412 W Ramona Dr, Rialto, CA

Name: 412 W Ramona Dr, For Sale in Rialto - eXp Realty
Brand: CB RICHARD ELLIS
SKU: CV26106757
Price: 975000 USD

House

For Sale

Listed price in listed location currency (USD).

$975,000

844

MLS® CV26106757

Key Facts
Description
Map

Key Facts

Type Quadruplex

Levels Residential

Size 2760 sqft

Garage

Taxes

Days Active 5

Lot Size

Approx. Age 1961

Avg. Price Per Sqft $353

MLS® Number CV26106757

Property Address: 412 W Ramona Dr, Rialto, CA, 92376-4942

Average square foot calculated using Size range provided by listing agent.

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.

MLS® NumberCV26106757

Laundry Level

Central VacNo

FireplaceYes

Acreage

Exterior

Garage

Approx. Age1961

Basement

Driveway

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

May 16, 2026List Date

$975,000List Price

Commute

Commute

Starting Address

Destination Address

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