NOT LISTED FOR SALE

699 Karesh Ave Pomona, CA 91767

Pomona East Neighborhood
6 Beds
6 Baths
3,838 Sq Ft
7,063 Sq Ft Lot

Last Sold December 16, 2015

Last sale price $560,000 $146 Per Sq Ft

8 Days on Market

About This Home

As of December 2015

Great Investment In Town!! 6-Unit Apartment With All Fully Occupancy! Newly Remodeled for 5 Units. Wood Flooring Throughout In 5 Units; New Interior Paint; New Blinds; New Gates. The Subject Property Has NO RENT CONTROL. Low Maintenance; Stable Tenants. 6-Carport Parking Spaces At the Back. Gated Community.

Last Agent to Sell the Property

Jamie Chao

Pinnacle Real Estate Group License #01227621 Listed on: 10/15/2015

Pinnacle Real Estate Group

Last Buyer's Agent

Jamie Chao

Pinnacle Real Estate Group License #01227621 Listed on: 10/15/2015

Pinnacle Real Estate Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 7,063 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 6 Car Garage

Home Design

  • 3,838 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 17170
  • Assessor Parcel Number 8323028006

Community Details

Overview

  • 6 Units

Building Details

  • 6 Leased Units
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $600
  • Gardener Expense $1,020
  • Insurance Expense $2,000
  • Professional Management Expense $4,200
  • Trash Expense $1,440
  • Water Sewer Expense $3,600
  • New Taxes Expense $6,975
  • Gross Income $4,725
  • Net Operating Income $35,065

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Parking

6

Listing Details

  • CapRate: 6.30
  • Professional Management Expense: 4200.00
  • Property Attached: No
  • Water Sewer Expenses: 3600.00
  • Property Type: Residential Income
  • Gardener Expense: 1020.00
  • Parcel Number: 8323028006
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 145.91

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 1440.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7063.00
  • Price Per Lot Square Foot: 79.29
  • Lot Size Acres: 0.1620

Multi Family

  • Electric Expense: 600.00
  • Gross Income: 4725.00
  • Gross Scheduled Income: 56700.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 7063.0000 Square Feet
  • Net Operating Income: 35065.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 21635.00
  • Rent Control: No
  • Total Actual Rent: 4725.00

Tax Info

  • New Taxes Expense: 6975.00
  • Tax Lot: 6
  • Tax Tract Number: 17170

Range of Values:

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Value Increase
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Percent Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2015 12/16/15 Sold $560,000 +0.4% $146 / Sq Ft
10/23/2015 10/23/15 Pending -- -- --
10/15/2015 10/15/15 For Sale $558,000 -- $145 / 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 $12,495 $933,017 $364,104 $568,913
2024 $12,495 $914,723 $356,965 $557,758
2023 $12,256 $896,788 $349,966 $546,822
2022 $12,065 $879,204 $343,104 $536,100
2021 $11,789 $861,966 $336,377 $525,589
2019 $12,029 $836,400 $326,400 $510,000
2018 $8,355 $582,624 $260,100 $322,524
2016 $7,811 $560,000 $250,000 $310,000
2015 $6,939 $482,164 $428,592 $53,572
2014 $6,920 $472,720 $420,197 $52,523
Source: Public Records

Agents Affiliated with this Home

  • Jamie Chao

    Seller's Agent in 2015

    Jamie Chao

    Pinnacle Real Estate Group

    (626) 964-8999

    30 Total Sales

    Jamie Chao
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR15225987

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Pomona 91767 Pomona East

699 Karesh Ave, Pomona, CA

Not Listed for Sale

MultiFamily

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