Contact Xavier Gomez
Contacting Xavier Gomez
  • All fields are required.
Schedule A Showing
Schedule a Showing.
  • All fields are required.
Check this box to Register with us:
1531 Rialto , Rialto, CA 92335
Priced at Only: $14,000,000
For more Information Call
Address: 1531 Rialto , Rialto, CA 92335
Request More Information
  • All fields are required.
  • MLS#: CV26020664 ( Apartment )
  • Street Address: 1531 Rialto
  • Viewed: 7
  • Price: $14,000,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1985
  • Bldg sqft: 0
  • Days On Market: 25
  • Additional Information
  • County: SAN BERNARDINO
  • City: Rialto
  • Zipcode: 92335
  • Provided by: CB RICHARD ELLIS
  • Contact: Eric Eric
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    We are pleased to present the prime investment opportunity to acquire Cambria Villa Apartments, located at 1531 W Rialto Ave in Rialto, California. This 50 unit community is situated on approximately 103,672 square feet of land with a total building area of 42,978 square feet, the property provides a low density living environment that is increasingly rare in the region. The asset is strategically located near major transportation arteries, providing residents with seamless connectivity to Interstate 10, Interstate 15, and State Route 210, effectively linking the property to the broader Inland Empire and Greater Los Angeles employment markets. Cambria Villa Apartments consists of a balanced mix of one bedroom and two bedroom floor plans that cater to the areas diverse renter demographic. Built in 1985, the residences have been thoughtfully maintained and feature sophisticated interior finishes including granite countertops and neutral colored ceramic tile flooring. The upper level units offer an enhanced sense of space with cathedral style ceilings and dual sliding glass doors that lead to expansive private patios or balconies. Each apartment home is designed for modern convenience, featuring efficient galley style kitchens equipped with a full appliance packageincluding dishwashers and built in microwavesas well as central air conditioning and heating. The gated community further distinguishes itself with a robust amenity suite, including a swimming pool with outdoor seating, a landscaped courtyard with a picnic area, covered private garages for parking or storage, and ample surface parking for guests and residents. Positioned near key retail and dining, 1531 W Rialto Ave is perfectly situated to capture the high demand for quality rental housing in this high growth logistics corridor. This offering presents a rare opportunity to acquire a stabilized, income producing asset in one of the nations most resilient rental markets. Whether for a 1031 exchange buyer, first time buyer, or a seasoned investor, this property provides long term stability and significant growth potential underpinned by strong economic and demographic fundamentals.
Features
Building Area Total
  1. 42978.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Cooling
  1. Central Air
Country
  1. US
Days On Market
  1. 25
Electric Expense
  1. 7251.00
Fuel Expense
  1. 1476.00
Garage Spaces
  1. 52.00
Gardner Expense
  1. 9100.00
Heating
  1. Central
Insurance Expense
  1. 42500.00
Laundry Features
  1. Common Area
Laundry Income
  1. 24000.00
Levels
  1. Two
Lot Features
  1. Lot Over 40000 Sqft
Netoperatingincome
  1. 729290.00
Newtaxesexpense
  1. 166722.00
Number Of Buildings
  1. 11
Number Of Separate Electric Meters
  1. 50
Number Of Separate Gas Meters
  1. 50
Otherexpense
  1. 12500.00
Otherexpensedescription
  1. Reserves
Otherincome1
  1. 840.00
Otherincome2
  1. 20957.00
Parcel Number
  1. 0246201090000
Pest Control Expense
  1. 2145.00
Pool Expense
  1. 4240.00
Pool Features
  1. Community
  2. In Ground
  3. Salt Water
Professionalmanagementexpense
  1. 111231.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 455549429:CRM
Spa Features
  1. None
Suppliesexpense
  1. 9931.00
Totalactualrent
  1. 1208340.00
Totalexpenses
  1. 498573.00
Trash Expense
  1. 26189.00
Uncovered Spaces
  1. 37.00
Vacancyallowance
  1. 37975
Water Sewer Expense
  1. 67187.00
Water Source
  1. Public
Year Built
  1. 1985
Year Built Source
  1. Assessor
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
Request More Information
  • All fields are required.