D
Seller's Agent in 2017
David Lin
MARCUS & MILLICHAP
165 E Jackson St Rialto, CA 92376
Estimated Value: $1,077,114 - $1,204,000
7
Beds
4
Baths
4,442
Sq Ft
$253/Sq Ft
Est. Value
Highlights
- No HOA
- Tile Flooring
- Central Heating and Cooling System
- Laundry Room
About This Home
As of May 2017The subject property is located at 165 Jackson Street in the city of Rialto, California. The adjacent property 177 Jackson Street maybe be purchased together as a portfolio. The property is comprised of four buildings with 8 spacious units. Both of the 3/2 and 2/1.5 units are townhouse style with private enclosed patios. There is one 2/1 unit above the garage. The building offers 4 one car garage with 3 open parking space and plenty of street parking for tenants. All units are individually metered for gas and electricity. Each unit is equipped with central A/C and heat, newer windows, ample closet storage, electric stove range, dishwasher and tile flooring in select units. The building is conveniently located within a short drive from Interstate 210, 215, 10, 15 and Rialto Metrolink Station. Tenants enjoy close proximity to Eisenhower High School as well as many local restaurants and shops along Baseline Road. Baseline Road is approximately 0.6 miles away from the subject property and has a traffic count of over 53,022 cars per day. Within a short 15 minute walk tenants have access to Superior Market, Wal-Mart Neighborhood Market, Stater Brothers Market, 99 Cent Store, Subway, Sizzler, Walgreens, Dollar Tree, Big Lots, Bank of America and McDonald's.
Last Agent to Sell the Property
David Lin
MARCUS & MILLICHAP License #01894476 Listed on: 02/21/2017
Last Buyer's Agent
LOUIE FUNG
VP FINANCIAL & INVESTMENT
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,070
Year Built
- Built in 1978
Lot Details
- 7,405 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Parking
- 3 Open Parking Spaces
- 4 Car Garage
Home Design
- Apartment
Interior Spaces
- 4,442 Sq Ft Home
- 2-Story Property
- Tile Flooring
- Laundry Room
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Bathrooms
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 28
- Tax Tract Number 7601
- Assessor Parcel Number 0127321260000
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
- Valley
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $498
- Gardener Expense $720
- Insurance Expense $1,333
- Maintenance Expense $1,385
- Supplies Expense $500
- Trash Expense $1,200
- Water Sewer Expense $4,478
- New Taxes Expense $9,071
- Operating Expense $20,384
- Gross Income $1,500
- Net Operating Income $25,335
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 21, 2017
Closed on
May 1, 2017
Sold by
Jaa Investments Llc
Bought by
Lau Alfred Chi Ming and Leung Lau Kit Ching
Seller's Agent
David Lin
MARCUS & MILLICHAP
Buyer's Agent
LOUIE FUNG
VP FINANCIAL & INVESTMENT
List Price
$590,000
Sold Price
$590,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$534,029
Avg. Annual Appreciation
7.76%
Original Mortgage
$413,000
Outstanding Balance
$343,837
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$780,192
Purchase Details
Listed on
Sep 19, 2014
Closed on
Jan 12, 2015
Sold by
Jrm Holdings Llc
Bought by
Jaa Investments Llc
Seller's Agent
JOSEPH PASSERINO
IPS COMMERCIAL CAPITAL
Buyer's Agent
Todd Chiriano
American Federal Properties
List Price
$535,000
Sold Price
$500,000
Premium/Discount to List
-$35,000
-6.54%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.36%
Original Mortgage
$175,000
Interest Rate
3.82%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Nov 11, 2010
Sold by
Haygood John
Bought by
Jrm Holdings Llc
Purchase Details
Closed on
Jun 4, 2009
Sold by
Haygood Melissa
Bought by
Haywood John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,800
Interest Rate
4.76%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 4, 2003
Sold by
Flores Martin
Bought by
Laris David
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 6, 2002
Sold by
Askari Syed H
Bought by
Flores Martin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
5.76%
Purchase Details
Closed on
Jul 19, 2001
Sold by
Simjee Cassim
Bought by
Askari Syed H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
11.25%
Purchase Details
Closed on
Dec 7, 1998
Sold by
Simjee Abdul
Bought by
Simjee Cassim
Purchase Details
Closed on
Dec 13, 1996
Sold by
Ruiz Manuel and Ruiz Maria
Bought by
World S & L Assn Fsla
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lau Alfred Chi Ming | $590,000 | Title 365 | |
| Jaa Investments Llc | $500,000 | First American Title Company | |
| Jrm Holdings Llc | -- | None Available | |
| Haywood John | -- | Priority Title Company | |
| Haygood John R | $374,000 | Priority Title Company | |
| Laris David | $350,000 | Orange Coast Title | |
| Flores Martin | $240,000 | Orange Coast Title | |
| Askari Syed H | $185,000 | First American Title | |
| Simjee Cassim | -- | Investors Title Guaranty Inc | |
| World S & L Assn Fsla | $75,000 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lau Alfred Chi Ming | $413,000 | |
| Previous Owner | Jaa Investments Llc | $175,000 | |
| Previous Owner | Haygood John R | $261,800 | |
| Previous Owner | Laris David | $280,000 | |
| Previous Owner | Flores Martin | $192,000 | |
| Previous Owner | Askari Syed H | $116,000 | |
| Closed | Askari Syed H | $29,000 | |
| Closed | Laris David | $35,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/15/2017 05/15/17 | Sold | $590,000 | 0.0% | $133 / Sq Ft | |
| 04/22/2017 04/22/17 | Pending | -- | -- | -- | |
| 02/21/2017 02/21/17 | For Sale | $590,000 | +18.0% | $133 / Sq Ft | |
| 01/16/2015 01/16/15 | Sold | $500,000 | -6.5% | $113 / Sq Ft | View Prior Sale |
| 01/08/2015 01/08/15 | Pending | -- | -- | -- | |
| 02/06/2014 02/06/14 | For Sale | $535,000 | -- | $120 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $8,247 | $684,746 | $139,270 | $545,476 |
| 2024 | $8,247 | $671,319 | $136,539 | $534,780 |
| 2023 | $8,797 | $658,156 | $133,862 | $524,294 |
| 2022 | $8,167 | $645,251 | $131,237 | $514,014 |
| 2021 | $8,115 | $632,599 | $128,664 | $503,935 |
| 2020 | $8,169 | $626,113 | $127,345 | $498,768 |
| 2019 | $7,982 | $613,836 | $124,848 | $488,988 |
| 2018 | $7,748 | $601,800 | $122,400 | $479,400 |
| 2017 | $6,761 | $517,778 | $103,556 | $414,222 |
| 2016 | $6,686 | $507,625 | $101,525 | $406,100 |
| 2015 | $4,896 | $362,441 | $58,630 | $303,811 |
| 2014 | $4,607 | $355,342 | $57,482 | $297,860 |
Source: Public Records
Agents Affiliated with this Home
-
-
L
Buyer's Agent in 2017
LOUIE FUNG
VP FINANCIAL & INVESTMENT
-
J
Seller's Agent in 2015
JOSEPH PASSERINO
IPS COMMERCIAL CAPITAL
-
Todd Chiriano
Buyer's Agent in 2015
Todd Chiriano
American Federal Properties
(909) 732-9994
5 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV17035999
APN: 0127-321-26
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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