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$1,000,000
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Property 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.
Full Property Details
Full Property Details for 308 N Millard
General
- Sold For: $1,000,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: IV26031683
- Added to Site: 73 day(s) ago
Rooms
Other Rooms
- Laundry: None
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 6
Location
- Area: 272 - Rialto
- County: San Bernardino
- Development Name: 272 - Rialto
- Driving Directions: CA-210 W to N Riverside Ave Take N Willow Ave to N Millard Ave.
Utilities
- Water: Public
- # Water Meters: 1
- # Gas Meters: 6
- # Electric Meters: 6
Structural Information
- Entry Location: Front
- Stories/Levels: Multi/Split
- Stories Description: Multi/Split
- Square Feet: 4,245
- Year Built: 1982
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 5
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 6
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.286
- Lot Size Source: Assessor
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $235.57
- Price Per Unit: 275000
Disclosures and Reports
- Exclusions: Tenants appliances
Listed and Sold by Lighthouse Realty Assoc Inc, KAREN URRUTIA
Get Pre-Approved Today
Schools
Schools serving 308 N Millard
School District:Rialto Unified School District
| Name | Grades | Distance |
|---|---|---|
Charlotte N. Werner Elementary School 1050 West Rialto Avenue, Rialto, CA 92376 | K-5 | 0.8 mi |
Rialto Middle School 1262 West Rialto Avenue, Rialto, CA 92376 | 6-8 | 1 mi |
Eisenhower Senior High School 1321 North Lilac Avenue, Rialto, CA 92376 | 9-12 | 1.2 mi |
Rialto High School 595 South Eucalyptus Avenue, Rialto, CA 92376 | 9-12 | 1.6 mi |
Wilmer Amina Carter High School 2630 North Linden Avenue, Rialto, CA 92377 | 9-12 | 3.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 308 N Millard
Date
Details
Price
Change
Source
6/30/2026
Sold
$1,000,000
-39.39%
MLS
5/14/2026
Listed
$1,650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
308 N Millard, Rialto, CA 92376 (MLS# IV26031683) is a Multi-Family property that was sold at $1,000,000 on June 30, 2026. Want to learn more about 308 N Millard? Do you have questions about finding other Multi-Family real estate for sale in Rialto? You can browse all Rialto real estate or contact a Coldwell Banker agent to request more information.

