308 N Millard Ave, Unit 6

Rialto, CA 92376

$1,000,000
Last Sold Price
12
Beds
6
Baths
4,245 Sq. Ft.
$236 / Sq. Ft.
4,245
Sq. Ft.
$236
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 6/30/26
Closed 6/30/26

Description

Investor opportunity! Well-maintained 6-unit income property featuring a desirable unit mix of one duplex with private enclosed yards and one fourplex designed for strong rental appeal and long-term cash flow. All six units offer 2 bedrooms, 1 bathroom, tile flooring, wood cabinetry, and individual 1-car garages — a highly sought-after setup for tenants. The bottom units feature spacious enclosed private yards, while the upstairs units include private balconies, creating attractive outdoor living...Investor opportunity! Well-maintained 6-unit income property featuring a desirable unit mix of one duplex with private enclosed yards and one fourplex designed for strong rental appeal and long-term cash flow. All six units offer 2 bedrooms, 1 bathroom, tile flooring, wood cabinetry, and individual 1-car garages — a highly sought-after setup for tenants. The bottom units feature spacious enclosed private yards, while the upstairs units include private balconies, creating attractive outdoor living spaces that help maximize tenant retention. The property also includes an on-site community laundry facility for additional tenant convenience and potential ancillary income.   The property is gated for added privacy and security. Currently generating over $12,000 per month in gross rental income, this property offers investors immediate cash flow with separate gas and electric utilities for each unit, helping reduce owner expenses and simplify property management. The property also features low-maintenance landscaping and a functional layout designed for ease of ownership. The gated perimeter adds privacy and security, while the ample concrete driveway and garage configuration provide excellent parking accommodations. Centrally located with convenient access to schools, shopping, public transportation, and major commuter routes between the 10 and 210 freeways, this property sits in a high-demand rental corridor ideal for both seasoned and first-time investors. Additional highlights include:

Strong unit mix with all 2 bed / 1 bath units

Separate gas and electric utilities

Individual 1-car garages for every unit

Private yards and balconies

On-site laundry facility

Attractive gated curb appeal

Low-maintenance exterior and landscaping

Excellent commuter location

Consistent rental demand area

Potential upside in future rents

Pride-of-ownership style property

A rare opportunity to acquire a stabilized multi-unit asset with strong income, practical layouts, and long-term investment potential.
  1. Listed by KAREN URRUTIA • DRE #01401508 • Brokerage DRE #02036347 • LIGHTHOUSE REALTY ASSOC INC • 909-906-0114

Property Details for 308 North Millard Avenue, Unit 6

Parking Spaces Total
6
Private Pool
No
Total Units
6.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
4245
Assessor Parcel Number
0130-081-13-0000
Property Attached YN
true
LISTING CLOSED: 06/30/2026 12:00 AM

Property Details for 308 North Millard Avenue, Unit 6

StatusClosed
MLS #IV26031683
Days on Market27
Pet Policy-
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1982
CountySan Bernardino County
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of LIGHTHOUSE REALTY ASSOC INC, KAREN URRUTIA, DRE #01401508

Sold By LIGHTHOUSE REALTY ASSOC INC, KAREN URRUTIA, DRE #01401508

Add your commute

Building Information for 308 North Millard Avenue, Unit 6

Building/Complex308 N Millard AveFloor-Stories2Residences-Pet Policy-Pet Policy Details-Year Built1982Building Size-

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$4,983 per month

30 year fixed, 6.36% Interest

Principal and Interest

$4,983

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 308 North Millard Avenue, Unit 6

Income / Expense / Tax Details
Income Details
  • Gross Income: $1,400
  • Gross Scheduled Income: $145,200
  • Net Operating Income: $112,966
  • Laundry Income: $1,400
  • Financing: Seller Financing
Expense Details
  • Operating Expense: $32,234
  • New Taxes Expense: $12,422
  • Fuel Expense: $0
  • Licenses Expense: $136
  • Pest Control Expense: $1,140
  • Electric Expense: $0
  • Insurance Expense: $4,428
  • Maintenance Expense: $2,400
  • Professional Management Expense: $0
  • Other Expense: $984
  • Other Expense Description: Laundry
  • Trash Expense: $3,924
  • Water Sewer Expense: $6,600
  • Total Expenses: $32,034
Tax / Assessment Info
  • Tax Tract Number: 0035
  • Tax Lot: 1
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
  • Laundry Equipment Own Lease: Lease
Exterior Features
  • Entry Location: Front
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 6
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Multi/Split
  • Water: Public
  • Sewer: Unknown
  • Water Source: Public
Parking Info
  • Garage Spaces: 6
  • Parking Garage Spaces: 6
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 5
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 6
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,900
  • Unit Type Total Rent: $1,900
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,900
  • Unit Type Total Rent: $1,900
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,000
  • Unit Type Total Rent: $2,000
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 2
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,100
  • Unit Type Total Rent: $2,100
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 1
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: No
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Wall AC: 6

Property History for 308 North Millard Avenue, Unit 6

DateEvent & SourcePriceAppreciation
Jun 30, 2026

Sold

CRMLS #IV26031683

$1,000,000—
Jun 30, 2026

Sold

CLAW #IV26031683MR

$1,000,000—
Jun 12, 2026

Pending

CRMLS #IV26031683

—
DateEvent & SourcePrice
06/30/2026

Sold

CRMLS #IV26031683

$1,000,000
06/30/2026

Sold

CLAW #IV26031683MR

$1,000,000
06/12/2026

Pending

CRMLS #IV26031683

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 308 North Millard Avenue, Unit 6

This home is within Rialto Unified School District.
Rating
School
Type
Grades
Distance
Charlotte N. Werner Elementary School
Public - K to 5
Rialto Middle School
Public - 6 to 8
Eisenhower Senior High School
Public - 9 to 12
Milor Continuation High School
Public - 9 to 12
Rating
School
Distance
Charlotte N. Werner Elementary School
PublicK to 5

Rialto Middle School
Public6 to 8

Eisenhower Senior High School
Public9 to 12

Milor Continuation High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of LIGHTHOUSE REALTY ASSOC INC, KAREN URRUTIA, DRE #01401508

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.