Active

412 W Ramona

Rialto, CA 92376

$975,000 $4,110/Mo

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Overview

Bed

Bath

2,760

Sqft

7,686

Sqft(Lot)

Description

We are pleased to present the opportunity to acquire a stabilized quadruplex located at 412 W Ramona Drive in Rialto, California. Located just one block from the historic Route 66 (Foothill Blvd), this one-story property is within walking distance of prime local retail, offering residents an ideal blend of convenience and heritage. This quadruplex presents a rare opportunity to capture a substantial 16% rental upside in the high-demand Inland Empire market, pairing long-term appreciation potential with a stable 5.25% entry cap rate and an 11.27 GRM. With a projected pro forma cap rate of 6.88% upon reaching market rents, the asset is positioned for significant growth. Situated on a generous ±7,686 square foot lot with ±2,760 rentable square feet area, the property provides a low-density living environment that is increasingly sought after in the region. 412 W Ramona Drive consists of four identical two-bedroom, one-bathroom floor plans with an average size of 690 square feet. Built in 1961, the residences have been thoughtfully maintained and feature modern interior updates with a mix of carpet and vinyl wood flooring. Each unit is designed for convenience with wall-mounted central air and heating, security doors, and efficient kitchens equipped with gas stoves and oven ranges. The exterior is secured by an iron fence and gate, featuring private porches, private yards, and composition roofs. Residents enjoy dedicated surface parking in the rear of the property in addition to ample street parking. This offering presents an opportunity to acquire a stabilized, income-producing asset in one of the nation’s most resilient rental markets. Whether for a 1031 exchange buyer or a seasoned investor, 412 W Ramona Drive provides long-term stability and significant growth potential. The combination of current cash flow and the 16% rental upside offers a clear path to value appreciation, underpinned by the strong economic fundamentals and the logistics-driven growth of the Rialto submarket.

Property Details

Property Type : Residential Income

Price : $975,000

AD Id : 78716552

MLS Id : CV26106598

Beds : 2

Lot Size : 7,686 Sqft

Living Area Size : 2,760

Year Built : 1961

County : San Bernardino

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Water Source: Public Sewer: Public Sewer
Cooling Features

Wall/Window Unit(s) Air Conditioning

Heating Source

Wall Furnace Has Heating

Building Information

Year Built: 1961 Building Area Total: 2,760
Pool Features

None

Laundry Features

None

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1764
Lot Size Source: Assessor Lot Size Square Feet: 7686

Listing Price Information

Original List Price: 975,000 Listing Contract Date: 2026-05-15
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 0127581120000

Other Property Info

Source Listing Status: Active Source Neighborhood: 272 - Rialto Directions: Merge onto I-10 E, Take exit 66 for Cedar Ave, Turn left onto Cedar Ave, Turn left onto S Cactus Ave, Turn right onto W Rialto Ave, Turn left onto N Lilac Ave, Turn right onto W Ramona Dr Source Property Type: Residential Income Area: 272 - Rialto Property SubType: Quadruplex
Building and Construction

Property Age: 65 Common Walls: 2+ Common Walls Structure Type: Quadruplex Year Built Source: Assessor Entry Level: 1 Entry Location: 1 Property Attached: Yes Levels or Stories: One Building Total Stories: 1

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
160 W Cascade, Rialto, CA, 92376	$1,190,000	9	5	3,608	3,608 SqFt

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ByOwner last updated this listing 06/06/2026 @ 03:31

MLS: CV26106598 LISTED BY: Eric Chen, CB RICHARD ELLIS 909-418-2000 SOURCE: CRMLS