595 W Shamrock Street, Rialto, California 92376, Rialto, 92376 - 0 bed, 0 bath
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Rialto, California 92376
This tri-plex represents a High-Potential Investment Opportunity, currently listed at a List Price of $699,000. With a Fair Market Value of $549,005, the property is priced above market, requiring a strategic approach to value-add renovations. Featuring a Fair Condition Rating and a versatile unit mix, this asset offers significant potential for rental income growth. The separate gas and electric metering minimizes operating expenses, making it a stable choice for Buy-and-Hold Investors or experienced landlords seeking to capitalize on high rental demand in Rialto.
Property is moderate renovation needed.
The property was built in 1971 (53 years old) and the listing lacks any mention of recent renovations to kitchens, bathrooms, or major systems like HVAC. The 'Drive-By Only' restriction and absence of interior photos typically indicate dated interior conditions that will require updates and minor repairs to meet modern standards, though the exterior appears functional.
The property features separate gas and electric meters for all three units, significantly reducing owner utility expenses and simplifying tenant billing.
With a combination of one 2-bedroom and two 1-bedroom units, the property offers a versatile rental configuration that appeals to a broad tenant base in a high-demand market.
Owner-paid utilities are limited to water and trash at an estimated $100 per month, allowing for a more favorable net operating income for investors.
The 'drive-by only' requirement prevents immediate interior inspections, posing a risk regarding the unknown physical condition and potential deferred maintenance of the units.
The reliance on a single water meter means the owner must absorb the cost of water usage for all tenants, which can lead to unpredictable monthly expenses.
Prime Tri-Plex Investment Opportunity – Drive-By OnlyExcellent investment opportunity in a desirable location with strong rental demand and outstanding income potential. This tri-plex consists of one 2-bedroom, 1-bath unit and two 1-bedroom, 1-bath units. The property features separate gas and electrical meters for each unit, with a total of three gas meters and three electrical meters. There is one water meter, and the owner currently pays water and trash, with expenses estimated at approximately $100 per month.This is an attractive opportunity for investors seeking steady cash flow and long-term growth in a high-demand rental market.Drive-by only. Please do not disturb occupants.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 2,090 | - |
| Lot Size | 7,200 | - |
| Price | $699.0K | $732.5K |
| Price per sq ft | $334 | $251 |
| Built year | 1971 | 0 |
| HOA | $0 | $0 |
| Days on market | 21 | 61 |
Jul 1, 2026
$699,000
Initial Listing
Aug 7, 2002
$110,000
Public Record
Jul 10, 2000
$83,000
Public Record