Description

Welcome to 280 W South St in the heart of Rialto! A beautifully updated fourplex that offers both charm and established income stream with market rate units. Tucked behind a manicured front yard with low-maintenance turf, this four-unit property is a unique opportunity for seasoned investors and owner occupants alike. The units were remodeled in 2020, with a new roof, new front stucco-ed exterior, new windows, updated water heaters, and new flooring throughout each unit. The interior and exterior have been recently painted, and the property features: (three) large 1-bedroom, 1-bath units and (one) spacious 3-bedroom, 2-bath unit. The 3-bedroom unit has a new built-in A/C window unit in the dining area and a new one in the 1-bedrooms. The remodeled kitchen features white shaker cabinets and quartz countertops. Shared amenities include a community coin operated laundry area for tenant convenience and a total of six parking spaces: including two carports, one garage, and two additional open spaces, making parking a breeze for all residents. Three of the four units are currently occupied with tenants paying market rents, and one unit will be delivered vacant (Unit C), offering immediate upside for rental or personal use. Located in a residential neighborhood with nearby access to shopping, dining, and freeways, this fourplex offers a strong blend of comfort, curb appeal, and established income, all in one well-kept package.