Oscar Montalvo
Responds Quickly
RE/MAX One
(747) 229-0915
68 Total Sales
1 in Ganesha
$420,000 Price
1170 Murchison Ave Pomona, CA 91768
Ganesha Neighborhood
5
Beds
4
Baths
57,936
Sq Ft
4
Acre Lot
Highlights
- Private Pool
- 4 Acre Lot
- Forced Air Heating System
About This Home
As of July 201452 Large Townhome Style Units. High growth area. Easy access to 10, 60, and 57 freeways. Close to Cal Poly Pomona. Rent below market. Actual Income: $703,500. Market Rent: $800,000. No rent control. Rent can be easily adjusted by the new owner. Long term tenants. Unit Mix: 30 – 3 Bedrooms 2 Baths, 22 – 2 Bedrooms 2 Baths. Average unit size is more than 1,114 sq. ft. Large Lot! Lot Size: 174,240 sq. ft. Building: 57,936 sq. ft. There is an extra lot in the back. Buyer to verify with city to build extra units. Many new homes surround this property. Buyer to verify subdivision possibilities w/city. Well maintained by the owner and tenants. Recently renovated – spent over $500K. Central Air Condition, Seperate meters, Also, Seperate water heater. Low expenses
Last Agent to Sell the Property
1000 Realty Corporation License #01383988 Listed on: 04/22/2014
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 4 Acre Lot
- Two or More Common Walls
- Density is 21-25 Units/Acre
Home Design
- 57,936 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Parking
- 104 Parking Spaces
- 52 Carport Spaces
Additional Features
- Private Pool
- Suburban Location
- Forced Air Heating System
Listing and Financial Details
- Tax Lot 20
- Assessor Parcel Number 8358015029
Community Details
Overview
- 4 Buildings
- 52 Units
Recreation
- Community Pool
Building Details
- 52 Separate Electric Meters
- 52 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $9,287
- Gardener Expense $1,800
- Insurance Expense $14,721
- Maintenance Expense $12,000
- Other Expense $3,600
- Pest Control $2,880
- Professional Management Expense $9,600
- Trash Expense $9,000
- Water Sewer Expense $15,600
- New Taxes Expense $94,000
- Gross Income $57,950
- Net Operating Income $529,153
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
Apr 22, 2014
Closed on
Jun 25, 2014
Sold by
Bought by
Seller's Agent
Benjamin Lin
1000 Realty Corporation
Buyer's Agent
TC Fan
A + Realty & Mortgage
List Price
$7,520,000
Sold Price
$7,500,000
Premium/Discount to List
-$20,000
-0.27%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,875,000
Interest Rate
4.17%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 7, 2004
Sold by
Bought by
Purchase Details
Closed on
Jul 13, 2004
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
$4,650,000
Interest Rate
5.66%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 22, 2004
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
$3,622,500
Interest Rate
4.5%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 9, 2004
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
$3,622,500
Interest Rate
4.5%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 31, 2003
Sold by
Bought by
Purchase Details
Closed on
Dec 14, 1998
Sold by
Bought by
Purchase Details
Closed on
Apr 25, 1997
Sold by
Bought by
Purchase Details
Closed on
Sep 6, 1994
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Ganesha, CA
-
Oscar Montalvo
-
Emma Perez
Emma Perez
Responds QuicklyCentury 21 Cornerstone
(747) 223-6382
82 Total Sales
1 in Ganesha
$930,299 Price
-
Marta Liceaga
Marta Liceaga
Elevate Real Estate Agency
(747) 255-6032
160 Total Sales
2 in Ganesha
$510,000 Price Range
-
Pedro Torres Jr.
Pedro Torres Jr.
First Class Platinum Brokers
(562) 392-3404
121 Total Sales
1 in Ganesha
$540,000 Price
-
Jacqueline Andrade
Jacqueline Andrade
KELLER WILLIAMS COVINA
(626) 699-5249
11 Total Sales
1 in Ganesha
$568,952 Price
-
Jerry Avila
Jerry Avila
Responds QuicklyALL NATIONS REALTY & INVS
(909) 235-5786
71 Total Sales
1 in Ganesha
$700,000 Price
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 |
|---|---|---|---|
| $7,500,000 | Ticor Title Co | ||
| -- | Chicago Title Co | ||
| $6,200,000 | Chicago Title Co | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- | ||
| $900,000 | Continental 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 |
|---|---|---|---|
| Open | $8,500,000 | ||
| Closed | $5,000,000 | ||
| Closed | $4,875,000 | ||
| Previous Owner | $4,650,000 | ||
| Previous Owner | $3,622,500 |
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 |
|---|---|---|---|---|
| 07/08/2014 07/08/14 | Sold | $7,500,000 | -0.3% | $129 / Sq Ft |
| 06/18/2014 06/18/14 | Pending | -- | -- | -- |
| 04/22/2014 04/22/14 | For Sale | $7,520,000 | -- | $130 / 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 | $133,291 | $9,013,871 | $4,807,399 | $4,206,472 |
| 2024 | $121,065 | $8,837,130 | $4,713,137 | $4,123,993 |
| 2023 | $118,810 | $8,663,854 | $4,620,723 | $4,043,131 |
| 2022 | $117,046 | $8,493,975 | $4,530,121 | $3,963,854 |
| 2021 | $114,256 | $8,327,428 | $4,441,296 | $3,886,132 |
| 2019 | $116,594 | $8,091,200 | $4,309,565 | $3,781,635 |
| 2018 | $106,735 | $7,932,761 | $4,225,064 | $3,707,697 |
| 2016 | $99,933 | $7,614,375 | $4,061,000 | $3,553,375 |
| 2015 | $98,976 | $7,500,000 | $4,000,000 | $3,500,000 |
| 2014 | -- | $7,022,315 | $3,411,274 | $3,611,041 |
Source: Public Records
Agents Affiliated with this Home
-
Benjamin Lin
Seller's Agent in 2014
Benjamin Lin
1000 Realty Corporation
(626) 200-5004
12 Total Sales
-
TC Fan
T
Buyer's Agent in 2014
TC Fan
A + Realty & Mortgage
(909) 896-7802
2 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR14082504
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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