201 201 N Magnolia, Rialto, California 92376, Rialto, - bed, bath
ACTIVE UNDER CONTRACT$509,000
201 201 N Magnolia, Rialto, California 92376
0Bed
0Bath
1,750Sqft
6,540Lot
Year Built
1948
Close
-
List price
$509K
Original List price
$509K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
OC25234720
Home ConditionPoor
Features
Patio
View-
About this home
This property has 3 separate living units. The front house has 3 bedrooms + 1 full bathroom. The attached 2-level apartment has a small kitchen on first floor and a large bedroom upstairs with a walk-in closet, dressing area and a full bathroom. The detached studio is at the rear and has a 1/2 bathroom + walk-in shower. There are several mature fruit & flowering trees in the front and side yards including lemon, persimmon, avocado, orange, lime and plumeria. The detached 2-car garage has hookups for a washer and dryer and houses the water heater. WIth some TLC and upgrades to each unit, this could be a great home for a multi-generational family or investors looking for a rental property with a potential for market rents.
Price History
Date
Event
Price
10/07/25
Listing
$509,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (7 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 1,750 | 3,708 | 13% |
| Lot Size | 6,540 | 7,403 | 13% |
| Price | $509K | $1.05M | 13% |
| Price per square foot | $291 | $285 | 75% |
| Built year | 1948 | 9830984 | 13% |
| HOA | |||
| Days on market | 29 | 88 | 13% |
Condition Rating
Poor
Built in 1948, this multi-unit property requires substantial rehabilitation. The kitchens feature very outdated wood paneling, old cabinets, and fluorescent lighting, necessitating full renovation. Bathrooms are basic and dated with older tile. Flooring is a mix of older ceramic tile, worn carpet, and worn wood-look laminate. Light fixtures are largely outdated. The description explicitly states 'some TLC and upgrades to each unit' are needed, indicating significant investment required to bring the property up to modern living standards and address potential issues with major systems due to its age.
Pros & Cons
Pros
Multi-Unit Income Property: The property features three separate living units (a 3-bed main house, a 2-level apartment, and a detached studio), offering significant income potential for investors or flexible living arrangements for multi-generational families.
Versatile Investment Opportunity: Its configuration as a triplex makes it highly attractive to both real estate investors seeking rental income and families looking for multi-generational living solutions, broadening its market appeal.
Mature Landscaping & Fruit Trees: The presence of several mature fruit and flowering trees (lemon, persimmon, avocado, orange, lime, plumeria) enhances curb appeal, provides natural beauty, and offers practical benefits.
Detached 2-Car Garage with Laundry: A detached two-car garage provides valuable off-street parking and storage, along with convenient washer and dryer hookups, adding a desirable amenity for residents.
Potential for Increased Rental Income: The description highlights a clear 'potential for market rents' after upgrades, indicating a strong opportunity for investors to achieve a good return on investment through strategic improvements.
Cons
Requires Significant Renovation: The property explicitly states a need for 'TLC and upgrades to each unit,' implying immediate capital expenditure and effort will be required to modernize and maximize its value and rental potential.
Age of Property: Built in 1948, the property is over 75 years old, which often suggests the likelihood of outdated systems, infrastructure, and potentially higher maintenance costs compared to newer constructions.
Limited Bathroom in Main Unit: The front house, which is the largest unit with 3 bedrooms, is equipped with only one full bathroom, which could be inconvenient for a larger family or multiple occupants.