Seller's Agent in 2024
Gustavo Arias
First Team Real Estate
(323) 819-0035
6 in this area
35 Total Sales
202 E Jackson St Rialto, CA 92376
Estimated Value: $1,051,616 - $1,122,000
8
Beds
6
Baths
3,875
Sq Ft
$280/Sq Ft
Est. Value
Highlights
- No HOA
- Central Air
- Wall Furnace
- Laundry Room
About This Home
As of August 2024NOI, NOI, NOI!! This is a rare opportunity to get incredible above-market NOI in the heart of Rialto!! This hard-to-find investment opportunity has a current net operating income of $53973.67 with more upside potential. All units are conveniently located on the ground level. The property features 2 3-bedroom, 1.5-bathroom units, and 2 cozy 1-bedroom, 1-bathroom units. Additionally, every unit comes with its own assigned parking and extra storage space. Situated in a desirable neighborhood, the property offers easy access to local amenities, schools, parks, and major highways, making it an attractive option for commuters. With its versatile unit mix and strategic location, this property promises steady demand and robust rental income potential, making it an excellent choice for both seasoned investors and those looking to start their real estate portfolio. *** ACT NOW!*** Seller will provide a 2-point buy down on the interest rate. Additionally, the lender will contribute 1% of the loan amount, up to $5,000, further easing your financial commitment. Contact us today to learn more about this exclusive offer!
Some pictures will be available tomorrow - Professional pictures next week.
Last Agent to Sell the Property
First Team Real Estate Brokerage Phone: 323-819-0035 License #01889399 Listed on: 06/27/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,461
Year Built
- Built in 1971
Lot Details
- 7,192 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 4 Car Garage
- 4 Carport Spaces
- Parking Available
- Assigned Parking
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 3,875 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 8 Bedrooms
- 6 Bathrooms
Location
- Urban Location
Utilities
- Central Air
- Wall Furnace
Listing and Financial Details
- Tenant pays for electricity
- Tax Lot 8
- Tax Tract Number 7601
- Assessor Parcel Number 0127321150000
- $519 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 4 Separate Electric Meters
- 1 Separate Water Meter
- Insurance Expense $1,687
- Other Expense $2,072
- Professional Management Expense $5,181
- Trash Expense $4,212
- Water Sewer Expense $2,400
- Operating Expense $13,152
- Gross Income $67,125
- Net Operating Income $53,973
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 27, 2024
Closed on
Aug 23, 2024
Sold by
Mai Michael Jiajun
Bought by
Pan Yonglin
Seller's Agent
Gustavo Arias
First Team Real Estate
Buyer's Agent
Jindy Chen
Kingston Realty
List Price
$1,050,000
Sold Price
$1,050,000
Views
21
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
$36,154
Avg. Annual Appreciation
3.13%
Original Mortgage
$630,000
Outstanding Balance
$622,733
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$463,421
Purchase Details
Listed on
Jun 27, 2024
Closed on
Aug 14, 2024
Sold by
Smith Benjamin R
Bought by
Pan Yonglin
Seller's Agent
Gustavo Arias
First Team Real Estate
Buyer's Agent
Jindy Chen
Kingston Realty
List Price
$1,050,000
Sold Price
$1,050,000
Views
21
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Outstanding Balance
$622,733
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$463,421
Purchase Details
Listed on
Mar 5, 2022
Closed on
Mar 15, 2022
Sold by
Family Trust
Bought by
Smith Benjamin R
Seller's Agent
Danielle Fontes
KALEO REAL ESTATE COMPANY
Buyer's Agent
Gustavo Arias
First Team Real Estate
Sold Price
$900,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.69%
Original Mortgage
$0
Interest Rate
3.85%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 6, 2020
Sold by
Surana Sourbh
Bought by
Ash George C and Famliy Trust Of George C Ash J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
3.2%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 16, 2010
Sold by
Fattepuria Shilpa Rameshkumar
Bought by
Surana Sourbh
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
4.21%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 9, 2010
Sold by
Saldana Beatty Asset Partners
Bought by
Surana Sourbh
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
4.21%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 25, 1996
Sold by
Keller Ronald W and Keller Jacquelene L
Bought by
Fuentes Jose C and Fuentes Nersa M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,560
Interest Rate
8.14%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 17, 1996
Sold by
Keller Kurt
Bought by
Keller Ronald W and Keller Jacquelene L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,560
Interest Rate
8.14%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 26, 1995
Sold by
Midfirst Bank
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
$59,800
Interest Rate
7.58%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Sep 26, 1995
Sold by
Federal National Mortgage Association
Bought by
Keller Kurt
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,800
Interest Rate
7.58%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Sep 5, 1995
Sold by
Likes Robert James and Likes Kathleen Miller
Bought by
Midfirst Bank
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,800
Interest Rate
7.58%
Mortgage Type
Seller Take Back
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 |
|---|---|---|---|
| Pan Yonglin | -- | Lawyers Title | |
| Pan Yonglin | $1,050,000 | Lawyers Title | |
| Smith Benjamin R | $900,000 | First American Title | |
| Ash George C | $670,000 | Fidelity National Title | |
| Surana Sourbh | -- | Priority Title Company | |
| Surana Sourbh | $250,000 | Priority Title Company | |
| Fuentes Jose C | $110,000 | First American Title Ins Co | |
| Keller Ronald W | -- | First American Title Ins Co | |
| Keller Todd M | -- | First American Title Ins Co | |
| Federal National Mortgage Association | -- | Northern Counties Title | |
| Keller Kurt | $70,500 | Northern Counties Title | |
| Midfirst Bank | $70,000 | American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pan Yonglin | $630,000 | |
| Previous Owner | Smith Benjamin R | $0 | |
| Previous Owner | Ash George C | $335,000 | |
| Previous Owner | Surana Sourbh | $187,500 | |
| Previous Owner | Fuentes Jose C | $109,560 | |
| Previous Owner | Keller Kurt | $59,800 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/30/2024 08/30/24 | Sold | $1,050,000 | 0.0% | $271 / Sq Ft | |
| 07/28/2024 07/28/24 | Pending | -- | -- | -- | |
| 06/27/2024 06/27/24 | For Sale | $1,050,000 | +16.7% | $271 / Sq Ft | |
| 04/14/2022 04/14/22 | Sold | $900,000 | +112400.0% | $232 / Sq Ft | View Prior Sale |
| 03/07/2022 03/07/22 | Pending | -- | -- | -- | |
| 01/10/2020 01/10/20 | Rented | $800 | 0.0% | -- | |
| 12/30/2019 12/30/19 | Off Market | $800 | -- | -- | |
| 12/13/2019 12/13/19 | For Rent | $800 | -- | -- |
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 | $11,461 | $1,050,000 | $250,000 | $800,000 |
| 2024 | $11,461 | $936,360 | $176,868 | $759,492 |
| 2023 | $12,229 | $918,000 | $173,400 | $744,600 |
| 2022 | $8,732 | $690,481 | $164,891 | $525,590 |
| 2021 | $8,676 | $676,942 | $161,658 | $515,284 |
| 2020 | $4,227 | $320,048 | $76,146 | $243,902 |
| 2019 | $4,131 | $313,773 | $74,653 | $239,120 |
| 2018 | $4,011 | $307,620 | $73,189 | $234,431 |
| 2017 | $3,982 | $301,588 | $71,754 | $229,834 |
| 2016 | $3,938 | $295,674 | $70,347 | $225,327 |
| 2015 | $3,954 | $291,232 | $69,290 | $221,942 |
| 2014 | $3,722 | $285,527 | $67,933 | $217,594 |
Source: Public Records
Agents Affiliated with this Home
-
Gustavo Arias
-
Jindy Chen
J
Buyer's Agent in 2024
Jindy Chen
Kingston Realty
(626) 715-9988
1 in this area
10 Total Sales
-
Danielle Fontes
Seller's Agent in 2022
Danielle Fontes
KALEO REAL ESTATE COMPANY
(626) 512-1826
1 in this area
25 Total Sales
-
T
Seller's Agent in 2020
TRINA GONZALES
SUMMIT PROPERTY MANAGEMENT
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24132058
APN: 0127-321-15
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