R
Seller's Agent in 2022
Ruben Marrone
KELLER WILLIAMS COVINA
(626) 890-9013
1 in this area
58 Total Sales
975 Waters Ave Pomona, CA 91766
Ganesha NeighborhoodEstimated Value: $1,103,000 - $1,167,000
8
Beds
4
Baths
3,908
Sq Ft
$291/Sq Ft
Est. Value
Highlights
- No Units Above
- Laundry Room
- 4 Car Garage
- No HOA
- Forced Air Heating and Cooling System
- Level Lot
About This Home
As of March 2022A great opportunity to own a 4-unit income property in Pomona. Property is a single story building approx. 3,908 Sqf. ft and is situated on a large 11,238 Sq. Ft. lot. All 4 units are spacious 2 bedrooms 1 baths each estimated to be 975 Sq. ft. of living space. Each unit is separately metered for electricity and gas and has its own water heater. Each unit has central air and heat. A detach 4 car garage plus additional street and alley provide plenty of parking. There is a community laundry room with a coin operated washer and dryer. Conveniently located close to the I-10, 71, and 60 fwys, transportations, restaurants, shops, schools & parks. Please do not go on property or disturb tenants.
Last Agent to Sell the Property
KELLER WILLIAMS COVINA License #01135250 Listed on: 01/12/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1962
Lot Details
- 0.26 Acre Lot
- No Units Above
- No Units Located Below
- Two or More Common Walls
- Level Lot
Parking
- 4 Car Garage
- Rear-Facing Garage
- Single Garage Door
- On-Street Parking
Home Design
- Quadruplex
Interior Spaces
- 3,908 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Additional Features
- Suburban Location
- Forced Air Heating and Cooling System
Listing and Financial Details
- Tax Lot 4
- Tax Tract Number 26905
- Assessor Parcel Number 8342021087
- $1,022 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $362
- Fuel Expense $255
- Gardener Expense $905
- Insurance Expense $1,411
- Trash Expense $3,405
- Water Sewer Expense $1,186
- Operating Expense $7,524
- Gross Income $100
- Net Operating Income $55,476
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 12, 2022
Closed on
Feb 2, 2022
Sold by
Pomona Place Llc
Bought by
Chen Family Trust and Chen
Seller's Agent
Ruben Marrone
KELLER WILLIAMS COVINA
Buyer's Agent
Chang Chen
R C Realty Corp.
List Price
$999,900
Sold Price
$1,015,000
Premium/Discount to List
$15,100
1.51%
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
$123,360
Avg. Annual Appreciation
2.87%
Original Mortgage
$697,000
Outstanding Balance
$642,257
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$496,103
Purchase Details
Closed on
Oct 12, 2016
Sold by
Flores Mario A and Flores Celina S
Bought by
Pomona Place Llc
Purchase Details
Closed on
May 26, 2016
Sold by
Pomona Place Llc
Bought by
Flores Mario and Flores Celina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.43%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 13, 2006
Sold by
Flores Mario A and Flores Celina
Bought by
Pomona Place Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,000
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Feb 3, 2005
Sold by
Flores Mario A and Flores Celina S
Bought by
Pomona Place Llc
Purchase Details
Closed on
Mar 9, 2001
Sold by
Flores Mario A and Flores Rosariio G
Bought by
Flores Mario A and Flores Celina S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
7.06%
Purchase Details
Closed on
Jul 20, 1993
Sold by
Great Western Bank
Bought by
Flores Mario A and Flores Rosario G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
7.16%
Mortgage Type
Seller Take Back
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chen Family Trust | $1,015,000 | North American Title | |
| Pomona Place Llc | -- | None Available | |
| Flores Mario | -- | North American | |
| Pomona Place Llc | -- | Chicago Title Co | |
| Flores Mario A | -- | Chicago Title Co | |
| Pomona Place Llc | -- | -- | |
| Flores Mario A | -- | Commonwealth Land Title | |
| Flores Mario A | $165,000 | First American Title Co Of L |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chen Family Trust | $697,000 | |
| Previous Owner | Flores Mario | $417,000 | |
| Previous Owner | Flores Mario A | $422,000 | |
| Previous Owner | Flores Mario A | $142,000 | |
| Previous Owner | Flores Mario A | $148,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/01/2022 03/01/22 | Sold | $1,015,000 | 0.0% | $260 / Sq Ft |
| 01/24/2022 01/24/22 | Pending | -- | -- | -- |
| 01/24/2022 01/24/22 | Off Market | $1,015,000 | -- | -- |
| 01/23/2022 01/23/22 | For Sale | $999,900 | -1.5% | $256 / Sq Ft |
| 01/19/2022 01/19/22 | Off Market | $1,015,000 | -- | -- |
| 01/12/2022 01/12/22 | For Sale | $999,900 | -- | $256 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $13,651 | $1,077,124 | $662,405 | $414,719 |
| 2024 | $13,651 | $1,056,005 | $649,417 | $406,588 |
| 2023 | $13,383 | $1,035,300 | $636,684 | $398,616 |
| 2022 | $4,302 | $270,604 | $161,797 | $108,807 |
| 2021 | $4,186 | $265,299 | $158,625 | $106,674 |
| 2019 | $4,249 | $257,432 | $153,921 | $103,511 |
| 2018 | $3,842 | $252,385 | $150,903 | $101,482 |
| 2016 | $3,588 | $242,588 | $145,045 | $97,543 |
| 2015 | $3,560 | $238,945 | $142,867 | $96,078 |
Source: Public Records
Agents Affiliated with this Home
-
Ruben Marrone
-
Chang Chen
Buyer's Agent in 2022
Chang Chen
R C Realty Corp.
(626) 864-7614
1 in this area
48 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV22003097
APN: 8342-021-087
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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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