914 N Palomares Street Pomona, CA ^$ 995,000

914 N Palomares Street

^$ 995,000

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914 N Palomares Street

Pomona, CA, 91767

^$ 995,000

Bedrooms4 Baths3.0 Sq 2,204

Monthly Estimate*

^$ 6,613

Listed by MARK ANDERSEN & ASSOCIATES

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Multi-Family Home for sale in Pomona, CA

for $995,000 with 4 bedrooms and 3 full baths. This 2,204 square foot home was built in 1964 on a lot size of 0.1014.

Welcome to Lincoln Park! This beautiful historic area of Pomona has an investment opportunity of 1 four unit building. Units have been well kept and upgraded as they came vacant. Front house is a 2/1 with a large living room & drought tolerant landscaping in front yard. 916 & 918 are 1 bedroom upstairs units with newer flooring and granite countertops. 920 is a studio, that with improvement, could be rented to match pro forma income numbers. Currently 914 & 916 pay RUBS of $114 per month to compensate for water, gas & trash. Tenant's pay their own electricity. All occupied units have wall/window ACs and wall heaters. Garden area in back for shared usage. Three carport spaces. Area is close to colleges, transportation and surrounded by tree-lined streets & park.

Multi-Family Active

Price

^$ 995,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Quadruplex

Lot Size

0.1014

Year Built

1964

Town/City

Pomona

County/Region

Los Angeles

MLS | Web ID

CV24098399

Days on Market

Features

General

Sewer PublicSewer

Heating WallFurnace

Cooling WallWindowUnits

Possession CloseOfEscrow

Zoning POR4YY

Garage Spaces 0.0

Pool Features None

Security Features CarbonMonoxideDetectors SmokeDetectors

Year Built 1964

Tenant Pays Electricity

Property SubType Quadruplex

Gross Income 2736.0

Community Features Suburban

County Los Angeles

Net Operating Income 56200.0

Operating Expense 8000.0

Insurance Expense 0.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions E/Garey S/Alvarado

City Pomona

Entry Location 1

View Y/N N

Senior Community Y/N N

Open Parking Spaces 1.0

NumberOfUnitsTotal 4

MLS Area 687 - Pomona

Lot Size Units SquareFeet

Lot Size Square Feet 4418.0

Private Pool N

Waterfront Y/N N

Carport Spaces 3.0

Carport Y/N Y

Listing Terms Cash CashtoNewLoan Conventional

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 0.0

Home Warranty Y/N N

Current Financing None

Fuel Expense 0.0

Trash Expense 0.0

Water Sewer Expense 0.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 16

Building Area Units SquareFeet

Standard Status Active

Year Built Source Assessor

Tax Lot 10

Property Sub Type Additional Quadruplex

Exterior

Parking Features Carport

Lot Features FrontYard

Water Source Public

Total Parking 4.0

Lot Size Area 4418.0

Number of Buildings 1

Spa N

Building Area Total 2204.0

Lot Size Acres 0.1014

Lot Size Source Assessor

Number of Separate Water Meters 0

Number of Separate Gas Meters 0

Number of Separate Electric Meters 4

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Fireplace Features None

Total Stories 2

Common Walls Item1CommonWall

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Laundry Features None

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 914

* Excluded Features

List By

Mark Andersen & Associates

Broker

(626) 967-2486

Phone

Affordability Calculator

$6,613

Per Month

Monthly Principal & Interest: $6,613
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Pomona, CA

Average List Price ^$1,108,525

Percent of Sale Price 11%

About Pomona, CA

154,854 Population

3% Since 2002

^$52,342 Median Income

32.69 Median Age

38% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/31/2024	$995,000	-9.13%	Price Down
5/15/2024	$1,095,000		Listed Price

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914 N Palomares Street, Pomona, CA, 91767 is a Multi-Family Home for sale at $995,000 with 2,204 sqft and a lot size of 0.1014. 914 N Palomares Street has 4 bedrooms, 3.0 baths, and was built in 1964. The property's zip code is 91767 which is in Pomona, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/19/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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914 N Palomares Street

Multi-Family Home for sale in Pomona, CA

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