F
Seller's Agent in 2018
Faye Tran
Elevate Real Estate Agency
(626) 644-7989
2 Total Sales
844 E Mission Blvd Pomona, CA 91766
Pomona East Neighborhood
8
Beds
6
Baths
5,351
Sq Ft
0.29
Acres
About This Home
As of November 2018Amazing Investment Opportunity! Two parcels for one price! This unique property has a combined total of 6 units including both residential and commercial use. The rear of the property consists of a residential building that is around 2,700 SF. In the front, 3 commercial units add to the income and seclusion of the residential tenants. One of the 3 units (844 E. Mission) is a stand alone building approximately 2,000 SF, while the other 2 units are attached (854-856 E. Mission), each about 500 SF. This is a commercially zoned property. Lots of potential - possible uses include retail, export and import, bookstore, office space, etc. Savvy investors may choose to benefit from this income-producing property with a fantastic cap rate or build out a commercial complex. All units are currently occupied. Please do not disturb the tenants. Showing subject to approved offer. All offers can be submitted subject to inspection.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,359
Year Built
- Built in 1946
Lot Details
- 0.29 Acre Lot
- Two or More Common Walls
- 8335020006
Home Design
- 5,351 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 8 Bedrooms
- 6 Bathrooms
Parking
- 8 Open Parking Spaces
- 9 Parking Spaces
- 1 Carport Space
Additional Features
- Exterior Lighting
- Urban Location
Listing and Financial Details
- Tax Lot 5
- Tax Tract Number 13304
- Assessor Parcel Number 8335020005
Community Details
Overview
- 3 Buildings
- 6 Units
Building Details
- 6 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $3,000
- Fuel Expense $960
- Insurance Expense $2,640
- Trash Expense $1,164
- Water Sewer Expense $1,464
- New Taxes Expense $8,000
- Operating Expense $9,228
- Gross Income $82,200
- Net Operating Income $72,972
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 29, 2018
Closed on
Nov 13, 2018
Sold by
C2 Invesco Llc
Bought by
W Investment & Development Ii Llc
Seller's Agent
Faye Tran
Elevate Real Estate Agency
Buyer's Agent
Joyce Lee
GLOBAL INV. GRP.,INC.
List Price
$888,000
Sold Price
$883,000
Premium/Discount to List
-$5,000
-0.56%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,000
Outstanding Balance
$470,499
Interest Rate
4.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 26, 2018
Sold by
Tran Faye
Bought by
C2 Invesco Llc and Olita Llc
Purchase Details
Closed on
Sep 9, 2014
Sold by
C2 Invesco Llc
Bought by
C2 Invesco Llc and Olita Llc
Purchase Details
Closed on
Jun 19, 2014
Sold by
Tran Faye
Bought by
C2 Invesco Llc
Purchase Details
Listed on
May 9, 2013
Closed on
Jan 21, 2014
Sold by
International Investment Group Inc
Bought by
Tran Faye and Lin Susin
Seller's Agent
Nabil Abouriche
Nabil Abouriche Realty
Buyer's Agent
Tony Zeng
METRO REAL ESTATE GROUP
List Price
$925,000
Sold Price
$590,000
Premium/Discount to List
-$335,000
-36.22%
Purchase Details
Closed on
Dec 20, 2011
Sold by
Hagan James William
Bought by
International Investment Group Inc and Kna Corporation
Purchase Details
Closed on
Oct 27, 2010
Sold by
Hagan James William and Hagan Naomi Thomas
Bought by
Hagan James William
Purchase Details
Closed on
Sep 13, 2004
Sold by
Bradford Naomi Thomas
Bought by
Bradford Naomi Thomas and Naomi Thomas Bradford Revocable Living T
Purchase Details
Closed on
Mar 17, 2004
Sold by
Bradford Naomi Thomas and Charles Homer Bradford 1995 Tr
Bought by
Bradford Naomi Thomas
Purchase Details
Closed on
Jun 5, 1995
Sold by
Bradford Charles H
Bought by
Bradford Charles Holmer
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| W Investment & Development Ii Llc | $883,000 | First American Title | |
| C2 Invesco Llc | -- | None Available | |
| C2 Invesco Llc | -- | None Available | |
| C2 Invesco Llc | -- | Accommodation | |
| Tran Faye | $590,000 | Fatcola | |
| International Investment Group Inc | $300,000 | Usa National Title Company | |
| Hagan James William | -- | None Available | |
| Bradford Naomi Thomas | -- | -- | |
| Bradford Naomi Thomas | -- | -- | |
| Bradford Charles Holmer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | W Investment & Development Ii Llc | $533,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/29/2018 11/29/18 | Sold | $883,000 | -0.6% | $165 / Sq Ft |
| 08/23/2018 08/23/18 | Pending | -- | -- | -- |
| 07/29/2018 07/29/18 | For Sale | $888,000 | +50.5% | $166 / Sq Ft |
| 01/31/2014 01/31/14 | Sold | $590,000 | -36.2% | $110 / Sq Ft |
| 01/21/2014 01/21/14 | Pending | -- | -- | -- |
| 08/23/2012 08/23/12 | For Sale | $925,000 | -- | $173 / Sq Ft |
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 | $6,359 | $491,939 | $312,343 | $179,596 |
| 2024 | $6,359 | $482,294 | $306,219 | $176,075 |
| 2023 | $6,236 | $472,838 | $300,215 | $172,623 |
| 2022 | $6,141 | $463,568 | $294,329 | $169,239 |
| 2021 | $5,997 | $454,479 | $288,558 | $165,921 |
| 2019 | $6,127 | $441,000 | $280,000 | $161,000 |
| 2018 | $5,110 | $390,815 | $249,277 | $141,538 |
| 2016 | $4,784 | $375,642 | $239,599 | $136,043 |
| 2015 | $4,744 | $370,000 | $236,000 | $134,000 |
| 2014 | $2,160 | $148,571 | $112,709 | $35,862 |
Source: Public Records
Agents Affiliated with this Home
-
-
J
Buyer's Agent in 2018
Joyce Lee
GLOBAL INV. GRP.,INC.
(626) 308-1536
17 Total Sales
-
N
Seller's Agent in 2014
Nabil Abouriche
Nabil Abouriche Realty
-
T
Buyer's Agent in 2014
Tony Zeng
METRO REAL ESTATE GROUP
(909) 702-8889
1 Total Sale
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: TR18182901
APN: 8335-020-005
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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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