412 W 3rd, Rialto, California 92376, Rialto, 92376 - 3 bed, 2 bath
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Rialto, California 92376
This property presents a High-Potential Investment Opportunity with a List Price of $525,000—positioned well above the $461,778 Fair Market Value by -13%. Featuring a Fair Condition Rating, this asset requires significant rehabilitation to address deferred maintenance and structural patchwork. However, the Multi-Generational Potential—including an apartment-style unit above the garage—offers unique rental income streams. This property is a value-add acquisition ideal for Buy-and-Hold Investors or Contractors capable of executing a comprehensive renovation to modernize the aging infrastructure.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 412 W 3rd Subject | $525,000* List Price | 3 | 2 | 1,568 | $311 | - |
A 555 W Morgan Sold | $420,000 | 3 | 2 | 1,484 | $283 | 0.6 mi |
B 140 W Grove Sold | $496,000 | 3 | 2 | 1,776 | $279 | 0.5 mi |
C 506 S Althea Sold | $600,000 | 3 | 2 | 1,647 | $364 | 0.9 mi |
D 201 W Rosewood Active Under Contract | $449,900 List Price | 3 | 1 | 1,272 | $354 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1955 (69 years old) with multiple additions over time, the property shows significant deferred maintenance including an overgrown yard and cracked driveway. The description of being 'built on through time' suggests a patchwork structure that likely requires a full rehab of kitchens, bathrooms, and systems to address potential safety or structural defects.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7370, living area = 1568.
The property features a unique apartment-style unit above the garage, making it an ideal setup for multi-family living or potential rental income generation.
Beyond the original footprint, the home includes a significant family room addition and a convenient enclosed walkway for direct garage access, maximizing functional square footage.
Built in 1955 with multiple additions over several decades, the property may require significant updates to its core systems to meet modern building standards.
The property is noted as having no views, which may limit its competitive edge compared to other residential listings in the Rialto area.
Opportunity to own a piece of Rialto History! This home has been built on through time. 3 bedrooms and 2 bathrooms. Plus an additional Family Room added to the side of the home. In addition, this home has a walkway built to enter the garage directly from the home, without going outside. Plus there is a built on Apartment style above the garage. Come see this property today! Multi gen, Multi Family.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,568 | 1,564 |
| Lot Size | 7,370 | 7,827 |
| Price | $525.0K | $603.0K |
| Price per sq ft | $335 | $370 |
| Built year | 1955 | 1985 |
| HOA | $0 | $195 |
| Days on market | 48 | 54 |
Jun 4, 2026
$525,000
Initial Listing