NOT LISTED FOR SALE

Estimated Value: $667,000 - $796,254

4 Beds
3 Baths
1,500 Sq Ft
$479/Sq Ft Est. Value

Sale Details

Date Sold: October 1, 2018

Last sale price $453,000 $302 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,500 / mo

36 Days on Market

About This Home

As of October 2018

Rare opportunity to own this property with three separate building and on a big lot. All rented to great tenants. Property includes a ALREADY approved plan to build a 500 sqft room addition and a new 2 car garage. The new addition can be rented out as a third separate unit, if want to. After Addition, the total sqft would be close to 2000 sqft and a new two car garage. Take this opportunity to build up at the contractor's cost, and retain the sweet increased equity of the market sqft price. Also the second unit's rent is way below market. Can recapture together to increase your income and equity. The property is located in the beautiful historical location in Pomona.

Last Agent to Sell the Property

Cristopher Lin

Cristopher Lin License #01164479 Listed on: 07/18/2018

Co-Listed By

Steven Chang

RE/MAX Galaxy License #01342782

Last Buyer's Agent

Ives Lopez

Ives Lopez, Broker License #01232368

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 11,097 Sq Ft Lot
  • No Common Walls

Parking

  • 1.5 Car Garage

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Location

  • Urban Location
  • Suburban Location

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 8337006005

Community Details

Overview

  • 3 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $840
  • Insurance Expense $1,200
  • Trash Expense $690
  • Water Sewer Expense $690
  • New Taxes Expense $5,500
  • Operating Expense $8,920
  • Gross Income $31,200
  • Net Operating Income $22,280

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

0.25 Acres

Parking

1

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 690.00
  • Zoning: POR4*
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 8337006005
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 302.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.50
  • Total Parking Spaces: 1.50

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 690.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 11097.00

Multi Family

  • Gross Income: 31200.00
  • Gross Scheduled Income: 31200.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 22280.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 8920.00
  • Rent Control: No
  • Total Actual Rent: 2600.00
  • Total Expenses: 8920.00

Tax Info

  • New Taxes Expense: 5500.00
  • Tax Census Tract: 4026.00
  • Tax Lot: 2
  • Tax Tract Number: Porter

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2018
Closed on
Sep 26, 2018
Sold by
Bought by
Seller's Agent
Cristopher Lin
Cristopher Lin
Buyer's Agent
Ives Lopez
Ives Lopez, Broker
List Price
$480,000
Sold Price
$453,000
Premium/Discount to List
-$27,000
-5.62%
Current Estimated Value
$724,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,306
Avg. Annual Appreciation
6.11%
Original Mortgage
$405,000
Interest Rate
0.045%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 18, 2018
Closed on
Aug 22, 2018
Sold by
Bought by
Seller's Agent
Cristopher Lin
Cristopher Lin
Buyer's Agent
Ives Lopez
Ives Lopez, Broker
List Price
$480,000
Sold Price
$453,000
Premium/Discount to List
-$27,000
-5.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
0.045%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2016
Sold by
Bought by

Purchase Details

Closed on
Nov 24, 2015
Sold by
Bought by

Purchase Details

Closed on
Jun 23, 2015
Sold by
Bought by

Purchase Details

Closed on
Jun 30, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,544
Interest Rate
0.0855%

Purchase Details

Closed on
Oct 6, 1995
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Stewart Title
$453,000 Stewart Title
-- Accommodation
$307,021 Lawyers Title
$307,021 None Available
-- Orange Coast Title
$125,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $389,550
Closed $405,000
Closed $12,665
Closed $24,000
Closed $290,000
Closed $220,000
Closed $55,000
Closed $30,290
Closed $18,544
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/01/2018 10/01/18 Sold $453,000 0.0% $302 / Sq Ft
08/23/2018 08/23/18 Pending -- -- --
08/17/2018 08/17/18 Off Market $453,000 -- --
08/17/2018 08/17/18 For Sale $480,000 +6.0% $320 / Sq Ft
08/10/2018 08/10/18 Off Market $453,000 -- --
07/25/2018 07/25/18 For Sale $480,000 +6.0% $320 / Sq Ft
07/24/2018 07/24/18 Off Market $453,000 -- --
07/18/2018 07/18/18 For Sale $480,000 -- $320 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,040 $505,324 $282,223 $223,101
2024 $6,487 $495,417 $276,690 $218,727
2023 $6,359 $485,704 $271,265 $214,439
2022 $6,261 $476,182 $265,947 $210,235
2021 $6,120 $466,846 $260,733 $206,113
2020 $6,100 $462,060 $258,060 $204,000
2019 $6,254 $453,000 $253,000 $200,000
2018 $4,226 $319,402 $156,060 $163,342
2017 $4,155 $313,140 $153,000 $160,140
2016 $3,968 $307,000 $150,000 $157,000
2015 $2,324 $172,765 $89,839 $82,926
2014 -- $169,382 $88,080 $81,302
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR18173531

California Regional Multiple Listing Service (CRMLS)

APN: 8337-006-005

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