NOT LISTED FOR SALE

400 E Phillips Blvd Pomona, CA 91766

South Pomona Neighborhood
6 Beds
3 Baths
14,132 Sq Ft
0.61 Acres

Last Sold July 25, 2016

Last sale price $2,300,000 $163 Per Sq Ft

28 Days on Market

About This Home

As of July 2016

Excellent Investment opportunity for this highly desirable apartment complex. Four 4-Plex. Great Street Explosure. All units are 2 bedroom/1 Bath. Individual hot water-heater. Strong rental market. Current rent is under market rent. Drive by only. Property to be sold AS IS condition.

Last Agent to Sell the Property

Vivian Hua

GREENFIELD REALTY License #01250305 Listed on: 04/27/2016

Last Buyer's Agent

Ping Lee

Calidad Realty License #01754674

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 0.61 Acre Lot
  • Two or More Common Walls
  • Paved or Partially Paved Lot

Home Design

  • 14,132 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Parking

  • 36 Parking Spaces
  • 18 Carport Spaces

Location

  • Urban Location

Listing and Financial Details

  • Assessor Parcel Number 8328027023

Community Details

Overview

  • 4 Buildings
  • 16 Units

Building Details

  • 16 Separate Electric Meters
  • 16 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Insurance Expense $4,849
  • Professional Management Expense $5,324
  • Trash Expense $5,210
  • Water Sewer Expense $8,157
  • New Taxes Expense $27,012
  • Gross Income $14,790
  • Net Operating Income $125,993

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • CapRate: 5.08
  • Professional Management Expense: 5324.00
  • Property Attached: Yes
  • Water Sewer Expenses: 8157.00
  • Property Type: Residential Income
  • Parcel Number: 8328027023
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 162.75

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 18.00
  • Total Parking Spaces: 36.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 5210.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Land Lease: No
  • Lot Features: Paved
  • Lot Size Sq Ft: 26376.00
  • Price Per Lot Square Foot: 94.02

Multi Family

  • Electric Expense: 1200.00
  • Gross Income: 14790.00
  • Gross Scheduled Income: 178725.00
  • Insurance Expense: 4849.00
  • Net Operating Income: 125993.00
  • Number Of Separate Electric Meters: 16
  • Number Of Separate Gas Meters: 16
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 16
  • Operating Expense: 52732.00
  • Rent Control: No
  • Total Actual Rent: 14790.00

Tax Info

  • New Taxes Expense: 27012.00
  • Tax Lot: 00
  • Tax Tract Number: 0000

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2016 07/25/16 Sold $2,300,000 -7.3% $163 / Sq Ft
05/25/2016 05/25/16 Pending -- -- --
04/27/2016 04/27/16 For Sale $2,480,000 -- $175 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2016

    Vivian Hua

    GREENFIELD REALTY

    (626) 688-8311

    11 Total Sales

    Vivian Hua
    Section Image
  • Ping Lee

    Buyer's Agent in 2016

    Ping Lee

    Calidad Realty

    (562) 900-5199

    13 Total Sales

    Ping Lee
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS16088792

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Pomona 91766 South Pomona

400 E Phillips Blvd, Pomona, CA

This home is located at 400 E Phillips Blvd, Pomona, CA 91766 since 27 April 2016. This property was built in 1963. 400 E Phillips Blvd is a home located in Los Angeles County with nearby schools including Alcott Elementary School, Simons Middle School, 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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