Property Details
About this Property
We are pleased to present an exceptional turn-key investment opportunity in a prime multi-family asset, offering a rare combination of solid cash flow and substantial upside potential. The property features an attractive unit mix of (1) 3-Bedroom/2-Bathroom, (1) 2-Bedroom/2-Bathroom, (10) 2-Bedroom/1-Bathroom, and (3) 1-Bedroom/1-Bathroom units, making it well-suited for a diverse tenant base. Recent capital improvements have brought the property to a "like-new" condition, with 13 out of 15 units undergoing comprehensive renovations that include new flooring, kitchens, bathrooms, walk-in closets, appliances, and updated electrical subpanels. The exterior has also been extensively upgraded, with new HVAC systems, a remodeled entryway, refreshed landscaping, and all copper plumbing, ensuring long-term durability and tenant satisfaction. Built in the 1970s, the property features colonial-style architecture and includes valuable amenities that enhance tenant experience, such as gated on-site parking, an on-site laundry facility, and a recreational room. For added privacy, the property offers a private entrance with an intercom system. Beyond the current upgrades, this property offers immediate value-add potential with approved plans for three ADUs, which will allow for increased r
MLS Listing Information
MLS #
CRCV24236870
MLS Source
California Regional MLS
Days on Site
33
Interior Features
Cooling
Central Forced Air
Heating
Central Forced Air
Exterior Features
Style
Colonial
Parking, School, and Other Information
Garage/Parking
Carport, Common Parking Area, Gate/Door Opener, Garage: 0 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
145 W Grove St is a Residential Income in Rialto, CA 92376. This – square foot property sits on a 34,409 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $4,275,000 and was built in 1974. This address can also be written as 145 W Grove St, Rialto, CA 92376.
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This listing information is up-to-date as of December 19, 2024. For the most current information, please contact Kristopher German, (626) 427-0786
