Seller's Agent in 2023
Benjamin Perez
CENTURY 21 PRIMETIME REALTORS
(951) 741-6421
1 in this area
71 Total Sales
812 S Towne Ave Pomona, CA 91766
Pomona East NeighborhoodEstimated Value: $747,000 - $890,167
5
Beds
2
Baths
1,836
Sq Ft
$432/Sq Ft
Est. Value
About This Home
As of September 2023Welcome to this incredible duplex property with endless potential for expansion and increased value! Situated on a spacious lot in the heart of Pomona, this property offers the unique opportunity to subdivide the land and build two additional units on each parcel, resulting in a total of four units.
The existing duplex boasts two well-maintained and spacious units, featuring a Three Bedrooms, One Bathroom, and a Two Bedroom, One Bathroom. Both units have long time renters that would prefer to stay if possible.
With the potential to build two additional units on each subdivided parcel, this property presents an exceptional investment opportunity. By expanding the property, you can significantly increase rental income and property value. Imagine the potential for substantial monthly cash flow and long-term appreciation!
The expansive lot offers plenty of space for outdoor activities, gardening, or even the addition of amenities such as a communal patio or BBQ area. The property is conveniently located in a desirable neighborhood, close to schools, parks, shopping centers, and major transportation routes, ensuring easy access to all amenities.
Investors and developers will appreciate the flexibility and potential this property offers. Whether you choose to subdivide and build additional units or simply enjoy the existing duplex, the upside in rents and property value is undeniable.
Don't miss out on this incredible opportunity to own a duplex with the potential for expansion and increased returns. Schedule a showing today and explore the possibilities that await you in this remarkable property!
Last Agent to Sell the Property
CENTURY 21 PRIMETIME REALTORS License #01750571 Listed on: 08/07/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,209
Year Built
- Built in 1947
Lot Details
- 0.3 Acre Lot
- No Common Walls
Parking
- 2 Car Garage
Home Design
- Duplex
Interior Spaces
- 1,836 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Legal Lot and Block 11 / 174
- Assessor Parcel Number 8333003030
- $700 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Gross Income $41,184
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 7, 2023
Closed on
Aug 25, 2023
Sold by
Correia Raymond Robert
Bought by
Correia Maria Guadalupe
Seller's Agent
Benjamin Perez
CENTURY 21 PRIMETIME REALTORS
Buyer's Agent
Jorge Jara
SoCal 5 Real Estate
List Price
$698,888
Sold Price
$715,000
Premium/Discount to List
$16,112
2.31%
Views
70
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
$77,792
Avg. Annual Appreciation
5.59%
Original Mortgage
$702,049
Outstanding Balance
$688,166
Interest Rate
7.09%
Mortgage Type
FHA
Estimated Equity
$104,626
Purchase Details
Listed on
Aug 7, 2023
Closed on
Aug 21, 2023
Sold by
Correia Maria Guadalupe
Bought by
Garcia Elias and Garcia Rocio
Seller's Agent
Benjamin Perez
CENTURY 21 PRIMETIME REALTORS
Buyer's Agent
Jorge Jara
SoCal 5 Real Estate
List Price
$698,888
Sold Price
$715,000
Premium/Discount to List
$16,112
2.31%
Views
70
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$702,049
Outstanding Balance
$688,166
Interest Rate
7.09%
Mortgage Type
FHA
Estimated Equity
$104,626
Purchase Details
Closed on
Oct 15, 2015
Sold by
Perez Raquel
Bought by
Correia Maria Guadalupe
Purchase Details
Closed on
Mar 23, 2011
Sold by
Uribe Jorge and Uribe Argelia
Bought by
Uribe Argelia and Perez Raquel
Purchase Details
Closed on
Dec 9, 2010
Sold by
Uribe Jorge and Iniguez Maria Guadalupe
Bought by
Uribe Jorge and Iniguez Maria Guadalupe
Purchase Details
Closed on
Nov 20, 2007
Sold by
Us Bank Na
Bought by
Uribe Jorge and Iniguez Maria Guadalupe
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 7, 2007
Sold by
Fajardo Adelaida
Bought by
Us Bank Na and Lehman Brothers Structured Asset Investm
Purchase Details
Closed on
Jan 27, 2006
Sold by
Riojas Raul and Riojas Gloria
Bought by
Fajardo Adelaida
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,500
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Nov 4, 1994
Sold by
Roble John J and Roble Caroline L
Bought by
Riojas Raul and Riojas Gloria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Interest Rate
9.21%
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 |
|---|---|---|---|
| Correia Maria Guadalupe | -- | Chicago Title | |
| Garcia Elias | $715,000 | Chicago Title | |
| Correia Maria Guadalupe | -- | None Available | |
| Correia Maria Guadalupe | -- | None Available | |
| Correia Maria Guadalupe | -- | None Available | |
| Uribe Argelia | -- | None Available | |
| Uribe Jorge | -- | None Available | |
| Uribe Jorge | $405,000 | First American Title Company | |
| Us Bank Na | $408,000 | Accommodation | |
| Fajardo Adelaida | $470,000 | Alliance Title Riverside | |
| Riojas Raul | $154,000 | Orange Coast Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Garcia Elias | $702,049 | |
| Previous Owner | Uribe Jorge | $324,000 | |
| Previous Owner | Fajardo Adelaida | $446,500 | |
| Previous Owner | Riojas Raul | $115,500 | |
| Closed | Riojas Raul | $7,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/28/2023 09/28/23 | Sold | $715,000 | +2.3% | $389 / Sq Ft |
| 08/15/2023 08/15/23 | Pending | -- | -- | -- |
| 08/07/2023 08/07/23 | For Sale | $698,888 | +288.3% | $381 / Sq Ft |
| 11/30/2012 11/30/12 | Sold | $180,000 | -- | $98 / Sq Ft |
| 10/30/2012 10/30/12 | Pending | -- | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $9,209 | $729,300 | $423,300 | $306,000 |
| 2024 | $9,209 | $715,000 | $415,000 | $300,000 |
| 2023 | $4,935 | $355,826 | $200,986 | $154,840 |
| 2022 | $4,858 | $348,850 | $197,046 | $151,804 |
| 2021 | $4,747 | $342,011 | $193,183 | $148,828 |
| 2020 | $4,732 | $338,505 | $191,203 | $147,302 |
| 2019 | $4,843 | $331,868 | $187,454 | $144,414 |
| 2018 | $4,325 | $325,362 | $183,779 | $141,583 |
| 2016 | $4,007 | $308,444 | $215,941 | $92,503 |
| 2015 | $3,974 | $303,812 | $212,698 | $91,114 |
| 2014 | $3,957 | $297,862 | $208,532 | $89,330 |
Source: Public Records
Agents Affiliated with this Home
-
Benjamin Perez
-
Jorge Jara
J
Buyer's Agent in 2023
Jorge Jara
SoCal 5 Real Estate
(323) 712-5012
1 in this area
53 Total Sales
-
Lilian portillo
Seller's Agent in 2012
Lilian portillo
Luxury Collective
(818) 751-3457
15 Total Sales
-
K
Seller Co-Listing Agent in 2012
Kathy Serrano
No Firm Affiliation
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV23146797
APN: 8333-003-030
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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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