building located?
The property is located at 228 N Orange Rialto, CA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Newer 5‑unit townhome‑style apartment complex.; Each unit has 3 bedrooms and 2.5 baths.; Enjoy the convenience of a 2‑car attached garage with direct access for each unit.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again