NOT LISTED FOR SALE

Estimated Value: $659,000 - $718,292

4 Beds
2 Baths
1,774 Sq Ft
$390/Sq Ft Est. Value

Last Sold February 20, 2019

Last sale price $375,000 $211 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $4,087/month

131 Days on Market

About This Home

As of February 2019

Great location for income property in the heart of old Pomona. This is a great neighborhood that is close to freeways and shopping. Property has two buildings; front is a two-story with two bedrooms and a loft plus one bathroom. Rear unit is a single story with two bedrooms and one bath. Please drive-by only and kindly don't disturb the tenants.

Last Agent to Sell the Property

Jason Manley

T.N.G. Real Estate Consultants License #01995363 Listed on: 08/08/2018

T.N.G. Real Estate Consultants

Last Buyer's Agent

Jason Manley

T.N.G. Real Estate Consultants License #01995363 Listed on: 08/08/2018

T.N.G. Real Estate Consultants

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 6,422 Sq Ft Lot
  • No Common Walls

Home Design

  • 1,774 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Location

  • Property is near park
  • Urban Location

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 60374
  • Assessor Parcel Number 8337023010

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Trash Expense $800
  • Water Sewer Expense $1,500
  • New Taxes Expense $2,798
  • Operating Expense $7,128
  • Gross Income $23,760
  • Net Operating Income $15,445

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

6,422 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1500.00
  • Zoning: POCIND*
  • Property Type: Residential Income
  • Parcel Number: 8337023010
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 211.39

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 800.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 6422.00
  • Lot Size Acres: 0.1474

Multi Family

  • Gross Income: 23760.00
  • Gross Scheduled Income: 23760.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 6422.0000 Square Feet
  • Net Operating Income: 15445.30
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 7128.00
  • Rent Control: No
  • Total Expenses: 7128.00

Tax Info

  • New Taxes Expense: 2798.00
  • Tax Census Tract: 4088.00
  • Tax Lot: 5
  • Tax Tract Number: 060374

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2018
Sold by
Torres Guillemo and Torres Angela
Bought by
Gonzalez Pedro Angel and Gonzalez Marie T
Current Estimated Value
$691,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2010
Sold by
Jacobsen Stephen Thomas
Bought by
Torres Guillermo and Torres Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2004
Sold by
Jacobsen Stephen Thomas
Bought by
Jacobsen Stephen Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,400
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 2003
Sold by
Deaton Barbara
Bought by
Jacobsen Stephen Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
5.78%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Gonzalez Pedro Angel $375,000 Ticor Title Co
Torres Guillermo $180,000 Lawyers Title Riverside
Jacobsen Stephen Thomas -- Stewart Title Riverside
Jacobsen Stephen Thomas $155,000 Fidelity Van Nuys
Jacobsen Stephen Thomas $155,000 Fnt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gonzalez Pedro Angel $281,250
Previous Owner Torres Guillermo $135,000
Previous Owner Jacobsen Stephen Thomas $162,400
Previous Owner Jacobsen Stephen Thomas $139,500
Closed Jacobsen Stephen Thomas $20,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2019 02/20/19 Sold $375,000 -6.2% $211 / Sq Ft
12/17/2018 12/17/18 Pending -- -- --
10/14/2018 10/14/18 For Sale $399,999 +6.7% $225 / Sq Ft
10/11/2018 10/11/18 Off Market $375,000 -- --
10/07/2018 10/07/18 For Sale $399,999 +6.7% $225 / Sq Ft
10/05/2018 10/05/18 Off Market $375,000 -- --
09/25/2018 09/25/18 For Sale $399,999 +6.7% $225 / Sq Ft
09/25/2018 09/25/18 Off Market $375,000 -- --
09/06/2018 09/06/18 Price Changed $399,999 0.0% $225 / Sq Ft
09/06/2018 09/06/18 For Sale $399,999 +6.7% $225 / Sq Ft
09/05/2018 09/05/18 Off Market $375,000 -- --
08/08/2018 08/08/18 For Sale $445,000 -- $251 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,410 $418,313 $278,876 $139,437
2024 $5,410 $410,111 $273,408 $136,703
2023 $5,302 $402,071 $268,048 $134,023
2022 $5,218 $394,189 $262,793 $131,396
2021 $5,096 $386,461 $257,641 $128,820
2020 $5,079 $382,820 $255,000 $127,820
2019 $1,996 $208,599 $138,854 $69,745
2018 $2,846 $204,516 $136,132 $68,384
2016 $2,665 $196,269 $130,847 $65,422
2015 $2,644 $193,322 $128,882 $64,440
2014 $2,636 $189,536 $126,358 $63,178
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18191972

California Regional Multiple Listing Service (CRMLS)

APN: 8337-023-010

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