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$1,100,000

  • Sold
  • Closed
  • Multi-Family
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NOI, NOI, NOI!! Rare opportunity to get incredible above-market NOI in the heart of Rialto!! This hard-to-find investment opportunity has a current net operating income of $58350 with more upside potential. A fully rented 4-unit building offers exceptional potential with a mix of one spacious 3-bedroom, 2-bathroom unit and three comfortable 2-bedroom, 1-bathroom units. Each unit includes an assigned one-car garage and access to up to 8 uncovered parking spaces, providing ample parking for tenants. This property is perfect for investors seeking steady rental income in a desirable location. Don't miss out on this rare opportunity *** ACT NOW!*** With the right offer the seller will provide a 2-point buy down on the interest rate. Additionally, the lender will contribute 1% of the loan amount, up to $5,000, further easing your financial commitment. Contact us today to learn more about this exclusive offer!

Full Property Details for 1080 N Verde Ave

General

  • Sold For: $1,100,000
  • Status: Closed
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: PW24118506
  • Added to Site: 202 day(s) ago

Interior

  • Fireplace(s): None

Rooms

Other Rooms

  • Laundry: None

Additional Information

  • Pool Description: None

Parking

  • Garage Spaces: 4
  • Parking Features: Assigned, Unassigned
  • Parking: Assigned, Unassigned

Location

  • Area: 272 - Rialto
  • County: San Bernardino
  • Development Name: 272 - Rialto
  • Driving Directions: From Baseline south on Lilac west on Shamrock. Consule GPS

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 4
  • # Electric Meters: 4

Structural Information

  • Entry Location: ground
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 3,765
  • Year Built: 1984

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.1947
  • Lot Size Source: Assessor
  • Zoning: R-3
  • Lot Description: 0-1 Unit/Acre

Financial Considerations

  • Price Per Sq. Ft.: $292.16
  • Price Per Unit: 273500

Listed by First Team Real Estate, Gustavo Arias
Sold by Homequest Real Estate, George Ortiz

Listing agent

— 1080 N Verde Ave —

  • Gustavo Arias

    First Team Real Estate

323-819-0035

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1080 N Verde Ave

School District:Rialto Unified School District
RatingNameGradesDistance
3
Dunn Elementary School
830 N Lilac Ave, Rialto, CA 92376
K-50.3 mi
3
Kucera Middle School
2140 W Buena Vista Dr, Rialto, CA 92377
6-83.6 mi
5
Eisenhower High School
1321 N Lilac Ave, Rialto, CA 92376
9-120.4 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1080 N Verde Ave

Date
Details
Price
Change
Source
8/20/2024
Sold
$1,100,000
0.55%
MLS
6/20/2024
Price Reduced
$1,094,000
-0.27%
MLS
6/17/2024
Price Reduced
$1,097,000
-0.27%
MLS
6/12/2024
Listed
$1,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by First Team Real Estate, Gustavo Arias
Sold by Homequest Real Estate, George Ortiz

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Recent Sales near 1080 N Verde Ave

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1080 N Verde Avenue, Rialto, CA 92376 (MLS# PW24118506) is a Multi-Family property that was sold at $1,100,000 on August 20, 2024. Want to learn more about 1080 N Verde Avenue? Do you have questions about finding other Multi-Family real estate for sale in Rialto? You can browse all Rialto real estate or contact a Coldwell Banker agent to request more information.

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