NOT LISTED FOR SALE
3 Beds
2 Baths
4,242 Sq Ft
9,025 Sq Ft Lot

Last Sold March 08, 2024

Last sale price $1,190,000 $281 Per Sq Ft

43 Days on Market

About This Home

As of March 2024

Excellent investment opportunity! 515 E Pasadena St is a 6-unit (+1 non-confirming unit) multifamily property located in Pomona, California. The property features two 2B+1B units and five 1B+1B units. Centrally located near the 10 and 71 freeways Residents enjoy being close to local elementary, middle and high schools, as well as Cal Poly Pomona, the University of La Verne, and Western University of Health Sciences Pomona Campus. Local recreation includes the Frank G. Bonelli Park and Raging Waters. Residents will enjoy being less than two miles from the local post office, the Pomona Downtown Metrolink station, Bank of America, Wells Fargo, local grocery stores, and numerous eateries in Downtown Pomona.

Last Agent to Sell the Property

Jag Singh

Keller Williams - Eagle Rock License #01886951 Listed on: 12/13/2023

Keller Williams - Eagle Rock

Last Buyer's Agent

Matthew Almeida

Re/Max Top Producers License #02221796

Re/Max Top Producers

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 9,025 Sq Ft Lot
  • 1 Common Wall
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 4,242 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 8337
  • Assessor Parcel Number 8337010015
  • $987 per year additional tax assessments

Community Details

Overview

  • 3 Buildings
  • 7 Units

Building Details

  • Rent Control
  • 8 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $180
  • Insurance Expense $2,634
  • Pest Control $1,200
  • Trash Expense $5,182
  • Water Sewer Expense $2,140
  • New Taxes Expense $14,114
  • Operating Expense $42,248
  • Gross Income $128,820
  • Net Operating Income $82,707

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 170000
  • Property Attached: Yes
  • Water Sewer Expenses: 2140.00
  • Zoning: POR3*
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 8337010015
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: Front
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 280.53

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: No
  • Pest Control Expense: 1200.00
  • Sewer: Public Sewer
  • Trash Expense: 5182.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 9025.00
  • Lot Size Acres: 0.2072

Multi Family

  • Electric Expense: 180.00
  • Gross Income: 128820.00
  • Gross Scheduled Income: 128820.00
  • Insurance Expense: 2634.00
  • Lot Size Area: 9025.0000 Square Feet
  • Net Operating Income: 82707.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 7
  • Operating Expense: 42248.00
  • Rent Control: Yes
  • Total Expenses: 42248.00

Tax Info

  • New Taxes Expense: 14114.00
  • Tax Census Tract: 4026.01
  • Tax Lot: 14
  • Tax Tract Number: 8337
  • TaxOtherAnnualAssessmentAmount: 987.00

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
03/08/2024 03/08/24 Sold $1,190,000 0.0% $281 / Sq Ft
01/25/2024 01/25/24 Pending -- -- --
12/13/2023 12/13/23 For Sale $1,190,000 +42.5% $281 / Sq Ft
05/15/2018 05/15/18 Sold $835,000 -1.8% $197 / Sq Ft
05/01/2018 05/01/18 Pending -- -- --
04/23/2018 04/23/18 For Sale $850,000 -- $200 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR23225412

California Regional Multiple Listing Service (CRMLS)