NOT LISTED FOR SALE

1663 W Wilson St Rialto, CA 92376

Estimated Value: $950,000 - $1,222,912

9 Beds
7 Baths
3,772 Sq Ft
$289/Sq Ft Est. Value

Last Sold May 03, 2019

Last sale price $750,000 $199 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $6,463/month

5 Days on Market

Highlights

  • Dual Staircase
  • Traditional Architecture
  • Double Pane Windows
  • Fireplace in Primary Bedroom
  • Granite Countertops
  • Laundry Room

About This Home

As of May 2019

PRIME Location Great INVESTMENT OPPORTUNITY fro 4 units apartment free standing building IN RIALTO NEIGHBORHOOD, CENTRALLY LOCATED! Long term over 10 Year+ tenant. This lovely well-maintained Quadruplex is fully occupied with recently upgraded kitchens, flooring, and paint. Roof is only 10 years old. There is a free-standing single family unit located in rear (3 bedroom and 2 bath)with private backyard. Two units have their own private rear courtyard, one has a deck. Each unit has HVAC and a separate garage. Three units are Section 8 approved. High cash flow and High CAP rate. Low maintenance and perfect for The first time investors or any kinds of investor!

Last Agent to Sell the Property

Lucy Scott

Visionaire Real Estate License #01328471 Listed on: 03/15/2019

Visionaire Real Estate

Last Buyer's Agent

David Chung

RE/Max Time License #01341967

RE/Max Time

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,829

Year Built

  • Built in 1986

Lot Details

  • 8,300 Sq Ft Lot
  • Two or More Common Walls
  • Masonry wall
  • Wood Fence
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • Traditional Architecture
  • Quadruplex
  • Slab Foundation
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,772 Sq Ft Home
  • Dual Staircase
  • Double Pane Windows
  • Sliding Doors
  • Family Room with Fireplace
  • Dining Room with Fireplace
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Granite Countertops
  • Laminate Countertops
  • Disposal
  • Fireplace in Kitchen

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Fireplace in Primary Bedroom
  • 7 Bathrooms
  • Fireplace in Bathroom

Accessible Home Design

  • Accessible Parking

Outdoor Features

  • Fireplace in Patio
  • Exterior Lighting

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 220 Volts
  • Water Not Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 54
  • Tax Tract Number 12141
  • Assessor Parcel Number 0246291540000

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Electric Expense $30
  • Fuel Expense $30
  • Gardener Expense $25
  • Insurance Expense $125
  • Trash Expense $200
  • Water Sewer Expense $400
  • Operating Expense $810
  • Net Operating Income $4,540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,829

Year Built

Built in 1986

Lot Details

0

Parking

4

Listing Details

  • CapRate: 7.40
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 400.00
  • Architectural Style: Traditional
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 25.00
  • Parcel Number: 0246291540000
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: 2 Staircases, Granite Counters, Laminate Counters
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Accessibility Features: Parking
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Fireplace Features: Bath, Dining Room, Family Room, Kitchen, Master Bedroom, Patio
  • Levels: Two
  • Price Per Square Foot: 198.83
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Masonry, Wood
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Natural Gas Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal
  • Electric: 220 Volts
  • Heating Type: Natural Gas
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 200.00
  • Water Source: None, Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard
  • Lot Size Sq Ft: 8300.00
  • Lot Size Acres: 0.1905

Multi Family

  • Electric Expense: 30.00
  • Fuel Expense: 30.00
  • Gross Scheduled Income: 5350.00
  • Insurance Expense: 125.00
  • Laundry Income: 300.00
  • Lot Size Area: 8300.0000 Square Feet
  • Net Operating Income: 4540.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Disposal: 4
  • Number With Patio: 4
  • Operating Expense: 810.00
  • Rent Control: No
  • Total Actual Rent: 5350.00
  • Total Expenses: 810.00

Tax Info

  • Tax Area: 6016
  • Tax Census Tract: 34.05
  • Tax Lot: 54
  • Tax Tract Number: 12141

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2019
Closed on
May 10, 2019
Sold by
Lau Yvonne Gia Hue
Bought by
Yvonne Lau Family Trust
Seller's Agent
Lucy Scott
Visionaire Real Estate
Buyer's Agent
David Chung
RE/Max Time
List Price
$738,800
Sold Price
$750,000
Premium/Discount to List
$11,200
1.52%
Current Estimated Value
$1,088,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,728
Avg. Annual Appreciation
5.86%
Original Mortgage
$500,000
Outstanding Balance
$438,695
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$650,033

Purchase Details

Listed on
Mar 15, 2019
Closed on
Mar 27, 2019
Sold by
Young Jerry
Bought by
Chung Hue Lau Yvonne Gia and Chung Hin Lau Aaron
Seller's Agent
Lucy Scott
Visionaire Real Estate
Buyer's Agent
David Chung
RE/Max Time
List Price
$738,800
Sold Price
$750,000
Premium/Discount to List
$11,200
1.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$438,695
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$650,033

Purchase Details

Listed on
Apr 2, 2018
Closed on
May 4, 2018
Sold by
Benitez Benedicta
Bought by
Young Jerry
Seller's Agent
Alicia Coronado
StarFire Real Estate Corp.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$688,000
Sold Price
$660,000
Premium/Discount to List
-$28,000
-4.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.91%
Original Mortgage
$428,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2014
Sold by
Benitez Salvador and Benitez Benedicta
Bought by
Benitez Benedicta

Purchase Details

Closed on
Mar 24, 2004
Sold by
Hyde Lance E
Bought by
Benitez Salvador and Benitez Benedicta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,541
Interest Rate
5.38%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 1, 2002
Sold by
Bank One National Assn
Bought by
Hyde Lance E

Purchase Details

Closed on
Feb 15, 2002
Sold by
Madrigal Jose and Madrigal Yesenia
Bought by
Bank One National Assn

Purchase Details

Closed on
May 26, 2000
Sold by
Riaz Mohammad and Riaz Parveen A
Bought by
Madrigal Jose and Madrigal Yesenia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,200
Interest Rate
9.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 1999
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Riaz Mohammad and Riaz Parveen A

Purchase Details

Closed on
Jul 15, 1999
Sold by
Eng Paul Yu Chung
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Yvonne Lau Family Trust -- Old Republic Title Company
Lau Yvonne Gia Hue -- Old Republic Title Company
Chung Hue Lau Yvonne Gia $750,000 Ticor Title Company
Young Jerry $660,000 Pacific Coast Title Company
Benitez Benedicta -- None Available
Benitez Salvador $485,000 Old Republic Title
Hyde Lance E $205,000 Fidelity National Title Co
Bank One National Assn $140,250 Fidelity National Title
Madrigal Jose $210,000 Orange Coast Title
Riaz Mohammad $120,500 First American Title Co
Federal Home Loan Mortgage Corporation $156,000 American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chung Hue Lau Yvonne Gia $500,000
Previous Owner Young Jerry $428,000
Previous Owner Benitez Salvador $344,541
Previous Owner Madrigal Jose $143,200
Closed Madrigal Jose $35,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/03/2019 05/03/19 Sold $750,000 0.0% $199 / Sq Ft
04/25/2019 04/25/19 Price Changed $750,000 +1.5% $199 / Sq Ft
03/20/2019 03/20/19 Pending -- -- --
03/15/2019 03/15/19 For Sale $738,800 +11.9% $196 / Sq Ft
05/31/2018 05/31/18 Sold $660,000 -4.1% $175 / Sq Ft View Prior Sale
04/16/2018 04/16/18 Pending -- -- --
04/02/2018 04/02/18 For Sale $688,000 -- $182 / 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 $8,829 $836,639 $250,992 $585,647
2024 $8,829 $820,235 $246,071 $574,164
2023 $8,605 $804,152 $241,246 $562,906
2022 $8,571 $788,385 $236,516 $551,869
2021 $8,465 $772,926 $231,878 $541,048
2020 $8,445 $765,000 $229,500 $535,500
2019 $7,370 $673,200 $204,000 $469,200
2018 $5,755 $504,209 $96,963 $407,246
2017 $5,724 $494,323 $95,062 $399,261
2016 $5,630 $484,630 $93,198 $391,432
2015 $5,560 $477,350 $91,798 $385,552
2014 $6,654 $562,520 $69,590 $492,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP19056638

California Regional Multiple Listing Service (CRMLS)

APN: 0246-291-54