914 North Palomares Street

Pomona, CA 91767

$995,000
Price
3
Beds
4
Baths
2,204 Sq. Ft.
$451 / Sq. Ft.
2,204
Sq. Ft.
$451
per Sq. Ft.

Description

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...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.
  1. Listed by Lauren Davis • DRE #01245985 • Brokerage DRE #01329974 • MARK ANDERSEN & ASSOCIATES • Lauren@markandersEn.com

Property Details for 914 North Palomares Street

Parking Spaces Total
4
Private Pool
No
Cooling Type
Wall/Window
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2204
Assessor Parcel Number
8337-004-012

Location

Listing Courtesy of MARK ANDERSEN & ASSOCIATES, Lauren Davis, DRE #01245985
Add your commute
LISTING UPDATED: 05/31/2024 04:01 AM

Property Details for 914 North Palomares Street

StatusActive
MLS #CV24098399
Days on Market37
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1964
Lot Size0.10 AC / 4,418 SF
CountyLos Angeles County

Location

Listing Courtesy of MARK ANDERSEN & ASSOCIATES, Lauren Davis, DRE #01245985
Add your commute

Building Information for 914 North Palomares Street

Stories2Residences-Year Built1964Building Size-Lot Size0.10 AC / 4,418 SF

Payment Calculator

$5,755 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,430

Property Taxes

$325

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 914 North Palomares Street

Rental Info
Rental Info
  • Tenant Pays: Electricity
Income / Expense / Tax Details
Income Details
  • Gross Income: $2,736
  • Gross Scheduled Income: $64,200
  • Net Operating Income: $56,200
  • Other Income 1: $2,736
  • Current Financing: None
Expense Details
  • Operating Expense: $8,000
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $8,000
Tax / Assessment Info
  • Tax Tract Number: 004
  • Tax Census Tract: 4026.02
  • CFD/Mello-Roos Fee: $818
  • Tax Lot: 10
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Buyer to Verify, Unknown
  • Community Features: Suburban
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Wall
  • Heating: Wall Furnace
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Front Yard
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Carport
  • Uncovered Spaces: 1
  • Open Other Spaces Total: 1
  • Parking Garage Spaces: 0
  • Carport Spaces: 3
  • Parking Features: Carport
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,550
  • Unit Type Total Rent: $1,550
  • Unit Type Pro Forma: 1695
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,350
  • Unit Type Total Rent: $1,350
  • Unit Type Pro Forma: 1495
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 1100
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 0

Property History for 914 North Palomares Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 914 North Palomares Street

Taxable ValueLand$104,005Additions$156,015Total$260,020
Tax Record2023$3,902 ($325 / month)
Home Facts
Total Finished SqFt2,204 SqFtAbove Grade Finished SqFt2,204 SqFtLot Size4,418 SqFtStyleQuadraplexYear Built1964ZoningPOR4YYCountyLOS ANGELESAPN8337-004-012

Schools near 914 North Palomares Street

This home is within Pomona Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 12
Rating
School
Distance
Lincoln Elementary School
PublicK to 6

Emerson Middle School
Public6 to 8

Pomona High School
Public9 to 12

School Of Arts And Enterprise
Charter6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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914 North Palomares Street is a multi-family home for sale in Pomona, CA 91767. This property was listed for sale on May 15, 2024 by MARK ANDERSEN & ASSOCIATES, it's currently listed at $995,000. It has been on the market for a total of 37 days and was last sold on September 28, 1990. This listing's school district is Pomona Unified School District. Nearby schools include Lincoln Elementary School, Emerson Middle School and Pomona High School. 914 North Palomares Street is a 3-bed, 4-bath, 2,204 sqft multi-family home built in 1964.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of MARK ANDERSEN & ASSOCIATES, Lauren Davis, DRE #01245985

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.