NOT LISTED FOR SALE

Estimated Value: $1,109,000 - $1,436,000

12 Beds
8 Baths
4,320 Sq Ft
$297/Sq Ft Est. Value

Last Sold June 27, 2019

Last sale price $815,000 $189 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $7,968/month

48 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Wall Furnace
  • Cooling System Mounted To A Wall/Window
  • Wrought Iron Fence

About This Home

As of June 2019

Great Investment ! 4 unit apartment community in the city of Pomona. Borders great city of Chino Hills. this 4 unit apartment building located in a high rental location of Pomona. 60 and 71 freeway access, schools, shopping and transportation all very close. All units are 3 bedrooms and 1.5 baths and each unit has its own 1 car private garage. Full occupancy with long established tenants. All units have been "above ground" copper re-piped from city meter. All 4 units recently installed energy savings water heater and new laminate flooring on downstairs one unit. New 7000 sqft city built park with kid's playground and basketball court was finished year ago in front of this 4 unit property.

Last Agent to Sell the Property

Connie An

Bestway Realty License #01725876 Listed on: 03/16/2019

Last Buyer's Agent

Connie An

Bestway Realty License #01725876 Listed on: 03/16/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,653

Year Built

  • Built in 1965

Lot Details

  • 7,246 Sq Ft Lot
  • Two or More Common Walls
  • Wrought Iron Fence
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 4,320 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 27497
  • Assessor Parcel Number 8331024005

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $480
  • Fuel Expense $1,200
  • Gardener Expense $1,500
  • Insurance Expense $1,500
  • Trash Expense $2,232
  • Water Sewer Expense $1,800
  • New Taxes Expense $8,152
  • Operating Expense $16,864
  • Gross Income $660
  • Net Operating Income $50,748

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,653

Year Built

Built in 1965

Lot Details

0

Parking

4

Listing Details

  • CapRate: 5.40
  • Property Attached: Yes
  • Water Sewer Expenses: 1800.00
  • Zoning: POR31000*
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1500.00
  • Parcel Number: 8331024005
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 188.66

Exterior Features

  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Unknown
  • Trash Expense: 2232.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7246.00
  • Lot Size Acres: 0.1663

Multi Family

  • Electric Expense: 480.00
  • Fuel Expense: 1200.00
  • Gross Income: 660.00
  • Gross Scheduled Income: 59460.00
  • Insurance Expense: 1500.00
  • Laundry Income: 55.00
  • Lot Size Area: 7246.0000 Square Feet
  • Net Operating Income: 50748.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 8712.00
  • Rent Control: No
  • Total Expenses: 16864.00

Tax Info

  • New Taxes Expense: 8152.00
  • Tax Census Tract: 4029.02
  • Tax Lot: 5
  • Tax Tract Number: 27497

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2021
Sold by
Dhiman Naveen K and Dhiman Poonam
Bought by
Dhiman Naveen Kumar and Dhiman Poonam
Current Estimated Value
$1,284,236

Purchase Details

Listed on
Mar 16, 2019
Closed on
Jun 11, 2019
Sold by
Hwang Kathy N
Bought by
Dhiman Naveen K and Dhiman Poonam
Seller's Agent
Connie An
Bestway Realty
Buyer's Agent
Connie An
Bestway Realty
List Price
$789,000
Sold Price
$815,000
Premium/Discount to List
$26,000
3.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.20%
Original Mortgage
$607,500
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2019
Sold by
Hwang Kelly
Bought by
Hwang Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$607,500
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 27, 2014
Closed on
Sep 12, 2014
Sold by
Mcentire Thomas K and Thomas K Mcentire Trust
Bought by
Hwang Kelly and Hwang Kathy
Seller's Agent
Tom Thompson
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Connie An
Bestway Realty
List Price
$598,000
Sold Price
$580,000
Premium/Discount to List
-$18,000
-3.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.79%
Original Mortgage
$390,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2011
Sold by
Mcentire Thomas K and The Thomas K Mcentire Trust
Bought by
Mcentire Thomas K and The Thomas K Mcentire Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,400
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2005
Sold by
Zeng Jin and Sun Linlin
Bought by
Mcentire Thomas K and The Thomas K Mcentire Family T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.46%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 5, 2004
Sold by
Sun Linlin
Bought by
Zeng Jin and Sun Linlin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 4, 2004
Sold by
Zeng Jin
Bought by
Sun Linlin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 26, 2001
Sold by
Chaparyan Oganes and Chparyan Oganes
Bought by
Saavedra Arturo and Saavedra Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,600
Interest Rate
7.05%

Purchase Details

Closed on
Apr 28, 2000
Sold by
Bickham John F and Bickham Gladys
Bought by
Chparyan Oganes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,118
Interest Rate
8.18%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 23, 1994
Sold by
Home Svgs Of America Fsb
Bought by
Bickham John F and Bickham Gladys

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
7.21%
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
Dhiman Naveen Kumar -- None Available
Dhiman Naveen K $815,000 Corinthian Title Co
Hwang Kathy -- Accommodation
Hwang Kelly $580,000 Fidelity National Title Co
Mcentire Thomas K -- North American Title Co Inc
Mcentire Thomas K $790,000 United Independent Title
Zeng Jin -- --
Sun Linlin -- Southland Title
Sun Linlin $350,000 Southland Title
Saavedra Arturo $232,000 Stewart Title
Chparyan Oganes $218,000 Gateway Title Company
Bickham John F $160,000 World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dhiman Naveen K $611,250
Closed Dhiman Naveen K $607,500
Previous Owner Hwang Kelly $390,000
Previous Owner Mcentire Thomas K $230,410
Previous Owner Mcentire Thomas K $236,400
Previous Owner Mcentire Thomas K $250,000
Previous Owner Zeng Jin $101,000
Previous Owner Sun Linlin $262,500
Previous Owner Saavedra Arturo $185,600
Previous Owner Chparyan Oganes $216,118
Previous Owner Bickham John F $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2019 06/27/19 Sold $815,000 +3.3% $189 / Sq Ft
03/16/2019 03/16/19 For Sale $789,000 +36.0% $183 / Sq Ft
10/29/2014 10/29/14 Sold $580,000 -3.0% $134 / Sq Ft
09/04/2014 09/04/14 Pending -- -- --
08/27/2014 08/27/14 For Sale $598,000 -- $138 / 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 $11,653 $909,143 $446,205 $462,938
2024 $11,653 $891,317 $437,456 $453,861
2023 $11,424 $873,841 $428,879 $444,962
2022 $11,245 $856,708 $420,470 $436,238
2021 $10,977 $839,911 $412,226 $427,685
2020 $10,941 $831,300 $408,000 $423,300
2019 $2,276 $624,885 $323,216 $301,669
2018 $8,152 $612,633 $316,879 $295,754
2016 $7,634 $588,845 $304,575 $284,270
2015 $7,570 $580,000 $300,000 $280,000
2014 $7,308 $550,000 $409,100 $140,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19056761

California Regional Multiple Listing Service (CRMLS)

APN: 8331-024-005