NOT LISTED FOR SALE

1144 W Fernleaf Ave Pomona, CA 91766

Ganesha Neighborhood

Estimated Value: $929,000 - $1,197,904

7 Beds
3 Baths
2,631 Sq Ft
$425/Sq Ft Est. Value

Last Sold March 10, 2017

Last sale price $640,000 $243 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $6,784/month

5 Days on Market

About This Home

As of March 2017

THIS IS A FANTASTIC INVESTMENT PROPERTY IN LOS ANGELES COUNTY, EXCELLENT 3 UNIT RESIDENTIAL PROPERTY FOR SALE. FULLY RENTED. IT CONSIST OF A FIRST UNIT IN THE FRONT WITH 3 BED/1 BATH WITH PRIVATE PATIO, AND A SECOND BUILDING IN THE BACK WITH THE 2 OTHER UNITS EACH ONE 2 BEDS/1 BATH. PROPERTY NEED SOME COSMETIC WORK. EACH TENANT PAYS THEIR OWN GAS AND ELECTRIC UTILITIES.

Last Agent to Sell the Property

ANDRE VERASTEGUI

NORTH ROCK REAL ESTATE License #01909540 Listed on: 12/19/2016

Last Buyer's Agent

Manuel Avila

Century 21 Allstars License #01874478

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,463

Year Built

  • Built in 1962

Lot Details

  • 0.45 Acre Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 4 Open Parking Spaces
  • 1 Car Garage
  • 2 Carport Spaces

Home Design

  • 2,631 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Utilities

  • Central Heating

Listing and Financial Details

  • Legal Lot and Block 7 / 7
  • Tax Tract Number 640
  • Assessor Parcel Number 8343012019

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Insurance Expense $1,200
  • Water Sewer Expense $6,000
  • New Taxes Expense $7,150
  • Operating Expense $14,350
  • Gross Income $50,400
  • Net Operating Income $36,050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,463

Year Built

Built in 1962

Lot Details

0

Parking

1

Listing Details

  • Other Phone Description: OFFICE
  • Other Phone Number: 9092973127
  • Property Attached: Yes
  • Water Sewer Expenses: 6000.00
  • Zoning: POR2*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 8343012019
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 243.25

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 1.00
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 19542.00

Multi Family

  • Gross Income: 50400.00
  • Gross Scheduled Income: 50400.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 36050.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 14350.00
  • Rent Control: No
  • Total Expenses: 14350.00

Tax Info

  • New Taxes Expense: 7150.00
  • Tax Block: 7
  • Tax Census Tract: 4025.02
  • Tax Lot: 7
  • Tax Tract Number: 640

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2017
Sold by
Acevedo Manuel and Acevedo Amella
Bought by
Ceja Norberto Alvarez
Current Estimated Value
$1,118,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$628,408
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 17, 2003
Sold by
Quezada Ana Maria and Quezada Luis Manuel
Bought by
Acevedo Manuel and Acevedo Amelia

Purchase Details

Closed on
Sep 14, 2000
Sold by
Ebuehi Finnian and Ebuehi Elizabeth
Bought by
Acevedo Ana Maria and Acevedo Gabriela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,902
Interest Rate
7.9%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 29, 1998
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Ebuehi Finnian and Ebuehi Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
11.3%

Purchase Details

Closed on
Jan 5, 1998
Sold by
Old Kent Mtg Company
Bought by
Federal Home Loan Mortgage Corporation
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
Ceja Norberto Alvarez $640,000 Ticar Title Company
Acevedo Manuel -- --
Acevedo Ana Maria $188,500 Chicago Title Co
Ebuehi Finnian $120,000 First American Title Co
Federal Home Loan Mortgage Corporation -- American Title
Old Kent Mtg Company $136,000 American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ceja Norberto Alvarez $628,408
Previous Owner Acevedo Ana Maria $186,902
Previous Owner Ebuehi Finnian $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2017 03/10/17 Sold $640,000 -1.5% $243 / Sq Ft
12/24/2016 12/24/16 Pending -- -- --
12/19/2016 12/19/16 For Sale $649,999 -- $247 / 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 $10,463 $742,768 $348,173 $394,595
2024 $10,463 $728,205 $341,347 $386,858
2023 $9,425 $713,927 $334,654 $379,273
2022 $9,280 $699,930 $328,093 $371,837
2021 $9,070 $686,207 $321,660 $364,547
2020 $9,041 $679,172 $318,362 $360,810
2019 $9,267 $665,856 $312,120 $353,736
2018 $8,497 $652,800 $306,000 $346,800
2016 $5,272 $396,337 $192,163 $204,174
2015 $5,229 $390,385 $189,277 $201,108
2014 $5,211 $382,739 $185,570 $197,169
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV16765631

California Regional Multiple Listing Service (CRMLS)

APN: 8343-012-019