NOT LISTED FOR SALE

Estimated Value: $800,000 - $894,000

6 Beds
2 Baths
2,086 Sq Ft
$401/Sq Ft Est. Value

Last Sold September 28, 2021

Last sale price $661,000 $317 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $5,261/month

86 Days on Market

About This Home

As of September 2021

BACK ON THE MARKET! This two-unit property is a great investment for a first-time investor or seasoned investor seeking solid returns; or live in one and rent the other! Units are detached, each feature 3 bedrooms, 1 bathroom and laundry area. Front Unit has been remodeled with new kitchen, flooring, paint and much more. Separate gas and electric meters, one car garage for each unit, plus additional off-street parking which can be accessed from the alley. Close to Downtown Pomona, Metrolink, City Hall and entertainment! Buyer to complete their own due diligence in regards to all aspects of the property, including sqft, income, expenses and potential rents. Potential cap rate could be 5.8%.

Last Agent to Sell the Property

The Mark and Al Team

CENTURY 21 MASTERS License #00914322 Listed on: 06/02/2021

CENTURY 21 MASTERS

Last Buyer's Agent

PABLO MEDINA

CHAMPIONS REAL ESTATE License #00770091

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,850

Year Built

  • Built in 1952

Lot Details

  • 6,904 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Home Design

  • 2,086 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting
  • Septic Type Unknown

Listing and Financial Details

  • Legal Lot and Block 6 / 126
  • Assessor Parcel Number 8333017013

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,056
  • Trash Expense $1,279
  • Water Sewer Expense $1,015
  • New Taxes Expense $6,600
  • Operating Expense $10,032
  • Gross Income $39,600
  • Net Operating Income $29,244

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,850

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • CapRate: 4.64
  • Price Per Unit: 314950
  • Property Attached: No
  • Water Sewer Expenses: 1015.00
  • Zoning: POC4*
  • Property Type: Residential Income
  • Parcel Number: 8333017013
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 316.87

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Unknown
  • Trash Expense: 1279.00

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6904.00
  • Lot Size Acres: 0.1585

Multi Family

  • Gross Income: 39600.00
  • Gross Scheduled Income: 39600.00
  • Insurance Expense: 1056.00
  • Lot Size Area: 6904.0000 Square Feet
  • Net Operating Income: 29244.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 10356.00
  • Rent Control: No
  • Total Expenses: 10032.00

Tax Info

  • New Taxes Expense: 6600.00
  • Tax Block: 126
  • Tax Census Tract: 4088.00
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2021
Closed on
Sep 22, 2021
Sold by
Lee Frankie Shui and Lee Janice Fung
Bought by
Zepeda Juvenal
Seller's Agent
The Mark and Al Team
CENTURY 21 MASTERS
Buyer's Agent
PABLO MEDINA
CHAMPIONS REAL ESTATE
List Price
$629,900
Sold Price
$661,000
Premium/Discount to List
$31,100
4.94%
Current Estimated Value
$836,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,504
Avg. Annual Appreciation
6.16%
Original Mortgage
$100,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 3, 2015
Sold by
Fung Lee Frankie Shui and Fung Lee Janice
Bought by
Frankie & Janice Lee Family Trust

Purchase Details

Closed on
Nov 30, 2000
Sold by
Romo Victor and The Leo & Lupe Romo Living Tru
Bought by
Lee Frankie and Lee Janice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.13%

Purchase Details

Closed on
Jan 8, 2000
Sold by
Romo Naty
Bought by
Romo Victor and The Leo & Lupe Romo Family Tru
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Zepeda Juvenal $661,000 Wfg National Title Company
Frankie & Janice Lee Family Trust -- None Available
Lee Frankie $130,000 Lawyers Title
Romo Victor -- Continental Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zepeda Juvenal $125,000
Closed Zepeda Juvenal $100,000
Previous Owner Lee Frankie $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2021 09/28/21 Sold $661,000 0.0% $317 / Sq Ft
08/27/2021 08/27/21 Pending -- -- --
08/26/2021 08/26/21 Off Market $661,000 -- --
08/18/2021 08/18/21 Price Changed $629,900 0.0% $302 / Sq Ft
08/18/2021 08/18/21 For Sale $629,900 -4.7% $302 / Sq Ft
06/15/2021 06/15/21 Off Market $661,000 -- --
06/02/2021 06/02/21 For Sale $599,900 -- $288 / 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 $8,850 $701,457 $488,155 $213,302
2024 $8,850 $687,704 $478,584 $209,120
2023 $8,676 $674,220 $469,200 $205,020
2022 $8,544 $661,000 $460,000 $201,000
2021 $2,766 $180,953 $97,436 $83,517
2020 $2,757 $179,098 $96,437 $82,661
2019 $2,813 $175,588 $94,547 $81,041
2018 $2,559 $172,146 $92,694 $79,452
2016 $2,406 $165,464 $89,096 $76,368
2015 $2,387 $162,979 $87,758 $75,221
2014 $2,383 $159,787 $86,039 $73,748
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21113241

California Regional Multiple Listing Service (CRMLS)

APN: 8333-017-013