
Rialto, California 92376
This Strategic Residential Income Duplex is a Strong Value Opportunity, listed at $650,000—positioned well below the $678,540 Fair Market Value by 4%. This valuation gap provides $28,540 in Instant Equity. Despite its historic origins, the property maintains a Condition Rating of 3 due to 2020 updates to the roof, plumbing, and electrical systems, alongside fresh interior cosmetics. Featuring a private patio and proximity to Margaret Todd Park, the vacant unit offers immediate "house hack" potential. This is an ideal acquisition for Owner-Occupants looking to build wealth or Buy-and-Hold Investors seeking stable rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 139 N Palm Avenue Subject | $650,000* List Price | 0 | 0 | 2,683 | $253 | - |
A 610 S Olive Avenue Sold | $720,000 | 5 | 4 | 2,728 | $264 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite its 1900 build date, the property is move-in ready with significant recent cosmetic updates including new flooring, fresh interior paint, and updated kitchen cabinetry and stainless steel appliances. The bathrooms feature modern vanities and clean tiling, and the overall interior presentation shows minimal wear and tear, meeting the criteria for a well-maintained, updated home.
The duplex configuration with one currently vacant unit allows for immediate owner-occupancy or the ability to secure a new tenant at current market rates while maintaining existing rental income.
Fresh interior paint and new flooring provide a clean, updated aesthetic that enhances the property's move-in readiness and reduces initial turnover costs for the owner.
Proximity to Margaret Todd Park, the Pacific Electric Bike Trail, and essential civic services makes this an attractive location for long-term tenants seeking convenience and recreation.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2683, other record living area = 2205.
Built in 1900, the structure may require specialized maintenance or costly upgrades to aging electrical, plumbing, and foundational systems typical of century-old buildings.
With a large 2,683 square foot building on a 7,000 square foot lot, there is relatively limited yard space and potential parking constraints for two separate households.
Spacious Rialto Duplex with Vacant Unit and Rental Income Opportunity Located in a well-established area of Rialto, this spacious duplex presents an excellent opportunity for both investors and owner-occupants. Offering a total of 5 bedrooms and 4 bathrooms across approximately 2,683 square feet, the property sits on a 7,000 square foot lot and provides flexibility for a variety of living or investment strategies. One side of the duplex is currently vacant, creating an immediate opportunity for a buyer to move in while generating rental income from the occupied unit. Recent improvements include fresh interior paint and new flooring, giving the property a clean and updated feel while leaving room for a new owner to add their own finishing touches over time. Major systems including plumbing, electrical, and roof were updated in 2020, adding long-term value and peace of mind. The layout allows for comfortable living spaces in each unit, making it well-suited for multi-generational living, an owner-occupied investment, or a long-term rental property. Conveniently located near Margaret Todd Park, the Rialto Police Department, the local post office, and the Pacific Electric Bike Trail, the property offers easy access to outdoor recreation, community amenities, and everyday conveniences. With one unit already producing income and the other ready for immediate occupancy, this duplex offers a practical and flexible opportunity in the Rialto market.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,683 | 2,683 | 50% |
| Lot Size | 7,000 | 8,276.4 | 29% |
| Price | $650.0K | $720.0K | 43% |
| Price per sq ft | $242 | $264 | 29% |
| Built year | 1900 | 1961 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 41 | 149 | 14% |
Mar 12, 2026
$650,000
Initial Listing
Feb 11, 2022
$690,000
Public Record
Aug 24, 2020
$485,000
Public Record
Oct 8, 2019
$235,000
Public Record