Leave a Message

Thank you for your message. We will be in touch with you shortly.

308 N Millard 6
Listed by KAREN URRUTIA CA DRE# 01401508 with LIGHTHOUSE REALTY ASSOC INC 909-906-0114
$1,000,000

308 N Millard 6

4,245 Sq.Ft. 0.29 Acres

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 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.

Share Property

Location

308 N Millard 6, Rialto, CA 92376

Status

Sold

Date Sold

June 30, 2026
Karen Urrutia, MBA

Karen Urrutia, MBA

TITLE

REALTOR®

Property Amenities

Interior
Laundry room None
Area & Lot
Total area 4,245 Sq.Ft.
Lot Area 0.29 Acres
Living area 4,245 Sq.Ft.
MLS® ID IV26031683
Year Built 1982
Type Condo
Status Sold
Exterior
Stories 2
Pool None
Water Source Public
Garage Space 6.0
Sewer Unknown
Lot Features 0-1 Unit/Acre
Finance
Sales Price $1,000,000
Maintenance Fee $2,400 monthly

Work With Us

Explore rewarding opportunities to work with Lighthouse Realty Assoc Inc. - a leading real estate company in California. Start your journey to a prosperous career today!