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About This Home
This 12-bedroom, 6-bathroom multi-family at 308 N Millard in Rialto, CA is listed for $1,650,000 ($389 per sqft). Built in 1982, the home offers 4,245 sqft of living space on a 0.29 acres lot.
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.
Key Features
- Built in 1982
- 0.29 acre lot
- 2 stories
- 6 parking spaces
Property Details
Monthly Cost Estimate
$8,825/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
308 N Millard
Rialto, CA 92376
Features & Amenities
Exterior Features
Questions & Answers
This 12-bedroom, 6-bathroom multi-family at 308 N Millard is listed at $1,650,000 ($389/sqft). The estimated monthly payment is $7,150 based on 20% down at 6.5% interest.
Key features include: Built in 1982, 0.29 acre lot, 2 stories, 6 parking spaces. Exterior Features: Community Features Included: Sidewalks, 0-1 Unit/Acre.
This property is listed by KAREN URRUTIA and can be reached at 9099060114 or LH.realtyassoc@gmail.com.


