NOT LISTED FOR SALE

635 Abbey Ln Unit 1-4 Pomona, CA 91767

Pomona East Neighborhood

Estimated Value: $986,000 - $1,147,000

2 Beds
1 Bath
3,592 Sq Ft
$299/Sq Ft Est. Value

Last Sold June 01, 2017

Last sale price $650,000 $181 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $6,494/month

16 Days on Market

Highlights

  • Granite Countertops
  • Double Pane Windows
  • Laundry Room
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • No Interior Steps

About This Home

As of June 2017

Nice 4 units, all with long term tenants. Large building 3592 sft on large lot of 7928 sqft. Each unit is very good size about 892 sqft for 2 Bedrooms and 1 Bath. Detached 4 car garages and about 6 parking spaces next to garage. Separate laundry area for tenants. Good opportunity to live in one and rent the others. New termites clearance completed, Newer painted exterior and interior, Newer upgraded in 4 units. Easy Access to freeway 10, school, and shopping.

Last Agent to Sell the Property

Phuong Ton-Nu

First Real Estate Services License #01405274 Listed on: 04/15/2017

Last Buyer's Agent

Phuong Ton-Nu

First Real Estate Services License #01405274 Listed on: 04/15/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,773

Year Built

  • Built in 1961

Lot Details

  • 7,929 Sq Ft Lot
  • No Common Walls

Parking

  • 4 Car Garage
  • 6 Open Parking Spaces
  • Parking Available
  • Rear-Facing Garage
  • Parking Lot

Home Design

  • Slab Foundation

Interior Spaces

  • 3,592 Sq Ft Home
  • Double Pane Windows
  • Tile Flooring
  • Laundry Room

Kitchen

  • Gas Range
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Accessible Home Design

  • No Interior Steps

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 20535
  • Assessor Parcel Number 8323029028

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $400
  • Insurance Expense $1,348
  • Trash Expense $1,366
  • Water Sewer Expense $1,360
  • New Taxes Expense $7,987
  • Operating Expense $13,496
  • Gross Income $42,000
  • Net Operating Income $27,244

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,773

Year Built

Built in 1961

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • CapRate: 3.98
  • Property Attached: No
  • Water Sewer Expenses: 1360.00
  • Zoning: POR301
  • Property Type: Residential Income
  • Parcel Number: 8323029028
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters, Unfurnished
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 180.96
  • Room Type: Kitchen
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Slab
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear, Parking Space
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 1366.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7929.00

Multi Family

  • Electric Expense: 400.00
  • Gross Income: 42000.00
  • Gross Operating Income: 40740.00
  • Gross Scheduled Income: 48000.00
  • Insurance Expense: 1348.00
  • Net Operating Income: 27244.00
  • 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
  • Number With Disposal: 4
  • Number With Range: 4
  • Operating Expense: 13496.00
  • Rent Control: No
  • Total Actual Rent: 3500.00
  • Total Expenses: 13496.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 7987.00
  • Tax Census Tract: 4027.02
  • Tax Lot: 15
  • Tax Tract Number: 20535

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2017
Closed on
May 30, 2017
Sold by
S & A Investment Properties Llc
Bought by
Truong Loc Quang
Seller's Agent
Phuong Ton-Nu
First Real Estate Services
Buyer's Agent
Phuong Ton-Nu
First Real Estate Services
List Price
$685,900
Sold Price
$650,000
Premium/Discount to List
-$35,900
-5.23%
Current Estimated Value
$1,075,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$425,713

Purchase Details

Listed on
Apr 15, 2017
Closed on
May 25, 2017
Sold by
Nguyen Jennie Lanhoung
Bought by
Truong Loc Quang
Seller's Agent
Phuong Ton-Nu
First Real Estate Services
Buyer's Agent
Phuong Ton-Nu
First Real Estate Services
List Price
$685,900
Sold Price
$650,000
Premium/Discount to List
-$35,900
-5.23%

Purchase Details

Closed on
Apr 13, 2012
Sold by
Luu Harris
Bought by
S & A Investment Properties Llc

Purchase Details

Closed on
Dec 3, 2010
Sold by
Luu Loi
Bought by
Luu Harris and Luu Loi

Purchase Details

Closed on
Oct 7, 2010
Sold by
Nguyen Tommy
Bought by
Luu Loi

Purchase Details

Closed on
Dec 3, 2003
Sold by
Garcia Suzanne
Bought by
Nguyen Tommy and Nguyen Mai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,200
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 2002
Sold by
Hud
Bought by
Garcia Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,400
Interest Rate
6.52%

Purchase Details

Closed on
Apr 29, 2002
Sold by
First Union National Bank
Bought by
Hud

Purchase Details

Closed on
Dec 27, 2001
Sold by
Flores Agustin
Bought by
First Union National Bank

Purchase Details

Closed on
Sep 23, 1999
Sold by
Lowden R Jeffrey
Bought by
Flores Agustin and Flores Salvador

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,160
Interest Rate
7.96%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 26, 1998
Sold by
Obrien Michael J
Bought by
Lowden R Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,500
Interest Rate
6.92%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 12, 1998
Sold by
First Bank National Assn
Bought by
Obrien Michael J and Obrien Laura E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,500
Interest Rate
6.92%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 1, 1997
Sold by
Rodriguez Gabino
Bought by
First Bank National Assn

Purchase Details

Closed on
Dec 2, 1996
Sold by
Rodriguez Gabino
Bought by
Rodriguez Gabino and Rodriguez Sofia

Purchase Details

Closed on
Nov 22, 1996
Sold by
Ramirez Alfredo R
Bought by
Rodriguez Gabino and Rodriguez Sofia

Purchase Details

Closed on
Oct 29, 1994
Sold by
Rodriguez Gabino
Bought by
Ramirez Alfredo Ramos

Purchase Details

Closed on
Mar 25, 1994
Sold by
Rodriguez Sofia R
Bought by
Rodriguez Gabino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.62%

Purchase Details

Closed on
Feb 16, 1994
Sold by
Home Svgs Of America Fsb
Bought by
Rodriguez Gabino and Rodriguez Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.62%

Purchase Details

Closed on
Oct 1, 1993
Sold by
Serrano Reconveyance Company
Bought by
Home Svgs Of America Fsb
Source: Public Records

Range of Values:

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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
Truong Loc Quang $650,000 None Available
Truong Loc Quang -- None Available
S & A Investment Properties Llc -- None Available
Luu Harris -- None Available
Luu Harris -- Accommodation
Luu Loi -- Ticor Title Company
Luu Loi $320,000 Ticor Title Company
Nguyen Tommy $389,000 Fidelity Van Nuys
Garcia Suzanne $273,000 Fidelity Title
Garcia Suzanne -- Fidelity Title
Hud -- --
First Union National Bank $232,598 --
Flores Agustin $225,000 Gateway Title
Lowden R Jeffrey -- Commonwealth Title
Obrien Michael J $120,000 Stewart Title
First Bank National Assn $129,000 Stewart Title
Rodriguez Gabino -- --
Rodriguez Gabino -- --
Ramirez Alfredo Ramos -- --
Rodriguez Gabino -- Investors Title Company
Rodriguez Gabino $200,500 Investors Title Company
Home Svgs Of America Fsb $214,230 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nguyen Tommy $100,000
Previous Owner Nguyen Tommy $452,000
Previous Owner Nguyen Tommy $311,200
Previous Owner Garcia Suzanne $22,250
Previous Owner Garcia Suzanne $5,000
Previous Owner Garcia Suzanne $218,400
Previous Owner Flores Agustin $223,160
Previous Owner Lowden R Jeffrey $22,500
Previous Owner Obrien Michael J $102,500
Previous Owner Rodriguez Gabino $15,000
Previous Owner Rodriguez Gabino $180,000
Closed Obrien Michael J $20,000
Closed Garcia Suzanne $40,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2017 06/01/17 Sold $650,000 -5.2% $181 / Sq Ft
05/01/2017 05/01/17 Pending -- -- --
04/15/2017 04/15/17 For Sale $685,900 -- $191 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $9,773 $754,374 $348,173 $406,201
2024 $9,773 $739,584 $341,347 $398,237
2023 $9,581 $725,083 $334,654 $390,429
2022 $9,429 $710,867 $328,093 $382,774
2021 $9,203 $696,929 $321,660 $375,269
2019 $9,399 $676,260 $312,120 $364,140
2018 $8,717 $663,000 $306,000 $357,000
2016 $5,584 $416,094 $208,047 $208,047
2015 $5,538 $409,844 $204,922 $204,922
2014 $5,517 $401,816 $200,908 $200,908
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2017

    Phuong Ton-Nu

    First Real Estate Services

    (714) 720-8901

    19 Total Sales

    Phuong Ton-Nu
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17075719

California Regional Multiple Listing Service (CRMLS)

APN: 8323-029-028

California Los Angeles County Pomona 91767 Pomona East

635 Abbey Ln Unit 1-4, Pomona, CA

This home is located at 635 Abbey Ln Unit 1-4, Pomona, CA 91767 since 15 April 2017 and is currently estimated at $1,075,713, approximately $299 per square foot. This property was built in 1961. 635 Abbey Ln Unit 1-4 is a home located in Los Angeles County with nearby schools including Kingsley Elementary School, Emerson Middle School, and Pomona High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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