CA > Rialto
Rialto, CA 92376,438 W Ramona Drive
Rialto, CA 92376,438 W Ramona Drive
Rialto, CA 92376,438 W Ramona Drive
25
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$950,000
Est. payment /mo
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3 Beds
2,875 SqFt
New

438 W Ramona Drive Rialto, CA 92376

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Grant Inaba

Grant Inaba

+1(415) 992-2330

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,875 sqft

Price per Sqft $330

MLS Listing ID CRSW25148442

Bedrooms 3

HOA Y/N No

Year Built 1959

Lot Size 7,686 Sqft

Acres 0.18

Property Sub-Type Quadruplex

Property Description

This listing is a unique offering because it's the best priced Rialto 4Plex offering in years!! This fine complex is a superb location since it's only walking minutes from grocery, drug store, and bus stop. It's also just minutes from the 10 freeway!! This complex consists of three 2 bedroom 1 bath units, and one 1 bedroom 1 bath unit. This is an incredible buy!! Check out the SALE COMPS in the SUPPLEMENTS attached. SALE COMP 428 W Ramona, just down the street from us & sold for $1,000,000!!! SALE COMP 1401 N Willow Ave, a few blocks away, is WAY inferior because it's all 1 bedrooms/1 baths & sold for $943,000!!! This complex really performs! At market rents, it's putting out a $100,740 annual gross income, a 9.43 Gross Rent Multiplier, a robust 9.20% Cap Rate, and an incredible 17.22% Cash on Cash Return!!! For info on returns, income, expenses, rent/sale comps, PLEASE SEE SUPPLEMENTS attached. Landlord pays water and trash and each tenant has their on metered gas & electric which they sign up and pay for. Please take a close look at the pictures! These are beautiful units, priced great, and perform really, really, well!!!

Location

State CA

County San Bernardino

Interior

Fireplace No

Laundry Common Area

Exterior

Exterior Feature Other

Total Parking Spaces 10

Building

New Construction No

Others

Tax ID 0127581140000

Bridge MLS
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Tony Burton • Burton Commercial, Inc.

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agent

Grant Inaba

Agent | License ID: 01905199

+1(415) 992-2330

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438 W Ramona Drive

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