NOT LISTED FOR SALE

Estimated Value: $832,000 - $1,053,615

6 Beds
4 Baths
2,236 Sq Ft
$419/Sq Ft Est. Value

Last Sold January 08, 2019

Last sale price $612,500 $274 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,736/month

112 Days on Market

About This Home

As of January 2019

Excellent investment opportunity, Located in the city of Pomona, front single house (2/1), rear building are 3 units(two 1/1 and one 2/1) with one car garage and 4 more parking spaces in driveway. utilities have separate meters for electricity and gas, all units are tenant occupy, Perfect for an investor ready to take on a strong steady income. Conveniently located to everything.

Last Agent to Sell the Property

Steven Chang

RE/MAX Galaxy License #01342782 Listed on: 08/08/2018

RE/MAX Galaxy

Last Buyer's Agent

Ken Shah

KW Commercial License #01959110

KW Commercial

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,902

Year Built

  • Built in 1952

Lot Details

  • 8,177 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 4 Open Parking Spaces
  • 3 Car Garage

Home Design

  • 2,236 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 8.23
  • Tax Tract Number 28
  • Assessor Parcel Number 8335018023

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $1,439
  • Maintenance Expense $1,000
  • Trash Expense $1,290
  • Water Sewer Expense $1,290
  • New Taxes Expense $5,239
  • Operating Expense $11,023
  • Gross Income $35,777
  • Net Operating Income $35,777

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,902

Year Built

Built in 1952

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1290.00
  • Zoning: POT3*
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 8335018023
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 273.93

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Trash Expense: 1290.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 8177.00
  • Lot Size Acres: 0.1877

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 35777.00
  • Gross Scheduled Income: 46800.00
  • Insurance Expense: 1439.00
  • Lot Size Area: 8177.0000 Square Feet
  • Maintenance Expense: 1000.00
  • Net Operating Income: 35777.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 11023.00
  • Rent Control: No
  • Total Expenses: 11023.00

Tax Info

  • New Taxes Expense: 5239.00
  • Tax Census Tract: 4028.01
  • Tax Lot: 8.23
  • Tax Tract Number: 28.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2018
Closed on
Dec 3, 2018
Sold by
Huang Herbert Henry and Huang Vanessa Esteves
Bought by
Amin Satyen and Amin Purvi
Seller's Agent
Steven Chang
RE/MAX Galaxy
Buyer's Agent
Ken Shah
KW Commercial
List Price
$628,800
Sold Price
$612,500
Premium/Discount to List
-$16,300
-2.59%
Current Estimated Value
$937,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,904
Avg. Annual Appreciation
6.37%
Original Mortgage
$459,375
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2012
Sold by
Huang Ming Zen and Huang Edna H
Bought by
Huang Herbert Henry and Huang Vanessa Esteves

Purchase Details

Closed on
Jul 9, 2009
Sold by
Trio Group Inc
Bought by
Huang Ming Zen and Huang Edna H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,600
Interest Rate
4.8%
Mortgage Type
Unknown

Purchase Details

Closed on
May 19, 2009
Sold by
Pasillas Estanizlao
Bought by
Trio Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,600
Interest Rate
4.8%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 2, 2007
Sold by
Pasillas Marlin Alvarado
Bought by
Pasillas Estanizlao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.19%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 29, 2007
Sold by
Aldape Vicente
Bought by
Pasillas Estanizlao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.19%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 2, 2004
Sold by
Aldape Vicente
Bought by
Aldape Vicente

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2001
Sold by
Aldape Vincente
Bought by
Aldape Vincente

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,576
Interest Rate
6.57%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 13, 1999
Sold by
Garcia Antonio and Garcia Clementina
Bought by
Aldape Vicente

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,577
Interest Rate
7.97%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Amin Satyen $612,500 Stewart Title
Huang Herbert Henry -- None Available
Huang Ming Zen $340,000 Calcounties Title Nation Co
Trio Group Inc $228,865 None Available
Pasillas Estanizlao -- Landsafe Title Company
Pasillas Estanizlao $600,000 Landsafe Title Company
Aldape Vicente -- Lawyers Title Co
Aldape Vincente -- Orange Coast Title
Aldape Vincente -- Orange Coast Title
Aldape Vicente $174,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amin Satyen $446,000
Closed Amin Satyen $459,375
Previous Owner Trio Group Inc $159,600
Previous Owner Pasillas Estanizlao $120,000
Previous Owner Pasillas Estanizlao $480,000
Previous Owner Aldape Vicente $328,000
Previous Owner Aldape Vicente $0
Previous Owner Aldape Vincente $172,576
Previous Owner Aldape Vicente $172,577
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2019 01/08/19 Sold $612,500 -2.6% $274 / Sq Ft
10/01/2018 10/01/18 For Sale $628,800 +2.7% $281 / Sq Ft
09/12/2018 09/12/18 Off Market $612,500 -- --
08/08/2018 08/08/18 For Sale $628,800 -- $281 / 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 $8,902 $683,252 $334,654 $348,598
2024 $8,902 $669,856 $328,093 $341,763
2023 $8,727 $656,722 $321,660 $335,062
2022 $8,587 $643,846 $315,353 $328,493
2021 $8,390 $631,222 $309,170 $322,052
2020 $8,363 $625,070 $306,000 $319,070
2019 $8,567 $612,820 $300,000 $312,820
2018 $5,330 $386,029 $272,267 $113,762
2016 $5,005 $370,734 $261,696 $109,038
2015 $4,964 $365,167 $257,766 $107,401
2014 $4,949 $358,015 $252,717 $105,298
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR18184732

California Regional Multiple Listing Service (CRMLS)

APN: 8335-018-023