NOT LISTED FOR SALE

162 E 2nd St Rialto, CA 92376

Estimated Value: $730,000 - $889,306

4 Beds
4 Baths
2,400 Sq Ft
$343/Sq Ft Est. Value

Sale Details

Date Sold: January 6, 2022

Last sale price $773,000 $322 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,293 / mo

76 Days on Market

Highlights

  • Lawn
  • Tile Flooring
  • Wall Furnace
  • Cooling System Mounted To A Wall/Window
  • Landscaped

About This Home

As of January 2022

GREAT RIALTO LOCATION! This fourplex is in nice condition located in Downtown Rialto. Location is walking Distance to downtown main street Rialto (shops, restaurants). All 4 units are in good condition. Property features a privacy gate, individual meters for gas and electric, a storage shed, and 4 parking spaces behind the unit.

Last Agent to Sell the Property

Jonathan Galasso

SIERRA REALTY FONTANA INC License #01733180 Listed on: 09/21/2021

Co-Listed By

Ken Galasso

SIERRA REALTY FONTANA INC License #00570875

Last Buyer's Agent

Ivan Perez

REALTY WORLD CALIFORNIA PROPERTIES License #01438047

REALTY WORLD CALIFORNIA PROPERTIES

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 6,000 Sq Ft Lot
  • 1 Common Wall
  • Landscaped
  • Sprinkler System
  • Lawn

Home Design

  • Property Attached

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected
  • Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 23 / 1
  • Assessor Parcel Number 0130102260000
  • $766 per year additional tax assessments

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,000
  • Trash Expense $1,683
  • Water Sewer Expense $4,200
  • Operating Expense $7,883
  • Gross Income $3,720
  • Net Operating Income $36,757

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

6,000 Sq Ft Lot

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Water Sewer Expenses: 4200.00
  • Property Type: Residential Income
  • Parcel Number: 0130102260000
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 322.08

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Cooktop, Microwave, Refrigerator, Water Heater
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 1683.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Lawn, Sprinkler System
  • Lot Size Sq Ft: 6000.00
  • Lot Size Acres: 0.1377

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 3720.00
  • Gross Scheduled Income: 44640.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 6000.0000 Square Feet
  • Net Operating Income: 36757.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Drapes: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 7883.00
  • Rent Control: No
  • Total Actual Rent: 3720.00
  • Total Expenses: 7883.00

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 37.00
  • Tax Lot: 23
  • TaxOtherAnnualAssessmentAmount: 766.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2022
Sold by
Bought by
Current Estimated Value
$823,827

Purchase Details

Listed on
Sep 21, 2021
Closed on
Dec 7, 2021
Sold by
Bought by
Seller's Agent
Jonathan Galasso
SIERRA REALTY FONTANA INC
Buyer's Agent
Ivan Perez
REALTY WORLD CALIFORNIA PROPERTIES
List Price
$779,000
Sold Price
$773,000
Premium/Discount to List
-$6,000
-0.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.44%
Original Mortgage
$421,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 28, 2011
Closed on
Jan 11, 2012
Sold by
Bought by
Seller's Agent
Brett Bayless
Brett Bayless, Broker
List Price
$309,000
Sold Price
$279,000
Premium/Discount to List
-$30,000
-9.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.79%

Purchase Details

Closed on
Aug 26, 2011
Sold by
Bought by

Purchase Details

Closed on
Aug 4, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 13, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 20, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,200
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 3, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,223
Interest Rate
7.96%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 15, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
7.96%

Purchase Details

Closed on
Mar 17, 1999
Sold by
Bought by

Purchase Details

Closed on
Mar 12, 1999
Sold by
Bought by

Purchase Details

Closed on
Feb 19, 1998
Sold by
Bought by

Purchase Details

Closed on
Mar 11, 1997
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,518
Interest Rate
7.74%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 14, 1996
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,215
Interest Rate
8.2%
Mortgage Type
FHA

Purchase Details

Closed on
May 3, 1996
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,215
Interest Rate
8.2%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$773,000 First American Title
-- Provident Title Company
$279,000 Fidelity National Title
-- Fidelity National Title Co
$325,000 Ticor Title Co
-- Ticor Title Co
$196,000 Ticor Title Co
-- Ticor Title Co
$95,000 Benefit Land Title
$48,000 American Title
-- Landsafe Title
-- Landsafe Title
$124,167 Landsafe Title
$125,000 Commonwealth Land Title Co
$60,000 Stewart Title
$49,500 Stewart Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $421,000
Previous Owner $264,000
Previous Owner $260,000
Previous Owner $32,500
Previous Owner $137,200
Previous Owner $94,223
Previous Owner $81,000
Previous Owner $114,518
Previous Owner $55,215
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/06/2022 01/06/22 Sold $773,000 -0.8% $322 / Sq Ft
12/06/2021 12/06/21 Pending -- -- --
09/21/2021 09/21/21 For Sale $779,000 +179.2% $325 / Sq Ft
01/20/2012 01/20/12 Sold $279,000 -9.7% $116 / Sq Ft View Prior Sale
01/12/2012 01/12/12 Pending -- -- --
10/28/2011 10/28/11 For Sale $309,000 -- $129 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,219 $820,313 $159,181 $661,132
2024 $9,859 $804,229 $156,060 $648,169
2023 $10,518 $788,460 $153,000 $635,460
2022 $3,062 $236,722 $49,711 $187,011
2021 $3,043 $232,080 $48,736 $183,344
2020 $3,063 $229,700 $48,236 $181,464
2019 $2,994 $225,196 $47,290 $177,906
2018 $2,908 $220,781 $46,363 $174,418
2017 $2,887 $216,452 $45,454 $170,998
2016 $2,855 $212,208 $44,563 $167,645
2015 $2,867 $209,021 $43,894 $165,127
2014 $2,701 $204,926 $43,034 $161,892
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV21207454

California Regional Multiple Listing Service (CRMLS)

APN: 0130-102-26

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