NOT LISTED FOR SALE

357 N Olive Ave Rialto, CA 92376

Rialto Area

Estimated Value: $914,000 - $1,054,575

8 Beds
4 Baths
2,944 Sq Ft
$334/Sq Ft Est. Value

Sale Details

Date Sold: August 14, 2023

Last sale price $930,000 $316 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $6,342 / mo

27 Days on Market

About This Home

As of August 2023

Rialto Investment Property: Built in 1982, this property in Rialto comprises four separate units. Each unit features 2 bedrooms, 1 bathroom, and a one-car garage. With a generous lot size of 9200 square feet, there's plenty of space for parking up to 10 cars, making it ideal for tenants with multiple vehicles. The seller has replaced the roof and granted access to the roof area. Moreover, the property generates additional monthly income through its laundry facilities, making it an attractive investment opportunity.

Last Agent to Sell the Property

Channy Chor

JohnHart Real Estate License #01836138 Listed on: 06/23/2023

JohnHart Real Estate

Last Buyer's Agent

Regina Heller

CENTURY 21 EXPERIENCE License #01404697

CENTURY 21 EXPERIENCE

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1982

Lot Details

  • 9,300 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • Quadruplex
  • Entry on the 2nd floor

Interior Spaces

  • 2,944 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Location

  • Property is near park and public transit

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 17
  • Assessor Parcel Number 0130042090000
  • $767 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $2,500
  • Other Expense $1,440
  • Trash Expense $3,351
  • Water Sewer Expense $3,864
  • Operating Expense $7,215
  • Net Operating Income $5,179

Property Details

Home Type

Multi-Family

Year Built

Built in 1982

Lot Details

9,300 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 3864.00
  • Zoning: MFR
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 0130042090000
  • Year Built: 1982
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 2
  • Levels: Two
  • Price Per Square Foot: 315.90

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 13.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 3351.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Near Public Transit, Park Nearby
  • Lot Size Sq Ft: 9300.00
  • Lot Size Acres: 0.2135

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Scheduled Income: 5900.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 9300.0000 Square Feet
  • Net Operating Income: 5179.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 722.00
  • Other Expense: 1440.00
  • Rent Control: No
  • Total Actual Rent: 5900.00
  • Total Expenses: 7215.00

Tax Info

  • Tax Census Tract: 37.00
  • Tax Lot: 17
  • Tax Tract Number: COX...
  • TaxOtherAnnualAssessmentAmount: 767.00

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

Listed on
Jun 23, 2023
Closed on
Jul 29, 2023
Sold by
Bought by
Seller's Agent
Channy Chor
JohnHart Real Estate
Buyer's Agent
Regina Heller
CENTURY 21 EXPERIENCE
List Price
$930,000
Sold Price
$930,000
Views
57
Current Estimated Value
$983,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,644
Avg. Annual Appreciation
1.91%

Purchase Details

Closed on
Oct 28, 2019
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
$385,000
Interest Rate
0.037%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2013
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
$193,000
Interest Rate
0.0338%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2011
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
$192,500
Interest Rate
0.0391%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2010
Sold by
Bought by

Purchase Details

Closed on
May 17, 2010
Sold by
Bought by

Purchase Details

Closed on
Aug 9, 2005
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
$431,250
Interest Rate
0.0137%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 5, 2005
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
$431,250
Interest Rate
0.0137%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 18, 2005
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
$400,000
Interest Rate
0.0565%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 2005
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
$400,000
Interest Rate
0.0565%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2005
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
$400,000
Interest Rate
0.0565%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 2002
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
$215,992
Interest Rate
0.0586%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 3, 2001
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
$155,200
Interest Rate
0.0715%

Purchase Details

Closed on
Apr 26, 1996
Sold by
Bought by

Purchase Details

Closed on
Feb 29, 1996
Sold by
Bought by

Purchase Details

Closed on
Oct 2, 1995
Sold by
Bought by

Purchase Details

Closed on
Apr 18, 1995
Sold by
Bought by

Purchase Details

Closed on
Oct 12, 1994
Sold by
Bought by
Source: Public Records

Range of Values:

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

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
$930,000 Western Resources Title
-- Stewart Title Of California
-- Stewart Title Of California
-- Lawyers Title Company
-- Fat
$220,000 Lsi Title Company
$199,900 Accommodation
-- Commonwealth Land Title Co-S
$658,000 Commonwealth Land Title Co-S
-- Ticor Title Company
$500,000 Ticor Title Company
-- Ticor Title Company
$224,000 Old Republic Title
$160,000 Fidelity National Title Ins
-- Northern Counties Title
$97,000 Northern Counties Title
$110,000 Orange Coast Title
$11,522 World Title Company
-- --
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 $385,000
Previous Owner $193,000
Previous Owner $192,500
Previous Owner $486,400
Previous Owner $431,250
Previous Owner $400,000
Previous Owner $215,992
Previous Owner $155,200
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
08/14/2023 08/14/23 Sold $930,000 0.0% $316 / Sq Ft
07/20/2023 07/20/23 Pending -- -- --
07/13/2023 07/13/23 Price Changed $930,000 0.0% $316 / Sq Ft
07/13/2023 07/13/23 For Sale $930,000 0.0% $316 / Sq Ft
07/06/2023 07/06/23 Pending -- -- --
06/28/2023 06/28/23 Off Market $930,000 -- --
06/23/2023 06/23/23 For Sale $877,700 -- $298 / 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
2026 $11,801 $967,572 $208,080 $759,492
2025 $11,801 $948,600 $204,000 $744,600
2024 $11,384 $930,000 $200,000 $730,000
2023 $3,682 $270,916 $68,714 $202,202
2022 $3,423 $265,604 $67,367 $198,237
2021 $3,401 $260,396 $66,046 $194,350
2020 $3,424 $257,726 $65,369 $192,357
2019 $3,347 $252,672 $64,087 $188,585
2018 $3,251 $247,717 $62,830 $184,887
2017 $3,226 $242,860 $61,598 $181,262
2016 $3,191 $238,098 $60,390 $177,708
2015 $3,205 $234,522 $59,483 $175,039
2014 $3,018 $229,928 $58,318 $171,610
Source: Public Records

Agents Affiliated with this Home

  • Channy Chor

    Seller's Agent in 2023

    Channy Chor

    JohnHart Real Estate

    (213) 608-6408

    100 Total Sales

    Channy Chor
    Section Image
  • Regina Heller

    Buyer's Agent in 2023

    Regina Heller

    CENTURY 21 EXPERIENCE

    (909) 373-4400

    17 Total Sales

    Regina Heller
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23112046

California Regional Multiple Listing Service (CRMLS)

APN: 0130-042-09

California San Bernardino County Rialto 92376

357 N Olive Ave, Rialto, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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