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Sold for $12,250,000
  • Listed by: CB RICHARD ELLIS • Eric Chen • Contact: 626-757-5717
    Bought with: CB RICHARD ELLIS
    $12,250,000

    1531 W Rialto Ave, Fontana, CA 92335

    96beds
    50baths
    42,978sqft
    Multi Family
    Built in 1985
    -- sqft lot
    $12,225,100 Zestimate®
    $285/sqft
    $2,754 Estimated rent

    Home value

    $12,225,100

    $11.12M - $13.45M

    $2,754/mo

    Zestimate® history
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    $81,102/mo

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    What's special

    We are pleased to present the prime investment opportunity to acquire Cambria Villa Apartments, located at 1531 W Rialto Ave in Rialto, California. This 50-unit community is situated on approximately ±103,672 square feet of land with a total building area of ±42,978 square feet, the property provides a low-density living environment that is increasingly rare in the region. The asset is strategically located near major transportation arteries, providing residents with seamless connectivity to Interstate 10, Interstate 15, and State Route 210, effectively linking the property to the broader Inland Empire and Greater Los Angeles employment markets. Cambria Villa Apartments consists of a balanced mix of one-bedroom and two-bedroom floor plans that cater to the area’s diverse renter demographic. Built in 1985, the residences have been thoughtfully maintained and feature sophisticated interior finishes including granite countertops and neutral-colored ceramic tile flooring. The upper-level units offer an enhanced sense of space with cathedral-style ceilings and dual sliding glass doors that lead to expansive private patios or balconies. Each apartment home is designed for modern convenience, featuring efficient galley-style kitchens equipped with a full appliance package—including dishwashers and built-in microwaves—as well as central air conditioning and heating. The gated community further distinguishes itself with a robust amenity suite, including a swimming pool with outdoor seating, a landscaped courtyard with a picnic area, covered private garages for parking or storage, and ample surface parking for guests and residents. Positioned near key retail and dining, 1531 W Rialto Ave is perfectly situated to capture the high demand for quality rental housing in this high-growth logistics corridor. This offering presents a rare opportunity to acquire a stabilized, income-producing asset in one of the nation’s most resilient rental markets. Whether for a 1031 exchange buyer, first time buyer, or a seasoned investor, this property provides long-term stability and significant growth potential underpinned by strong economic and demographic fundamentals.

    Zillow last checked:

    Listing updated:

    Listed by:

    Eric Chen 626-757-5717,

    CB RICHARD ELLIS

    Bought with:

    Eric Chen, DRE #01489184

    CB RICHARD ELLIS

    Source: CRMLS,MLS#: CV26020664MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 96
    • Bathrooms: 50
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 42,978
    • Total interior livable area: 42,978 sqft

    Property

    Parking
    • Total spaces: 89
    • Parking features: Garage
    • Garage spaces: 52
    • Uncovered spaces: 37
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: Community, In Ground, Salt Water
    • Spa features: None
    Lot
    • Size: 2.38 Acres
    • Features: Lot Over 40000 Sqft
    Details
    • Parcel number: 0246201090000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1985

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs, Sidewalks, Pool
    Location
    • Region: Fontana

    Financial & listing details

    • Price per square foot: $285/sqft
    • Date on market: 1/28/2026
    • Cumulative days on market: 50 days
    • Listing terms: Cash,Cash to New Loan
    • Total actual rent: 1208340

    Price history

    DateEventPrice
    9/7/2026Listing removed--
    Source: Zillow Rentals Report a problem
    9/4/2026Listed for rent--
    Source: Zillow Rentals Report a problem
    8/1/2026Listing removed--
    Source: Zillow Rentals Report a problem
    7/31/2026Listed for rent--
    Source: Zillow Rentals Report a problem
    7/17/2026Sold$12,250,000-12.5%$285/sqft
    Source: CRMLS #CV26020664 Report a problem
    5/11/2026Pending sale$14,000,000$326/sqft
    Source: CRMLS #CV26020664 Report a problem
    3/20/2026Contingent$14,000,000$326/sqft
    Source: CRMLS #CV26020664 Report a problem
    1/29/2026Listed for sale$14,000,000$326/sqft
    Source: CRMLS #CV26020664 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 92335

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $12,225,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $12,225,100