NOT LISTED FOR SALE

Estimated Value: $974,000 - $1,231,547

8 Beds
7 Baths
3,970 Sq Ft
$283/Sq Ft Est. Value

Last Sold January 23, 2020

Last sale price $775,000 $195 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $7,112/month

76 Days on Market

Highlights

  • Park
  • Laundry Room
  • Rectangular Lot

About This Home

As of January 2020

INVESTOR HUNT!!! WELL MAINTAINED FOUR UNIT APARTMENT COMPLEX IN POMONA. GREAT LOCATION & CLOSE PROXIMITY TO HWY 71 AND 60 FWY. UNIT INCLUDES COIN LAUNDRY ROOM, LARGE FRONT YARD WITH BEAUTIFUL LANDSCAPING; INCLUDING PRODUCTIVE AVOCADO AND OLIVE TREES. ALL UNITS HAVE REMAINED RENTED FOR 2 DECADES WITH THE SAME TENANTS! NOI NET OPERATING INCOME EASILY IMPROVED BY APPLYING THE CURRENT MARKET RENT AND WAVING UNNECESSARY EXPENSES.

Last Agent to Sell the Property

John Ibrahim

STATEVILLE REALTY License #01799778 Listed on: 10/22/2019

Last Buyer's Agent

Roxana Orellana

First Team Real Estate License #01490038

First Team Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,891

Year Built

  • Built in 1964

Lot Details

  • 7,177 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot

Parking

  • 4 Car Garage

Home Design

  • 3,970 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 27496
  • Assessor Parcel Number 8331023034

Community Details

Recreation

  • Park

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $300
  • Fuel Expense $600
  • Gardener Expense $600
  • Insurance Expense $1,800
  • Trash Expense $2,400
  • Water Sewer Expense $1,800
  • Operating Expense $7,500
  • Gross Income $480
  • Net Operating Income $48,480

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,891

Year Built

Built in 1964

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1800.00
  • Zoning: POR31000*
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 8331023034
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 195.21

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 2400.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 7177.00
  • Lot Size Acres: 0.1648

Multi Family

  • Electric Expense: 300.00
  • Fuel Expense: 600.00
  • Gross Income: 480.00
  • Gross Scheduled Income: 55680.00
  • Insurance Expense: 1800.00
  • Laundry Income: 480.00
  • Lot Size Area: 7177.0000 Square Feet
  • Net Operating Income: 48480.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 7200.00
  • Rent Control: Yes
  • Total Expenses: 7500.00

Tax Info

  • Tax Census Tract: 4029.02
  • Tax Lot: 8
  • Tax Tract Number: 27496

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2019
Closed on
Jan 9, 2020
Sold by
St George Properties Inc
Bought by
Ulloa Eleuterio and Ulloa Francisca
Seller's Agent
John Ibrahim
STATEVILLE REALTY
Buyer's Agent
Roxana Orellana
First Team Real Estate
List Price
$775,000
Sold Price
$775,000
Current Estimated Value
$1,132,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$357,998
Avg. Annual Appreciation
7.06%

Purchase Details

Closed on
Jul 12, 2013
Sold by
Sawires Sherin F and Sherin F Sawires Living Trust
Bought by
St George Properties Inc

Purchase Details

Closed on
Jan 13, 2013
Sold by
Sawires Sherin F and Sherin F Sawires Living Trust
Bought by
Sawires Sherin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
3.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2013
Sold by
Sawires Sherin
Bought by
Sawires Sherin F and Sherin F Sawires Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
3.28%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 13, 2012
Closed on
Jun 22, 2012
Sold by
Sawires Sherin
Bought by
Sawires Sherin F and Sherin F Sawires Living Trust
Seller's Agent
TONY YU
METRO REAL ESTATE
Buyer's Agent
Jason Samia
Beach Cities Properties, Inc.
List Price
$480,000
Sold Price
$395,000
Premium/Discount to List
-$85,000
-17.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.30%

Purchase Details

Listed on
Feb 13, 2012
Closed on
May 3, 2012
Sold by
Lee Shannon H and Lee Shannon
Bought by
Sawires Sherin
Seller's Agent
TONY YU
METRO REAL ESTATE
Buyer's Agent
Jason Samia
Beach Cities Properties, Inc.
List Price
$480,000
Sold Price
$395,000
Premium/Discount to List
-$85,000
-17.71%

Purchase Details

Closed on
Mar 19, 2012
Sold by
Lee Gordon K
Bought by
Lee Shannon

Purchase Details

Closed on
Dec 6, 1999
Sold by
Stevenson Bruce and The Bruce Stevenson Revocable
Bought by
Lee Gordon K and Lee Shannon H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,900
Interest Rate
7.84%

Purchase Details

Closed on
Oct 7, 1999
Sold by
Stevenson Bruce
Bought by
Stevenson Bruce and Bruce Stevenson Revocable Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,900
Interest Rate
7.84%

Purchase Details

Closed on
May 28, 1996
Sold by
Home Svgs Of America Fsb
Bought by
Stevenson Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,480
Interest Rate
8.25%

Purchase Details

Closed on
Jan 29, 1996
Sold by
Dale Thomas H and Dale Patricia Ann
Bought by
Home Svgs Of America Fsb
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
Ulloa Eleuterio $775,000 Corinthian Title Company
St George Properties Inc -- None Available
Sawires Sherin -- Title365
Sawires Sherin F -- Accommodation
Sawires Sherin F -- None Available
Sawires Sherin $380,000 Pacific Coast Title
Lee Shannon -- None Available
Lee Gordon K $191,000 American Title Co
Stevenson Bruce -- --
Stevenson Bruce $126,000 Stewart Title
Home Svgs Of America Fsb $117,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sawires Sherin $255,000
Previous Owner Lee Shannon $150,000
Previous Owner Lee Gordon K $173,800
Previous Owner Lee Gordon K $171,900
Previous Owner Stevenson Bruce $100,480
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2020 01/23/20 Sold $775,000 0.0% $195 / Sq Ft
12/24/2019 12/24/19 For Sale $775,000 0.0% $195 / Sq Ft
10/28/2019 10/28/19 Off Market $775,000 -- --
10/22/2019 10/22/19 For Sale $775,000 +96.2% $195 / Sq Ft
05/30/2012 05/30/12 Sold $395,000 -17.7% $99 / Sq Ft
03/25/2012 03/25/12 Pending -- -- --
02/13/2012 02/13/12 For Sale $480,000 -- $121 / 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 $10,891 $847,572 $492,139 $355,433
2024 $10,891 $830,954 $482,490 $348,464
2023 $10,676 $814,662 $473,030 $341,632
2022 $10,508 $798,689 $463,755 $334,934
2021 $10,258 $783,029 $454,662 $328,367
2020 $6,577 $470,770 $235,385 $235,385
2019 $6,727 $461,540 $230,770 $230,770
2018 $6,215 $452,492 $226,246 $226,246
2016 $5,817 $434,922 $217,461 $217,461
2015 $5,769 $428,390 $214,195 $214,195
2014 $5,746 $420,000 $210,000 $210,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV19247790

California Regional Multiple Listing Service (CRMLS)

APN: 8331-023-034