308 N Millard #6, Rialto, CA 92376
308 N Millard #6, Rialto, CA 92376
308 N Millard #6, Rialto, CA 92376
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,650,000
Est. payment /mo
0.29 Acres Lot
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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID IV26031683

HOA Y/N No

Year Built 1982

Lot Size 0.286 Acres

Property Sub-Type Apartment

Property Description

Investor opportunity! Well-maintained 6-unit income property featuring a desirable unit mix of one duplex with private enclosed yards and one fourplex designed for strong rental appeal and long-term cash flow. All six units offer 2 bedrooms, 1 bathroom, tile flooring, wood cabinetry, and individual 1-car garages — a highly sought-after setup for tenants.

The bottom units feature spacious enclosed private yards, while the upstairs units include private balconies, creating attractive outdoor living spaces that help maximize tenant retention. The property also includes an on-site community laundry facility for additional tenant convenience and potential ancillary income.  The property is gated for added privacy and security.

Currently generating over $12,000 per month in gross rental income, this property offers investors immediate cash flow with separate gas and electric utilities for each unit, helping reduce owner expenses and simplify property management. The property also features low-maintenance landscaping and a functional layout designed for ease of ownership. The gated perimeter adds privacy and security, while the ample concrete driveway and garage configuration provide excellent parking accommodations.

Centrally located with convenient access to schools, shopping, public transportation, and major commuter routes between the 10 and 210 freeways, this property sits in a high-demand rental corridor ideal for both seasoned and first-time investors.

Additional highlights include:

Strong unit mix with all 2 bed / 1 bath units

Separate gas and electric utilities

Individual 1-car garages for every unit

Private yards and balconies

On-site laundry facility

Attractive gated curb appeal

Low-maintenance exterior and landscaping

Excellent commuter location

Consistent rental demand area

Potential upside in future rents

Pride-of-ownership style property

A rare opportunity to acquire a stabilized multi-unit asset with strong income, practical layouts, and long-term investment potential.

Location

State CA

County San Bernardino

Area 272 - Rialto

Interior

Fireplace No

Laundry None

Exterior

Garage Spaces 6.0

Garage Description 6.0

Pool None

Community Features Sidewalks

Total Parking Spaces 6

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Multi/Split

Sewer Unknown

Water Public

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 0130081130000

Acceptable Financing Cash, Conventional, 1031 Exchange, Submit

Listing Terms Cash, Conventional, 1031 Exchange, Submit

Special Listing Condition Standard


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Listed by KAREN URRUTIA LIGHTHOUSE REALTY ASSOC INC 909-906-0114, DRE #01401508

NEARBY SCHOOL & BUSINESS

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