NOT LISTED FOR SALE

560 W Shamrock St Rialto, CA 92376

Estimated Value: $819,000 - $965,000

8 Beds
4 Baths
2,832 Sq Ft
$325/Sq Ft Est. Value

Last Sold January 21, 2020

Last sale price $595,000 $210 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,542/month

63 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 1-Story Property
  • Laundry Room

About This Home

As of January 2020

Investors wanted for this income producing property. 4 units total, all 2 bedroom, 1 bathroom with single car detached garages. Presently occupied with month-to-month tenants. This is a great opportunity to become a landlord or add to your current investment portfolio.

Last Agent to Sell the Property

Courtney O'Steen

eXp Realty of Greater Los Angeles License #01959701 Listed on: 10/09/2019

eXp Realty of Greater Los Angeles

Last Buyer's Agent

Courtney O'Steen

eXp Realty of Greater Los Angeles License #01959701 Listed on: 10/09/2019

eXp Realty of Greater Los Angeles

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,842

Year Built

  • Built in 1978

Lot Details

  • 7,437 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,832 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Phone Available
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 4
  • Tax Tract Number 7336
  • Assessor Parcel Number 0127361060000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,509
  • Trash Expense $1,619
  • Water Sewer Expense $6,000
  • New Taxes Expense $3,960
  • Operating Expense $13,088
  • Gross Income $39,000
  • Net Operating Income $39,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,842

Year Built

Built in 1978

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 6000.00
  • Property Type: Residential Income
  • Parcel Number: 0127361060000
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: Ground
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Levels: One
  • Price Per Square Foot: 210.10
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 1619.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7437.00
  • Lot Size Acres: 0.1707

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 708 Square Feet
  • Gross Income: 39000.00
  • Gross Scheduled Income: 39000.00
  • Insurance Expense: 1509.00
  • Lot Size Area: 7437.0000 Square Feet
  • Net Operating Income: 39000.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: No
  • Total Expenses: 13088.00

Tax Info

  • New Taxes Expense: 3960.00
  • Tax Census Tract: 35.05
  • Tax Lot: 4
  • Tax Tract Number: 7336

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2019
Closed on
Jan 6, 2020
Sold by
Pallares Richard Anthony
Bought by
Ali Tahira
Seller's Agent
Courtney O'Steen
eXp Realty of Greater Los Angeles
Buyer's Agent
Courtney O'Steen
eXp Realty of Greater Los Angeles
List Price
$650,000
Sold Price
$595,000
Premium/Discount to List
-$55,000
-8.46%
Current Estimated Value
$921,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,132
Avg. Annual Appreciation
7.91%
Original Mortgage
$446,250
Outstanding Balance
$394,280
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$526,852

Purchase Details

Closed on
Sep 20, 2011
Sold by
Pallares Cristal L
Bought by
Pallares Richard Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2011
Sold by
U S Bank National Association
Bought by
Ruv Investments Llc

Purchase Details

Closed on
Mar 10, 2010
Sold by
Hendy Mary
Bought by
Us Bank National Association

Purchase Details

Closed on
Jan 17, 2003
Sold by
Alvarez Elaine
Bought by
Hendy Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
5.78%

Purchase Details

Closed on
Mar 5, 2002
Sold by
Hud
Bought by
Alvarez Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
6.85%

Purchase Details

Closed on
Aug 17, 2001
Sold by
Countrywide Home Loans
Bought by
Hud

Purchase Details

Closed on
Aug 16, 2001
Sold by
Casey Gloria Helen
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Apr 3, 2000
Sold by
Casey Gloria H
Bought by
Casey Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,300
Interest Rate
8.3%

Purchase Details

Closed on
Sep 22, 1997
Sold by
Bottala Lawrence J and Bottala Julia A
Bought by
Casey Gloria Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,053
Interest Rate
7.44%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 13, 1997
Sold by
Bank Of America Nt & Sa
Bought by
Bottala Lawrence J and Bottala Julia A

Purchase Details

Closed on
Aug 27, 1996
Sold by
Tariq Bashir A and Hamid Abdul
Bought by
Bank America National Trust Co and Security Pacific National Trust Co

Purchase Details

Closed on
Dec 29, 1995
Sold by
Rafique Mohammad and Tariq Bashir A
Bought by
Sunset Car Washes Inc
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
Ali Tahira $595,000 Ticor Title
Pallares Richard Anthony -- Fidelity National Title Co
Pallares Richard Anthony $275,000 Fidelity National Title Co
Ruv Investments Llc $192,500 First American Title Company
Us Bank National Association $198,000 Cr Title Services Inc
Hendy Mary $215,000 Chicago Title Co
Hendy Mary -- Chicago Title Co
Alvarez Elaine $158,000 First American Title Co
Hud -- Landsafe Title
Countrywide Home Loans Inc $148,312 Landsafe Title
Casey Gloria -- Gateway Title Company
Casey Gloria Helen $145,000 Stewart Title Company
Bottala Lawrence J $69,000 Stewart Title
Bank America National Trust Co $135,000 Stewart Title
Sunset Car Washes Inc $97,510 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ali Tahira $446,250
Previous Owner Pallares Richard Anthony $206,250
Previous Owner Hendy Mary $193,500
Previous Owner Alvarez Elaine $158,000
Previous Owner Casey Gloria $32,300
Previous Owner Casey Gloria Helen $141,053
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2020 01/21/20 Sold $595,000 -8.5% $210 / Sq Ft
10/09/2019 10/09/19 For Sale $650,000 -- $230 / 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 $7,842 $650,718 $131,237 $519,481
2024 $7,842 $637,959 $128,664 $509,295
2023 $8,365 $625,450 $126,141 $499,309
2022 $7,766 $613,187 $123,668 $489,519
2021 $7,717 $601,164 $121,243 $479,921
2020 $4,172 $315,839 $51,223 $264,616
2019 $4,078 $309,646 $50,219 $259,427
2018 $3,960 $303,574 $49,234 $254,340
2017 $3,931 $297,622 $48,269 $249,353
2016 $3,887 $291,787 $47,323 $244,464
2015 $3,904 $287,404 $46,612 $240,792
2014 $3,675 $281,774 $45,699 $236,075
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV19233889

California Regional Multiple Listing Service (CRMLS)

APN: 0127-361-06