NOT LISTED FOR SALE

1379 S Gibbs St Pomona, CA 91766

Downtown Pomona Neighborhood

Estimated Value: $1,377,000 - $1,484,000

7 Beds
4 Baths
3,360 Sq Ft
$425/Sq Ft Est. Value

Last Sold December 20, 2019

Last sale price $750,000 $223 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $8,908/month

13 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • 0.46 Acre Lot
  • Park
  • Rectangular Lot

About This Home

As of December 2019

BIG TRIPLEX ON ALMOST HALF ACRE LOT -19,852 SF. BUILT 1957, FRONT DUPLEX 2BED 1BATH EACH UNIT SIDE BY SIDE, 800sf EACH.
REAR HOUSE WITH 3BED 2BATH, 1760 SF. VERY NICE SETUP. ALSO HAS ABOUT 10,000 SF OF YARD BEHIND THE REAR HOUSE.
SEPARATE METERS, OWNER PAYS WATER ONLY. R2 ZONE

Last Agent to Sell the Property

Ronald Sandoval

THE REALTY SHOP License #01267148 Listed on: 10/31/2019

Last Buyer's Agent

Harry Shang

Great Wall Realty Inc. License #01833183

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,153

Year Built

  • Built in 1958

Lot Details

  • 0.46 Acre Lot
  • 1 Common Wall
  • Rectangular Lot
  • Level Lot
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • Property Attached
  • Composition Roof

Interior Spaces

  • 3,360 Sq Ft Home
  • Carpet

Bedrooms and Bathrooms

  • 7 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 3 / 190
  • Assessor Parcel Number 8333020012

Community Details

Overview

  • 2 Buildings
  • 3 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Water Sewer Expense $2,700
  • New Taxes Expense $9,687
  • Operating Expense $13,567
  • Gross Income $39,000
  • Net Operating Income $25,613

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,153

Year Built

Built in 1958

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2700.00
  • Zoning: POR23000*
  • Property Type: Residential Income
  • Parcel Number: 8333020012
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Levels: One
  • Price Per Square Foot: 223.21
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Park, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Lot 10000-19999 Sqft, Rectangular Lot, Level
  • Lot Size Sq Ft: 19852.00
  • Lot Size Acres: 0.4557

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 39000.00
  • Gross Scheduled Income: 39000.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 19852.0000 Square Feet
  • Net Operating Income: 25613.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 13387.00
  • Rent Control: No
  • Total Actual Rent: 3250.00
  • Total Expenses: 13567.00

Tax Info

  • New Taxes Expense: 9687.00
  • Tax Block: 190
  • Tax Census Tract: 4028.03
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2019
Closed on
Nov 22, 2019
Sold by
Camou Sandra Jo Beck and Beck Family Trust
Bought by
Shang Honghua and Cai Puchun
Seller's Agent
Ronald Sandoval
THE REALTY SHOP
Buyer's Agent
Harry Shang
Great Wall Realty Inc.
List Price
$775,000
Sold Price
$750,000
Premium/Discount to List
-$25,000
-3.23%
Current Estimated Value
$1,426,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$676,450
Avg. Annual Appreciation
11.76%
Original Mortgage
$500,000
Outstanding Balance
$439,871
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
$986,579

Purchase Details

Closed on
Jul 16, 1997
Sold by
Beck Thelma C
Bought by
Beck Winfred L and Beck Thelma C

Purchase Details

Closed on
Apr 27, 1995
Sold by
Gibson Ollie A
Bought by
Beck Thelma C
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
Shang Honghua $750,000 Westminster Title Company
Beck Winfred L -- --
Beck Winfred L -- --
Beck Thelma C -- --
Beck Thelma C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shang Honghua $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2019 12/20/19 Sold $750,000 -3.2% $223 / Sq Ft
11/13/2019 11/13/19 Pending -- -- --
10/31/2019 10/31/19 For Sale $775,000 -- $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 $16,153 $1,300,500 $884,340 $416,160
2024 $16,153 $1,275,000 $867,000 $408,000
2023 $15,835 $1,250,000 $850,000 $400,000
2022 $10,201 $772,924 $412,226 $360,698
2021 $9,967 $757,770 $404,144 $353,626
2020 $10,685 $750,000 $400,000 $350,000
2019 $1,581 $51,365 $15,574 $35,791
2018 $1,327 $50,359 $15,269 $35,090
2016 $1,229 $48,405 $14,677 $33,728
2015 $1,222 $47,679 $14,457 $33,222
2014 $1,242 $46,746 $14,174 $32,572
Source: Public Records

Agents Affiliated with this Home

  • Ronald Sandoval

    Seller's Agent in 2019

    Ronald Sandoval

    THE REALTY SHOP

    (909) 241-3362

    39 Total Sales

    Ronald Sandoval
    Section Image

  • H

    Buyer's Agent in 2019

    Harry Shang

    Great Wall Realty Inc.

    (626) 283-6693

    2 in this area

    87 Total Sales

    Harry Shang
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV19255040

California Regional Multiple Listing Service (CRMLS)

APN: 8333-020-012

California Los Angeles County Pomona 91766 Downtown Pomona

1379 S Gibbs St, Pomona, CA

This home is located at 1379 S Gibbs St, Pomona, CA 91766 since 31 October 2019 and is currently estimated at $1,426,450, approximately $424 per square foot. This property was built in 1958. 1379 S Gibbs St is a home located in Los Angeles County with nearby schools including Madison Elementary School, Simons Middle School, and Garey High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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