Realkey.ai
RealKey
‪(213) 433-7766‬

230 N Millard, Rialto, California 92376, Rialto, 92376 - bed, bath

230 N Millard, Rialto, California 92376 home-pic-0
ACTIVE$575,000$1,196/sqft
230 N Millard, Rialto, California 92376
0Bed
0Bath
1,196Sqft
10,025Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Remodeled & Updated Units: The duplex has been beautifully remodeled with fresh interior/exterior paint, new carpet, dual-pane windows, and efficient mini-split heating & cooling systems, ensuring modern comfort and reduced immediate maintenance.
Top Cons:
Age of Original Structure: Built in 1961, while remodeled, the underlying older structure may present potential for unforeseen maintenance issues related to original plumbing, electrical, or foundation over time.

Compared to the nearby listings

Price:$575.0K vs avg $1.02M ($-445,000)22%
Size:1,196 sqft vs avg 3,640 sqft11%
Price/sqft:$481 vs avg $28689%

More Insights

Built in 1961 (65 years old).
Condition: Built in 1961, this duplex has undergone a significant recent remodel, including fresh interior/exterior paint, brand-new carpet, new dual-pane windows, and efficient mini-split heating & cooling systems. The kitchen features new white shaker cabinets and a mosaic tile backsplash, making it functional and updated, though it lacks visible appliances and has older-style floor tile and light fixtures. The bathroom is clean and functional but basic. These updates make the property move-in ready with no immediate renovation required, aligning with the 'Good' condition criteria for a property extensively renovated within the last 5-15 years.
Year Built
1961
Close
-
List price
$575K
Original List price
$575K
Price/Sqft
$481
HOA
-
Days on market
-
Sold On
-
MLS number
IV26002365
Home ConditionGood
Features
Patio
View-

About this home

Welcome to this beautifully remodeled duplex offering immediate cash flow and exceptional long-term upside in one of Rialto’s most in-demand rental corridors. Each unit features 2 bedrooms and 1 bathroom, thoughtfully updated with fresh interior and exterior paint, brand-new carpet, new dual-pane windows throughout, and efficient mini-split heating & cooling systems for year-round comfort. Both units are light, bright, perfect for maximizing rental returns or owner-occupant flexibility. One unit is already tenant-occupied, providing instant income, ideal for owner-occupants looking to offset their mortgage or investors seeking immediate upside. Situated on an expansive 10,025 sq ft lot, this property offers rare future development and ADU expansion potential, making it an excellent value-add opportunity with long-term appreciation potential. Conveniently located near schools, shopping, dining, and easy freeway access, this duplex combines modern upgrades, strong income, and exceptional lot value, a rare find in today’s Rialto market. Live in one, rent the other, or add additional units and maximize your return. Opportunities like this don’t come often!

L
LINDA DEAQUINO
Listing Agent
Condition Rating
Good
Built in 1961, this duplex has undergone a significant recent remodel, including fresh interior/exterior paint, brand-new carpet, new dual-pane windows, and efficient mini-split heating & cooling systems. The kitchen features new white shaker cabinets and a mosaic tile backsplash, making it functional and updated, though it lacks visible appliances and has older-style floor tile and light fixtures. The bathroom is clean and functional but basic. These updates make the property move-in ready with no immediate renovation required, aligning with the 'Good' condition criteria for a property extensively renovated within the last 5-15 years.
Pros & Cons

Pros

Remodeled & Updated Units: The duplex has been beautifully remodeled with fresh interior/exterior paint, new carpet, dual-pane windows, and efficient mini-split heating & cooling systems, ensuring modern comfort and reduced immediate maintenance.
Immediate Cash Flow & Income: One unit is already tenant-occupied, providing instant rental income and making it an attractive option for investors or owner-occupants looking to offset mortgage costs.
Expansive Lot & Development Potential: Situated on a large 10,025 sq ft lot, the property offers rare future development and ADU expansion potential, presenting significant long-term value-add and appreciation opportunities.
Versatile Investment Opportunity: The property offers flexibility for various buyers, allowing an owner to live in one unit and rent the other, or for an investor to maximize returns by adding additional units.
Desirable Location & Accessibility: Located in one of Rialto’s in-demand rental corridors, with convenient access to schools, shopping, dining, and major freeways, enhancing rental demand and property value.

Cons

Age of Original Structure: Built in 1961, while remodeled, the underlying older structure may present potential for unforeseen maintenance issues related to original plumbing, electrical, or foundation over time.
Compact Unit Sizes: With a total of 1196 sq ft for two 2-bedroom, 1-bathroom units, each unit is relatively small (~600 sq ft), which might limit appeal to some renters or impact future resale value compared to larger units.
Lack of Premium Amenities/Views: The property does not offer any premium amenities beyond the basic updates, nor does it boast scenic views, which could limit its top-tier rental potential or appreciation compared to properties with such features.
Browse Properties by State Browse housing market trends by state