$325,000
●
House -
Off Market
462 W Foothill Boulevard
Rialto, CA 92376
5 Beds
2 Baths
2,310 Ft²
$497,786
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model
About This Property
BACK ON THE MARKET....TWO FOR THE PRICE OF ONE....COMPLETELY
SEPARATED & FENCED..... ON THE CORNER OF FOOTHILL BLVD & LILAC
AVE... The FRONT HOUSE is 1510 sq feet with 3 LARGE BEDROOMS & 1
full bath, living room, large dining room, & cabinets with granite
counter top & separate laundry area with cabinets & granite counter
top..... THIS IS A SINGLE FAMILY RESIDENCE IN A COMMERCIAL
ZONE....
THE BACK UNIT IS approximately 800 sq ft with 2 bedrooms & 1 bath, covered patio, separate fenced yard & parking area. The back unit was built in 1964 by the previous owner & used as a upholstery shop garage/hobby room. The current owner finished it as a rental dwelling unit in 2003 WITHOUT PERMITS & rented continuously since that time.
HUGE BACK YARD IS COMPLETELY FENCED/PAVED, parking for about 10-15 vehicles. PROPERTY CAN BE USED AS A SINGLE FAMILY RESIDENCE OR BOTH UNITS USED AS COMMERCIAL.
ROOF IS NEWER, exterior & interior has just been painted. The flooring is ceramic tile in both structures. Property is in move in condition
THE BACK UNIT IS approximately 800 sq ft with 2 bedrooms & 1 bath, covered patio, separate fenced yard & parking area. The back unit was built in 1964 by the previous owner & used as a upholstery shop garage/hobby room. The current owner finished it as a rental dwelling unit in 2003 WITHOUT PERMITS & rented continuously since that time.
HUGE BACK YARD IS COMPLETELY FENCED/PAVED, parking for about 10-15 vehicles. PROPERTY CAN BE USED AS A SINGLE FAMILY RESIDENCE OR BOTH UNITS USED AS COMMERCIAL.
ROOF IS NEWER, exterior & interior has just been painted. The flooring is ceramic tile in both structures. Property is in move in condition
Unit Size
2,310 Ft²
Days on Market
157 days
Land Size
0.22 acres
Price per sqft
$142
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1914
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (CRMLS #IV18043625)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 31, 2018 | Sold | ||
| Sold | |||
| Feb 24, 2018 | Listed by 1% LISTING FEE | $329,000 | |
| Listed by 1% LISTING FEE | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Rialto
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Listed by: OSCAR GARCIA, 1% LISTING FEE
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IV18043625
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IV18043625
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