NOT LISTED FOR SALE

Estimated Value: $565,000 - $723,143

4 Beds
2 Baths
1,384 Sq Ft
$459/Sq Ft Est. Value

Last Sold October 29, 2020

Last sale price $400,000 $289 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,823/month

Highlights

  • Peek-A-Boo Views
  • Two Homes on a Lot
  • Laundry Room
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • More Than Two Accessible Exits

About This Home

As of October 2020

FIXER: Each Unit in this DUPLEX has 2 Bedrooms/1 Bathroom and POTENTIAL +++. Just what you've been waiting for! A great opportunity to own rental property in Pomona, Los Angeles County - nearby Cal-Poly, Western University of Health Sciences and so much more. This location is highly desired by ALL, (families, students, seniors, singles). Lots of new shopping and restaurants minutes away. You won't have any problems keeping it fully rented/leased year-round. Long-Term tenants, willing to stay or you can live in one, and rent the other. The front unit has a large fenced front yard, and the rear unit needs TLC. It has a private large rear yard, with plenty of shade (needs landscaping). Each has a one-car attached garage, but there's extra parking at the rear side-yard area. Also, both sides of the street on Hansen allow parking (Rare to find in a city like Pomona). Adjacent to Chino Hills, Phillips Ranch, and Diamond Bar. Close to multiple freeways that lead to LA, OC, SB Counties & more!

Last Agent to Sell the Property

CELIA VALENZUELA

Elevate Real Estate Agency License #01342830 Listed on: 09/26/2020

Elevate Real Estate Agency

Last Buyer's Agent

CELIA VALENZUELA

Elevate Real Estate Agency License #01342830 Listed on: 09/26/2020

Elevate Real Estate Agency

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,544

Year Built

  • Built in 1958

Lot Details

  • 8,496 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence
  • Block Wall Fence
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Property Views

  • Peek-A-Boo
  • Mountain

Home Design

  • Property Attached
  • Cosmetic Repairs Needed
  • Fixer Upper
  • Composition Roof

Interior Spaces

  • 1,384 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected

Additional Features

  • More Than Two Accessible Exits
  • Two Homes on a Lot

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 4025
  • Assessor Parcel Number 8349018026

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Fuel Expense $720
  • Insurance Expense $800
  • Trash Expense $1,200
  • Water Sewer Expense $1,500
  • New Taxes Expense $7,548
  • Operating Expense $11,768
  • Gross Income $27,420
  • Net Operating Income $9,610

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,544

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 1500.00
  • Zoning: POR2*
  • Property Condition: Fixer, Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 8349018026
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Accessibility Features: 2+ Access Exits
  • Levels: One
  • Price Per Square Foot: 289.02
  • Room Type: All Bedrooms Down

Exterior Features

  • Other Structures: Two On A Lot
  • View: Mountain(s), Peek-A-Boo
  • Fence: Yes
  • Fencing: Block, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 8496.00
  • Lot Size Acres: 0.1950

Multi Family

  • Average2 Bed Area: 692 Square Feet
  • Fuel Expense: 720.00
  • Gross Income: 27420.00
  • Gross Operating Income: 27351.50
  • Gross Scheduled Income: 27420.00
  • Insurance Expense: 800.00
  • Lot Size Area: 8496.0000 Square Feet
  • Net Operating Income: 9610.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 17810.00
  • Rent Control: No
  • Total Actual Rent: 2285.00
  • Total Expenses: 11768.00
  • Vacancy Allowance: 68
  • Vacancy Allowance Rate: 0.25

Tax Info

  • New Taxes Expense: 7548.00
  • Tax Census Tract: 4025.02
  • Tax Lot: 5
  • Tax Tract Number: 4025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2020
Closed on
Oct 2, 2020
Sold by
Abrahamson Keith R and Solis Kohlmeier Maria
Bought by
He Jiasheng Jason and Zhang Yuqian Tiffany
Seller's Agent
CELIA VALENZUELA
Elevate Real Estate Agency
Buyer's Agent
CELIA VALENZUELA
Elevate Real Estate Agency
List Price
$439,900
Sold Price
$400,000
Premium/Discount to List
-$39,900
-9.07%
Current Estimated Value
$635,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,786
Avg. Annual Appreciation
9.81%
Original Mortgage
$300,000
Outstanding Balance
$266,348
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$369,438

Purchase Details

Closed on
Sep 29, 2003
Sold by
Solis Daniel F and Solis Peggy I
Bought by
Solis Daniel F and Solis Peggy I
Source: Public Records

Range of Values:

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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
He Jiasheng Jason $400,000 Corinthian Title
Solis Daniel F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open He Jiasheng Jason $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2020 10/29/20 Sold $400,000 -9.1% $289 / Sq Ft
09/26/2020 09/26/20 Pending -- -- --
09/26/2020 09/26/20 For Sale $439,900 -- $318 / 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 $5,544 $432,970 $346,377 $86,593
2024 $5,544 $424,482 $339,586 $84,896
2023 $5,434 $416,160 $332,928 $83,232
2022 $5,347 $408,000 $326,400 $81,600
2021 $1,684 $102,549 $34,431 $68,118
2020 $1,678 $101,498 $34,078 $67,420
2019 $1,707 $99,509 $33,410 $66,099
2018 $1,551 $97,558 $32,755 $64,803
2016 $1,453 $93,772 $31,484 $62,288
2015 $1,441 $92,365 $31,012 $61,353
2014 $1,445 $90,557 $30,405 $60,152
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20177915

California Regional Multiple Listing Service (CRMLS)

APN: 8349-018-026