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1243 W Fernleaf Ave, Pomona, CA 91766
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1243 W Fernleaf Ave Pomona, CA 91766

$1,200,000 Sold Price as of 01/12/2024
  • 9 Beds
  • 5 Baths
  • 3,217 Sq.Ft.
Sold
$1,200,000 Sold Price as of 01/12/2024 Refinance Your Mortgage
Map preview of 1243 W Fernleaf Ave, Pomona, CA 91766

Property Overview: 1243 W Fernleaf Ave Pomona, CA has 9 bedrooms, 5 bathrooms, 3,217 living square feet and 19,300 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Excellent investment residential income property in the city of Pomona. There are 4 single family homes that are situated on a 19,300 sf lot #1243 front house (2+1) w/ 1 car garage. approx. 837 sq. ft., #1245/47 duplex ea. (2+1) w / 1 car garage approx. 1,500 sq. ft., #1249 rear house (3+2) w/ 2c garage approx. 880 sq. ft, ample pkg, lg lot. All 4 unit 100% fully occupied. Tenant pay electricity, gas and water. Each unit has their own laundry hookup.

Listed by Fereshteh Haddad | BRE #01220577 | ACREAGE REAL ESTATE
Last checked: 13 minutes ago | Last updated: January 12th, 2024 | Source CRMLS | DOM: 109

Home details

Lot Sq. Ft
19,300
HOA Dues
$0/mo
Year built
1961
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
CV22198268
City
Pomona
County
Los Angeles
Time on Site
750 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,386
  • Total Rent: $16,632
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $16,800
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,540
  • Total Rent: $18,480
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,375
  • Total Rent: $16,500
  • Pro Forma/Market Rent: $1,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $68,412
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $120
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Gardener: $2,400
  • Insurance: $2,052
  • Professional Management: $0
  • Water/Sewer: $0

Property Details for 1243 W Fernleaf Ave

Interior Features
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 8343013018
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: W/ White Ave, N/ Phillips Blvd
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

Local Pomona Agent

Sale History for 1243 W Fernleaf Ave

Last sold for $1,200,000 on January 12th, 2024

  • January, 2024

  • Jan 12, 2024

    Date

    Sold

    CRMLS: CV22198268

    $1,200,000

    Price

  • Sep 9, 2022

    Date

    Active

    CRMLS: CV22198268

    $1,200,000

    Price

  • December, 2017

  • Dec 27, 2017

    Date

    Sold

    CRMLS: AR17151112

    $868,000

    Price

  • Nov 30, 2017

    Date

    Pending

    CRMLS: AR17151112

    $865,000

    Price

  • Oct 20, 2017

    Date

    Active

    CRMLS: AR17151112

    $865,000

    Price

  • Oct 9, 2017

    Date

    Active Under Contract

    CRMLS: AR17151112

    $865,000

    Price

  • Jul 4, 2017

    Date

    Active

    CRMLS: AR17151112

    $865,000

    Price

  • Listing provided courtesy of CRMLS

    " Back on market, fell out of escrow at no fault of seller". One of a kind residential income property in the City of Pomona. There are 4 single family homes that are situated on a 19,300 SF lot. The enormous lot size offers countless possibilities for the potential owner. Each unit has their own laundry hookup. All the bathrooms have tile floors and countertops. Plenty of parking spaces provided for the tenants. Conveniently located near 71 freeway, Diamond Bar and surrounding golf courses (walking distance to Palm Lake Golf Course). Unit One (1243)-2 Bed/1 Bath/Approx. 837 SF Plus Bonus Room/Carpet/1 Car Garage Unit Two (1245)-2 Bed/1 Bath/Approx. 700 SF/Carpet/1 Car Garage Unit Three (1247)-2 Bed/1 Bath/Approx. 700 SF/Tile Floor/1 Car Garage Unit Four (1249)-3 Bed/2 Bath/Approx. 880 SF/Laminate floor/1 Car Garage+1 Carport

  • February, 2006

  • Feb 24, 2006

    Date

    Sold (Public Records)

    Public Records

    $699,000

    Price

  • September, 2003

  • Sep 18, 2003

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1243 W Fernleaf Ave

Assessed Value (2020): $903,287
Year Land Value Improved Value Assessed Value
2020 $520,200 $383,087 $903,287

Home Value Compared to the Market

This property vs the competition

1243 W Fernleaf Ave sold on January 12, 2024 for 75.18% higher than the current median sold price for the city of Pomona which is $685,000. The median sold price per/sqft for Pomona is $468 and this home is sold at $373.02 per/sqft which puts the price per square foot 20.3% lower than the current median sale per square foot for the city of Pomona.

About 1243 W Fernleaf Ave

Detailed summary of property

1243 W Fernleaf Ave is a multi family that recently sold in Pomona, CA 91766. This multi family property offered 9 bedrooms, 5 bathrooms, roughly 3,217 living square feet, and sits on an approximately 19,300 square foot lot. 1243 W Fernleaf Ave was first listed on ArdentRealEstateGroup.com on September 9, 2022. The homeowner sold the property for $1,200,000. Home 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 75.18% higher than the current median priced home. Local homes that are currently for sale include 1541 N Hope Ave, 420 N Alameda Ave and 110 Orange Grove Ave. While the average home in Pomona, CA is selling in 53 days, 1243 W Fernleaf Ave has a days on market of 109 days. There are currently 223 homes for sale in the Pomona real estate market and 149 of them are single family homes while 33 of them are condos and 41 are townhomes. For more information on this home for sale at 1243 W Fernleaf Ave Pomona, CA 91766 contact Ardent Real Estate Group and we will put you in touch with one of our Pomona agents.

Public Facts for 1243 W Fernleaf Ave

Public county record property details
Beds
10
Baths
5
Year built
1961
Sq. Ft.
3,217
Lot Size
19,300
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
9
APN
8343-013-018

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
$690,000
Median List Price/Sq.Ft.
$469
Median Sold Price
$660,000
Median Sold Price/Sq.Ft.
$488
Total Inventory
107
Median Sale to List Price %
98.51%
Avg Days on Market
18
Loan Type
Conventional (46.43%), FHA (17.86%), VA (0%), Cash (21.43%), Other (14.29%)

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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