
Rialto, California 92376
Analysis of 120 E South Street, Rialto, California 92376 is currently available with a list price of $569,900. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Rialto Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1957, this triplex is dated with only one of three units recently remodeled. The remaining two units require basic remodeling, and the exterior and roof-mounted HVAC systems show significant age, placing the overall condition in the Fair category.
With rents currently below market rates and two units requiring updates, there is significant potential to increase the property's capitalization rate and overall value through strategic improvements.
One of the three units has been fully remodeled with new cabinetry, flooring, and paint, providing a turnkey rental option and a clear template for future renovations.
The property features three dedicated carports and a spacious backyard for additional parking, a highly desirable amenity that enhances tenant retention and convenience.
Two units require basic remodeling to reach their full potential, necessitating immediate post-acquisition investment and management oversight.
Current rental income is not at market value, which may impact immediate cash-on-cash returns and financing debt-coverage ratios until lease adjustments are implemented.
North Rialto Triplex for sale, 3 attached units all 1 bedroom 1 bathroom. 1 unit has been fully remodeled, the others need some basic remodeling. new kitchen cabinets, flooring and paint. rents are low and not at the going rate. Back behind the units are 3 carports . Plenty of parking in back yard.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 8.0 |
| Baths | 0.0 | 4.0 |
| Square foot | 1,500 | 2,760 |
| Lot Size | 6,750 | 7,686 |
| Price | $569.9K | $843.3K |
| Price per sq ft | $380 | $308 |
| Built year | 1957 | 1961 |
| HOA | $0 | $0 |
| Days on market | 5 | 68 |
Sep 4, 2026
$569,900
Initial Listing
Dec 28, 2018
$310,000
Public Record