160 W Cascade, Rialto, California 92376, Rialto, - bed, bath

home-pic
ACTIVE$1,190,000
160 W Cascade, Rialto, California 92376
0Bed
0Bath
3,608Sqft
8,214Lot
Year Built
1968
Close
-
List price
$1.19M
Original List price
$1.19M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
PW25248290
Home ConditionFair
Features
Good View:
Patio
View-

About this home

Excellent Investment opportunity 4 units property on a big corner lot! This well-maintained fourplex in a great location, making it a prime investment for both short-term and long-term strategies. The front unit A offers 3beds/2baths, and the other three units B,C,D each have 2beds/1bath. Newer 5-year-old roof for added durability. Tile flooring throughout the house for easy maintenance. All plumbing is copper. Each unit has its own 1-car garage, 4 separate electric meters, 5 separate gas meters, , 1 water meter, 4 disposal, with tenants responsible for electricity and gas bill. Wall Ac units in each unit. There've been no late rent payments from tenants. The tenants are on month-to-month lease, and there are also no section 8 tenants. There is no rent control. Unit A is approximately 1,058 square feet (estimated), while Units B, C, and D are each approximately 850 square feet (estimated). - Unit A (3 beds / 2 baths) is currently rented at $2,400. - Unit B (2 beds / 1 bath) is rented at $1,640. - Unit C (2beds/1 bath) is rented at $1,900. - Unit D (2beds/1 bath) is rented at $1,750. Located in a rapidly growing area, this property is close to major amenities, including, restaurants, jack in the box, In-N-Out Burger, the coffee Bean & Tea Leaf, Walmart, markets, schools, USPS post office, and freeway access 210, making it highly desirable for tenants. Don't miss out on this fantastic income - generating opportunity.

Price History

Date
Event
Price
10/29/25
Listing
$1,190,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (7 Listings)
Beds00
Baths00
Square foot3,6083,708
25%
Lot Size8,2147,810
50%
Price$1.19M$1.1M
63%
Price per square foot$330$285
88%
Built year19689835984
63%
HOA
Days on market889
13%
Condition Rating
Fair

Built in 1968, this property is aged but appears to be maintained. While it benefits from a newer 5-year-old roof and copper plumbing, the interior images reveal significantly outdated kitchens and bathrooms with basic fixtures and finishes. The presence of wall AC units further indicates older, less efficient systems. The tile flooring throughout is functional but not modern. The property is livable and functional, but requires minor to moderate updates to meet current aesthetic and efficiency standards.
Pros & Cons

Pros

Strong Income Generation & Tenant Profile: This fourplex is an excellent investment opportunity with a current monthly income of $7,690, supported by a history of no late rent payments and no Section 8 tenants. The absence of rent control and month-to-month leases offer significant flexibility for future rent adjustments and property management.
Low Owner Operating Costs: The property features separate electric and gas meters for each unit, with tenants responsible for these utilities, significantly reducing the owner's monthly operating expenses. Each unit also includes its own 1-car garage.
Recent Capital Improvements: Key updates include a newer 5-year-old roof and copper plumbing throughout, indicating proactive maintenance and reducing immediate capital expenditure concerns for a new owner.
Durable & Low-Maintenance Features: Tile flooring throughout the property offers durability and ease of maintenance, contributing to lower long-term upkeep costs and tenant appeal.
Desirable Location & Amenities: Situated on a big corner lot in a rapidly growing area of Rialto, the property boasts proximity to major amenities like restaurants, markets, schools, and convenient access to Freeway 210, enhancing its attractiveness to tenants.

Cons

Age of Property & Cooling System: Built in 1968, the property is over 50 years old. While some updates are noted, the presence of 'Wall AC units' suggests an older, less efficient cooling system compared to central air, which could be a drawback for tenants and lead to higher energy consumption.
Single Water Meter: The property has only one water meter for all four units, meaning the owner is likely responsible for the entire water bill, which can be a significant and variable operating expense not covered by tenants.
Estimated Unit Sizes: The square footage for each unit is listed as 'estimated,' which may require verification during due diligence to ensure accuracy and avoid potential discrepancies.

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