Multifamily Property for Sale in Rialto, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Rialto, CA 92376

Description

Marcus & Millichap is pleased to present the opportunity to acquire a modern, 2008-construction, 20-unit townhome-style multifamily community located at 1525 N Palm Avenue in Rialto, California. Totaling approximately 21,440 rentable square feet, the property features an attractive mix of six 2-bedroom / 2.5-bath units and fourteen 3-bedroom / 2.5-bath units floor plans that consistently appeal to families and working professionals seeking larger layouts, private entrances, and a residential living experience not typically found in traditional apartment buildings. The asset has been meticulously maintained and operates as a turnkey investment with minimal anticipated near-term capital expenditures. Built to condo-quality specifications, the property offers durable construction, modern design, and strong long-term operational efficiency. In-place rents remain slightly below market, providing immediate upside through natural turnover and light interior upgrades. Located within the high-growth Inland Empire, one of the fastest-expanding and most economically diverse regions in California, the property benefits from powerful multifamily fundamentals. The Riverside-San Bernardino MSA continues to experience strong absorption, historically low vacancy rates, and sustained demand from renters priced out of Los Angeles and Orange County. This dynamic positions 1525 N Palm Avenue to maintain high occupancy, competitive rent growth, and long-term appreciation. Investment Highlights: • Also Available For Sale: Neighboring 8Unit Asset (1520 N Palm Ave), Built With Identical Design and Vintage • 2008 Construction | Townhome Layout Built to Condo Specs • Central A/C & Heat, Washer & Dryer Hook-Ups, and Upgraded Kitchens W/ Granite Countertops • Each Units Includes an Attached Single Car Enclosed Garage and One Outdoor Parking Space • Attractive Unit Mix with Built-In Rent Upside • Located in the High-Growth Inland Empire Market

Market Context

This multifamily in Rialto, CA is listed for sale. It is offered at an approximate 4.8% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 53 days. Compare it against other multifamily listings for sale in Rialto, CA — <a href="/search/sale/multifamily/california/rialto">view the full market</a>.

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