NOT LISTED FOR SALE

146 Pomona Ave Long Beach, CA 90803

Belmont Shore Neighborhood

Estimated Value: $1,737,000 - $1,920,414

2 Beds
2 Baths
2,120 Sq Ft
$844/Sq Ft Est. Value

Last Sold July 25, 2012

Last sale price $750,000 $354 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $10,498/month

214 Days on Market

Highlights

  • Contemporary Architecture
  • Naples Bayside Academy Rated A
  • No Heating

About This Home

As of July 2012

Three Spacious One Bedroom One Bath Units located in the trendy Belmont Shore Neighborhood. Super Clean!! Modern Features make this triplex an excellent investment property, or perfect to live in one and let your tenants pay the mortgage! Drive Subject to inspection, please do not disturb occupants. I can get you into one of the units with 24 hour notice. 2 of the units have remodeled baths. They are all wonderful living spaces, and very desirable! Very well maintained!Recently restuccoed, and newer walk up mail boxes and steps. Large carport could accomodate 6 parking spaces with smaller cars(3 x 2 if parking tandem). Community Laundry Room. Actual monthly rent is $3385. 2 of the one bedrooms are currently rented at $1200. 1 long term tenant (seven years) pays $985 per month it should be at least $1200 too. Owners have never raised the rent!

Last Agent to Sell the Property

Cynthia Voss

Re/Max R. E. Specialists License #00881330 Listed on: 12/13/2011

Re/Max R. E. Specialists

Last Buyer's Agent

Rob Demate

TLC Real Estate Services Inc License #01245045

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,009

Year Built

  • Built in 1971

Lot Details

  • 2,482 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • 2,120 Sq Ft Home
  • Contemporary Architecture

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • No Heating
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Tract Number 4029
  • Assessor Parcel Number 7245001019
  • Tax Block 11

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • New Taxes Expense $9,381
  • Gross Income $3,375
  • Net Operating Income $40,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,009

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 5.09
  • View: No
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 7245001019
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 353.77

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: No
  • Laundry: No
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 2482.00
  • Lot Size Acres: 0.0570

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 3375.00
  • Gross Multiplier: 19.63
  • Gross Scheduled Income: 40500.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 2482.0000 Square Feet
  • Net Operating Income: 40500.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3

Tax Info

  • New Taxes Expense: 9381.00
  • Tax Area: 5500
  • Tax Block: 11
  • Tax Tract Number: 4029

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2011
Closed on
Jun 8, 2012
Sold by
Stuhlbarg Emily and Gerardi Family 1987 Trust
Bought by
Beck Martin
Seller's Agent
Cynthia Voss
Re/Max R. E. Specialists
Buyer's Agent
Rob Demate
TLC Real Estate Services Inc
List Price
$849,000
Sold Price
$750,000
Premium/Discount to List
-$99,000
-11.66%
Total Days on Market
214
Current Estimated Value
$1,789,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,039,604
Avg. Annual Appreciation
7.09%
Original Mortgage
$600,000
Interest Rate
3.65%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Beck Martin $750,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beck Martin $1,230,000
Closed Beck Martin $140,636
Closed Beck Martin $840,000
Closed Beck Martin $30,000
Previous Owner Beck Martin $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2012 07/25/12 Sold $750,000 -11.7% $354 / Sq Ft
07/14/2012 07/14/12 Pending -- -- --
12/13/2011 12/13/11 For Sale $849,000 -- $400 / 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 $12,009 $920,630 $585,526 $335,104
2023 $11,805 $902,580 $574,046 $328,534
2022 $11,079 $884,884 $562,791 $322,093
2021 $10,857 $867,534 $551,756 $315,778
2019 $10,701 $841,805 $535,392 $306,413
2018 $10,427 $825,300 $524,895 $300,405
2016 $9,593 $793,254 $504,513 $288,741
2015 $9,205 $781,339 $496,935 $284,404
2014 $9,142 $766,034 $487,201 $278,833
Source: Public Records

Agents Affiliated with this Home

  • Cynthia Voss

    Seller's Agent in 2012

    Cynthia Voss

    RE/MAX

    (562) 884-3930

    1 in this area

    27 Total Sales

    Cynthia Voss
    Section Image

  • R

    Buyer's Agent in 2012

    Rob Demate

    TLC Real Estate Services Inc

    (714) 809-6076

    8 Total Sales

    Rob Demate
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P805861

California Regional Multiple Listing Service (CRMLS)

APN: 7245-001-019

California Los Angeles County Long Beach 90803 Belmont Shore

146 Pomona Ave, Long Beach, CA

This home is located at 146 Pomona Ave, Long Beach, CA 90803 since 13 December 2011 and is currently estimated at $1,789,604, approximately $844 per square foot. This property was built in 1971. 146 Pomona Ave is a home located in Los Angeles County with nearby schools including Naples Bayside Academy, Rogers Middle School, and Woodrow Wilson 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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