NOT LISTED FOR SALE

Estimated Value: $1,497,310

10 Beds
4 Baths
4,111 Sq Ft
$364/Sq Ft Est. Value

Sale Details

Date Sold: May 2, 2023

Last sale price $1,338,000 $325 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $9,777 / mo

31 Days on Market

About This Home

As of May 2023

We are pleased to present 311 E Pomona Blvd to market, a large 4 unit property in the city of Monterey Park. Over the past few years, Pomona Blvd has undergone a substantial amount of upgrades including, new roof, paint, windows, and interior upgrades. Each unit averages over 1,000 square feet and the unit mix consists of two 2 bed/1 bath units and two 3 bed/1 bath units. In the rear of the property is a detached garage that has four four parking spaces along with community washer/dryer hookups.

Last Agent to Sell the Property

Jackson Jorgensen

Younglewin Advisors, Inc. License #02022727 Listed on: 03/10/2023

Last Buyer's Agent

NONE NONE

None MRML License #N/A

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 5,452 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • 4,111 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 15112
  • Assessor Parcel Number 5265015005
  • $14,548 per year additional tax assessments

Community Details

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,500
  • Operating Expense $27,927

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

5,452 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: Yes
  • Zoning: MPR3YY
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5265015005
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 325.47

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
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5452.00
  • Lot Size Acres: 0.1252

Multi Family

  • Insurance Expense: 2500.00
  • Lot Size Area: 5452.0000 Square Feet
  • 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: 27927.00
  • Rent Control: No
  • Total Expenses: 27927.00

Tax Info

  • Tax Census Tract: 4828.01
  • Tax Lot: 1
  • Tax Tract Number: 15112
  • TaxOtherAnnualAssessmentAmount: 14548.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2024
Sold by
Bought by
Current Estimated Value
$1,497,310

Purchase Details

Listed on
Mar 10, 2023
Closed on
Apr 10, 2023
Sold by
Bought by
Seller's Agent
Jackson Jorgensen
Younglewin Advisors, Inc.
Buyer's Agent
NONE NONE
None MRML
List Price
$1,350,000
Sold Price
$1,338,000
Premium/Discount to List
-$12,000
-0.89%
Views
100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.51%
Original Mortgage
$1,003,500
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2019
Sold by
Bought by

Purchase Details

Closed on
Oct 22, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 2000
Sold by
Bought by

Purchase Details

Closed on
Oct 27, 1993
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$1,338,000 Ticor Title Company
-- None Available
-- Chicago Title Co
-- Chicago Title Co
-- --
-- Old Republic Title Company
-- Old Republic Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,003,500
Previous Owner $1,003,500
Previous Owner $109,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/02/2023 05/02/23 Sold $1,338,000 -0.9% $325 / Sq Ft
03/10/2023 03/10/23 For Sale $1,350,000 -- $328 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $18,560 $1,392,055 $624,240 $767,815
2024 $18,320 $1,364,760 $612,000 $752,760
2023 $2,393 $103,386 $23,293 $80,093
2022 $2,330 $101,360 $22,837 $78,523
2021 $2,245 $99,374 $22,390 $76,984
2020 $2,230 $98,356 $22,161 $76,195
2019 $2,180 $96,428 $21,727 $74,701
2018 $2,101 $94,538 $21,301 $73,237
2016 $2,039 $90,869 $20,475 $70,394
2015 $1,951 $89,505 $20,168 $69,337
2014 $1,952 $87,752 $19,773 $67,979
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23040710

California Regional Multiple Listing Service (CRMLS)

APN: 5265-015-005

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