Seller's Agent in 2022
Bria Yik
Real Estates Unlimited
(323) 377-4082
2 in this area
35 Total Sales
687 Karesh Ave Pomona, CA 91767
Pomona East Neighborhood
9
Beds
6
Baths
3,838
Sq Ft
7,214
Sq Ft Lot
Highlights
- Living Room
- Level Lot
- Wall Furnace
- Laundry Room
About This Home
As of April 2022Fully occupied 6 Unit investment opportunity in Pomona ~ 687 KARESH is a two-story apartment building built in 1960, and comprised of 3,838 SF of rentable space situated on a 7,215 SF parcel. Attractive unit mix of (3) two-bedroom 1-bath units and (3) 1-bedroom 1-bath units. Tenants enjoy the convenience of gated entry, on-site laundry and parking. Conveniently located next to the I-10 fwy, transportations, restaurant & shops, schools & parks and within minutes to Cal State Pomona & Pomona Fairplex. Plenty of upside in rents. This property is ideal for an investor to add onto their portfolio or to complete their 1031 Exchange.
Last Agent to Sell the Property
Real Estates Unlimited License #01341144 Listed on: 11/12/2021
Last Buyer's Agent
Dave Raj
Star Commerical Real Estate License #01165137
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1960
Lot Details
- 7,215 Sq Ft Lot
- Two or More Common Walls
- Level Lot
Home Design
- Property Attached
Interior Spaces
- 3,838 Sq Ft Home
- 2-Story Property
- Living Room
- Laundry Room
Kitchen
- Gas Range
- Range Hood
Bedrooms and Bathrooms
- 9 Bedrooms
- 6 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
Additional Features
- Exterior Lighting
- Wall Furnace
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 7
- Tax Tract Number 17170
- Assessor Parcel Number 8323028007
- $1,533 per year additional tax assessments
Community Details
Building Details
- 6 Leased Units
- 7 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $660
- Gardener Expense $1,200
- Insurance Expense $2,200
- Trash Expense $2,556
- Water Sewer Expense $1,440
- Operating Expense $8,056
- Gross Income $88,500
- Net Operating Income $80,444
Additional Features
- 6 Units
- Laundry Facilities
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/12/2022 04/12/22 | Sold | $1,237,500 | -4.8% | $322 / Sq Ft |
| 01/07/2022 01/07/22 | For Sale | $1,300,000 | +5.1% | $339 / Sq Ft |
| 01/02/2022 01/02/22 | Off Market | $1,237,500 | -- | -- |
| 01/01/2022 01/01/22 | For Sale | $1,300,000 | +5.1% | $339 / Sq Ft |
| 12/15/2021 12/15/21 | Off Market | $1,237,500 | -- | -- |
| 12/14/2021 12/14/21 | For Sale | $1,300,000 | +5.1% | $339 / Sq Ft |
| 12/13/2021 12/13/21 | Off Market | $1,237,500 | -- | -- |
| 11/12/2021 11/12/21 | For Sale | $1,300,000 | -- | $339 / 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 | $16,932 | $1,313,243 | $905,952 | $407,291 |
| 2024 | $16,932 | $1,287,494 | $888,189 | $399,305 |
| 2023 | $16,603 | $1,262,250 | $870,774 | $391,476 |
| 2022 | $7,977 | $535,191 | $243,267 | $291,924 |
| 2021 | $7,787 | $524,698 | $238,498 | $286,200 |
| 2019 | $7,924 | $509,387 | $231,425 | $277,962 |
| 2018 | $7,358 | $499,405 | $226,888 | $272,517 |
| 2016 | $6,874 | $479,775 | $218,079 | $261,696 |
| 2015 | $6,819 | $472,570 | $214,804 | $257,766 |
| 2014 | $6,801 | $463,314 | $210,597 | $252,717 |
Source: Public Records
Agents Affiliated with this Home
-
Bria Yik
-
D
Buyer's Agent in 2022
Dave Raj
Star Commerical Real Estate
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR21246841
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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