1051 E Pasadena St Pomona, CA 91767

$465,000 Sold Price as of 09/22/2017

3 Beds
3 Baths
1,794 Sq.Ft.

Off Market

$465,000 Sold Price as of 09/22/2017 Refinance Your Mortgage

Map preview of 1051 E Pasadena St, Pomona, CA 91767

Property Overview: 1051 E Pasadena St Pomona, CA has 3 bedrooms, 3 bathrooms, 1,794 living square feet and 7,865 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1051 E Pasadena St is currently an off market home in the city of Pomona. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Pomona has a median list price of $675,000. The median price per/sqft for Pomona is $458. With those numbers in mind, if you are looking to purchase a median priced home in Pomona, CA and put 20% down you will need to save up $135,000 for the down payment and will need roughly $13,500 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Pomona the commission could be as much as $34,250. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1051 E Pasadena St

Last sold for $465,000 on September 22nd, 2017

November, 2017
Nov 1, 2017

Date

Expired

CRMLS: AR17111912

$499,000

Price
Jun 26, 2017

Date

Withdrawn

CRMLS: AR17111912

$499,000

Price
Jun 22, 2017

Date

Active Under Contract

CRMLS: AR17111912

$499,000

Price
May 19, 2017

Date

Active

CRMLS: AR17111912

$499,000

Price
Listing provided courtesy of CRMLS

This three unit residential income property sits on a sizable lot. All the tenants are on month-to-month leases but have been living there for many years. Tax Assessor shows 1794 sf but the actual sf is higher (approximately 2800). Rents are currently $3000 per month on a monthly basis but will move up to $3200 in July 2017. All units have washer/dryer hook-ups. Plumbing was upgraded to PEX and copper last year. Unit composition is two 1/1, and one 3/1. The 3/1 is a non-conforming unit where the garages were converted to two extra bedrooms by a previous owner. Conveniently located to many retail amenities on Holt Ave. With the current in-place income and listed price, capitalization rate is over 6%.

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September, 2017
Sep 22, 2017

Date

Sold (Public Records)

Public Records

$465,000

Price
August, 2012
Aug 14, 2012

Date

Sold (Public Records)

Public Records

$310,000

Price

Tax History for 1051 E Pasadena St

Assessed Value (2020): $483,786

Year	Land Value	Improved Value	Assessed Value
2020	$312,120	$171,666	$483,786

About 1051 E Pasadena St

Detailed summary of property

1051 E Pasadena St is categorized with a use code of Triplex (3 Units, Any Combination) in Pomona, CA 91767 and last sold on September 22, 2017 for $465,000. This property has 3 bedrooms, 3 bathrooms, roughly 1,794 living square feet, and sits on an approximately 7,865 square foot lot. Homes in Pomona are selling for a median price of $685,000 and a median price per square foot of $468. Based on Ardent Real Estate Group's Pomona Market Data, this home is sold 32.12% lower than the current median priced home. 1051 E Pasadena St was last sold on September 22, 2017 for $465,000. Local nearby listings include 1439 Ledgestone Ln, 1561 Ledgestone Ln and 382 Lincoln Ave. The average home in Pomona, CA is selling in 51 days. There are currently 221 homes for sale in the Pomona real estate market and 152 of them are single family homes while 32 of them are condos and 37 are townhomes. If you are the homeowner and looking to sell the home at 1051 E Pasadena St Pomona, CA 91767 contact Ardent Real Estate Group and we will put you in touch with one of our Pomona agents.

Public Facts for 1051 E Pasadena St

Public county record property details

Beds: 3
Baths: 3
Year built: 1955
Sq. Ft.: 1,794
Lot Size: 7,865
Stories: --

Type: Triplex (3 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 8
APN: 8323-012-016

The source for these homes facts are from public records.

91767 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$655,000

Median List Price/Sq.Ft.

$449

Median Sold Price

$700,000

Median Sold Price/Sq.Ft.

$457

Total Inventory

Median Sale to List Price %

100.29%

Avg Days on Market

Loan Type

Conventional (33.33%), FHA (33.33%), VA (4.17%), Cash (25%), Other (4.17%)

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