Seller's Agent in 2013
Ken Fang
1000 Realty Corporation
(626) 215-3198
4 Total Sales
1116 E Franklin Ave Pomona, CA 91766
South Pomona Neighborhood
6
Beds
3
Baths
24,352
Sq Ft
1.14
Acre Lot
About This Home
As of December 201332 units property in prime location of Pomona, Nice neighborhood. The rent income is high up to $312,000 annually. Close to school, shopping & park. Easy to find tenants. Newer remodeled and well maintenance. Big lot and a lot of parking (12 Car Garage, 20 carport and 26 uncovered Parking Space) There is a parcel of vacant land for re-developing. Great potential! The rent is lower than market. Potential rent right now shall be $1000-1150/unit. The buyer and buyers’ agent to verity with city for re-developing and other information.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 1.14 Acre Lot
- Two or More Common Walls
Parking
- 12 Car Garage
- 20 Carport Spaces
Home Design
- 24,352 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Listing and Financial Details
- Tax Lot 236
- Tax Tract Number 4029
- Assessor Parcel Number 8328016022
Community Details
Overview
- 6 Buildings
- 32 Units
Building Details
- 33 Separate Electric Meters
- 33 Separate Gas Meters
- 2 Separate Water Meters
- Electric Expense $3,412
- Gardener Expense $4,952
- Insurance Expense $7,070
- Maintenance Expense $5,958
- Professional Management Expense $16,361
- Trash Expense $10,097
- Water Sewer Expense $12,264
- New Taxes Expense $45,777
- Gross Income $9,389
- Net Operating Income $214,022
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
Oct 13, 2013
Closed on
Nov 27, 2013
Sold by
Bought by
Seller's Agent
Ken Fang
1000 Realty Corporation
Buyer's Agent
Ken Fang
1000 Realty Corporation
List Price
$3,780,000
Sold Price
$3,415,000
Premium/Discount to List
-$365,000
-9.66%
Purchase Details
Closed on
Jul 2, 2008
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
$2,325,000
Interest Rate
0.06%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 2, 2007
Sold by
Bought by
Purchase Details
Closed on
Jun 15, 2007
Sold by
Bought by
Purchase Details
Closed on
Dec 6, 2006
Sold by
Bought by
Purchase Details
Closed on
Oct 21, 2005
Sold by
Bought by
Purchase Details
Closed on
Sep 8, 2005
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $3,415,000 | Lawyers Title Company | ||
| $3,500,000 | Southland Title | ||
| -- | Accommodation | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | -- | ||
| -- | Fidelity National Title |
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 | $2,325,000 |
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 |
|---|---|---|---|---|
| 12/17/2013 12/17/13 | Sold | $3,415,000 | -9.7% | $140 / Sq Ft |
| 11/15/2013 11/15/13 | Pending | -- | -- | -- |
| 10/13/2013 10/13/13 | For Sale | $3,780,000 | -- | $155 / 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 |
|---|---|---|---|---|
| 2025 | $20,197 | $1,366,828 | $612,928 | $753,900 |
| 2024 | $18,440 | $1,340,028 | $600,910 | $739,118 |
| 2023 | $18,089 | $1,313,754 | $589,128 | $724,626 |
| 2022 | $17,806 | $1,287,995 | $577,577 | $710,418 |
| 2021 | $17,387 | $1,262,741 | $566,252 | $696,489 |
| 2019 | $17,735 | $1,225,289 | $549,457 | $675,832 |
| 2018 | $16,451 | $1,201,265 | $538,684 | $662,581 |
| 2016 | $15,400 | $1,154,620 | $517,767 | $636,853 |
| 2015 | $15,269 | $1,137,277 | $509,990 | $627,287 |
| 2014 | $14,901 | $1,115,000 | $500,000 | $615,000 |
Source: Public Records
Agents Affiliated with this Home
-
Ken Fang
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR13209146
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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