NOT LISTED FOR SALE

Estimated Value: $774,971 - $991,000

4 Beds
3 Baths
12,056 Sq Ft
$75/Sq Ft Est. Value

Sale Details

Date Sold: May 25, 2022

Last sale price $3,687,500 $306 Per Sq Ft

Current estimated payment $5,601 / mo

29 Days on Market

Highlights

  • 1.04 Acre Lot
  • Corner Lot
  • Laundry Room

About This Home

As of May 2022

This Rare 12 Unit property consists of Six Separately Parceled Duplexes! Because of this, a buyer can utilize Residential Financing to purchase these Individually, or as Three separate Fourplexes.
The Unit Mix consists of 100% - 2 Bedroom Single-Story Units with Garages and Washer/Dryer Hookups, and is located on a Quiet SFR street. From this desirable location, tenants area across the street from the Pomona Valley
Hospital & Cancer Center, 1 Mile to the Pomona Fairgrounds, 1.5 Miles to the Claremont Colleges & 3.5 Miles to Cal Poly Pomona. Buy now, and sell individually for a Profit in the future.

Last Agent to Sell the Property

Pat Swanson

Pat Swanson License #01382974 Listed on: 02/17/2022

Last Buyer's Agent

ERIC RAYGOZA

NEXT Brokerage License #02085584

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 1.04 Acre Lot
  • Two or More Common Walls
  • Corner Lot
  • 8362005042,8362005043,8362005044,8362016007,8362016008

Parking

  • 12 Open Parking Spaces
  • 12 Car Garage

Home Design

  • 12,056 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tax Lot 38
  • Tax Tract Number 25617
  • Assessor Parcel Number 8362005041
  • $3,235 per year additional tax assessments

Community Details

Overview

  • 6 Buildings
  • 12 Units

Building Details

  • 12 Separate Electric Meters
  • 12 Separate Gas Meters
  • 12 Separate Water Meters
  • Insurance Expense $3,804
  • Water Sewer Expense $10,500
  • Operating Expense $77,478
  • Gross Income $203,543
  • Net Operating Income $126,065

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

1.04 Acres

Parking

12

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 10500.00
  • Zoning: POR2*
  • Property Type: Residential Income
  • Parcel Number: 8362005041
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 305.86

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 12.00
  • Total Parking Spaces: 24.00
  • Uncovered Spaces: 12.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 8362005042,8362005043,8362005044,8362016007,8362016008
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 45478.00
  • Lot Size Acres: 1.0440

Multi Family

  • Gross Income: 203543.00
  • Gross Scheduled Income: 209220.00
  • Insurance Expense: 3804.00
  • Lot Size Area: 45478.0000 Square Feet
  • Net Operating Income: 126065.00
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 12
  • Number Of Separate Water Meters: 12
  • Number Of Units Total: 12
  • Operating Expense: 77478.00
  • Rent Control: No
  • Total Expenses: 77478.00

Tax Info

  • Tax Census Tract: 4021.02
  • Tax Lot: 38
  • Tax Tract Number: 25617
  • TaxOtherAnnualAssessmentAmount: 3235.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2019
Sold by
Waite Edward D and Waite Dana R
Bought by
Waite Edward D and Waite Dana R
Current Estimated Value
$910,976
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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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
Waite Edward D -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2022 05/25/22 Sold $3,687,500 -4.8% $306 / Sq Ft
03/18/2022 03/18/22 Pending -- -- --
03/01/2022 03/01/22 Price Changed $3,875,000 -7.6% $321 / Sq Ft
02/17/2022 02/17/22 For Sale $4,195,000 -- $348 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,859 $663,253 $449,315 $213,938
2024 $8,859 $650,249 $440,505 $209,744
2023 $8,125 $637,500 $431,868 $205,632
2022 $1,647 $92,038 $16,516 $75,522
2021 $1,599 $90,235 $16,193 $74,042
2019 $1,617 $87,560 $15,713 $71,847
2018 $1,447 $85,844 $15,405 $70,439
2016 $1,348 $82,511 $14,807 $67,704
2015 $1,338 $81,273 $14,585 $66,688
2014 $1,343 $79,682 $14,300 $65,382
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22031872

California Regional Multiple Listing Service (CRMLS)

APN: 8362-016-007

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