NOT LISTED FOR SALE

Estimated Value: $1,087,053 - $1,178,000

8 Beds
4 Baths
4,023 Sq Ft
$280/Sq Ft Est. Value

Last Sold December 13, 2024

Last sale price $1,100,000 $273 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,974/month

12 Days on Market

Highlights

  • Corner Lot
  • Fireplace
  • Laundry Room
  • No HOA
  • Views
  • Wrought Iron Fence

About This Home

As of December 2024

Discover a prime investment opportunity in Pomona! This well-maintained four-unit property offers spacious 2-bedroom, 1-bath units with strong rental potential. Situated in a desirable area, this property is perfect for investors looking to add a valuable asset to their portfolio. Don’t miss out on this chance to capitalize on the rental market—schedule your viewing today!

Last Agent to Sell the Property

Richard Reyes

The R.R. Network Brokerage Phone: 714-600-3334 License #01847699 Listed on: 08/24/2024

Last Buyer's Agent

Hercules Goes

The R.R. Network License #01990906

The R.R. Network

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 0.28 Acre Lot
  • No Common Walls
  • South Facing Home
  • Wrought Iron Fence
  • Corner Lot
  • Rectangular Lot

Parking

  • 4 Open Parking Spaces
  • 5 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Quadruplex
  • Split Level Home
  • Entry on the 1st floor

Interior Spaces

  • 4,023 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Laundry Room
  • Property Views

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • No Heating
  • Septic Type Unknown
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for gas, repairs, sewer, trash collection, water
  • Legal Lot and Block 5 / 170
  • Tax Tract Number 402
  • Assessor Parcel Number 8333014015
  • $1,146 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 5 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $150
  • New Taxes Expense $11,561
  • Operating Expense $11,711
  • Gross Income $44,460
  • Net Operating Income $3,406

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0.28 Acres

Parking

5

Listing Details

  • Assessments: Yes
  • CapRate: 4.44
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: POR31000*
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 8333014015
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Accessibility Features: See Remarks
  • Entry Level: 1
  • Levels: Two, Multi/Split
  • Price Per Square Foot: 273.43

Exterior Features

  • Direction Faces: South
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 9.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Heating: No
  • Laundry: Yes
  • Electric: Standard
  • Sewer: Unknown

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Value Percent: 22.34
  • Lot Features: Corner Lot, Lot 10000-19999 Sqft, Rectangular Lot
  • Lot Size Sq Ft: 12209.00
  • Lot Size Acres: 0.2803

Rental Info

  • Tenant Pays: Gas, Repairs, Sewer, Trash Collection, Water

Multi Family

  • Average1 Bed Area: 120 Square Feet
  • Average2 Bed Area: 120 Square Feet
  • Average3 Bed Area: 120 Square Feet
  • Average Studio Area: 1005 Square Feet
  • Gross Multiplier: 19.76
  • Gross Operating Income: 44460.00
  • Gross Scheduled Income: 48800.00
  • Gross Spendable Income: 45394.00
  • Insurance Expense: 150.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 12209.0000 Square Feet
  • Net Operating Income: 3405.80
  • Number Of Rented Garages: 5
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 3405.80
  • Rent Control: No
  • Total Actual Rent: 3900.00
  • Total Expenses: 11711.10
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 11561.00
  • Tax Block: 170
  • Tax Census Tract: 4028.03
  • Tax Lot: 5
  • Tax Tract Number: 402...
  • TaxOtherAnnualAssessmentAmount: 1145.80

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2024
Closed on
Dec 11, 2024
Sold by
Ramirez Nydia Carolina
Bought by
Ramirez Robert Junior
Seller's Agent
Richard Reyes
The R.R. Network
Buyer's Agent
Hercules Goes
The R.R. Network
List Price
$924,888
Sold Price
$1,100,000
Premium/Discount to List
$175,112
18.93%
Views
3
Current Estimated Value
$1,126,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,013
Avg. Annual Appreciation
2.00%
Original Mortgage
$806,250
Outstanding Balance
$799,089
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$326,924

Purchase Details

Listed on
Aug 24, 2024
Closed on
Nov 12, 2024
Sold by
Esparza Peggy E and Reyes Peggy E
Bought by
Arias Andres and Arias Roberto
Seller's Agent
Richard Reyes
The R.R. Network
Buyer's Agent
Hercules Goes
The R.R. Network
List Price
$924,888
Sold Price
$1,100,000
Premium/Discount to List
$175,112
18.93%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$806,250
Outstanding Balance
$799,089
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$326,924

Purchase Details

Closed on
Apr 29, 2002
Sold by
Lojero Abraham O and Lojero Aurora
Bought by
Lojero Abraham O and Lojero Aurora
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ramirez Robert Junior -- Wfg Title Company
Ramirez Robert Junior -- Wfg Title Company
Arias Roberto -- Wfg Title Company
Arias Andres $1,075,000 Wfg Title Company
Arias Andres $1,075,000 Wfg Title Company
Lojero Abraham O -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arias Andres $806,250
Closed Arias Andres $806,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2024 12/13/24 Sold $1,100,000 +18.9% $273 / Sq Ft
11/05/2024 11/05/24 For Sale $924,888 -15.9% $230 / Sq Ft
11/04/2024 11/04/24 Off Market $1,100,000 -- --
11/04/2024 11/04/24 For Sale $924,888 0.0% $230 / Sq Ft
09/05/2024 09/05/24 Pending -- -- --
09/05/2024 09/05/24 For Sale $924,888 -15.9% $230 / Sq Ft
09/04/2024 09/04/24 Off Market $1,100,000 -- --
09/04/2024 09/04/24 For Sale $924,888 -15.9% $230 / Sq Ft
08/24/2024 08/24/24 Off Market $1,100,000 -- --
08/24/2024 08/24/24 For Sale $924,888 -- $230 / 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 $2,297 $1,075,000 $770,000 $305,000
2024 $2,297 $95,848 $21,412 $74,436
2023 $2,260 $93,970 $20,993 $72,977
2022 $2,218 $92,129 $20,582 $71,547
2021 $2,145 $90,324 $20,179 $70,145
2020 $2,136 $89,399 $19,973 $69,426
2019 $2,155 $87,647 $19,582 $68,065
2018 $1,873 $85,930 $19,199 $66,731
2016 $1,736 $82,595 $18,454 $64,141
2015 $1,724 $81,355 $18,177 $63,178
2014 $1,743 $79,762 $17,821 $61,941
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV24168061

California Regional Multiple Listing Service (CRMLS)

APN: 8333-014-015

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