308 North Millard Avenue

Off Market

308 North Millard Avenue

Rialto CA 92376

12460 sq. ft.

Multi-Family

Last sold for $1,000,000

KAREN URRUTIA, last sold this property on 30 June 2026 after 46 days on market.

Overview

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.

Features

8 bedrooms

4 bathrooms

12460 sq. ft. lot size

Multi-Family

Estimated Value

We need at least 3 similar 8 bedroom multi families sold in Rialto over the last 12 months.

Property history for 308 North Millard Avenue

2026

Sold

$1,000,000

30 Jun 2026 by KAREN URRUTIA, of Lighthouse Realty Assoc Inc

Happy sellers in Rialto

98%

98% of sellers in Rialto reported that their sale price either exceeded or met their price expectations.

Rialto stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Rialto over the last 12 months.

Local market activity for 8 bedroom multi families in Rialto

In the last 12 months, 1 eight-bedroom multi family similar to 308 North Millard Avenue, have been sold.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Rialto for a market analysis.

Ricardo Guerrero

(5 reviews)

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JOAQUIN GARCIA

at Realty ONE Group Empire | Hesperia

(29 reviews)

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Dalia Rhule

(40 reviews)

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CYNTHIA ASCENCIO

(11 reviews)

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Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Rialto

Ricardo Guerrero

Ricardo Guerrero is a recommended agent for Rialto. They have 1 local sale and collected 2 local reviews across the last 12 months.

5 (5 reviews)
2 Reviews in Rialto
1 Sale in Rialto

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JOAQUIN GARCIA

JOAQUIN GARCIA is a recommended agent for Rialto. They have 1 local sale and collected 2 local reviews across the last 12 months.

5 (29 reviews)
2 Reviews in Rialto
1 Sale in Rialto

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Dalia Rhule

Sellers who recommend Dalia Rhule have praised them for being local expert, responsive, dedicated, detail-oriented, great negotiation, clear communication, and reliable