$1,020,000
SOLD OCT 17, 2025

1031 N Lilac Ave Rialto, CA 92376

9 Beds
5 Baths
3,765 Sq Ft
0.28 Acres

Recently Sold

$271 Per Sq Ft

3% Below List Price

15 Days on Market

Highlights

  • No HOA
  • 4 Car Garage
  • Wall Furnace
  • Laundry Room

About This Home

As of October 2025

Incredible opportunity to build wealth and own four units in the fast growing city of Rialto. This four unit building consists of three two bedroom one bathroom units and one three bedroom two bathroom unit. There is off-street parking and garages conveniently located on the property. The property also has a shared laundry room with coin operated machines. Each unit is separately metered for electric and gas. Contact us today for more information!

Last Agent to Sell the Property

Adam Loria

Circle Real Estate Brokerage Phone: 310-974-2323 License #02034381 Listed on: 07/17/2025

Circle Real Estate

Last Buyer's Agent

WAI KWONG WONG

Real Brokerage Technologies License #02210569

Real Brokerage Technologies

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 0.28 Acre Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • 8 Open Parking Spaces
  • Parking Available
  • Assigned Parking

Home Design

  • Quadruplex
  • Entry on the 2nd floor

Interior Spaces

  • 3,765 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Additional Features

  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 21
  • Tax Tract Number 9903
  • Assessor Parcel Number 0127351650000
  • $1,000 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Operating Expense $60,350
  • Gross Income $1,200
  • Net Operating Income $60,350

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Zoning: R-3
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 0127351650000
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 2
  • Levels: Two
  • Price Per Square Foot: 270.92

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Garage
  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 12250.00
  • Lot Size Acres: 0.2812

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 1200.00
  • Gross Scheduled Income: 83340.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 1200.00
  • Lot Size Area: 12250.0000 Square Feet
  • Net Operating Income: 60350.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 22990.00
  • Rent Control: Yes
  • Total Expenses: 60350.00

Tax Info

  • Tax Census Tract: 35.05
  • Tax Lot: 21
  • Tax Tract Number: 9903
  • TaxOtherAnnualAssessmentAmount: 1000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2025
Closed on
Sep 9, 2025
Sold by
Ortega Rigoberto M and Ortega Refugio
Bought by
Lau Tsz Kwan
Seller's Agent
Adam Loria
Circle Real Estate
Buyer's Agent
WAI KWONG WONG
Real Brokerage Technologies
List Price
$1,050,000
Sold Price
$1,020,000
Premium/Discount to List
-$30,000
-2.86%
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.14%
Original Mortgage
$714,000
Outstanding Balance
$713,415
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$356,677

Purchase Details

Closed on
Apr 12, 2018
Sold by
Ortega Rigobeto M and Ortega Refugio S
Bought by
Ortega Rigoberto M and Ortega Refugio S

Purchase Details

Closed on
Aug 30, 2010
Sold by
Yeo Grace
Bought by
Ortega Rigoberto and Ortega Refugio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2010
Sold by
Nolasco Linda
Bought by
Yeo Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 10, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Nolasco Linda and Pony Express Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 18, 2010
Sold by
Chavez Marco
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Oct 16, 2003
Sold by
Banuelos Jesus and Banuelos Maria R
Bought by
Chavez Marco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,500
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 2001
Sold by
Aceves Reinalda and Enriquez Levin Rene
Bought by
Banuelos Jesus and Banuelos Maria R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,219
Interest Rate
6.57%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 20, 2000
Sold by
Aceves Reinalda
Bought by
Aceves Reinalda and Enriquez Levin Rene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,227
Interest Rate
7.98%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 23, 1996
Sold by
Sanchez Hector
Bought by
Rene Aceves Reinalda and Rene Enrique Levin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,929
Interest Rate
8.42%
Mortgage Type
FHA

Purchase Details

Closed on
May 20, 1996
Sold by
Federal National Mortgage Association
Bought by
Sanchez Hector

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
8.03%

Purchase Details

Closed on
Apr 19, 1996
Sold by
American Svgs Bank Fa
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
8.03%

Purchase Details

Closed on
Feb 22, 1996
Sold by
Katekaru Carmen
Bought by
American Svgs Bank Fa

Purchase Details

Closed on
Sep 16, 1995
Sold by
Rodriguez Alvarez Jose Antonio and Rodriguez Flores Carmen
Bought by
Katekaru Carmen

Purchase Details

Closed on
Jul 14, 1994
Sold by
Katekaru Carmen
Bought by
Alvarez Jose Antonio and Rodrigues Carmen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,020,000 Chicago Title
Interfamily Deed Transfer -- None Available
Grant Deed $360,000 Stewart Title Company
Grant Deed $205,000 Chicago Title Company
Grant Deed $205,000 Chicago Title Company
Trustee Deed $172,359 Old Republic
Grant Deed $365,000 Commonwealth Land Title Glen
Interfamily Deed Transfer -- Commonwealth Land Title Glen
Grant Deed $180,000 Gateway Title Company
Interfamily Deed Transfer -- Orange Coast Title
Grant Deed $130,000 Continental Lawyers Title Co
Grant Deed $54,000 Continental Lawyers Title Co
Grant Deed -- Continental Lawyers Title Co
Trustee Deed $68,000 Orange Coast Title
Gift Deed -- --
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $714,000 New Conventional
Previous Owner $249,000 New Conventional
Previous Owner $130,000 Purchase Money Mortgage
Previous Owner $328,500 Purchase Money Mortgage
Previous Owner $177,219 FHA
Previous Owner $126,227 FHA
Previous Owner $128,929 FHA
Previous Owner $40,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2025 10/17/25 Sold $1,020,000 -2.9% $271 / Sq Ft
08/01/2025 08/01/25 Pending -- -- --
07/17/2025 07/17/25 For Sale $1,050,000 -- $279 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,208 $429,194 $94,166 $335,028
2024 $5,208 $420,779 $92,320 $328,459
2023 $5,553 $412,529 $90,510 $322,019
2022 $5,158 $404,440 $88,735 $315,705
2021 $5,125 $396,510 $86,995 $309,515
2020 $5,159 $392,444 $86,103 $306,341
2019 $5,042 $384,749 $84,415 $300,334
2018 $4,896 $377,205 $82,760 $294,445
2017 $4,859 $369,809 $81,137 $288,672
2016 $4,805 $362,558 $79,546 $283,012
2015 $4,826 $357,112 $78,351 $278,761
2014 $4,541 $350,116 $76,816 $273,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25160858

California Regional Multiple Listing Service (CRMLS)

APN: 0127-351-65