NOT LISTED FOR SALE

Estimated Value: $664,000 - $763,651

5 Beds
2 Baths
1,850 Sq Ft
$386/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $480,000 $259 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,340/month

11 Days on Market

Highlights

  • Laundry Room
  • Back and Front Yard
  • 1-Story Property
  • Attached Carport

About This Home

As of November 2020

Two detached units in the city of Pomona. Back unit is 3 bedrooms & 1 bath, with a 1 car attached garage, and 1 car carport, Back unit has separate entrance and separate yard. Front unit is a 2 bedrooms & 1 bath, it has washer and dryer hook ups in the kitchen. There is an attached 1 car garage. Front unit has a front yard and a small backyard

Last Agent to Sell the Property

Mario Acevedo

Keller Williams Empire Estates License #01714944 Listed on: 10/23/2020

Keller Williams Empire Estates

Last Buyer's Agent

Christopher Dumayas

MZ BROKERAGE INC. License #01954052

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,594

Year Built

  • Built in 1939

Lot Details

  • 5,928 Sq Ft Lot
  • No Common Walls
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Attached Carport
  • Parking Available

Interior Spaces

  • 1,850 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 15
  • Tax Tract Number 538
  • Assessor Parcel Number 8348016016

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1
  • Fuel Expense $1
  • Insurance Expense $1
  • Trash Expense $1
  • Water Sewer Expense $1
  • New Taxes Expense $1
  • Operating Expense $1
  • Gross Income $1
  • Net Operating Income $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,594

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1.00
  • Zoning: POR3YY
  • Property Type: Residential Income
  • Parcel Number: 8348016016
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 259.46

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Attached Carport
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Kitchen, Inside
  • Sewer: Public Sewer
  • Trash Expense: 1.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 5928.00
  • Lot Size Acres: 0.1361

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 1.00
  • Fuel Expense: 1.00
  • Gross Income: 1.00
  • Gross Scheduled Income: 1.00
  • Insurance Expense: 1.00
  • Lot Size Area: 5928.0000 Square Feet
  • Net Operating Income: 1.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 1.00
  • Rent Control: Yes
  • Total Expenses: 1.00

Tax Info

  • New Taxes Expense: 1.00
  • Tax Census Tract: 4025.01
  • Tax Lot: 15
  • Tax Tract Number: 538

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2020
Closed on
Nov 6, 2020
Sold by
Naranjo Javier and Naranjo Amparo
Bought by
Liu Jiahong and Zhang Chenchen
Seller's Agent
Mario Acevedo
Keller Williams Empire Estates
Buyer's Agent
Christopher Dumayas
MZ BROKERAGE INC.
List Price
$495,000
Sold Price
$480,000
Premium/Discount to List
-$15,000
-3.03%
Total Days on Market
11
Current Estimated Value
$714,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,163
Avg. Annual Appreciation
9.89%
Original Mortgage
$480,000
Interest Rate
2.8%
Mortgage Type
Commercial
Source: Public Records

Similar Homes in Pomona, CA

  • 1031 W 2nd St, Pomona, CA 91766

    $649,400

    • 3 Beds
    • 3 Baths
    • 1,224 Sq Ft
    • 1031 W 2nd St
    • Pomona, CA

    This incredible commercial owner-user property offers three separate income-generating units with a strong 12 GRM, making it a prime opportunity for investors. Featuring a remodeled 2-bed, 1-bath unit, a stylishly updated 1-bed, 1-bath loft, and a studio unit, this property is move-in ready and designed for maximum rental potential. Ideally located just minutes from Cal Poly Pomona, Downtown

    Matteo Merloni Maximus Properties

    Section Image
  • 574 Davidson Ln, Pomona, CA 91768

    $725,000

    • 4 Beds
    • 2 Baths
    • 1,801 Sq Ft
    • 574 Davidson Ln
    • Pomona, CA

    Investment Opportunity – Duplex in Pomona Located in a quiet cul-de-sac This well-maintained duplex is an excellent opportunity for investors. Each unit features 2 bedrooms and 1 bathroom and is fully occupied—with a long-term tenant in one unit and a newly secured tenant in the other. The property offers 1,801 sq ft of living space on a generous 7,711 sq ft lot, providing ample outdoor space for

    Kevin Shyu Kuo K Shyu, Broker

    Section Image
  • 324 N Palomares St, Pomona, CA 91767

    $750,000

    • 5 Beds
    • 3 Baths
    • 1,734 Sq Ft
    • 324 N Palomares St
    • Pomona, CA

    Now available in the heart of Pomona, just minutes from Downtown and Western University, this extensively upgraded 2-unit multi-family property offers immediate leasing flexibility and strong income potential. Both units (3-Bedroom/2-Bath) and (2-Bedroom/1-Bath) will be delivered vacant at the close of escrow, giving investors full control over tenant selection, rental rates, and overall

    Kristopher German RE/MAX 2000 REALTY

    Section Image
  • 645 N Towne Ave, Pomona, CA 91767

    $799,000

    • 4 Beds
    • 2 Baths
    • 1,896 Sq Ft
    • 645 N Towne Ave
    • Pomona, CA

    Craftsman 2-story Duplex. Each 2 bedrooms/ 1 bathroom. Great location in the historic district of Pomona zoned R4YY-Great development opportunity. Large flat rectangular lot with over 10,600 sq. ft and plenty of open space in the back to build 2 more units or more and still plenty of parking space. Seller buying other property and looking for fast closing. Both units currently occupied but

    Albert Guevara Homelife Team Real Estate Investments

    Section Image
  • 878 E Hawthorne Place, Pomona, CA 91767

    $689,000

    • 5 Beds
    • 3 Baths
    • 1,608 Sq Ft
    • 878 E Hawthorne Place
    • Pomona, CA

    Prime Opportunity in the heart of Pomona! This property consists of 2 Units. The Front Unit offers 2 Bedrooms and 1 Bathroom, Living Room with Fireplace, Dining Room and Kitchen with Counter Open to Dining Area, Front Yard and Back Patio. The main 3 Car Driveway pertains to the front unit by way of front access. The Back Unit offers 2 Bedrooms and 1 Bathroom, Living Room and Kitchen, Front

    Rene Nario Nario International Realty

    Section Image
  • 804 Philadelphia St, Pomona, CA 91766

    $625,000

    • 3 Beds
    • 1.5 Baths
    • 1,216 Sq Ft
    • 804 Philadelphia St
    • Pomona, CA

    This is a Residential/Commercial mixed property perfect for the live in business owner trying to get ahead. 1 Bedroom and full bathroom in the back and business offices and waiting room in the front. Also a healing herbs and creams small store on the south west corner of the property. Property is strategically set up with it's own gated parking lot for your customers convenience. This is a

    Luis Cardenas CENTURY 21 KING

    Section Image
  • 1305 E Kingsley Ave, Pomona, CA 91767

    $819,900

    • 4 Beds
    • 2 Baths
    • 1,768 Sq Ft
    • 1305 E Kingsley Ave
    • Pomona, CA

    Location! Location! Location! Conveniently located Duplex unit in central Pomona, most of the newer shopping plazas are located on Indian Hills Blvd, close to the 10 fwy for commute. Each unit features 2 bedrooms and 1 bathroom, complete with a private laundry area. Both units have been recently remodeled, showcasing wood flooring in the living areas and bedrooms, tile flooring in the kitchens

    Chloe Chan Pinnacle Real Estate Group

    Section Image
  • 4185 E Grand Ave Unit A-B, Pomona, CA 91766

    $795,000

    • 4 Beds
    • 2 Baths
    • 1,766 Sq Ft
    • 4185 E Grand Ave
    • Unit A-B
    • Pomona, CA

    Excellent Pomona Investment Duplex: Immediate Income & Future Growth Potential! Discover this well-maintained duplex in a desirable Pomona location, currently offering stable month-to-month tenants and strong rent upside. It features two spacious 2-bedroom, 1-bathroom units, each with its own detached garage and laundry room. Recent upgrades include newer windows, fresh paint (both completed in

    Francine Chang Canaan Home Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Liu Jiahong $480,000 Clearmark Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Jiahong $472,500
Closed Liu Jiahong $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2020 11/24/20 Sold $480,000 -3.0% $259 / Sq Ft
10/23/2020 10/23/20 Price Changed $495,000 0.0% $268 / Sq Ft
10/23/2020 10/23/20 For Sale $495,000 -- $268 / 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
2024 $6,594 $509,379 $339,586 $169,793
2023 $6,463 $499,392 $332,928 $166,464
2022 $6,362 $489,600 $326,400 $163,200
2021 $6,215 $480,000 $320,000 $160,000
2020 $1,489 $82,575 $21,097 $61,478
2019 $1,512 $80,957 $20,684 $60,273
2018 $1,349 $79,371 $20,279 $59,092
2016 $1,257 $76,292 $19,493 $56,799
2015 $1,248 $75,147 $19,201 $55,946
2014 $1,253 $73,676 $18,825 $54,851
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20221989

California Regional Multiple Listing Service (CRMLS)

APN: 8348-016-016