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145 W. Grove Street Rialto, CA 92376
  • Units 15
  • SQ.FT. 13,610
$4,100,000
  • Status Closed
  • Year Built 1974
  • Property Type Multi Family, Multi-Unit Residential

Property Highlights

OFFERING PRICE: $4,100,000
“TURN-KEY” & PRIDE OF OWNERSHIP!

  • Current GRM: 11.27 | Current Cap Rate: 6.03% with Upside!
  • Excellent Unit Mix of: (1) 3-Bed/2-Bath, (1) 2-Bed/2-Bath, (10) 2-Bed/1-Bath & (3) 1-Bed/1-Bath Units
  • Turn-Key Asset with Copious Amount of Recent Capital Expenditure Including:
    • INTERIORS: New Flooring, Kitchens, Bathrooms, Walk-in Closets, Appliances, New Electrical Subpanels & More (13 of the 15 Units!)
    • EXTERIOR: New HVACS, Remodeled Entryway, Refreshed Landscaping, All Copper Plumbing and More!
  • Newer 1970’s Construction with Colonial-Style Architecture and Tenant Amenities
  • Tenants Enjoy Gated On-Site Parking, an On-Site Laundry Facility, and a Recreational Room
  • Private Entrance with Intercom System for Added Security
  • Approved Plans for 3 ADUs for Instant Value-Add Potential

Property Details

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