NOT LISTED FOR SALE

312 W Franklin Ave Pomona, CA 91766

Rio Rancho Neighborhood

Estimated Value: $519,000 - $886,869

0.55 Acre
$1,309,271 Price per Acre
24,137 Sq Ft Lot

Last Sold December 30, 2020

Last sale price $638,000 $1,329 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,650/month

38 Days on Market

Highlights

  • 0.55 Acre Lot
  • No HOA
  • Rectangular Lot
  • Property is near a park

About This Lot

As of December 2020

This is a great opportunity for a developer to repurpose this R3 medium density zoned parcel into multi-housing with up to 13 dwellings per the City of Pomona. All utilities at the property. Conveniently located near Western University of Health Sciences, Fremont Academy of Engineering and Design, Downtown Pomona, Hospital and medical care, public transportation, parks, schools, shopping, and freeway access. The parcel currently has a small home and shed in need of demolishing and is being sold for land value. This lot size is a rare find and will be a great investment. Recommend that potential buyers contact the City of Pomona to confirm zoning, dwelling capability, and utilities.

Last Agent to Sell the Property

Dana Malm

First Team Real Estate License #01350938 Listed on: 07/02/2020

First Team Real Estate

Last Buyer's Agent

Peter Qian

PACIFIC STERLING REALTY License #01925737

PACIFIC STERLING REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,461

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 115 x 210
  • Chain Link Fence
  • Rectangular Lot
  • Density is 11-15 Units/Acre
  • Value in Land
  • Tear Down
  • Property is zoned POR106, R3

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • Natural Gas Connected

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 4 / D
  • Assessor Parcel Number 8344021005

Property Details

Property Type

Land

Est. Annual Taxes

$8,461

Lot Details

0

Listing Details

  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: POR106
  • Zoning Description: R3
  • Property Type: Land
  • Parcel Number: 8344021005
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 26.43

Exterior Features

  • Fencing: Chain Link

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre, Lot 20000-39999 Sqft, Rectangular Lot, Near Public Transit, Park Nearby, Tear Down, Value In Land
  • Lot Size: 115 x 210
  • Lot Size Sq Ft: 24137.00
  • Lot Size Acres: 0.5541

Multi Family

  • Lot Size Area: 24137.0000 Square Feet

Tax Info

  • Tax Block: D
  • Tax Census Tract: 4030.00
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2024
Sold by
Quan Caidan
Bought by
Chen Wei
Current Estimated Value
$725,467

Purchase Details

Closed on
Nov 20, 2024
Sold by
Chen Wei
Bought by
Franklin 9 Inc

Purchase Details

Closed on
Aug 14, 2020
Sold by
Claustro Esperanza
Bought by
Chen Wei

Purchase Details

Closed on
Jun 10, 2006
Sold by
Coccia Baldo and The Baldo Coccia Family Trust
Bought by
Coccia Baldo and Second Amended Family Tr Of Baldo Coccia

Purchase Details

Closed on
Jul 27, 2004
Sold by
Lerdsuwanrut Sriprapa
Bought by
Coccia Baldo

Purchase Details

Closed on
Jun 29, 2004
Sold by
Coccia Baldo
Bought by
Coccia Baldo and Baldo Coccia Family Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Chen Wei -- --
Chen Wei -- --
Franklin 9 Inc -- --
Chen Wei $638,000 Western Resources Title
Coccia Baldo -- None Available
Coccia Baldo -- --
Coccia Baldo -- --
Coccia Baldo -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2020 12/30/20 Sold $638,000 -6.9% $1,329 / Sq Ft
09/10/2020 09/10/20 Price Changed $685,000 -8.7% $1,427 / Sq Ft
08/29/2020 08/29/20 For Sale $750,000 0.0% $1,563 / Sq Ft
08/09/2020 08/09/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $750,000 0.0% $1,563 / Sq Ft
08/03/2020 08/03/20 Pending -- -- --
07/02/2020 07/02/20 For Sale $750,000 -- $1,563 / 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 $8,461 $694,200 $650,200 $44,000
2024 $8,461 $677,049 $636,724 $40,325
2023 $8,291 $663,775 $624,240 $39,535
2022 $8,165 $650,760 $612,000 $38,760
2021 $7,990 $638,000 $600,000 $38,000
2020 $530 $24,142 $12,968 $11,174
2019 $531 $23,669 $12,714 $10,955
2018 $441 $23,206 $12,465 $10,741
2016 $416 $22,307 $11,982 $10,325
2015 $413 $21,973 $11,803 $10,170
2014 $428 $21,543 $11,572 $9,971
Source: Public Records

Agents Affiliated with this Home

  • Dana Malm

    Seller's Agent in 2020

    Dana Malm

    First Team Real Estate

    (949) 613-0725

    1 in this area

    42 Total Sales

    Dana Malm
    Section Image
  • Peter Qian

    Buyer's Agent in 2020

    Peter Qian

    PACIFIC STERLING REALTY

    4 in this area

    140 Total Sales

    Peter Qian
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20128993

California Regional Multiple Listing Service (CRMLS)

APN: 8344-021-005

California Los Angeles County Pomona 91766 Rio Rancho

312 W Franklin Ave, Pomona, CA

This home is located at 312 W Franklin Ave, Pomona, CA 91766 since 02 July 2020 and is currently estimated at $725,467, approximately $1,511 per square foot. 312 W Franklin Ave is a home located in Los Angeles County with nearby schools including Lexington Elementary School, Fremont Academy of Engineering and Design, and Garey High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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