523 W Shamrock Street, Rialto, CA 92376

About this property

Great Investment Triplex Property in the City of Rialto!Near 210 freeway, Schools, and shopping centers. Property consists of ONE- 2 Bedroom 1 bath unit and TWO- 1bedroom 1 bath units. Each has it's own carport . All three units have newer kitchens installed. Property includes semi new coin operating washer and dryer, concrete common patio, water efficient landscaping, newer water heaters and AC Units. While the current owners have rarely raised rental rates, the city of Rialto rental market has offered strong rental demand and rental rate growth over the last decade, with rents growing by 15.2% in 2021 and poised to grow at a 7.8% rate this year. With market rental rates in place, there is an approximate 55% upside in rental income.

Listing description from the September 2022 sale, as reported to CRMLS.

Sale history

$630,000

Sold September 2022 · listed $650,000, orig. $670,000, on market June 2022 · MLS #CV22130065 · Source: CRMLS

Listing Agent: MARITZA HERNANDEZ · Listing Office: REALTY ONE GROUP WEST · Contact: 909-694-0160 · Bought with: Prashant Sampat · Pacific Avenue Realty

$365,000

Sold November 2016 · on market August 2016 · MLS #CV16168167 · Source: CRMLS

Listing Agent: CANDELARIA TORRES · Listing Office: SOUTH POINTE PROPERTIES · Contact: 626-859-3450 · Bought with: Chico Granadeno · C-21 Powerhouse

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