125 N Date Avenue
Property Overview
Turnkey multi-family opportunity featuring two fully detached, single-story 1-Bed/1-Bath cottages on a spacious 8,100 sq. ft. lot. Completely renovated from the studs with luxury finishes throughout. Due to its spacious layout, the large front cottage is utilized as a 2-Bedroom unit. Strong rents are currently in place, providing great income. (One of, if not the, only local two-unit property on the market that has a positive cash-flow!) Both units were renovated from the ground up: new systems & interiors leading to minimal deferred maintenance and reduced capital expenditure risk for years to come. Each cottage offers tenants their own private yard space (front or back) plus ample onsite parking. Expense structure favors the owner: only the front unit's water bill is owner-paid, with tenants responsible for all other utilities, keeping operating costs lean and NOI predictable. An onsite garage adds further upside, with potential for ADU conversion (buyer to verify feasibility with the City of Rialto); a compelling value-add play for investors looking to add a third income stream down the line. Located just minutes from vibrant Downtown Rialto, the property benefits from proximity to local retail, dining, and everyday conveniences that support consistent tenant demand. *The property is located adjacent to a railway track that has been shut down, no trains pass by.
Home Details
- Property type
- Residential Income - Apartment
- Year built
- 1946
- Lot size
- 8,100 sq ft
- Parking
- 8 spaces
- Garage
- 1 spaces
- Stories
- 1
- Days on market
- 11
- MLS status
- Active
- Zoning
- R2
Features & Amenities
Interior
- All Bedrooms Down
Parking
- Garage
- Paved
Pool
- None
Lot
- Zero To One Unit Acre
Community, Schools & Utilities
Community
- View
- None
Utilities
- Heating
- None
- Cooling
- WallWindowUnits
- Water
- Public
- Sewer
- PublicSewer
Location & Neighborhood
Frequently Asked Questions About 125 N Date Avenue
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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