NOT LISTED FOR SALE

215 N Spruce Ave Rialto, CA 92376

Estimated Value: $1,074,000 - $1,390,000

10 Beds
10 Baths
3,946 Sq Ft
$309/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $1,165,000 $295 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $7,708/month

Highlights

  • Modern Architecture
  • No HOA
  • Laundry Room
  • Private Yard
  • Neighborhood Views
  • Landscaped

About This Home

As of May 2022

215 N. Spruce Ave., Rialto Ca.: IS NOW FOR SALE. DRIVE BY ONLY & OFFERS SUBJECT TO INTERIOR INSPECTION. This is a legal Quadruplex (4 separate houses). This rare opportunity doesn’t hit the real estate market often. This 2006 built boasts 4 (FOUR) separate units with no common walls for optimum privacy. The two front units A & B (facing Spruce AVE.) have main floor access, a rear porch, 3 bedrooms, 2 1/2 bathrooms, their own laundry areas and a large 2-car garage each. Unit A is the one photographed (Unit B is very similar in aesthetics). Their 2-car garages are located below the rear units (towards the alley). Units C & D have 2 bedrooms, 2 bathrooms, a laundry area and a 2-car garage each right below them. Unit C is the one photographed (Unit D is very similar in aesthetics). Access to these units is through the stairs on the 2nd floor. These units offer a balcony with a very nice view. Each unit has its own gas and electrical meters. The water is on one main meter. Properties have their own Air conditioning and forced heat. These cute homes are impeccable, in great conditions and with amazing tenants. Current leases are month to month. The entire property is fenced with Rod Iron fencing and a rolling gate towards the alley. There is one guest space in the back. Enjoy the grounds with, ample concrete driveways space, pathways, green grass and well manicured landscaping. This one is a 10+ PLEASE DO NOT DISTUB TENANTS.

Last Agent to Sell the Property

Michael Nugent

BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY License #01329276 Listed on: 04/10/2022

BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY

Co-Listed By

IRMA NUGENT

BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY License #01984830

BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY

Last Buyer's Agent

IRMA NUGENT

BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY License #01984830

BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,805

Year Built

  • Built in 2006

Lot Details

  • 0.26 Acre Lot
  • No Common Walls
  • Wrought Iron Fence
  • Fence is in average condition
  • Landscaped
  • Paved or Partially Paved Lot
  • Level Lot
  • Sprinklers on Timer
  • Private Yard
  • Lawn
  • Garden
  • Front Yard

Parking

  • 8 Car Garage
  • Parking Available
  • Auto Driveway Gate

Home Design

  • Quadruplex
  • Modern Architecture
  • Turnkey
  • Spanish Tile Roof

Interior Spaces

  • 3,946 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Neighborhood Views

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Location

  • Urban Location

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 17
  • Tax Tract Number 4779
  • Assessor Parcel Number 0128101400000
  • $1,406 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $125
  • Insurance Expense $220
  • Trash Expense $265
  • Water Sewer Expense $600
  • Operating Expense $1,210

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,805

Year Built

Built in 2006

Lot Details

0

Parking

8

Listing Details

  • Assessments: Yes
  • Price Per Unit: 237498
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 600.00
  • Architectural Style: Modern
  • Property Condition: Turnkey
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 125.00
  • Parcel Number: 0128101400000
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 295.24
  • Room Type: Family Room, Kitchen

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Average Condition, Wrought Iron
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No

Garage/Parking

  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Auto Driveway Gate
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside, Washer Hookup
  • Sewer: Sewer Paid
  • Trash Expense: 265.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Garden, Landscaped, Lawn, Lot 10000-19999 Sqft, Level, Paved, Sprinkler System, Sprinklers Timer, Walkstreet, Yard
  • Lot Size Sq Ft: 11208.00
  • Lot Size Acres: 0.2573

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Insurance Expense: 220.00
  • Lot Size Area: 11208.0000 Square Feet
  • 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 Dishwasher: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Rent Control: No
  • Total Actual Rent: 5350.00
  • Total Expenses: 1210.00

Tax Info

  • Tax Census Tract: 35.10
  • Tax Lot: 17
  • Tax Tract Number: 4779
  • TaxOtherAnnualAssessmentAmount: 1406.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2023
Sold by
Shiu Clement Yiutung and Shiu Waiman Mandy
Bought by
Shiu And Chung Family Trust
Current Estimated Value
$1,219,964

Purchase Details

Listed on
Apr 10, 2022
Closed on
Apr 21, 2022
Sold by
Manjarrez Inc
Bought by
Manjarrez Norman A and Manjarrez Cynthia
Seller's Agent
Michael Nugent
BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY
Buyer's Agent
IRMA NUGENT
BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY
List Price
$949,990
Sold Price
$1,165,000
Premium/Discount to List
$215,010
22.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.38%

Purchase Details

Closed on
Jul 15, 2009
Sold by
Manjarrez Norman A
Bought by
Manjarrez Cynthia

Purchase Details

Closed on
Nov 1, 2006
Sold by
Manjarrez Norman A
Bought by
Manjarrez Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$664,000
Interest Rate
3%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 13, 2006
Sold by
Spruce Gardens Inc
Bought by
Monjarres Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$664,000
Interest Rate
3%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 3, 2005
Sold by
Quez Investments Corp
Bought by
Spruce Gardens Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,700,000
Interest Rate
5.63%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 29, 2005
Sold by
Pacific Development Inc
Bought by
Quez Investments Corp

Purchase Details

Closed on
Jun 18, 2004
Sold by
Pacific Contractors
Bought by
Pacific Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 2004
Sold by
Pacific Contractors
Bought by
Pacific Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 2003
Sold by
Winesuff Irvin and Winesuff Rosalie
Bought by
Pacific Contractors

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage
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
Shiu And Chung Family Trust -- None Listed On Document
Manjarrez Norman A -- None Listed On Document
Manjarrez Cynthia -- None Available
Manjarrez Inc -- None Available
Manjarrez Cynthia -- None Available
Manjarrez Cynthia -- Ticor Title Company
Monjarres Cynthia $849,000 Ticor Title Company
Spruce Gardens Llc -- Orange Coast Title Company
Quez Investments Corp $160,000 Orange Coast Title Company
Pacific Development Inc -- United Title Los Angeles
Pacific Development Inc -- --
Pacific Contractors $360,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Manjarrez Cynthia $664,000
Previous Owner Spruce Gardens Llc $2,700,000
Previous Owner Pacific Development Inc $230,000
Previous Owner Pacific Contractors $180,000
Closed Pacific Contractors $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2022 05/20/22 Sold $1,165,000 +22.6% $295 / Sq Ft
04/20/2022 04/20/22 For Sale $949,990 -18.5% $241 / Sq Ft
04/13/2022 04/13/22 Off Market $1,165,000 -- --
04/11/2022 04/11/22 Pending -- -- --
04/10/2022 04/10/22 For Sale $949,990 -- $241 / 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 $14,805 $1,236,308 $201,630 $1,034,678
2024 $14,805 $1,212,066 $197,676 $1,014,390
2023 $15,799 $1,188,300 $193,800 $994,500
2022 $6,336 $498,716 $68,118 $430,598
2021 $6,296 $488,937 $66,782 $422,155
2020 $6,338 $483,923 $66,097 $417,826
2019 $6,193 $474,434 $64,801 $409,633
2018 $6,012 $465,131 $63,530 $401,601
2017 $5,967 $456,010 $62,284 $393,726
2016 $5,901 $447,069 $61,063 $386,006
2015 $5,926 $440,354 $60,146 $380,208
2014 $5,575 $431,728 $58,968 $372,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV22067658

California Regional Multiple Listing Service (CRMLS)

APN: 0128-101-40