E
Seller's Agent in 2024
Erica Fang
MILANO REALTY
651 Loranne Ave Pomona, CA 91767
Pomona East NeighborhoodEstimated Value: $694,000 - $796,388
4
Beds
2
Baths
1,706
Sq Ft
$430/Sq Ft
Est. Value
Highlights
- No Units Above
- 3 Car Garage
- Wall Furnace
- Laundry Room
- Rectangular Lot
- 1-Story Property
About This Home
As of May 2024Amazing Investment Opportunity in the heart of Pomona! This charming duplex offers two well maintained units each with 2 bedrooms and 1 bathroom. Each unit individually metered for gas and electricity. There is ample parking entering from the alley with garage and open driveway parking. The 3 car garage can be converted into an Additional Dwelling Unit (ADU). Conveniently located near shops, restaurants, schools with ease of access to the 10 freeway. Please do not disturb tenants or walk on property.
Last Agent to Sell the Property
Erica Fang
MILANO REALTY License #01990384 Listed on: 01/20/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1956
Lot Details
- 6,223 Sq Ft Lot
- No Units Above
- No Units Located Below
- 1 Common Wall
- Rectangular Lot
Parking
- 3 Car Garage
- Parking Available
- Driveway
Home Design
- Duplex
- Entry on the 1st floor
- Shingle Roof
Interior Spaces
- 1,706 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Location
- Suburban Location
Utilities
- Wall Furnace
- Natural Gas Connected
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 2
- Tax Tract Number 17499
- Assessor Parcel Number 8323011015
- $534 per year additional tax assessments
Community Details
Building Details
- 2 Leased Units
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,115
- Trash Expense $852
- Water Sewer Expense $860
- Operating Expense $2,827
- Gross Income $38,400
- Net Operating Income $35,573
Additional Features
- 2 Units
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 20, 2024
Closed on
May 25, 2024
Sold by
Los Angeles Properties Llc
Bought by
Aguiniga Daniel and Torres Jennifer
Seller's Agent
Erica Fang
MILANO REALTY
Buyer's Agent
Concepcion Ruiz
Concepcion Ruiz
List Price
$675,000
Sold Price
$700,000
Premium/Discount to List
$25,000
3.7%
Views
102
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,847
Avg. Annual Appreciation
2.63%
Original Mortgage
$687,321
Outstanding Balance
$675,009
Interest Rate
7.1%
Mortgage Type
FHA
Estimated Equity
$58,838
Purchase Details
Listed on
Jan 20, 2024
Closed on
May 23, 2024
Sold by
Los Angeles Properties Llc
Bought by
Aguiniga Daniel and Torres Jennifer
Seller's Agent
Erica Fang
MILANO REALTY
Buyer's Agent
Concepcion Ruiz
Concepcion Ruiz
List Price
$675,000
Sold Price
$700,000
Premium/Discount to List
$25,000
3.7%
Views
102
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$687,321
Outstanding Balance
$675,009
Interest Rate
7.1%
Mortgage Type
FHA
Estimated Equity
$58,838
Purchase Details
Closed on
Jul 16, 2009
Sold by
Reynoso Jose Luis and Reynoso Karla
Bought by
Los Angeles Properties Llc
Purchase Details
Closed on
Feb 18, 2009
Sold by
Wachovia Bank Na
Bought by
Accredited Home Lenders Inc
Purchase Details
Closed on
Sep 30, 2008
Sold by
Accredited Home Lenders Inc
Bought by
Wachovia Bank Na
Purchase Details
Closed on
Aug 14, 2008
Sold by
Reynoso Jose Luis and Reynoso Karla
Bought by
Accredited Home Lenders Inc
Purchase Details
Closed on
Jun 22, 2007
Sold by
Reynoso Jose Luis
Bought by
Reynoso Jose Luis and Reynoso Karla
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
9.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 17, 2006
Sold by
Reynoso Karla L
Bought by
Reynoso Jose Luis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
8.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 2, 2005
Sold by
Reynoso Jose Luis
Bought by
Reynoso Jose Luis and Reynoso Karla L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 24, 2003
Sold by
Reynoso Jose Luis and Guerrero Rosa Elena
Bought by
Reynoso Jose Luis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 11, 1999
Sold by
Shank Leland and Shank Family Trust
Bought by
Reyes Jose Luis Reynoso and Guerrero Rosa Elena
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,816
Interest Rate
6.94%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 17, 1995
Sold by
Shank Leland and Shank Helen R
Bought by
Shank Leland Russell and Shank Helen Rose Ann
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 |
|---|---|---|---|
| Aguiniga Daniel | $700,000 | Western Resources Title | |
| Aguiniga Daniel | $700,000 | Western Resources Title | |
| Los Angeles Properties Llc | $145,000 | None Available | |
| Accredited Home Lenders Inc | -- | Fidelity Natl Title Ins Co | |
| Wachovia Bank Na | -- | None Available | |
| Accredited Home Lenders Inc | $355,950 | Fidelity Natl Title Ins Co | |
| Reynoso Jose Luis | -- | Southland Title Co Irvine | |
| Reynoso Jose Luis | -- | Southland Title Co Irvine | |
| Reynoso Jose Luis | -- | Security Union Title | |
| Reynoso Jose Luis | -- | Southland Title Corporation | |
| Reyes Jose Luis Reynoso | $120,000 | United Title | |
| Shank Leland Russell | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Aguiniga Daniel | $687,321 | |
| Closed | Aguiniga Daniel | $687,321 | |
| Previous Owner | Reynoso Jose Luis | $392,000 | |
| Previous Owner | Reynoso Jose Luis | $305,000 | |
| Previous Owner | Reynoso Jose Luis | $250,000 | |
| Previous Owner | Reynoso Jose Luis | $146,250 | |
| Previous Owner | Reyes Jose Luis Reynoso | $119,816 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/30/2024 05/30/24 | Sold | $700,000 | +3.7% | $410 / Sq Ft |
| 02/22/2024 02/22/24 | For Sale | $675,000 | -3.6% | $396 / Sq Ft |
| 02/19/2024 02/19/24 | Off Market | $700,000 | -- | -- |
| 01/20/2024 01/20/24 | For Sale | $675,000 | -- | $396 / 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 | $2,731 | $714,000 | $408,000 | $306,000 |
| 2024 | $2,731 | $183,483 | $126,543 | $56,940 |
| 2023 | $2,679 | $179,886 | $124,062 | $55,824 |
| 2022 | $2,637 | $176,360 | $121,630 | $54,730 |
| 2021 | $2,572 | $172,903 | $119,246 | $53,657 |
| 2019 | $2,632 | $167,776 | $115,710 | $52,066 |
| 2018 | $2,360 | $164,488 | $113,442 | $51,046 |
| 2016 | $2,210 | $158,103 | $109,038 | $49,065 |
| 2015 | $2,192 | $155,729 | $107,401 | $48,328 |
| 2014 | $2,188 | $152,680 | $105,298 | $47,382 |
Source: Public Records
Agents Affiliated with this Home
-
-
Cam Luu
C
Seller Co-Listing Agent in 2024
Cam Luu
MILANO REALTY
(626) 864-4715
1 in this area
26 Total Sales
-
Concepcion Ruiz
Buyer's Agent in 2024
Concepcion Ruiz
Concepcion Ruiz
(951) 202-1830
1 in this area
21 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS24011711
APN: 8323-011-015
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.
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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