870 W Rialto Avenue

    Rialto, CA 92376
    • $2,695,000
    • STATUS: Active
    • ON SITE: 35 days
    • ID#: SR19167420
    UPDATED: 58 min ago
    $2,695,000
    • 0
      BEDS
    • 1.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 19,280
      SQFT
    • $140
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1987
    County:
    Area:

    School Ratings & Info

    Description

    <$140/SF Opportunity Zoned Investment 6.197% Pro Forma Cap Rate ($1/SF MG) With Auto. Multi-Tenant 100% Occupied & Over 1 Acre. Owner Motivated & Willing To Consider ALL Offers. Long-Term Tenants & Value-Add Possibilities. Roll-Up Doors In Back. Industrial/Retail Mixed-Use. Please See Rent Roll & Cap Rate Analysis Supplements As Leases May Be Renewed In Next 60 +/- Days To Achieve Pro Forma.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-08-20T15:35:36.673. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Z Team OC Real Estate | Keller Williams Realty. Licensed in the State of California, USA.
    www.homefinderorangecounty.com/homes/96907301

    870 W Rialto Avenue Rialto, CA 92376

    • Price: $2,695,000
    • Status: Active
    • Updated: 58 min ago
    • ID#: SR19167420
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.21
    Acres
    19,280
    SQFT
    $140
    $/SQFT
    1987
    Built
    Neighborhood:
    272 - Rialto
    County:
    San Bernardino
    Area:
    272 - Rialto
    Property Description
    <$140/SF Opportunity Zoned Investment 6.197% Pro Forma Cap Rate ($1/SF MG) With Auto. Multi-Tenant 100% Occupied & Over 1 Acre. Owner Motivated & Willing To Consider ALL Offers. Long-Term Tenants & Value-Add Possibilities. Roll-Up Doors In Back. Industrial/Retail Mixed-Use. Please See Rent Roll & Cap Rate Analysis Supplements As Leases May Be Renewed In Next 60 +/- Days To Achieve Pro Forma.
    Exterior Features

    Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Condo Area Units Square Feet Laundry Features None

    Property Features

    Accounting Type Proforma Additional Parcels YN No Advertising Expense 0.00 Asset Class IndustrialRetailSpecialty Building Area Units Square Feet Building Expenses 0.00 Building Status Existing Business Type Auto Repair-SpecialtyAuto Service Cap Rate 6.20 Country Us Effective Gross 222106 Electric Expense 504.50 Expense Year 2020 Gross Scheduled Income 231360.00 Insurance Expense 3000.00 Land Use IndustrialRetail Laundry Income 0.00 Laundry YN No Leasable Area Units Square Feet Legal Accounting Expense 0.00 Maintenance Expense 3633.00 Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 166966.30 Operating Expense 55109.30 Other Expense 0.00 Other Income1 0.00 Personal Property Amount 0 Professional Management Expense 0.00 Property Sub Type Industrial Real Estate Tax Expense 33687.50 Reserves Expense 0.00 Resident Manager Expense 0.00 Retail Center Type Mixed Use Special Listing Conditions Standard Supplies Expense 0.00 Tax Annual Amount 33687.50 Tax Rate 1.25 Tax Year 2020 Total Expenses 0.00 Trash Expense 8435.24 Vacancy Allowance 9254 Vacancy Allowance Rate 4.00 Water Sewer Expense 4169.06 Water Source Public

    Listing provided courtesy of Ryan Mcelveen of Ryan Mcelveen and Jerrold Tomeo of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-08-20T15:35:36.673. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Z Team OC Real Estate | Keller Williams Realty. Licensed in the State of California, USA.
     
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