NOT LISTED FOR SALE
21 Beds
12 Baths
10,514 Sq Ft
0.36 Acres

Last Sold December 29, 2020

Last sale price $2,399,000 $228 Per Sq Ft

12 Days on Market

Highlights

  • 0.36 Acre Lot
  • Double Oven
  • Cooling System Mounted To A Wall/Window
  • No HOA
  • Fireplace
  • Laundry Room

About This Home

As of December 2020

Excellent investment opportunity at the best and highly demanding area North of Fwy 10 near Fairflex Pomona, never vacant. 11 units desirable two story apartment complex combination with eight 2 bedrooms units, two 3 bedrooms units, one 1 bedroom unit. Building situated on a cul-de sac, convenience to freeway, shopping, school, etc. It has approximately interior 10,514 Sqft. 15,800 sq.ft lot Each unit has their individually electric,and gas meter. Owner pays water, trash, gardening. Newer 2 years roof. and main sewage line. Extra income at separate laundry area with two sets of washers and dryers. Easy maintain yards. Each unit has their assigned parking and storage space at the back with two entrances. Plenty room for rent increase. Property will be sold as is present condition.

Last Agent to Sell the Property

Cheuk Chan

YORK LA INVESTMENT License #01257250 Listed on: 10/20/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 0.36 Acre Lot
  • Two or More Common Walls
  • Density is 11-15 Units/Acre

Home Design

  • Apartment

Interior Spaces

  • 10,514 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Window Screens

Kitchen

  • Double Oven
  • Gas Cooktop

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 21 Bedrooms
  • 12 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • 11 Parking Spaces
  • 11 Carport Spaces
  • Parking Available
  • Parking Lot

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Water Heater
  • Cable TV Available

Additional Features

  • Accessible Parking
  • Rain Gutters

Listing and Financial Details

  • Tenant pays for electricity, gas, telephone
  • Assessor Parcel Number 8359017024

Community Details

Overview

  • No Home Owners Association
  • 11 Units

Building Details

  • 11 Leased Units
  • 11 Separate Electric Meters
  • 11 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $900
  • Fuel Expense $3,000
  • Gardener Expense $960
  • Insurance Expense $5,500
  • Pest Control $600
  • Professional Management Expense $4,800
  • Trash Expense $4,320
  • Water Sewer Expense $3,800
  • New Taxes Expense $28,000
  • Operating Expense $51,880
  • Gross Income $1,100
  • Net Operating Income $115,180

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 4800.00
  • Property Attached: Yes
  • Water Sewer Expenses: 3800.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 8359017024
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Accessibility Features: Parking, See Remarks
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 228.17
  • Window Features: Screens

Exterior Features

  • Exterior Features: Rain Gutters
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 11.00
  • Parking: Yes
  • Parking Features: Parking Space
  • Total Parking Spaces: 11.00

Utilities

  • Utilities: Cable Available, Natural Gas Available, Sewer Connected, Water Available, Water Connected
  • Laundry: Yes
  • Appliances: Double Oven, Gas Cooktop, Water Heater Central
  • Laundry Features: Gas Dryer Hookup, Individual Room
  • Pest Control Expense: 600.00
  • Sewer: Public Sewer
  • Trash Expense: 4320.00
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Gutters

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 15800.00
  • Lot Size Acres: 0.3627

Rental Info

  • Tenant Pays: Electricity, Gas, Telephone

Multi Family

  • Average1 Bed Area: 774 Square Feet
  • Average2 Bed Area: 930 Square Feet
  • Average3 Bed Area: 1150 Square Feet
  • Electric Expense: 900.00
  • Fuel Expense: 3000.00
  • Gross Income: 1100.00
  • Gross Scheduled Income: 165960.00
  • Insurance Expense: 5500.00
  • Laundry Income: 1100.00
  • Lot Size Area: 15800.0000 Square Feet
  • Net Operating Income: 115180.00
  • Number Of Separate Electric Meters: 11
  • Number Of Separate Gas Meters: 11
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 11
  • Number Of Units Total: 11
  • Number With Range: 11
  • Operating Expense: 51880.00
  • Rent Control: No
  • Total Actual Rent: 165960.00
  • Total Expenses: 51880.00

Tax Info

  • New Taxes Expense: 28000.00
  • Tax Lot: 00
  • Tax Tract Number: 00

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/29/2020 12/29/20 Sold $2,399,000 0.0% $228 / Sq Ft
11/01/2020 11/01/20 Pending -- -- --
10/20/2020 10/20/20 For Sale $2,399,000 +21.2% $228 / Sq Ft
08/08/2016 08/08/16 Sold $1,980,000 -9.5% $188 / Sq Ft View Prior Sale
07/05/2016 07/05/16 Pending -- -- --
03/22/2016 03/22/16 For Sale $2,188,000 -- $208 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS20221374

California Regional Multiple Listing Service (CRMLS)