NOT LISTED FOR SALE

1377 Abbey Ln Pomona, CA 91767

Pomona East Neighborhood

Estimated Value: $1,124,000 - $1,252,697

8 Beds
4 Baths
3,592 Sq Ft
$330/Sq Ft Est. Value

Last Sold May 15, 2018

Last sale price $789,000 $220 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $7,104/month

33 Days on Market

About This Home

As of May 2018

Great Investment property, Lately Upgrade two units upstairs, New paint, New Laminated Floor, and well maintained, Easy to manage. 2 units upstairs and 2 units down. 4 garages. extra parking spaces within the lot.

Last Agent to Sell the Property

Chris Park

168 Realty Inc. License #01488446 Listed on: 03/21/2018

Last Buyer's Agent

Kiet Truong

TopSky Realty Inc License #01860551

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 7,430 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot

Parking

  • 4 Car Garage
  • Carport
  • Parking Available
  • Assigned Parking

Home Design

  • 3,592 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 6
  • Tax Tract Number 20535
  • Assessor Parcel Number 8323029019

Community Details

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $444
  • Fuel Expense $480
  • Insurance Expense $1,855
  • Trash Expense $1,490
  • Water Sewer Expense $592
  • New Taxes Expense $7,666
  • Operating Expense $12,527
  • Gross Income $43,693
  • Net Operating Income $42,673

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 592.00
  • Zoning: POR301
  • Property Type: Residential Income
  • Parcel Number: 8323029019
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 219.65

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Carport
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1490.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 7430.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 444.00
  • Fuel Expense: 480.00
  • Gross Income: 43693.00
  • Gross Scheduled Income: 55200.00
  • Insurance Expense: 1855.00
  • Laundry Income: 1020.00
  • Net Operating Income: 42673.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 12527.00
  • Rent Control: No
  • Total Actual Rent: 4600.00
  • Total Expenses: 12527.00

Tax Info

  • New Taxes Expense: 7666.00
  • Tax Census Tract: 4027.02
  • Tax Lot: 6
  • Tax Tract Number: 20535

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2018
Closed on
May 9, 2018
Sold by
Jms Management And Investment Inc
Bought by
Ng Wo Mei
Seller's Agent
Chris Park
168 Realty Inc.
Buyer's Agent
Kiet Truong
TopSky Realty Inc
List Price
$830,000
Sold Price
$789,000
Premium/Discount to List
-$41,000
-4.94%
Current Estimated Value
$1,183,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,674
Avg. Annual Appreciation
5.40%

Purchase Details

Closed on
Nov 19, 2014
Sold by
Wang Yan
Bought by
Jms Management & Investment Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 2012
Sold by
Goldberg Jarred
Bought by
Wang Yan

Purchase Details

Closed on
Sep 25, 2002
Sold by
Lindsey Bruce
Bought by
Goldberg Jarred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
5.96%

Purchase Details

Closed on
Aug 2, 2000
Sold by
Hud
Bought by
Lindsey Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,125
Interest Rate
8.11%

Purchase Details

Closed on
Mar 31, 2000
Sold by
Fannie Mae
Bought by
Hud

Purchase Details

Closed on
Oct 27, 1999
Sold by
Arevalo Gregorio and Iglesias Richard
Bought by
Fannie Mae

Purchase Details

Closed on
Nov 20, 1998
Sold by
Iglesias Ricardo and Arevalo Gregorio
Bought by
Arevalo Gregorio

Purchase Details

Closed on
Aug 16, 1996
Sold by
Coast Federal Bank Fsb
Bought by
Arevalo Gregorio and Iglesias Ricardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,550
Interest Rate
7.95%

Purchase Details

Closed on
Mar 21, 1996
Sold by
Rivera Peter J and Rivera Reyneri F
Bought by
Coast Federal Bank Fsb
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ng Wo Mei $789,000 Stewart Title
Jms Management & Investment Inc $555,000 Provident Title Company
Wang Yan -- None Available
Goldberg Jarred $270,000 Chicago Title Co
Lindsey Bruce $192,000 Stewart Title
Hud -- United Title Company
Fannie Mae $167,994 Chicago Title Co
Arevalo Gregorio -- --
Arevalo Gregorio $129,000 Chicago Title Insurance Co
Arevalo Gregorio -- --
Coast Federal Bank Fsb $130,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jms Management & Investment Inc $195,000
Previous Owner Goldberg Jarred $256,500
Previous Owner Lindsey Bruce $182,125
Previous Owner Arevalo Gregorio $164,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2018 05/15/18 Sold $789,000 0.0% $220 / Sq Ft
04/17/2018 04/17/18 Price Changed $789,000 -4.9% $220 / Sq Ft
03/21/2018 03/21/18 For Sale $830,000 -- $231 / 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 $11,491 $897,742 $442,612 $455,130
2024 $11,491 $880,140 $433,934 $446,206
2023 $11,265 $862,883 $425,426 $437,457
2022 $11,088 $845,965 $417,085 $428,880
2021 $10,829 $829,378 $408,907 $420,471
2020 $10,794 $820,875 $404,715 $416,160
2019 $11,066 $804,780 $396,780 $408,000
2018 $7,797 $586,225 $316,879 $269,346
2016 $7,309 $563,463 $304,575 $258,888
2015 $4,692 $338,121 $204,922 $133,199
2014 $4,679 $331,498 $200,908 $130,590
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    Chris Park

    168 Realty Inc.

    (626) 810-8000

    2 Total Sales

    Chris Park
    Section Image

  • K

    Buyer's Agent in 2018

    Kiet Truong

    TopSky Realty Inc

    (626) 447-9521

    23 Total Sales

    Kiet Truong
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR18065735

California Regional Multiple Listing Service (CRMLS)

APN: 8323-029-019

California Los Angeles County Pomona 91767 Pomona East

1377 Abbey Ln, Pomona, CA

Not Listed for Sale

MultiFamily

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