OMAR MAYORGA
RE/MAX MASTERS REALTY
(909) 479-2713
55 Total Sales
1 in Montclair
$825,000 Price
3844 E 9th St Pomona, CA 91766
Montclair Area
7
Beds
6
Baths
3,000
Sq Ft
0.31
Acre Lot
About This Home
As of November 2020We are pleased to exclusively offer for sale this 6 unit multi-family investment located in the city of Pomona. The subject property is comprised of 5 detached structures, 4 individual single-story cottage style units, and one duplex style structure, with a unit mix of 1(2bed/1bath), and 5 (1bed/1Bath)s. There is an additional storage unit at rear of garages rented at the rate of $475 per month. The units are situated on a LARGE 13,720 sqft lot and offer ample onsite parking. Buyer and Buyers agent to satisfy themselves as to the legal number of units and legal square footage. Priced currently at a 12.81 GRM and a 5.14% CAP Rate, at entry the subject property offers a lucrative cash return with room for growth at a significant 30+% upside in rental income.
Last Agent to Sell the Property
RE/MAX 2000 REALTY License #01800021 Listed on: 09/17/2020
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1944
Lot Details
- 13,720 Sq Ft Lot
- No Common Walls
- Density is 6-10 Units/Acre
Parking
- 7 Open Parking Spaces
- 2 Car Garage
Home Design
- 3,000 Sq Ft Home
Bedrooms and Bathrooms
- 7 Bedrooms
- 6 Bathrooms
Outdoor Features
- Exterior Lighting
- Rain Gutters
Listing and Financial Details
- Tenant pays for gas
- Tax Lot 9
- Tax Tract Number 18
- Assessor Parcel Number 1012211180000
Community Details
Overview
- 7 Buildings
- 6 Units
Building Details
- Rent Control
- 3 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,226
- Insurance Expense $1,200
- Maintenance Expense $3,200
- Other Expense $900
- Trash Expense $2,500
- Water Sewer Expense $3,500
- New Taxes Expense $11,657
- Operating Expense $24,183
- Gross Income $77,700
- Net Operating Income $51,186
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Pomona, CA
-
OMAR MAYORGA
-
Ivan Rodriguez
Ivan Rodriguez
ACTION MOBILE HOMES
(909) 490-3539
82 Total Sales
8 in Montclair
$86K - $265K Price Range
-
Naim Olachea
Naim Olachea
PRICE REAL ESTATE GROUP INC
(951) 783-3132
40 Total Sales
1 in Montclair
$672,000 Price
-
Veronica Lee
Veronica Lee
Coldwell Banker Realty
(657) 317-7573
75 Total Sales
1 in Montclair
$846,632 Price
-
Lawrence Renteria
Lawrence Renteria
Re/Max Top Producers
(909) 378-9971
31 Total Sales
2 in Montclair
$730K - $735K Price Range
-
Vania Rincon
Vania Rincon
EstateX inc.
(855) 926-9843
45 Total Sales
1 in Montclair
$664,000 Price
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 |
|---|---|---|---|
| -- | Orange Coast Title Co | ||
| Golden Opportunity No 14 Lp | $950,000 | Fidelity National Title Co | |
| Lae Flores Rentals Llc | -- | None Available | |
| Flores Luis | $181,000 | Commonwealthlandtitle Glenda |
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 |
|---|---|---|---|
| Open | $17,266,894 | ||
| Previous Owner | Flores Luis | $49,143 |
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 |
|---|---|---|---|---|
| 11/10/2020 11/10/20 | Sold | $950,000 | -4.5% | $317 / Sq Ft |
| 10/09/2020 10/09/20 | Pending | -- | -- | -- |
| 09/25/2020 09/25/20 | For Sale | $995,000 | 0.0% | $332 / Sq Ft |
| 09/19/2020 09/19/20 | Pending | -- | -- | -- |
| 09/17/2020 09/17/20 | For Sale | $995,000 | -- | $332 / 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 |
|---|---|---|---|---|
| 2026 | $11,368 | $1,048,877 | $276,020 | $772,857 |
| 2025 | $11,368 | $1,028,311 | $270,608 | $757,703 |
| 2024 | $11,111 | $1,008,148 | $265,302 | $742,846 |
| 2023 | $10,799 | $988,380 | $260,100 | $728,280 |
| 2022 | $10,656 | $969,000 | $255,000 | $714,000 |
| 2021 | $10,589 | $950,000 | $250,000 | $700,000 |
| 2020 | $2,630 | $230,695 | $122,358 | $108,337 |
| 2019 | $2,608 | $663,000 | $234,600 | $428,400 |
| 2018 | $2,572 | $221,740 | $117,608 | $104,132 |
| 2017 | $2,481 | $217,392 | $115,302 | $102,090 |
| 2016 | $2,386 | $213,129 | $113,041 | $100,088 |
| 2015 | $2,370 | $209,928 | $111,343 | $98,585 |
| 2014 | $2,271 | $205,816 | $109,162 | $96,654 |
Source: Public Records
Agents Affiliated with this Home
-
Kristopher German
Seller's Agent in 2020
Kristopher German
RE/MAX
(909) 645-0443
130 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV20194718
APN: 1012-211-18
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.
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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