NOT LISTED FOR SALE

1080 N Clifford Ave Rialto, CA 92376

Estimated Value: $1,072,000 - $1,119,000

9 Beds
5 Baths
3,708 Sq Ft
$295/Sq Ft Est. Value

Last Sold July 02, 2019

Last sale price $670,000 $181 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $6,524/month

49 Days on Market

Highlights

  • Laundry Room
  • Central Heating and Cooling System
  • Wrought Iron Fence

About This Home

As of July 2019

Great Investment Opportunity. This is a fourplex centrally located in the city of Rialto. Each unit has a dedicated parking garage, central heat and air, gas and electric meters. In addition to the garages, there is plenty of parking in the property. Property also has a coin laundry on site for additional income. Units (1)Three bedroom and two baths with a large private yard located downstairs; (3)Two bedrooms and one bath.
Property priced aggressively to sell quickly.

Last Agent to Sell the Property

Araceli Madrid

RE/MAX New Dimension License #01417933 Listed on: 03/19/2019

RE/MAX New Dimension

Last Buyer's Agent

Erica Moussa

RE/MAX TOP PRODUCERS License #01751549

RE/MAX TOP PRODUCERS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,817

Year Built

  • Built in 1979

Lot Details

  • 10,000 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Chain Link Fence
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Single Garage Door

Interior Spaces

  • 3,708 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 9903
  • Tax Tract Number 52
  • Assessor Parcel Number 0127351140000

Community Details

Building Details

  • 3 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $455
  • Fuel Expense $380
  • Gardener Expense $600
  • Insurance Expense $1,100
  • Trash Expense $1,800
  • Water Sewer Expense $3,360
  • New Taxes Expense $6,780
  • Operating Expense $14,475
  • Gross Income $43,200
  • Net Operating Income $28,775

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,817

Year Built

Built in 1979

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 3360.00
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 0127351140000
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Living Room
  • Price Per Square Foot: 180.69

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link, Wrought Iron
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area, Outside
  • Sewer: Public Sewer
  • Trash Expense: 1800.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 10000.00
  • Lot Size Acres: 0.2296
  • Latitude Manual: 34.11843200

Multi Family

  • Electric Expense: 455.00
  • Fuel Expense: 380.00
  • Gross Income: 43200.00
  • Gross Scheduled Income: 57000.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 10000.0000 Square Feet
  • Net Operating Income: 28775.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Operating Expense: 14475.00
  • Rent Control: No
  • Total Actual Rent: 3600.00
  • Total Expenses: 14475.00

Tax Info

  • New Taxes Expense: 6780.00
  • Tax Census Tract: 35.05
  • Tax Lot: 9903
  • Tax Tract Number: 52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2022
Sold by
Moussa Sabry A
Bought by
Moussa Family Trust
Current Estimated Value
$1,095,251

Purchase Details

Listed on
Mar 19, 2019
Closed on
Jul 1, 2019
Sold by
Burgos Alipio
Bought by
Burgos Felicita
Seller's Agent
Araceli Madrid
RE/MAX New Dimension
Buyer's Agent
Erica Moussa
RE/MAX TOP PRODUCERS
List Price
$675,000
Sold Price
$670,000
Premium/Discount to List
-$5,000
-0.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.11%
Original Mortgage
$468,900
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 19, 2019
Closed on
Jun 27, 2019
Sold by
Burgos Carminia and Burgos Felicita
Bought by
Moussa Sabry A and Moussa Fardous B
Seller's Agent
Araceli Madrid
RE/MAX New Dimension
Buyer's Agent
Erica Moussa
RE/MAX TOP PRODUCERS
List Price
$675,000
Sold Price
$670,000
Premium/Discount to List
-$5,000
-0.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,900
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2018
Sold by
Burgos Carminia
Bought by
Burgos Carminia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.54%

Purchase Details

Listed on
Mar 1, 2017
Closed on
Apr 6, 2017
Sold by
Tan Siang S and Tan San K
Bought by
Burgos Carminia
Seller's Agent
Marisol Gonzalez
Re/Max Time Realty
Buyer's Agent
Araceli Madrid
RE/MAX New Dimension
List Price
$577,000
Sold Price
$542,000
Premium/Discount to List
-$35,000
-6.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.68%
Original Mortgage
$406,500
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2005
Sold by
Diaz Carlos
Bought by
Tan Siang S and Tan San K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
3.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 4, 2004
Sold by
Diaz Carlos and Alvarez Maira
Bought by
Diaz Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2001
Sold by
Saavedra Carlota
Bought by
Saavedra Alfonso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,110
Interest Rate
6.73%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 12, 2001
Sold by
Saavedra Alfonso
Bought by
Diaz Carlos and Alvarez Maira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,110
Interest Rate
6.73%
Mortgage Type
FHA

Purchase Details

Closed on
May 17, 1996
Sold by
Taylor Jan Derek
Bought by
Saavedra Alfonso and Saavedra Carlota

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,370
Interest Rate
8.01%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Moussa Family Trust -- None Listed On Document
Burgos Felicita -- Old Republic Title Company
Moussa Sabry A $670,000 Old Republic Title Company
Burgos Carminia -- --
Burgos Carminia -- Spl Title Services
Tan Siang S $540,000 Ticor Title Company
Diaz Carlos -- South Coast Title
Saavedra Alfonso -- Stewart Title Company
Diaz Carlos $187,000 Stewart Title
Saavedra Alfonso $149,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moussa Sabry A $468,900
Previous Owner Burgos Carminia --
Previous Owner Burgos Carminia $406,500
Previous Owner Tan Siang S $432,000
Previous Owner Diaz Carlos $210,000
Previous Owner Diaz Carlos $184,110
Previous Owner Saavedra Alfonso $146,370
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/02/2019 07/02/19 Sold $670,000 -0.7% $181 / Sq Ft
05/07/2019 05/07/19 Pending -- -- --
04/23/2019 04/23/19 For Sale $675,000 0.0% $182 / Sq Ft
03/25/2019 03/25/19 Pending -- -- --
03/19/2019 03/19/19 For Sale $675,000 +24.5% $182 / Sq Ft
05/10/2017 05/10/17 Sold $542,000 -6.1% $144 / Sq Ft View Prior Sale
03/01/2017 03/01/17 For Sale $577,000 -- $153 / 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 $8,817 $732,744 $164,048 $568,696
2024 $8,817 $718,376 $160,831 $557,545
2023 $9,406 $704,290 $157,677 $546,613
2022 $8,732 $690,480 $154,585 $535,895
2021 $8,676 $676,941 $151,554 $525,387
2020 $8,734 $670,000 $150,000 $520,000
2019 $7,341 $563,897 $124,848 $439,049
2018 $7,127 $552,840 $122,400 $430,440
2017 $6,919 $530,000 $100,000 $430,000
2016 $6,069 $460,000 $85,000 $375,000
2015 $6,186 $460,000 $85,000 $375,000
2014 $4,856 $375,000 $75,000 $300,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19062606

California Regional Multiple Listing Service (CRMLS)

APN: 0127-351-14