NOT LISTED FOR SALE

Estimated Value: $635,000 - $726,395

4 Beds
2 Baths
1,500 Sq Ft
$467/Sq Ft Est. Value

Last Sold June 04, 2024

Last sale price $695,000 $463 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,079/month

6 Days on Market

Highlights

  • Craftsman Architecture
  • Wood Flooring
  • Private Yard
  • Property is near a park
  • Attic
  • No HOA

About This Home

As of June 2024

EXCELLENT VALUE!! Bread and butter duplex (2 units). Tenants pay rent like clockwork. Excellent quiet family neighborhood located on a quiet large lot in the preferred part of North Pomona (North of the 10 Freeway and East of White Ave) in the Yorba District. Lot sides and backs to alley affording extra privacy. Nice wide street. Walking distance to nearby Ganesha Park, the Pomona Fairgrounds and the Pomona Valley Hospital and medical district. These two (2) comfortable 2 bedrooms with 1 bath rental homes are a great buy for the price. Features include: Custom kitchens with eating area. Original natural hardwood flooring, Updated windows, Lots of light. Whole house fans in each home. Each tenant has their own side by side washer and dryer located in the garage. Nice sized living rooms, 2 car detached garage (one side for each tenant) and an extra large backyard. Front unit has a fireplace in living room and newer AC unit and a large front yard area - rear unit has a very large back yard area and wall/window AC. Two very nice families occupy these 2 homes (great longstanding tenants). These units have been impeccably maintained through the years: Recently some (not all) new plumbing pipes installed (re-piped) under the house, some (not all) new plumbing (new sewer lines out to street and some (not all) new water lines in) new water heater in the front house and some (not all) kitchen and bath fixtures in each, hardwood floors exposed and refinished in front home. Newly remodeled bathroom in front home. Please do not disturb tenants!!

Last Agent to Sell the Property

Walter Mitchell

Walter Mitchell, Broker Brokerage Phone: 949-370-9012 License #00982398 Listed on: 04/27/2024

Last Buyer's Agent

Richard Arellano

T.N.G. Real Estate Consultants License #01759161

T.N.G. Real Estate Consultants

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,319

Year Built

  • Built in 1950

Lot Details

  • 6,445 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • Partially Fenced Property
  • Fence is in average condition
  • Landscaped
  • Rectangular Lot
  • Level Lot
  • Sprinkler System
  • Private Yard
  • Lawn
  • Garden
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door
  • Garage Door Opener

Home Design

  • Duplex
  • Craftsman Architecture
  • Turnkey
  • Brick Exterior Construction
  • Raised Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Fireplace
  • Living Room
  • Storage
  • Sump Pump
  • Attic Fan

Kitchen

  • Gas Oven
  • Built-In Range
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Location

  • Property is near a park
  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Whole House Fan
  • Floor Furnace
  • Natural Gas Connected
  • Gas Water Heater
  • Sewer Paid
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Rain Gutters

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 7
  • Tax Tract Number 11257
  • Assessor Parcel Number 8359013013

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Park
  • Bike Trail

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $600
  • Trash Expense $100
  • Water Sewer Expense $100
  • Operating Expense $1,400
  • Gross Income $40,680
  • Net Operating Income $39,680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,319

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: 9493709012
  • Price Per Unit: 339500
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Gravel, Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System
  • View: No
  • Water Sewer Expenses: 100.00
  • Zoning: POR17200*
  • Architectural Style: Craftsman
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 8359013013
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Attic Fan, Built-in Features, Ceiling Fan(s), Storage, Sump Pump
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Wood
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 463.33
  • Room Type: All Bedrooms Down, Attic, Laundry, Living Room, Main Floor Bedroom

Exterior Features

  • Foundation: Raised
  • Exterior Features: Rain Gutters, Sump Pump
  • Fence: Yes
  • Fencing: Average Condition, Partial
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Brick, Drywall Walls, Frame, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Built-In Storage, Garage, Garage Faces Rear, Garage - Single Door, Garage Door Opener, Private
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Free-Standing Range, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Microwave, Water Heater
  • Electric: Electricity - On Property, Standard
  • Heating Type: Fireplace(s), Floor Furnace
  • Laundry Features: In Garage
  • Sewer: Sewer Paid
  • Trash Expense: 100.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s), Whole House Fan
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Park, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden, Landscaped, Lawn, Rectangular Lot, Level, Park Nearby, Sprinkler System, Yard
  • Lot Size Sq Ft: 6445.00
  • Lot Size Acres: 0.1480
  • Latitude Manual: 34.07988800

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Gross Income: 40680.00
  • Gross Scheduled Income: 40680.00
  • Insurance Expense: 600.00
  • Lot Size Area: 6445.0000 Square Feet
  • Net Operating Income: 39680.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 1000.00
  • Rent Control: No
  • Total Actual Rent: 3390.00
  • Total Expenses: 1400.00

Tax Info

  • Tax Census Tract: 4022.00
  • Tax Lot: 7
  • Tax Tract Number: 11257

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2024
Closed on
May 28, 2024
Sold by
Mitchell Revocable Trust and Mitchell Walter Roy
Bought by
Sanchez Sergio
Seller's Agent
Walter Mitchell
Walter Mitchell, Broker
Buyer's Agent
Richard Arellano
T.N.G. Real Estate Consultants
List Price
$679,000
Sold Price
$695,000
Premium/Discount to List
$16,000
2.36%
Views
51
Current Estimated Value
$724,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,766
Avg. Annual Appreciation
0.68%
Original Mortgage
$556,000
Outstanding Balance
$549,498
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$151,101

Purchase Details

Closed on
Jun 23, 1994
Sold by
Mitchell William and Mitchell Frances E
Bought by
Mitchell William and Mitchell Frances E
Source: Public Records

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
Sanchez Sergio $695,000 Fidelity National Title
Mitchell William -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Sergio $556,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2024 06/04/24 Sold $695,000 +2.4% $463 / Sq Ft
05/03/2024 05/03/24 Pending -- -- --
04/27/2024 04/27/24 For Sale $679,000 0.0% $453 / Sq Ft
01/27/2015 01/27/15 Rented $1,395 -3.8% --
01/27/2015 01/27/15 For Rent $1,450 +16.0% --
10/01/2013 10/01/13 Rented $1,250 0.0% --
09/25/2013 09/25/13 Under Contract -- -- --
09/09/2013 09/09/13 For Rent $1,250 -- --
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 $1,319 $708,900 $357,000 $351,900
2024 $1,319 $69,248 $16,140 $53,108
2023 $1,294 $67,891 $15,824 $52,067
2022 $1,269 $66,561 $15,514 $51,047
2021 $1,231 $65,257 $15,210 $50,047
2019 $1,242 $63,323 $14,760 $48,563
2018 $1,124 $62,082 $14,471 $47,611
2016 $1,050 $59,673 $13,910 $45,763
2015 $1,042 $58,778 $13,702 $45,076
2014 $1,049 $57,628 $13,434 $44,194
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP24084406

California Regional Multiple Listing Service (CRMLS)

APN: 8359-013-013