Miguel Pompa
RE/MAX New Dimension
(657) 293-2857
48 Total Sales
1 in Pomona East
$400,000 Price
757 Karesh Ave Pomona, CA 91767
Pomona East Neighborhood
12
Beds
10
Baths
7,676
Sq Ft
0.33
Acre Lot
Highlights
- Gated Community
- Walk-In Closet
- Laundry Facilities
- Lawn
- 12 Detached Carport Spaces
- Security Fence
About This Home
As of February 2020This listing includes 735 & 757 Karesh Avenue (APN 8323-028-003 & 8323-028-004). Tenants pay for electricity. Landlord pays for gas and water. Some units have below market rent; opportunity for higher income.
Easy access to 10, 60, and 71 freeways. Close to Pomona Arts Colony (2 miles), Claremont Colleges (3 miles), Western University (2 miles), Park West High School (1 mile), Montclair Place (3 miles), Pomona Valley Hospital Medical Center (2.5 miles), LA County Fair (3 miles), Cal Poly Pomona (6 miles).
735 Karesh: 6 (1 bed / 1 bath) units
757 Karesh: 2 (2 bed / 1 bath) units + 4 (1 bed / 1 bath) units
(2-bedroom units converted by tenants. 6 more units may be converted to 2-bedroom units; buyer to verify if permissible.)
Potential Rental Income (current rent @100% occupancy; no missing rent): $170,363
Operating Expenses: $44,736
Net Operating Income: $125,627
All units renovated in the last three years, including new windows (roughly $400,000 upgrade).
Gated apartments with 12 carport parking spaces in the rear.
Has appraisal.
Buyer to verify all info.
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Property Details
Home Type
- Apartment
Year Built
- Built in 1960 | Remodeled
Lot Details
- 14,231 Sq Ft Lot
- No Common Walls
- Security Fence
- Rectangular Lot
- Lawn
- Front Yard
- 8323028004
Home Design
- Entry on the 1st floor
Interior Spaces
- 7,676 Sq Ft Home
- 2-Story Property
Kitchen
- Gas Oven
- Gas Range
Bedrooms and Bathrooms
- 12 Bedrooms
- Walk-In Closet
- 10 Bathrooms
Parking
- 12 Parking Spaces
- 12 Detached Carport Spaces
- Parking Available
Location
- Suburban Location
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Listing and Financial Details
- Tenant pays for electricity
- Tax Lot 3
- Tax Tract Number 17170
- Assessor Parcel Number 8323028003
Community Details
Overview
- 2 Buildings
- 12 Units
Building Details
- 12 Leased Units
- 12 Separate Electric Meters
- 12 Separate Water Meters
- Fuel Expense $3,069
- Gardener Expense $600
- Insurance Expense $3,940
- Trash Expense $4,828
- Water Sewer Expense $3,804
- New Taxes Expense $28,495
- Operating Expense $44,736
- Gross Income $170,363
- Net Operating Income $125,627
Additional Features
- Laundry Facilities
- Gated Community
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 17, 2019
Closed on
Feb 12, 2020
Sold by
Bought by
Seller's Agent
Allan Lee
PerSquareFoot Realty
Buyer's Agent
Allan Lee
PerSquareFoot Realty
List Price
$2,380,000
Sold Price
$2,250,000
Premium/Discount to List
-$130,000
-5.46%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,465,000
Interest Rate
3.6%
Mortgage Type
Construction
Purchase Details
Closed on
Feb 20, 2018
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$534,950
Interest Rate
4.15%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 8, 2016
Sold by
Bought by
Purchase Details
Closed on
Sep 25, 2015
Sold by
Bought by
Purchase Details
Closed on
Apr 9, 2015
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
3.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 26, 2013
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
4.18%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 11, 2008
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,500
Interest Rate
5.77%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Pomona East, CA
-
Miguel Pompa
-
Alejandro Martinez
Alejandro Martinez
LPT Realty, Inc
(626) 593-8719
26 Total Sales
1 in Pomona East
$810,000 Price
-
Jenny Jiang
Jenny Jiang
HomeSmart, Evergreen Realty
(949) 390-5316
25 Total Sales
1 in Pomona East
$758,000 Price
-
Mitchell Stein
Mitchell Stein
KW College Park
(424) 332-1466
41 Total Sales
4 in Pomona East
$400K - $500K Price Range
-
Concepcion Ruiz
Concepcion Ruiz
INTERO REAL ESTATE SERVICES
(951) 396-3073
20 Total Sales
1 in Pomona East
$700,000 Price
-
CIERA SIMS-BOTSFORD
CIERA SIMS-BOTSFORD
ANOMALY REAL ESTATE
(951) 749-9183
209 Total Sales
2 in Pomona East
$605,000 Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,250,000 | First American Title Company | ||
| -- | Stewart Title | ||
| -- | Accommodation | ||
| -- | None Available | ||
| $535,000 | Chicago Title Company | ||
| $510,000 | Chicago Title Company | ||
| $500,000 | Investors Title Company |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,690,000 | ||
| Closed | $1,465,000 | ||
| Previous Owner | $534,950 | ||
| Previous Owner | $320,000 | ||
| Previous Owner | $306,000 | ||
| Previous Owner | $374,500 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/26/2020 02/26/20 | Sold | $2,250,000 | -5.5% | $293 / Sq Ft |
| 12/12/2019 12/12/19 | Pending | -- | -- | -- |
| 10/12/2019 10/12/19 | Price Changed | $2,380,000 | +5.8% | $310 / Sq Ft |
| 10/10/2019 10/10/19 | Price Changed | $2,250,000 | -5.5% | $293 / Sq Ft |
| 04/17/2019 04/17/19 | For Sale | $2,380,000 | -- | $310 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $17,318 | $1,230,347 | $683,527 | $546,820 |
| 2024 | $15,939 | $1,206,224 | $670,125 | $536,099 |
| 2023 | $15,630 | $1,182,574 | $656,986 | $525,588 |
| 2022 | $15,389 | $1,159,387 | $644,104 | $515,283 |
| 2021 | $15,042 | $1,136,655 | $631,475 | $505,180 |
| 2020 | $8,568 | $588,178 | $258,248 | $329,930 |
| 2019 | $8,753 | $576,651 | $253,185 | $323,466 |
| 2018 | $8,150 | $565,350 | $248,221 | $317,129 |
| 2016 | $7,618 | $543,158 | $238,583 | $304,575 |
| 2015 | $7,382 | $520,189 | $203,996 | $316,193 |
| 2014 | $7,359 | $510,000 | $200,000 | $310,000 |
Source: Public Records
Agents Affiliated with this Home
-
Allan Lee
Seller's Agent in 2020
Allan Lee
PerSquareFoot Realty
(626) 600-5125
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: TR19210585
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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