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Townhouse Style Apartment 228 N Orange Ave 5 Unit Apartment Building $2,200,000 ($440,000/Unit) Rialto, CA 92376
Executive Summary
Newer Built 5-Unit Townhouse Style Apartment in Rialto Exceptional investment opportunity! This newer built 5-unit townhome-style apartment complex is conveniently located within walking distance to downtown Rialto and just minutes from freeway access. Each spacious unit features 3 bedrooms and 2.5 baths, a 2-car attached garage with direct access, and in-unit laundry on the second level for added convenience. Designed with quality in mind, the property showcases tile roofing, private balconies off the master bedrooms, and a modern layout perfect for today’s renters. A great turnkey property in a high-demand rental area—ideal for investors seeking stable income and long-term growth potential. Rent are way under market. 2 of the units are currently used as Airbnb. And another unit will be vacated by end of October. A lot of upside!
Financial Summary (Pro Forma - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $2,200,000 | Building Class | B |
| Price Per Unit | $440,000 | Lot Size | 0.31 AC |
| Sale Type | Investment | Building Size | 6,225 SF |
| Sale Condition | 1031 Exchange | No. Stories | 2 |
| No. Units | 5 | Year Built | 2017 |
| Property Type | Multifamily | Parking Ratio | 0.8/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Townhome | ||
| Zoning | MFR - multiple-family residential | ||
| Price | $2,200,000 |
| Price Per Unit | $440,000 |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 0.31 AC |
| Building Size | 6,225 SF |
| No. Stories | 2 |
| Year Built | 2017 |
| Parking Ratio | 0.8/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | MFR - multiple-family residential |
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Heating
- Tile Floors
- Eat-in Kitchen
- Kitchen
- Granite Countertops
- Tub/Shower
- Deck
- Dining Room
- Double Pane Windows
- Large Bedrooms
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
1 1
Fairly walkable
50/100
Very drivable
80/100
Good public transit
60/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 0130-092-27 | Total Assessment | $1,457,676 |
| Land Assessment | $198,680 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $1,258,996 | Tax Year | 2025 |
Property Taxes
Parcel Number
0130-092-27
Land Assessment
$198,680
Improvements Assessment
$1,258,996
Total Assessment
$1,457,676
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Townhouse Style Apartment | 228 N Orange Ave
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