Seller's Agent in 2019
Daryl Beans
DSB REAL ESTATE
(909) 226-0077
18 Total Sales
640 Linden St Pomona, CA 91766
Downtown Pomona NeighborhoodEstimated Value: $1,725,301 - $1,771,000
7
Beds
6
Baths
3,500
Sq Ft
$499/Sq Ft
Est. Value
About This Home
As of May 2019There are 6 buildings. One is a duplex and the others are five free standing homes. All of the homes have been recently updated and are in great condition. There are no vacancies and the property has rents that are below market. Some of the tenants are students from Cal Poly, and its walking distance from Western U Medical School. This is a great opportunity for an investor to own a property in an area that is growing fast, in an desirable community.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1936
Lot Details
- 9,776 Sq Ft Lot
- 1 Common Wall
- Density is 6-10 Units/Acre
Parking
- 2 Car Garage
Home Design
- 3,500 Sq Ft Home
- Apartment
Bedrooms and Bathrooms
- 7 Bedrooms
- 6 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Location
- Urban Location
Listing and Financial Details
- Tax Lot 3-4
- Tax Tract Number 96
- Assessor Parcel Number 8335022033
Community Details
Overview
- 6 Buildings
- 7 Units
Amenities
- Laundry Facilities
Building Details
- 7 Separate Electric Meters
- 6 Separate Gas Meters
- Fuel Expense $1,071
- Gardener Expense $525
- Insurance Expense $1,400
- Maintenance Expense $1,500
- Professional Management Expense $5,467
- Trash Expense $1,300
- Water Sewer Expense $2,500
- New Taxes Expense $8,000
- Operating Expense $21,763
- Gross Income $69,780
- Net Operating Income $57,479
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 10, 2023
Sold by
Spssm Investments Iii Lp
Bought by
Mlmzg 14 Lp
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,569,200
Outstanding Balance
$20,891,218
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
-$19,143,067
Purchase Details
Closed on
Sep 17, 2020
Sold by
640 Linden St Llc
Bought by
5620 Tx Lincoln Arlington Llc
Purchase Details
Listed on
May 10, 2019
Closed on
May 14, 2019
Sold by
Banh Family Trust
Bought by
640 Linden St Llc
Seller's Agent
Daryl Beans
DSB REAL ESTATE
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$895,000
Sold Price
$895,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.58%
Purchase Details
Closed on
Jul 19, 2013
Sold by
Castrejon Angel and Castrejon Chetana
Bought by
Banh Dan D and Banh Ellen T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
4.53%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 15, 2004
Sold by
Scott Ray and Scott Dolores
Bought by
Castrejon Angel and Castrejon Chetana
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
5.7%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Feb 4, 2000
Sold by
Trust Scott Ray And Dolores Trs Scott Fa and Hotte D And D Trs Hotte Trust
Bought by
Scott Ray and Scott Dolores
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mlmzg 14 Lp | -- | Orange Coast Title Company | |
| 5620 Tx Lincoln Arlington Llc | $1,190,000 | Chicago Title Co | |
| 640 Linden St Llc | $895,000 | Orange Coast Ttl Co Of Socal | |
| Banh Dan D | $580,000 | Old Republic Title Company G | |
| Castrejon Angel | $513,000 | Equity Title Company | |
| Scott Ray | -- | First Southwestern Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mlmzg 14 Lp | $21,569,200 | |
| Previous Owner | Banh Dan D | $355,000 | |
| Previous Owner | Castrejon Angel | $408,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/30/2019 05/30/19 | Sold | $895,000 | 0.0% | $256 / Sq Ft | |
| 05/14/2019 05/14/19 | Pending | -- | -- | -- | |
| 05/10/2019 05/10/19 | For Sale | $895,000 | +54.3% | $256 / Sq Ft | |
| 10/22/2013 10/22/13 | Sold | $580,000 | -7.2% | $179 / Sq Ft | View Prior Sale |
| 07/12/2013 07/12/13 | Pending | -- | -- | -- | |
| 04/15/2013 04/15/13 | For Sale | $625,000 | -- | $193 / 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 | $20,097 | $1,456,560 | $936,360 | $520,200 |
| 2024 | $20,097 | $1,428,000 | $918,000 | $510,000 |
| 2023 | $15,849 | $1,192,380 | $510,000 | $682,380 |
| 2022 | $16,138 | $1,213,800 | $612,000 | $601,800 |
| 2021 | $15,778 | $1,190,000 | $600,000 | $590,000 |
| 2020 | $12,565 | $913,330 | $408,000 | $505,330 |
| 2019 | $3,085 | $637,798 | $307,694 | $330,104 |
| 2018 | $8,952 | $625,301 | $301,661 | $323,640 |
| 2016 | $8,383 | $600,609 | $289,949 | $310,660 |
| 2015 | $8,314 | $591,588 | $285,594 | $305,994 |
| 2014 | $8,288 | $580,000 | $280,000 | $300,000 |
Source: Public Records
Agents Affiliated with this Home
-
Daryl Beans
-
NoEmail NoEmail
N
Buyer's Agent in 2019
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
3 in this area
6,290 Total Sales
-
Kristopher German
Seller's Agent in 2013
Kristopher German
RE/MAX
(909) 645-0443
2 in this area
126 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV19085274
APN: 8335-022-033
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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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