Rialto, CA 92376,523 W Shamrock Street
Rialto, CA 92376,523 W Shamrock Street
Rialto, CA 92376,523 W Shamrock Street
$630,000
Est. payment /mo
$650,000
3.1%
Est.Price: ?

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4 Beds
3 Baths
7,200 Sqft Lot
SOLD DATE : 09/21/2022

Key Details

Sold Price $630,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CV22130065

Sold Date 09/21/22

Bedrooms 4

HOA Y/N No

Lot Size 7,200 Sqft

Property Description

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.
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.

Location

State CA

County San Bernardino

Area Rialto (92376)

Zoning Seller

Interior

Cooling Wall/Window

Building

Lot Description Corner Lot, Sidewalks

Lot Size Range 4000-7499 SF

Others

Acceptable Financing Cash, Conventional, FHA

Space Rent $1,200

Listing Terms Cash, Conventional, FHA

Financing Conventional

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Kobe Zimmerman

Kobe Zimmerman

Berkshire Hathaway Home Services California Properties

+1(858) 753-3353

Our team is ready to help you sell your home for the highest possible price ASAP


San Diego Regional MLS (SDMLS)
Listed by MARITZA HERNANDEZ • REALTY ONE GROUP WEST
Bought with Prashant Sampat • Pacific Avenue Realty
agent-avatar

+1(858) 753-3353

kobezimmerman@bhhscalifornia.com

955 Orange Ave, Coronado, CA, 92118

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