
505 E Columbia Ave Pomona, CA 91767
Lincoln Park NeighborhoodHighlights
- Wood Flooring
- Neighborhood Views
- Cooling System Mounted To A Wall/Window
- No HOA
- Wood Frame Window
- 2-minute walk to Lincoln Park
About This Home
As of March 20254 Plex in Lincoln Park- 4 separate addresses- 505 and 507 E Columbia and 1140 and 1144 Eleanor- one APN. BRAND NEW ROOF on ENTIRE COMPLEX. Each unit is identical- 586 sqft equipped with living room, dining area, kitchen with gas range, wall heater, 1 bedroom, 1 bathroom and 1 car garage. Original wood floors, lathe and plaster walls, original doors, charming built in's, original windows, original color tiles in bathrooms and kitchen, wall units, and ample storage. These turnkey units are located in the prestigious Lincoln Park Historic District. You will not find income property such mint condition! These units show pride of ownership and have kept the integrity of the 1930’s. Situationed on a prime corner of Lincoln Park on Eleanor and Columbia. Long time tenants in 2 of the units and 2 vacant unit. You can begin collecting rents immediately and begin fulfilling your dream of owning income properties. They will go fast!
Last Agent to Sell the Property
OMEGA REAL ESTATE Brokerage Phone: 909-291-9494 License #01947371 Listed on: 01/06/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,925
Year Built
- Built in 1939
Lot Details
- 8,166 Sq Ft Lot
- 1 Common Wall
- Block Wall Fence
- Sprinkler System
- Front Yard
Parking
- 4 Car Garage
Home Design
- Quadruplex
- Turnkey
- Raised Foundation
- Shingle Roof
- Plaster
- Stucco
Interior Spaces
- 2,334 Sq Ft Home
- 1-Story Property
- Wood Frame Window
- Panel Doors
- Neighborhood Views
- Gas Range
- Laundry Room
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Exterior Lighting
- Rain Gutters
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Water Heater
Additional Features
- No Interior Steps
- Suburban Location
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, insurance
- Legal Lot and Block 22 / M
- Tax Tract Number 891
- Assessor Parcel Number 8338028022
- $886 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 4 Units
Recreation
- Park
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $3,000
- Insurance Expense $2,000
- Trash Expense $600
- Water Sewer Expense $2,400
- New Taxes Expense $10,668
- Operating Expense $8,000
- Gross Income $79,800
- Net Operating Income $71,800
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Similar Homes in Pomona, CA
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | -- | -- | |
Grant Deed | $970,000 | First American Title Company | |
Grant Deed | $510,000 | First American Title Company | |
Interfamily Deed Transfer | -- | -- | |
Grant Deed | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $369,900 | New Conventional | |
Previous Owner | $3,500,000 | Commercial |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
03/14/2025 03/14/25 | Sold | $969,900 | 0.0% | $416 / Sq Ft |
02/11/2025 02/11/25 | Pending | -- | -- | -- |
01/06/2025 01/06/25 | For Sale | $969,900 | +90.2% | $416 / Sq Ft |
10/07/2015 10/07/15 | Sold | $510,000 | +2.2% | $218 / Sq Ft |
09/22/2015 09/22/15 | Pending | -- | -- | -- |
09/17/2015 09/17/15 | For Sale | $499,000 | -- | $213 / Sq Ft |
Tax History Compared to Growth
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 |
---|---|---|---|---|
2024 | $7,925 | $591,893 | $232,114 | $359,779 |
2023 | $7,768 | $580,288 | $227,563 | $352,725 |
2022 | $7,643 | $568,910 | $223,101 | $345,809 |
2021 | $7,463 | $557,756 | $218,727 | $339,029 |
2019 | $7,617 | $541,215 | $212,241 | $328,974 |
2018 | $7,069 | $530,604 | $208,080 | $322,524 |
2016 | $7,149 | $510,000 | $200,000 | $310,000 |
2015 | $2,350 | $143,195 | $43,327 | $99,868 |
2014 | $2,360 | $140,391 | $42,479 | $97,912 |
Agents Affiliated with this Home
-
Seller's Agent in 2025
MEGANN CENTENO
OMEGA REAL ESTATE
(951) 415-9044
2 in this area
318 Total Sales
-
Seller Co-Listing Agent in 2025
MARIO SOTELO
OMEGA REAL ESTATE
(909) 781-7722
1 in this area
72 Total Sales
-
O
Buyer's Agent in 2025
OMAR MAYORGA
RE/MAX
(909) 364-8380
1 in this area
36 Total Sales
-
Seller's Agent in 2015
Carlos & pat Samuelson
REALTY ONE GROUP WEST
(909) 964-7631
3 in this area
63 Total Sales
-
Seller Co-Listing Agent in 2015
Carlos And Pat Samuelson
REALTY ONE GROUP WEST
(909) 214-1002
3 in this area
50 Total Sales
-
Buyer's Agent in 2015
Donald Morgan
RE/MAX
(909) 376-0111
38 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV25001506

APN: 8338-028-022
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