$920,000
SOLD AUG 19, 2022
4 Beds
3 Baths
2,669 Sq Ft
7,531 Sq Ft Lot

Recently Sold

$345 Per Sq Ft

8% Above List Price

8 Days on Market

About This Home

As of August 2022

Great Investment, Great Location, Well maintained property with high potential of future money making income. Property is at corner lot with the addresses of 1695 and 1697 Alameda St ., situated in desirable area walking distance to Inland Valley Rehab Center, First Christian School, Pomona Urgent care, Pomona Valley Hospital and other businesses , 1 mile away from 10 FWY. Each unit has two bedrooms, laundry hook ups, and one car garage. All tenants are on a month to month lease agreement. The most beneficial to the buyer from this property the seller will carry the remaining balance of the loan with 20% down payment at 3.75% for 15 years.

Last Agent to Sell the Property

Patricia Conejos

Berkshire Hathaway HomeServices California Properties License #01294186 Listed on: 07/08/2022

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Patricia Conejos

Berkshire Hathaway HomeServices California Properties License #01294186 Listed on: 07/08/2022

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,925

Year Built

  • Built in 1958

Lot Details

  • 7,531 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • 2,669 Sq Ft Home
  • Apartment

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 1 / J
  • Tax Tract Number 4022
  • Assessor Parcel Number 8359017011

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $150
  • Insurance Expense $200
  • Water Sewer Expense $280
  • Operating Expense $630
  • Gross Income $4,895
  • Net Operating Income $4,465

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,925

Year Built

Built in 1958

Lot Details

0

Parking

3

Listing Details

  • Inclusions: All appliances in the unit are owned by the seller and included on the sale.
  • Other Phone Description: 562 881-4107
  • Other Phone Number: 562 881-4107
  • Price Per Unit: 283333
  • Property Attached: Yes
  • Water Sewer Expenses: 280.00
  • Zoning: POR31000*
  • Property Type: Residential Income
  • Gardener Expense: 150.00
  • Parcel Number: 8359017011
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 344.70

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Inside, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7531.00
  • Lot Size Acres: 0.1729

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 4895.00
  • Gross Scheduled Income: 4895.00
  • Insurance Expense: 200.00
  • Lot Size Area: 7531.0000 Square Feet
  • Net Operating Income: 4465.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number Wall A C: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 430.00
  • Rent Control: No
  • Total Expenses: 630.00

Tax Info

  • Tax Block: J
  • Tax Census Tract: 4022.00
  • Tax Lot: 1
  • Tax Tract Number: 4022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2023
Sold by
Oloo Everlyne Manday and Oloo Daniel
Bought by
2023 Everlyne Manday Oloo And Daniel Odhiambo and Oloo
Current Estimated Value
$1,008,412

Purchase Details

Listed on
Jul 8, 2022
Closed on
Jul 22, 2022
Sold by
Kirk And Debra Sievers Revocable Trust
Bought by
Oloo Everlyne Manday and Odhiambo Daniel Oloo
Seller's Agent
Patricia Conejos
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Patricia Conejos
Berkshire Hathaway HomeServices California Properties
List Price
$850,000
Sold Price
$920,000
Premium/Discount to List
$70,000
8.24%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.83%
Original Mortgage
$800,000
Interest Rate
5.3%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 29, 2015
Sold by
Sievers Kirk J
Bought by
The Kirk & Debra Sievers Revocable Trust

Purchase Details

Closed on
Dec 22, 2009
Sold by
Us Bank National Association
Bought by
Sievers Kirk

Purchase Details

Closed on
Feb 9, 2009
Sold by
Alvarez Sergio and Rosas Alicia
Bought by
Us Bank National Association

Purchase Details

Closed on
Nov 1, 2004
Sold by
Alvarez Sergio and Alvarez Alicia
Bought by
Alvarez Sergio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,750
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 25, 2004
Sold by
Alvarez Sergio
Bought by
Alvarez Sergio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,000
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 1996
Sold by
Ekart Ralph E
Bought by
Alvarez Sergio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,800
Interest Rate
7.84%
Mortgage Type
Seller Take Back
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Grant Deed $920,000 New Title Company Name
Interfamily Deed Transfer -- None Available
Grant Deed $355,000 Orange Coast Title
Trustee Deed $351,750 None Available
Interfamily Deed Transfer -- Old Republic Title Co
Interfamily Deed Transfer -- Landsafe Title
Individual Deed $163,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $800,000 Seller Take Back
Previous Owner $540,000 Fannie Mae Freddie Mac
Previous Owner $50,000 Unknown
Previous Owner $50,000 Unknown
Previous Owner $403,750 Purchase Money Mortgage
Previous Owner $289,000 New Conventional
Previous Owner $212,500 Unknown
Previous Owner $130,800 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2022 08/19/22 Sold $920,000 +8.2% $345 / Sq Ft
07/19/2022 07/19/22 For Sale $850,000 -7.6% $318 / Sq Ft
07/16/2022 07/16/22 Pending -- -- --
07/14/2022 07/14/22 Off Market $920,000 -- --
07/08/2022 07/08/22 For Sale $850,000 -- $318 / 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 $11,925 $957,167 $679,485 $277,682
2024 $11,925 $938,400 $666,162 $272,238
2023 $11,688 $920,000 $653,100 $266,900
2022 $5,903 $431,801 $364,907 $66,894
2021 $5,760 $423,335 $357,752 $65,583
2019 $5,876 $410,781 $347,142 $63,639
2018 $5,416 $402,728 $340,336 $62,392
2016 $5,076 $387,091 $327,121 $59,970
2015 $5,034 $381,278 $322,208 $59,070
2014 -- $373,810 $315,897 $57,913
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22148823

California Regional Multiple Listing Service (CRMLS)

APN: 8359-017-011