NOT LISTED FOR SALE

Estimated Value: $442,000 - $560,000

2 Beds
1 Bath
648 Sq Ft
$740/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $450,000 $694 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,596/month

58 Days on Market

Highlights

  • No HOA
  • Back Yard
  • 1-Story Property
  • Wood Fence

About This Home

As of June 2024

Pleased to present 112 E Kingsley Ave. Pomona, CA. This charming, leased investment opportunity in a historic cottage home offers a steady income stream with its 2-bedroom, 1-bathroom layout and timeless appeal.
Step inside to discover a well-maintained interior featuring Two bedrooms, both comfortable and inviting and a full bathroom. The living spaces create a cozy atmosphere ideal for tenants to relax and enjoy.
Outside, the property boasts a fenced ample back yard perfect for a garden or just an overall peaceful oasis, enhancing the overall appeal for tenants.
Located in a historic neighborhood, this leased investment property offers stability and potential for growth. Benefit from a reliable income stream while owning a piece of Pomona’s rich heritage.
Don’t miss this opportunity to invest in a leased property that combines historical charm with modern convenience.
*Property is sold as-is, where is*
*Property sewer connection is tied to the office building next door*
*Second floor bedroom is possibly unpermitted. Buyer to verify.*
*Buyer to verify all aspects of the property including permits, square footage, etc...*

Last Agent to Sell the Property

CHRISTOPHER JOHNSON

LEE & ASSOC COMM R E SERV/PAS Brokerage Email: pas_admin@lee-associates.com License #01934154 Listed on: 04/17/2024

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $490

Year Built

  • Built in 1930

Lot Details

  • 3,524 Sq Ft Lot
  • Wood Fence
  • Back Yard
  • Property is zoned POT4*

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 648 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 4
  • Assessor Parcel Number 8336007006
  • $315 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Home Details

Home Type

Single Family

Est. Annual Taxes

$490

Year Built

Built in 1930

Lot Details

0

Listing Details

  • CapRate: 3.05
  • Price Per Unit: 425000
  • Property Attached: No
  • Zoning: POT4*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 8336007006
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 694.44

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 3524.00
  • Lot Size Acres: 0.0809
  • Latitude Manual: 34.06653000

Multi Family

  • Gross Income: 18000.00
  • Gross Scheduled Income: 18000.00
  • Insurance Expense: 648.00
  • Lot Size Area: 3524.0000 Square Feet
  • Net Operating Income: 12060.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 1
  • Operating Expense: 5940.00
  • Rent Control: Yes
  • Total Expenses: 5940.00

Tax Info

  • New Taxes Expense: 5001.00
  • Tax Census Tract: 4026.02
  • Tax Lot: 4
  • Tax Tract Number: 4
  • TaxOtherAnnualAssessmentAmount: 315.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2024
Closed on
Jun 21, 2024
Sold by
Clint Victor Bonham Living Trust and Avilez Natalie
Bought by
Weston Brooke
Seller's Agent
CHRISTOPHER JOHNSON
LEE & ASSOC COMM R E SERV/PAS
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$425,000
Sold Price
$450,000
Premium/Discount to List
$25,000
5.88%
Views
105
Current Estimated Value
$479,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,572
Avg. Annual Appreciation
4.27%
Source: Public Records

Range of Values:

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Average Value
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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
Weston Brooke $450,000 Ticor Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $450,000 +5.9% $694 / Sq Ft
06/14/2024 06/14/24 Pending -- -- --
06/05/2024 06/05/24 Price Changed $425,000 0.0% $656 / Sq Ft
06/05/2024 06/05/24 For Sale $425,000 +7.6% $656 / Sq Ft
04/24/2024 04/24/24 Pending -- -- --
04/17/2024 04/17/24 For Sale $395,000 -- $610 / 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 $490 $459,000 $408,000 $51,000
2024 $490 $14,103 $8,379 $5,724
2023 $479 $13,827 $8,215 $5,612
2022 $467 $13,556 $8,054 $5,502
2021 $451 $13,292 $7,897 $5,395
2019 $449 $12,900 $7,664 $5,236
2018 $424 $12,648 $7,514 $5,134
2016 $398 $12,159 $7,223 $4,936
2015 $395 $11,977 $7,115 $4,862
2014 $401 $11,743 $6,976 $4,767
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS24076781

California Regional Multiple Listing Service (CRMLS)

APN: 8336-007-006