427 W 3rd St

Rialto, CA 92376

$1,240,000
Last Sold Price
13
Beds
9
Baths
6,068 Sq. Ft.
$204 / Sq. Ft.
6,068
Sq. Ft.
$204
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 12/30/24
Closed 12/30/24
an aerial view of a house with a park

Description

The price for this incredible property has just been reduce, offering an even greater opportunity to own this Unique Investment Opportunity in Rialto! Welcome to this exceptional property, offering a unique blend of residential and investment potential. This detached single-family home features 5 bedrooms and 3 bathrooms with a detached two-car garage and a private backyard. Situated on a generous 21,855 sq ft lot, the property also includes six additional apartments at the back. Two of these units...The price for this incredible property has just been reduce, offering an even greater opportunity to own this Unique Investment Opportunity in Rialto! Welcome to this exceptional property, offering a unique blend of residential and investment potential. This detached single-family home features 5 bedrooms and 3 bathrooms with a detached two-car garage and a private backyard. Situated on a generous 21,855 sq ft lot, the property also includes six additional apartments at the back. Two of these units are 2-bedroom, 1-bathroom apartments, and the other four are 1-bedroom, 1-bathroom apartments. Each unit comes with an assigned parking space, ensuring convenience for all residents. Located within walking distance to downtown Rialto's shops and close to major freeways, this property offers both accessibility and privacy. It's the perfect investment for future owners looking to occupy the front house while generating rental income from the back units. Don't miss out on this unique home and investment opportunity in a prime Rialto location.
  1. Listed by Jennifer Mongee Coutinho • DRE #01368781 • Brokerage DRE #02062675 • COLDWELL BANKER LEADERS • 310-594-6921

Property Details for 427 West 3rd Street

View
None
Parking Spaces Total
10
Private Pool
No
Cooling Type
See Remarks
Total Units
7.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
6068
LISTING CLOSED: 12/30/2024 12:00 AM

Property Details for 427 West 3rd Street

StatusClosed
MLS #CV24149839
Days on Market134
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMixed Use
MLS TypeResidential Income
Year Built1963
Lot Size0.50 AC / 21,855 SF
CountySan Bernardino County
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Location

Listing Courtesy of COLDWELL BANKER LEADERS, Jennifer Mongee Coutinho, DRE #01368781

Sold By COLDWELL BANKER LEADERS, Jennifer Mongee Coutinho, DRE #01368781

Add your commute

Building Information for 427 West 3rd Street

Stories2Residences-Year Built1963Building Size-Lot Size0.50 AC / 21,855 SF

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage1

$7,512 per month

30 year fixed, 6.36% Interest

Principal and Interest

$6,179

Property Taxes

$1,333

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 427 West 3rd Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $107,472
  • Gross Scheduled Income: $107,472
  • Net Operating Income: $78,712
  • Financing: Cash
Expense Details
  • Operating Expense: $28,760
  • Insurance Expense: $8,400
  • Professional Management Expense: $300
  • Trash Expense: $582
  • Water Sewer Expense: $633
  • Total Expenses: $1,515
Tax / Assessment Info
  • Tax Tract Number: 2755
  • Tax Census Tract: 35.09
  • Tax Lot: 9
Community / Development
Community / Development
  • Accessibility Features: See Remarks
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Street Lights
Property / Structure Info
Interior Features
  • Room Type: All Bedrooms Down
  • Bedroom Features: All Bedrooms Down
  • Laundry: No
  • Laundry Features: None
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Cooling: See Remarks
  • Flooring Type: Carpet, Tile
  • Flooring: Carpet, Tile
Exterior Features
  • Roof: Rolled/Hot Mop, Shingle
  • Entry Location: front & back
  • Fence: Yes
  • Fence: Chain Link
  • Fencing: Chain Link
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Spa Features: None
Land/Lot Info
  • Lot Features: 6-10 Units/Acre
  • Number Of Units: 7
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: See Remarks
  • Electric: See Remarks
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Assigned, Driveway
  • Uncovered Spaces: 7
  • Open Other Spaces Total: 7
  • Parking Garage Spaces: 2
  • Carport Spaces: 1
  • Parking Features: Assigned, Driveway
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 5
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,080
  • Unit Type Total Rent: $1,080
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $900
  • Unit Type Total Rent: $900
  • Unit Type Pro Forma: 1500
  • 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: $1,475
  • Unit Type Total Rent: $1,475
  • Unit Type Pro Forma: 1700
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,100
  • Unit Type Total Rent: $1,100
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $945
  • Unit Type Total Rent: $945
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 6
Unit 7
  • 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: $1,296
  • Unit Type Total Rent: $1,296
  • Unit Type Pro Forma: 1700
  • Unit Type Type: 7
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1

Property History for 427 West 3rd Street

DateEvent & SourcePriceAppreciation
Dec 30, 2024

Sold

CRMLS #CV24149839

$1,240,000—
Dec 30, 2024

Sold

CLAW #CV24149839MR

$1,240,000—
Dec 27, 2024

Pending

CRMLS #CV24149839

—
DateEvent & SourcePrice
12/30/2024

Sold

CRMLS #CV24149839

$1,240,000
12/30/2024

Sold

CLAW #CV24149839MR

$1,240,000
12/27/2024

Pending

CRMLS #CV24149839

—

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

Public Records for 427 West 3rd Street

Taxable ValueLand$387,600Additions$877,200Total$1,264,800
Tax Record2025$15,990 ($1,333 / month)
Home Facts
Baths5Total Finished SqFt6,068 SqFtAbove Grade Finished SqFt6,068 SqFtLot Size21,855 SqFtStyleMulti-Family Res (5+ Units)Year Built1963Year Renovated1963CountySAN BERNARDINOAPN0130-082-06-0000

Schools near 427 West 3rd Street

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.

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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 COLDWELL BANKER LEADERS, Jennifer Mongee Coutinho, DRE #01368781

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.