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Sold for $1,000,000
  • Listing Provided by: LIGHTHOUSE REALTY ASSOC INC
    Bought with: LIGHTHOUSE REALTY ASSOC INC
    $1,000,000

    308 N Millard Ave #6, Rialto, CA 92376

    12beds
    6baths
    4,245sqft
    Multi Family
    Built in 1982
    -- sqft lot
    $1,593,000 Zestimate®
    $236/sqft
    $2,270 Estimated rent

    Home value

    $1,593,000

    $1.51M - $1.67M

    $2,270/mo

    Zestimate® history
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    What's special

    Private balconiesPrivate yards and balconiesAttractive gated curb appealTile flooringLow-maintenance exterior and landscapingSpacious enclosed private yardsAttractive outdoor living spaces
    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.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    KAREN URRUTIA DRE #01401508 909-906-0114,

    LIGHTHOUSE REALTY ASSOC INC

    Bought with:

    KAREN URRUTIA, DRE #01401508

    LIGHTHOUSE REALTY ASSOC INC

    Source: CRMLS,MLS#: IV26031683MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 6
    Appliances
    • Laundry: None
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 4,245
    • Total interior livable area: 4,245 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Garage
    • Garage spaces: 6
    Features
    • Levels: Multi/Split
    • Entry location: Front
    • Pool features: None
    Lot
    • Size: 0.29 Acres
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 0130081130000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1982

    Utilities & green energy

    • Sewer: Unknown
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Rialto

    Other

    Other facts
    • Listing terms: Cash,Conventional,1031 Exchange,Submit

    Price history

    DateEventPrice
    6/30/2026Sold$1,000,000-39.4%$236/sqft
    Source: CRMLS #IV26031683 Report a problem
    6/12/2026Pending sale$1,650,000$389/sqft
    Source: CRMLS #IV26031683 Report a problem
    5/14/2026Listed for sale$1,650,000$389/sqft
    Source: CRMLS #IV26031683 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 92376

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,593,000
    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
    $1,593,000