1004 S Riverside Avenue, Rialto, CA 92376
Property · 2 recorded sales since 2014
Sold April 2017
Listing Agent: Benjamin Lin (DRE #01383988) · Listing Office: RE/MAX 1000 Realty · Contact: 626-656-8600 · Bought with: Benjamin Lin · RE/MAX 1000 Realty · MLS #AR16758159 · Source: CRMLS
About this property
15 Luxury Townhome Style Units. Built in 2005. All 3 Bedrooms 2.5 baths. Units gated community is conveniently located within walking distance to the Walmart shopping center and restaurants (McDonald, Burger King) on Riverside Ave in Rialto. Easy access to 10 freeway. Total building square feet = 17,325; Lot size = 39,270 sq. ft.; Each unit is approx 1,150 sq.ft. with laundry hookup, 1 car garage, 1 parking space, and side garden. 2 guest parking in common area. Easy to manage newer units with low expenses. Current income = $243,000. Current operating expense = $52,471. Actual Cap = 5.9% Market rent is $261,000 Potential market cap rate = 6.43% Assumable financing available at 3.15%!
Listing description from the April 2017 sale, as reported to CRMLS.
Sale history
