NOT LISTED FOR SALE

Estimated Value: $901,000 - $1,229,118

5 Beds
4 Baths
2,014 Sq Ft
$508/Sq Ft Est. Value

Last Sold August 24, 2017

Last sale price $690,000 $343 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $6,213/month

22 Days on Market

Highlights

  • Lawn
  • Cooling System Mounted To A Wall/Window
  • Landscaped
  • No HOA
  • Laundry Room

About This Home

As of August 2017

This is a rare and beautifully updated 4-Plex in a prime Pomona neighborhood with instant positive cash-flow potential. Its comfy front porch, lush landscape and perfect architectural symmetry add to the curb appeal that welcomes you in through the front gates. Each unit has been handsomely remodeled including kitchen cabinets, counter tops, back-splashes, tile flooring, laminate wood flooring, fresh paint, bathroom vanities, tubs, cabinetry, 6-panel doors, new light fixtures throughout and many more improvements. It is a turnkey property ready for many years of future income. It even has a room with coin-operated laundry for added income. This property is located only a few blocks from downtown Pomona which offers a burgeoning art scene, the famous Fox Theater, many shops, hip restaurants, bars/pubs and the iconic Glass House concert venue. Parking for the tenants is a cinch with a 4-car garage as well as a huge driveway with rear/alley access. All the utilities/meters are conveniently separated for the tenants. Opportunities like this one only come along once in a great while.

Last Agent to Sell the Property

JACOB SWODECK

Anomaly Real Estate License #01362499 Listed on: 06/18/2017

Co-Listed By

VICTOR VALVERDE

KELLER WILLIAMS EMPIRE ESTATES License #01881546

Last Buyer's Agent

Janely Sandoval

Larry Holmes, Broker License #01972257

Larry Holmes, Broker

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 5,396 Sq Ft Lot
  • No Common Walls
  • Landscaped
  • Lawn
  • Back and Front Yard

Parking

  • 4 Car Garage

Interior Spaces

  • 2,014 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Additional Features

  • Exterior Lighting
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 7
  • Tax Tract Number 85
  • Assessor Parcel Number 8341011009

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Maintenance Expense $2,400
  • Trash Expense $1,860
  • Water Sewer Expense $1,050
  • Operating Expense $5,310
  • Gross Income $49,140
  • Net Operating Income $41,730

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

5,396 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1050.00
  • Zoning: POR31000*
  • Property Type: Residential Income
  • Parcel Number: 8341011009
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 342.60

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 1860.00
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Lawn
  • Lot Size Sq Ft: 5396.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 49140.00
  • Gross Scheduled Income: 47040.00
  • Laundry Income: 2100.00
  • Maintenance Expense: 2400.00
  • Net Operating Income: 41730.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 5310.00
  • Rent Control: No
  • Total Expenses: 5310.00

Tax Info

  • Tax Census Tract: 4025.01
  • Tax Lot: 7
  • Tax Tract Number: 85

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2017
Closed on
Jul 31, 2017
Sold by
Plascencia Martin and Plascencia Martha
Bought by
Quach Greg
Seller's Agent
JACOB SWODECK
Anomaly Real Estate
Buyer's Agent
Janely Sandoval
Larry Holmes, Broker
List Price
$690,000
Sold Price
$690,000
Current Estimated Value
$1,023,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,280
Avg. Annual Appreciation
4.70%
Original Mortgage
$483,000
Outstanding Balance
$403,026
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$620,254

Purchase Details

Closed on
Jan 16, 2017
Sold by
Plascencia Martha and Plascencia Martin
Bought by
Plascencia Martin and Plascencia Family Living Trust

Purchase Details

Listed on
Nov 18, 2013
Closed on
Jan 6, 2014
Sold by
Sandoval Felipe F and Sandoval Magdalena
Bought by
Plascencia Martha and Plascencia Martin
Seller's Agent
VICTOR VALVERDE
KELLER WILLIAMS EMPIRE ESTATES
Buyer's Agent
JOSEPH RODRIGUEZ
KELLER WILLIAMS EMPIRE ESTATES
List Price
$400,000
Sold Price
$430,000
Premium/Discount to List
$30,000
7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.45%
Original Mortgage
$311,250
Interest Rate
4.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2005
Sold by
Esparza Jorge
Bought by
Sandoval Felipe F and Sandoval Magdalena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
5.88%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 10, 2003
Sold by
Lopez Juan Manuel
Bought by
Esparza Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,200
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2003
Sold by
Esparza Sofia Delrefugio
Bought by
Esparza Jorge

Purchase Details

Closed on
Oct 20, 1998
Sold by
Lopez Maria A
Bought by
Lopez Juan Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,600
Interest Rate
10.25%

Purchase Details

Closed on
Dec 29, 1997
Sold by
Lopez Maria D
Bought by
Lopez Juan M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Quach Greg $690,000 Pacific Coast Title Company
Plascencia Martin -- None Available
Plascencia Martha $415,000 Pacific Coast Title Company
Sandoval Felipe F $1,070,000 Chicago Title
Esparza Jorge $249,000 Fidelity
Esparza Jorge -- --
Lopez Juan Manuel -- Southland Title Corporation
Lopez Juan M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quach Greg $483,000
Previous Owner Plascencia Martha $311,250
Previous Owner Sandoval Felipe F $428,000
Previous Owner Esparza Jorge $199,200
Previous Owner Lopez Juan Manuel $117,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/24/2017 08/24/17 Sold $690,000 0.0% $343 / Sq Ft
07/10/2017 07/10/17 Pending -- -- --
06/18/2017 06/18/17 For Sale $690,000 +60.5% $343 / Sq Ft
02/28/2014 02/28/14 Sold $430,000 +7.5% $214 / Sq Ft View Prior Sale
07/23/2013 07/23/13 Pending -- -- --
07/19/2013 07/19/13 For Sale $400,000 -- $199 / 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 $9,972 $785,099 $341,347 $443,752
2024 $9,972 $769,705 $334,654 $435,051
2023 $9,773 $754,614 $328,093 $426,521
2022 $9,617 $739,818 $321,660 $418,158
2021 $9,396 $725,312 $315,353 $409,959
2019 $9,603 $703,800 $306,000 $397,800
2018 $8,930 $690,000 $300,000 $390,000
2016 $5,657 $429,745 $207,106 $222,639
2015 $5,610 $423,291 $203,996 $219,295
2014 $3,586 $247,000 $179,600 $67,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17137427

California Regional Multiple Listing Service (CRMLS)

APN: 8341-011-009

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