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125 N Date Ave, Rialto, CA 92376

$540,000
  • bed

  • bath

Multi-family for sale 36 days
$55K price drop

About 125 N Date Ave

Property type Multi-family
Neighborhood
Year built 1946
HOA fee $0/month
Lot size 8,100 Sqft
Movoto estimate
Parking 1 garage spaces
Rental estimate
Property description
Turnkey multi-family opportunity featuring two fully detached, single-story 1-Bed/1-Bath cottages on a spacious 8,100 sq. ft. lot. Completely renovated from the studs with luxury finishes throughout. Due to its spacious layout, the large front cottage is utilized as a 2-Bedroom unit. Strong rents are currently in place, providing great income. (One of, if not the, only local two-unit property on the market that has a positive cash-flow!) Both units were renovated from the ground up: new systems & interiors leading to minimal deferred maintenance and reduced capital expenditure risk for years to come. Each cottage offers tenants their own private yard space (front or back) plus ample onsite parking. Expense structure favors the owner: only the front unit's water bill is owner-paid, with tenants responsible for all other utilities, keeping operating costs lean and NOI predictable. An onsite garage adds further upside, with potential for ADU conversion (buyer to verify feasibility with the City of Rialto); a compelling value-add play for investors looking to add a third income stream down the line. Located just minutes from vibrant Downtown Rialto, the property benefits from proximity to local retail, dining, and everyday conveniences that support consistent tenant demand. *The property is located adjacent to a railway track that has been shut down, no trains pass by.
Listed by
Listing Agent - Kristopher German
Listing Agent Contact: 909-645-0443
Listing Office - RE/MAX 2000 REALTY
Source: CRMLS mls logo
MLS#CV26177837 • last updated 3 weeks ago
Movoto checked CRMLS for data 1 minute ago
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Overview
Levels/Style One
Type Residential Income
SubType Apartment
Status Active
Lot Size (Acres) 0.186
Lot Size (SqFt) 8100
Year Built 1946
Interior
Laundry Gas & Electric Dryer Hookup
Other Room(s) All Bedrooms Down
Appliances None
Exterior
Building Area Square Feet, 1368
Roof Shingle
Parking Garage, Paved
# Uncovered Spaces 7
# Parking Spaces 8
# Garage Spaces 1
Lot Description 0-1 Unit/Acre
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Spa None
Pool None
Location
View None
County San Bernardino
Community Features Gutters, Sidewalks
Zoning R2
Directions Major Cross-Streets: Foothill And Riverside Avenue
APN 130172320000
Multifamily Details
Vacancy Allowance 1377
Operating Expense 12662
Cap Rate 6.06
Expense: Insurance 2250
Total Expenses 13315
Expense: Maintenance 1500
Expense: Water/ Sewer 2200
Gross Income 45900
Gross Operating Income 45363
Gross Multiplier 11.55
Gross Scheduled Income 46740
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Source: GreatSchools.org © 2026. All rights reserved.

Around Downtown Rialto

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68/100
Walk
100/100
Family
77/100
Dining
90/100
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  • Real Estate
  • CA
  • San Bernardino County
  • Rialto
  • 92376
  • Downtown Rialto
  • 125 N Date Ave

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