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1031 Friar Ln, Pomona, CA 91766
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1031 Friar Ln Pomona, CA 91766

$1,118,000 Sold Price as of 06/09/2022
  • 9 Beds
  • 5.5 Baths
  • 4,125 Sq.Ft.
Sold
$1,118,000 Sold Price as of 06/09/2022 Refinance Your Mortgage
Map preview of 1031 Friar Ln, Pomona, CA 91766

Property Overview: 1031 Friar Ln Pomona, CA has 9 bedrooms, 5.5 bathrooms, 4,125 living square feet and 9,800 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Investment Opportunity! Come see this Fourplex in Pomona! Unit A is a unique one level 3bed/2bath with a back yard like a home. Attached is a two level building with 3Units, two units upstairs and one downstairs. Units B and C are 2bed/1bath and Unit D is 2bed 1 1/2bath. There are 4, single car garages and plenty of guest parking. The property also offers a front yard for tenants use, a wood fence for privacy all around and a security lock gat to enter. Rents are set below Market.

Listed by Arturo Nunez | BRE #01089663 | California 2000's R.E
Last checked: 14 minutes ago | Last updated: October 3rd, 2023 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
9,800
HOA Dues
$0/mo
Year built
1964
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW22090308
City
Pomona
County
Los Angeles
Time on Site
787 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,350
  • Total Rent: $1,350
  • Pro Forma/Market Rent: $1,730
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,325
  • Total Rent: $1,325
  • Pro Forma/Market Rent: $1,780
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,470
  • Total Rent: $1,470
  • Pro Forma/Market Rent: $2,380
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,325
  • Total Rent: $1,325
  • Pro Forma/Market Rent: $1,730
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $65,640
  • Net Operating Income: $65,640
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $689
  • Gas/Fuel: $0
  • Trash: $1,965
  • Insurance: $2,593
  • Water/Sewer: $2,285

Property Details for 1031 Friar Ln

Interior Features
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 6
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 8343009093
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: HAMILTON BLVD AND FERNLEAF AVE
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Pomona Agent

Sale History for 1031 Friar Ln

Last sold for $1,118,000 on June 9th, 2022

  • June, 2022

  • Jun 9, 2022

    Date

    Sold

    CRMLS: PW22090308

    $1,118,000

    Price

  • May 3, 2022

    Date

    Active

    CRMLS: PW22090308

    $1,110,000

    Price

  • September, 2017

  • Sep 17, 2017

    Date

    Expired

    CRMLS: PW17056110

    $830,000

    Price

  • Sep 15, 2017

    Date

    Withdrawn

    CRMLS: PW17056110

    $830,000

    Price

  • Jun 30, 2017

    Date

    Price Change

    CRMLS: PW17056110

    $830,000

    Price

  • Jun 30, 2017

    Date

    Active

    CRMLS: PW17056110

    $865,000

    Price

  • May 31, 2017

    Date

    Pending

    CRMLS: PW17056110

    $865,000

    Price

  • Mar 18, 2017

    Date

    Active

    CRMLS: PW17056110

    $865,000

    Price

  • Listing provided courtesy of CRMLS

    Wonderfull opportunity of income property in Pomona. Located in a cul-de-sac, this property has 4 units with One 3bed,2 full bath, Two 2bed, 1 bath, and One with 2bed, 1.5 bath. It has a wooden fence in front and a gated fence in the back with alley access. This great deal has four garage spaces with four tandem spaces. Parking in rear. Back on the Market....motivated seller.

  • March, 2017

  • Mar 30, 2017

    Date

    Active

    CRMLS: PW17066678

    $865,000

    Price

  • Listing provided courtesy of CRMLS

    WONDERFUL OPPORTUNITY FOR AN INCOME PROPERTY IN POMONA!!! This fourplex has a 3 bed 2 bath, two 2 bed 1 bath, and a 2 bed 1.5 bath. Front of property has a wooden fence and gated fencing in back. The building has four garage spaces and four more spaces in-tandum. Parking in rear. Property has five electric meters- having one separate meter for outside lighting. Don't miss out on this great income property!!!!!!

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Tax History for 1031 Friar Ln

Assessed Value (2020): $638,916
Year Land Value Improved Value Assessed Value
2020 $136,869 $502,047 $638,916

Home Value Compared to the Market

This property vs the competition

1031 Friar Ln sold on June 9, 2022 for 65.67% higher than the current median sold price for the city of Pomona which is $670,000. The median sold price per/sqft for Pomona is $470 and this home is sold at $269.09 per/sqft which puts the price per square foot 42.75% lower than the current median sale per square foot for the city of Pomona.

About 1031 Friar Ln

Detailed summary of property

1031 Friar Ln is a multi family that recently sold in Pomona, CA 91766. This multi family property offered 9 bedrooms, 5.5 bathrooms, roughly 4,125 living square feet, and sits on an approximately 9,800 square foot lot. 1031 Friar Ln was first listed on ArdentRealEstateGroup.com on May 3, 2022. The homeowner sold the property for $1,118,000. Home in Pomona are selling for a median price of $670,000 and a median price per square foot of $470. Based on Ardent Real Estate Group's Pomona Market Data, this home is sold 65.67% higher than the current median priced home. Local homes that are currently for sale include 725 S Dickel St, 317 W Guinida Ln and 6728 Friends Ave. While the average home in Pomona, CA is selling in 50 days, 1031 Friar Ln has a days on market of 8 days. There are currently 166 homes for sale in the Pomona real estate market and 122 of them are single family homes while 30 of them are condos and 14 are townhomes. For more information on this home for sale at 1031 Friar Ln Pomona, CA 91766 contact Ardent Real Estate Group and we will put you in touch with one of our Pomona agents.

Public Facts for 1031 Friar Ln

Public county record property details
Beds
9
Baths
6
Year built
1964
Sq. Ft.
4,125
Lot Size
9,800
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
3
APN
8343-009-093

The source for these homes facts are from public records.

91766 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$679,998
Median List Price/Sq.Ft.
$457
Median Sold Price
$670,000
Median Sold Price/Sq.Ft.
$451
Total Inventory
69
Median Sale to List Price %
95.73%
Avg Days on Market
27
Loan Type
Conventional (29.17%), FHA (45.83%), VA (4.17%), Cash (8.33%), Other (12.5%)

Thinking of Selling?

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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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